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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing San Antonio Northwest is a seller's market

Buyer's
Market

Difference Since April 2023

Since last year, San Antonio Northwest has remained a Seller's Market.

Key Takeaway

San Antonio Northwest is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in San Antonio Northwest, TX

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

Median Sold Price

$315,588

$169/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

-$9,453(-2.9%)

Key Takeaway

Homes in San Antonio Northwest have sold for 2.9% less than they did a year ago.

Summary: The median home sold price in San Antonio Northwest was $315,588 in April 2024, down 2.9% from last year, and the median price per square foot was $169.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 $124.7K$124.5K
-0.2%
2 $213.2K$195K
-8.6%
3 $288.6K$285K
-1.3%
4 $386.5K$379.8K
-1.7%
5+ $505K$485K
-4.0%

Summary: San Antonio Northwest housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 0.2%, 2 bedroom homes decreased by 8.6%, 3 bedroom homes decreased by 1.3%, 4 bedroom homes decreased by 1.7%, and 5+ bedroom homes decreased by 4%.

Median Sold Price Compared To Nearby Cities

San Antonio
+3.3%
Leon Valley
-0.9%
San Antonio Northwest
-2.9%
Helotes
-8.1%

Housing Supply in San Antonio Northwest, TX

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

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
1,3971,546+10.7%

Summary: The San Antonio Northwest real estate market had 1,546 homes for sale in April 2024, a 10.7% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 1211
-8.3%
2 6161
0.0%
3 667712
+6.7%
4 537625
+16.4%
5+ 120137
+14.2%

Summary: The San Antonio Northwest housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 8.3%, 2 bedroom homes remained the same, 3 bedroom homes increased by 6.7%, 4 bedroom homes increased by 16.4%, and 5+ bedroom homes increased by 14.2%.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
289287-0.7%

Asking Price vs. Sold Price

173 Homes Were Sold
Under Asking

72 Homes Were Sold
At Asking

42 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in San Antonio Northwest, you may be able to get a good deal. 60.3% of homes here sold below asking price last month.

Summary: A total of 287 homes were sold or pending in San Antonio Northwest in April 2024, down by 0.7% month-over-month. Of the 287 sold homes, 60% were sold under asking, 25% were sold at asking, and 15% were sold over asking.

Days on Market for San Antonio Northwest, TX

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

Average Sale Time

Apr 2023Apr 2024CHANGE
64 Days69 Days+8.1%

Summary: Homes in San Antonio Northwest had an average of 69 days on market in Apr 2024, up by 8.1% compared to last year.

Breakdown of Home Sale Times

102 Homes Were Sold
Under 30 Days

106 Homes Were Sold
In 30 - 90 Days

79 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During April 2024, 287 homes were sold in San Antonio Northwest; 36% of homes were sold within 30 days, 37% of homes were sold within 30 to 90 days, and 28% 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 13 Days Ago

Newest Listings in San Antonio Northwest, TX

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