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 April 2023

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

$228,359

$163/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

-$299(-0.1%)

Key Takeaway

The sold price of homes in San Antonio Central has remained the same since last year.

Summary: The median home sold price in San Antonio Central was $228,359 in April 2024, down 0.1% from last year, and the median price per square foot was $163.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 $135K$135K
0.0%
2 $171.8K$172.3K
0.3%
3 $229.4K$224.8K
-2.0%
4 $278.5K$274.7K
-1.3%
5+ $357.5K$374K
+4.6%

Summary: San Antonio Central housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 0.3%, 3 bedroom homes decreased by 2%, 4 bedroom homes decreased by 1.3%, and 5+ bedroom homes increased by 4.6%.

Median Sold Price Compared To Nearby Cities

Alamo Heights
+11.1%
Olmos Park
+4.6%
San Antonio
+3.3%
San Antonio Central
-0.1%

Housing Supply in San Antonio Central, TX

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

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
2,4322,644+8.7%

Summary: The San Antonio Central real estate market had 2,644 homes for sale in April 2024, a 8.7% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 7691
+19.7%
2 454503
+10.8%
3 1,3551,456
+7.5%
4 440482
+9.5%
5+ 107112
+4.7%

Summary: The San Antonio Central housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 19.7%, 2 bedroom homes increased by 10.8%, 3 bedroom homes increased by 7.5%, 4 bedroom homes increased by 9.5%, and 5+ bedroom homes increased by 4.7%.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
355327-7.9%

Asking Price vs. Sold Price

194 Homes Were Sold
Under Asking

79 Homes Were Sold
At Asking

53 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. 59.5% of homes here sold below asking price last month.

Summary: A total of 327 homes were sold or pending in San Antonio Central in April 2024, down by 7.9% month-over-month. Of the 326 sold homes, 60% were sold under asking, 24% were sold at asking, and 16% 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

Apr 2023Apr 2024CHANGE
63 Days81 Days+27.1%

Summary: Homes in San Antonio Central had an average of 81 days on market in Apr 2024, up by 27.1% compared to last year.

Breakdown of Home Sale Times

115 Homes Were Sold
Under 30 Days

103 Homes Were Sold
In 30 - 90 Days

109 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in San Antonio Central are selling fast, if you're buying plan to act quickly.

Summary: During April 2024, 327 homes were sold in San Antonio Central; 35% of homes were sold within 30 days, 31% of homes were sold within 30 to 90 days, and 33% 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 4 Days Ago

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