Is San Antonio, TX a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
At the same time last year, San Antonio was a Seller's Market.
Housing Prices in San Antonio, TX
How much do homes in San Antonio, TX cost?
Median Sold Price
$294,995
$164/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in San Antonio was $294,995 in March 2024, up 3.9% from last year, and the median price per square foot was $164.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $129.6K | $135K | +4.1% |
2 Bedrooms | $185K | $190.2K | +2.8% |
3 Bedrooms | $265.2K | $267.5K | +0.9% |
4 Bedrooms | $341.9K | $349.6K | +2.2% |
5+ Bedrooms | $460K | $451.4K | -1.9% |
Summary: San Antonio housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 4.1%, 2 bedroom homes increased by 2.8%, 3 bedroom homes increased by 0.9%, 4 bedroom homes increased by 2.2%, and 5+ bedroom homes decreased by 1.9%.
Median Sold Price Compared To Nearby Cities
Olmos Park | $670K | $792.5K | +18.3% |
San Antonio | $284K | $294.9K | +3.9% |
Castle Hills | $447.5K | $442K | -1.2% |
San Antonio Central | $229.9K | $226.9K | -1.3% |
Housing Supply in San Antonio, TX
How many homes are available in San Antonio, TX?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
7,680 | 8,536 | +11.1% |
Summary: The San Antonio real estate market had 8,536 homes for sale in March 2024, a 11.1% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 113 | 138 | +22.1% |
2 Bedrooms | 680 | 764 | +12.4% |
3 Bedrooms | 3,814 | 4,278 | +12.2% |
4 Bedrooms | 2,535 | 2,746 | +8.3% |
5+ Bedrooms | 538 | 610 | +13.4% |
Summary: The San Antonio housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 22.1%, 2 bedroom homes increased by 12.4%, 3 bedroom homes increased by 12.2%, 4 bedroom homes increased by 8.3%, and 5+ bedroom homes increased by 13.4%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
1,187 | 1,307 | +10.1% |
Asking Price vs. Sold Price
767 Homes Were Sold
Under Asking
354 Homes Were Sold
At Asking
186 Homes Were Sold
Over Asking
Summary: A total of 1,307 homes were sold or pending in San Antonio in March 2024, up by 10.1% month-over-month. Of the 1,307 sold homes, 59% were sold under asking, 27% were sold at asking, and 14% were sold over asking.
Days on Market for San Antonio, TX
How long does it take to sell a home in San Antonio, TX?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
66 Days | 76 Days | +15.5% |
Summary: Homes in San Antonio had an average of 76 days on market in Mar 2024, up by 15.5% compared to last year.
Breakdown of Home Sale Times
426 Homes Were Sold
Under 30 Days
430 Homes Were Sold
In 30 - 90 Days
451 Homes Were Sold
Over 90 Days
Summary: During March 2024, 1307 homes were sold in San Antonio; 33% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 35% of homes were sold over 90 days.