Is Bexar County, TX a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
At the same time last year, Bexar County was a Seller's Market.
Housing Prices in Bexar County, TX
How much do homes in Bexar County, TX cost?
Median Sold Price
$294,129
$163/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Bexar County was $294,129 in May 2024, down 1.9% from last year, and the median price per square foot was $163.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $134K | $134.5K | 0.4% |
2 Bedrooms | $190K | $189.7K | -0.1% |
3 Bedrooms | $270.9K | $264.9K | -2.2% |
4 Bedrooms | $350.5K | $345K | -1.6% |
5+ Bedrooms | $445.1K | $447.6K | +0.6% |
Summary: Bexar County housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes increased by 0.4%, 2 bedroom homes decreased by 0.1%, 3 bedroom homes decreased by 2.2%, 4 bedroom homes decreased by 1.6%, and 5+ bedroom homes increased by 0.6%.
Median Sold Price Compared To Nearby Counties
Wilson County | $442.4K | $466.7K | +5.5% |
Kendall County | $591.9K | $584.1K | -1.3% |
Guadalupe County | $339.9K | $334.1K | -1.7% |
Bexar County | $299.9K | $294.1K | -1.9% |
Comal County | $419.9K | $409.4K | -2.5% |
Housing Supply in Bexar County, TX
How many homes are available in Bexar County, TX?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
9,112 | 10,092 | +10.8% |
Summary: The Bexar County real estate market had 10,092 homes for sale in May 2024, a 10.8% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 135 | 146 | +8.1% |
2 Bedrooms | 738 | 849 | +15.0% |
3 Bedrooms | 4,479 | 5,010 | +11.9% |
4 Bedrooms | 3,087 | 3,353 | +8.6% |
5+ Bedrooms | 673 | 734 | +9.1% |
Summary: The Bexar County housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 8.1%, 2 bedroom homes increased by 15%, 3 bedroom homes increased by 11.9%, 4 bedroom homes increased by 8.6%, and 5+ bedroom homes increased by 9.1%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
1,636 | 1,558 | -4.8% |
Asking Price vs. Sold Price
905 Homes Were Sold
Under Asking
416 Homes Were Sold
At Asking
234 Homes Were Sold
Over Asking
Summary: A total of 1,558 homes were sold or pending in Bexar County in May 2024, down by 4.8% month-over-month. Of the 1,555 sold homes, 58% were sold under asking, 27% were sold at asking, and 15% were sold over asking.
Days on Market for Bexar County, TX
How long does it take to sell a home in Bexar County, TX?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
61 Days | 69 Days | +12.6% |
Summary: Homes in Bexar County had an average of 69 days on market in May 2024, up by 12.6% compared to last year.
Breakdown of Home Sale Times
594 Homes Were Sold
Under 30 Days
555 Homes Were Sold
In 30 - 90 Days
409 Homes Were Sold
Over 90 Days
Summary: During May 2024, 1558 homes were sold in Bexar County; 38% of homes were sold within 30 days, 36% of homes were sold within 30 to 90 days, and 26% of homes were sold over 90 days.