Is San Antonio Central, TX a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing San Antonio Central is a buyer's market

Buyer's
Market

Difference Since November 2022

At the same time last year, San Antonio Central was a Seller's Market.

Key Takeaway

San Antonio Central is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in San Antonio Central, TX

How much do homes in San Antonio Central, TX cost?

Median Sold Price

$225,658

$163/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2022

-$4,202(-1.8%)

Key Takeaway

Homes in San Antonio Central have sold for 1.8% less than they did a year ago.

Summary: The median home sold price in San Antonio Central was $225,658 in November 2023, down 1.8% from last year, and the median price per square foot was $163.

Median Sold Price By Bedroom Count

# BEDSNov 2022Nov 2023CHANGE
1 $135K$147.5K
+9.3%
2 $179K$174K
-2.8%
3 $226K$224.8K
-0.5%
4 $282.1K$270.6K
-4.1%
5+ $390K$369.9K
-5.2%

Summary: San Antonio Central housing prices by bedroom type for November 2023 compared to the previous year: The home price of 1 bedroom homes increased by 9.3%, 2 bedroom homes decreased by 2.8%, 3 bedroom homes decreased by 0.5%, 4 bedroom homes decreased by 4.1%, and 5+ bedroom homes decreased by 5.2%.

Median Sold Price Compared To Nearby Cities

Olmos Park
+25.7%
San Antonio
+6.9%
Alamo Heights
+5.3%
San Antonio Central
-1.8%

Housing Supply in San Antonio Central, TX

How many homes are available in San Antonio Central, TX?

Number of Homes For Sale

Oct 2023Nov 2023CHANGE
2,1492,328+8.3%

Summary: The San Antonio Central real estate market had 2,328 homes for sale in November 2023, a 8.3% increase compared to October 2023.

Homes For Sale By Bedroom Count

# BEDSOct 2023Nov 2023CHANGE
1 7281
+12.5%
2 391418
+6.9%
3 1,1841,300
+9.8%
4 388413
+6.4%
5+ 114116
+1.8%

Summary: The San Antonio Central housing inventory by bedroom type for November 2023 compared to the previous month: The inventory of 1 bedroom homes increased by 12.5%, 2 bedroom homes increased by 6.9%, 3 bedroom homes increased by 9.8%, 4 bedroom homes increased by 6.4%, and 5+ bedroom homes increased by 1.8%.

Number of Homes Sold

Oct 2023Nov 2023CHANGE
310227-26.8%

Asking Price vs. Sold Price

155 Homes Were Sold
Under Asking

46 Homes Were Sold
At Asking

26 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in San Antonio Central, you may be able to get a good deal. 68.3% of homes here sold below asking price last month.

Summary: A total of 227 homes were sold or pending in San Antonio Central in November 2023, down by 26.8% month-over-month. Of the 227 sold homes, 68% were sold under asking, 20% were sold at asking, and 11% were sold over asking.

Days on Market for San Antonio Central, TX

How long does it take to sell a home in San Antonio Central, TX?

Average Sale Time

Nov 2022Nov 2023CHANGE
55 Days70 Days+26.2%

Summary: Homes in San Antonio Central had an average of 70 days on market in Nov 2023, up by 26.2% compared to last year.

Breakdown of Home Sale Times

84 Homes Were Sold
Under 30 Days

85 Homes Were Sold
In 30 - 90 Days

58 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in San Antonio Central has remained consistent over time.

Summary: During November 2023, 227 homes were sold in San Antonio Central; 37% of homes were sold within 30 days, 37% of homes were sold within 30 to 90 days, and 26% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 6 Days Ago

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