Is 77346, TX a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
Since last year, 77346 has remained a Seller's Market.
Key Takeaway
77346 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 77346, TX
How much do homes in 77346, TX cost?
Median Sold Price
$327,486
$139/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
The sold price of homes in 77346 has remained the same since last year.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $245K | $187.4K | -23.5% |
| 3 Bedrooms | $280K | $278.6K | -0.5% |
| 4 Bedrooms | $352.6K | $349.9K | -0.8% |
| 5+ Bedrooms | $457.5K | $478K | +4.5% |
Summary: 77346 housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 23.5%, 3 bedroom homes decreased by 0.5%, 4 bedroom homes decreased by 0.8%, and 5+ bedroom homes increased by 4.5%.
Housing Supply in 77346, TX
How many homes are available in 77346, TX?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 413 | 476 | +15.3% |
Summary: The 77346 real estate market had 476 homes for sale in May 2024, a 15.3% increase compared to April 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 2 | 2 | 0.0% |
| 3 Bedrooms | 151 | 163 | +7.9% |
| 4 Bedrooms | 215 | 263 | +22.3% |
| 5+ Bedrooms | 45 | 48 | +6.7% |
Summary: The 77346 housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 7.9%, 4 bedroom homes increased by 22.3%, and 5+ bedroom homes increased by 6.7%.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 81 | 83 | +2.5% |
Asking Price vs. Sold Price
55 Homes Were Sold
Under Asking
19 Homes Were Sold
At Asking
9 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 77346, you may be able to get a good deal. 66.3% of homes here sold below asking price last month.
Summary: A total of 83 homes were sold or pending in 77346 in May 2024, up by 2.5% month-over-month. Of the 83 sold homes, 66% were sold under asking, 23% were sold at asking, and 11% were sold over asking.
Days on Market for 77346, TX
How long does it take to sell a home in 77346, TX?
Average Sale Time
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 49 Days | 33 Days | -32.4% |
Summary: Homes in 77346 had an average of 33 days on market in May 2024, down by 32.4% compared to last year.
Breakdown of Home Sale Times
57 Homes Were Sold
Under 30 Days
18 Homes Were Sold
In 30 - 90 Days
8 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 77346 are selling fast, if you're buying plan to act quickly.
Summary: During May 2024, 83 homes were sold in 77346; 69% of homes were sold within 30 days, 22% of homes were sold within 30 to 90 days, and 10% of homes were sold over 90 days.
Disclaimer: The MLS data is provided exclusively to Participants or Subscribers for display on their website solely for consumers’ personal, non-commercial use, that the MLS data may not be used for any purpose other than to display prospective properties consumers may be interested in purchasing or leasing. Information contained on the computer print-outs of the Multiple Listing Service (MLS) of the HOUSTON REALTORS® INFORMATION SERVICE (HRIS) is furnished by MLS Participants for dissemination to other MLS Participants, for their exclusive use, and should not be relied upon by Buyer/Tenant or any other person. There is no express or implied warranty by HRIS or MLS as to the accuracy of such information, which should be independently verified by Buyer/Tenant or such other person. MLS does not verify the information and disclaims any responsibility for its accuracy. Any estimate of value was prepared using automated processes and should not be considered a comparative market analysis (CMA) or appraisal. You may contact us to provide additional information and analysis for a more accurate estimate of the property's value. Digital images modified or enhanced to alter real property characteristics contain a visible and legible watermark across the bottom of the image “Image does not represent actual property as is”. 
Disclaimer: The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the San Antonio Board of Realtors. Real estate listings held by brokerage firms are indicated by detailed information about them such as the name of the listing firms. © 2024 San Antonio Board of Realtors®. All Rights Reserved.