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 May 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

$227,622

$163/sqft

Based on all homes sold in the last 12 months.

Difference Since May 2023

+$6,882(+3.1%)

Key Takeaway

Homes in San Antonio Central have sold for 3.1% more than they did a year ago.

Summary: The median home sold price in San Antonio Central was $227,622 in May 2024, up 3.1% from last year, and the median price per square foot was $163.

Median Sold Price By Bedroom Count

# BEDSMay 2023May 2024CHANGE
1 $135.7K$137.5K
+1.3%
2 $173.2K$171.2K
-1.2%
3 $225.1K$224.8K
-0.1%
4 $262.2K$276.6K
+5.5%
5+ $399.9K$379.9K
-5.0%

Summary: San Antonio Central housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes increased by 1.3%, 2 bedroom homes decreased by 1.2%, 3 bedroom homes decreased by 0.1%, 4 bedroom homes increased by 5.5%, and 5+ bedroom homes decreased by 5%.

Median Sold Price Compared To Nearby Cities

San Antonio Central
+3.1%
Alamo Heights
+3.1%
Olmos Park
+0.9%
San Antonio
-1.6%

Housing Supply in San Antonio Central, TX

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

Number of Homes For Sale

Apr 2024May 2024CHANGE
2,3762,669+12.3%

Summary: The San Antonio Central real estate market had 2,669 homes for sale in May 2024, a 12.3% increase compared to April 2024.

Homes For Sale By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 8384
+1.2%
2 448530
+18.3%
3 1,3281,519
+14.4%
4 412425
+3.2%
5+ 105111
+5.7%

Summary: The San Antonio Central housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 1.2%, 2 bedroom homes increased by 18.3%, 3 bedroom homes increased by 14.4%, 4 bedroom homes increased by 3.2%, and 5+ bedroom homes increased by 5.7%.

Number of Homes Sold

Apr 2024May 2024CHANGE
365311-14.8%

Asking Price vs. Sold Price

204 Homes Were Sold
Under Asking

65 Homes Were Sold
At Asking

41 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. 65.8% of homes here sold below asking price last month.

Summary: A total of 311 homes were sold or pending in San Antonio Central in May 2024, down by 14.8% month-over-month. Of the 310 sold homes, 66% were sold under asking, 21% were sold at asking, and 13% 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

May 2023May 2024CHANGE
59 Days67 Days+12.3%

Summary: Homes in San Antonio Central had an average of 67 days on market in May 2024, up by 12.3% compared to last year.

Breakdown of Home Sale Times

115 Homes Were Sold
Under 30 Days

114 Homes Were Sold
In 30 - 90 Days

82 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 May 2024, 311 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 7 Days Ago

Newest Listings in San Antonio Central, TX

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