$7,303 Closing Credit*
$615,000
3,520 SqFt
5 Beds
•4 Full Baths, 1 Partial
Heather Knox, Listing Office: Engel & Volkers San Antonio
Is 78163, TX a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
Since last year, 78163 has remained a Buyer's Market.
Key Takeaway
78163 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in 78163, TX
How much do homes in 78163, TX cost?
Median Sold Price
$429,868
$189/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$62(0.0%)
Key Takeaway
The sold price of homes in 78163 has remained the same since last year.
Summary: The median home sold price in 78163 was $429,868 in October 2024, the same as last year, and the median price per square foot was $189.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $515K | $325K | -36.9% |
| 3 Bedrooms | $410.2K | $359.9K | -12.2% |
| 4 Bedrooms | $426.9K | $450K | +5.4% |
| 5+ Bedrooms | $448.9K | $447.3K | -0.3% |
Summary: 78163 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 36.9%, 3 bedroom homes decreased by 12.2%, 4 bedroom homes increased by 5.4%, and 5+ bedroom homes decreased by 0.3%.
Housing Supply in 78163, TX
How many homes are available in 78163, TX?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 216 | 212 | -1.9% |
Summary: The 78163 real estate market had 212 homes for sale in October 2024, a 1.9% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 1 | 1 | 0.0% |
| 3 Bedrooms | 79 | 73 | -7.6% |
| 4 Bedrooms | 109 | 110 | +0.9% |
| 5+ Bedrooms | 27 | 28 | +3.7% |
Summary: The 78163 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 7.6%, 4 bedroom homes increased by 0.9%, and 5+ bedroom homes increased by 3.7%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 36 | 18 | -50.0% |
Asking Price vs. Sold Price
11 Homes Were Sold
Under Asking
6 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in 78163, you may be able to get a good deal. 61.1% of homes here sold below asking price last month.
Summary: A total of 18 homes were sold or pending in 78163 in October 2024, down by 50.0% month-over-month. Of the 18 sold homes, 61% were sold under asking, 33% were sold at asking, and 6% were sold over asking.
Days on Market for 78163, TX
How long does it take to sell a home in 78163, TX?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 59 Days | 123 Days | +108.2% |
Summary: Homes in 78163 had an average of 123 days on market in Oct 2024, up by 108.2% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
8 Homes Were Sold
In 30 - 90 Days
9 Homes Were Sold
Over 90 Days
Key Takeaway
Most homes in 78163 are taking a long time to sell, it's a good idea to negotiate on homes here.
Summary: During October 2024, 18 homes were sold in 78163; 6% of homes were sold within 30 days, 44% of homes were sold within 30 to 90 days, and 50% 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. 
Based on information from the Austin Board of REALTORS® (alternatively, from ACTRIS or Unlock MLS®). All information provided is deemed reliable but is not guaranteed and should be independently verified. The Austin Board of REALTORS®, ACTRIS, Unlock MLS and their affiliates provide the MLS and all content therein “AS IS” and without any warranty, express or implied. The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data maintained by the Board, ACTRIS or Unlock MLS may not reflect all real estate activity in the market. Prices displayed on all Sold listings are the Last Known Listing Price and may not be the actual selling price. 
Listings courtesy of Unlock MLS as distributed by MLS GRID.
©2024 North Texas Real Estate Information Systems. All rights reserved. The database information herein is provided from and copyrighted by the North Texas Real Estate Information Systems, Inc. NTREIS data may not be reproduced or redistributed and is only for people viewing this site. All information provided is deemed reliable but is not guaranteed and should be independently verified. The advertisements herein are merely indications to bid and are not offers to sell which may be accepted. All properties are subject to prior sale or withdrawal. All rights are reserved by copyright.