$6,650 Closing Credit*
$560,000
3,241 SqFt
4 Beds
•3 Full Baths
Alyssa Winkelmann, Listing Office: JB Goodwin, REALTORS
Is 78216, TX a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
Since last year, 78216 has remained a Buyer's Market.
Key Takeaway
78216 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in 78216, TX
How much do homes in 78216, TX cost?
Median Sold Price
$285,000
$175/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
-$55,000(-16.2%)
Key Takeaway
Homes in 78216 have sold for 16.2% less than they did a year ago.
Summary: The median home sold price in 78216 was $285,000 in November 2024, down 16.2% from last year, and the median price per square foot was $175.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $127K | $117K | -7.9% |
| 2 Bedrooms | $180K | $173K | -3.9% |
| 3 Bedrooms | $315K | $285.2K | -9.4% |
| 4 Bedrooms | $464.5K | $399.9K | -13.9% |
| 5+ Bedrooms | $545K | $422.5K | -22.5% |
Summary: 78216 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 7.9%, 2 bedroom homes decreased by 3.9%, 3 bedroom homes decreased by 9.4%, 4 bedroom homes decreased by 13.9%, and 5+ bedroom homes decreased by 22.5%.
Housing Supply in 78216, TX
How many homes are available in 78216, TX?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 131 | 154 | +17.6% |
Summary: The 78216 real estate market had 154 homes for sale in November 2024, a 17.6% increase compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 9 | 13 | +44.4% |
| 2 Bedrooms | 10 | 16 | +60.0% |
| 3 Bedrooms | 51 | 55 | +7.8% |
| 4 Bedrooms | 52 | 57 | +9.6% |
| 5+ Bedrooms | 9 | 13 | +44.4% |
Summary: The 78216 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 44.4%, 2 bedroom homes increased by 60%, 3 bedroom homes increased by 7.8%, 4 bedroom homes increased by 9.6%, and 5+ bedroom homes increased by 44.4%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 16 | 13 | -18.8% |
Asking Price vs. Sold Price
8 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 78216, you may be able to get a good deal. 61.5% of homes here sold below asking price last month.
Summary: A total of 13 homes were sold or pending in 78216 in November 2024, down by 18.8% month-over-month. Of the 13 sold homes, 62% were sold under asking, 15% were sold at asking, and 23% were sold over asking.
Days on Market for 78216, TX
How long does it take to sell a home in 78216, TX?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 78 Days | 31 Days | -60.1% |
Summary: Homes in 78216 had an average of 31 days on market in Nov 2024, down by 60.1% compared to last year.
Breakdown of Home Sale Times
9 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in 78216 are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 13 homes were sold in 78216; 69% of homes were sold within 30 days, 23% of homes were sold within 30 to 90 days, and 8% 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.