$8,455 Closing Credit*
$712,000
2,744 SqFt
5 Beds
•3 Full Baths, 1 Partial
Angela Barcenas, Listing Office: Vortex Realty
Is 78101, TX a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
At the same time last year, 78101 was a Neutral Market.
Key Takeaway
78101 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in 78101, TX
How much do homes in 78101, TX cost?
Median Sold Price
$508,000
$226/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
-$102,000(-16.7%)
Key Takeaway
Homes in 78101 have sold for 16.7% less than they did a year ago.
Summary: The median home sold price in 78101 was $508,000 in October 2024, down 16.7% from last year, and the median price per square foot was $226.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $340K | - | N/A |
| 2 Bedrooms | $345.5K | $301.7K | -12.7% |
| 3 Bedrooms | $505K | $444K | -12.1% |
| 4 Bedrooms | $644K | $557K | -13.5% |
| 5+ Bedrooms | $626.5K | $750K | +19.7% |
Summary: 78101 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 12.7%, 3 bedroom homes decreased by 12.1%, 4 bedroom homes decreased by 13.5%, and 5+ bedroom homes increased by 19.7%.
Housing Supply in 78101, TX
How many homes are available in 78101, TX?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 53 | 53 | 0.0% |
Summary: The 78101 real estate market had 53 homes for sale in October 2024, the same as September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 5 | 5 | 0.0% |
| 3 Bedrooms | 19 | 18 | -5.3% |
| 4 Bedrooms | 23 | 23 | 0.0% |
| 5+ Bedrooms | 6 | 7 | +16.7% |
Summary: The 78101 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes decreased by 5.3%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 16.7%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 6 | 2 | -66.7% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 78101, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 2 homes were sold or pending in 78101 in October 2024, down by 66.7% month-over-month. Of the 2 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for 78101, TX
How long does it take to sell a home in 78101, TX?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 43 Days | 112 Days | +157.5% |
Summary: Homes in 78101 had an average of 112 days on market in Oct 2024, up by 157.5% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Most homes in 78101 are taking a long time to sell, it's a good idea to negotiate on homes here.
Summary: During October 2024, 2 homes were sold in 78101; 0% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 100% of homes were sold over 90 days.
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.