$1,425 Closing Credit*
$120,000
1,250 SqFt
2 Beds
•1 Full Bath
Shalom Limon, Listing Office: Mana Realty
Is 78225, 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, 78225 was a Seller's Market.
Key Takeaway
78225 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in 78225, TX
How much do homes in 78225, TX cost?
Median Sold Price
$149,000
$140/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
-$15,000(-9.1%)
Key Takeaway
Homes in 78225 have sold for 9.1% less than they did a year ago.
Summary: The median home sold price in 78225 was $149,000 in October 2024, down 9.1% from last year, and the median price per square foot was $140.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $100K | $140K | +40.0% |
| 2 Bedrooms | $148K | $122.5K | -17.2% |
| 3 Bedrooms | $183K | $202.5K | +10.7% |
| 4 Bedrooms | $242K | $175K | -27.7% |
| 5+ Bedrooms | $231.4K | $302.5K | +30.7% |
Summary: 78225 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 40%, 2 bedroom homes decreased by 17.2%, 3 bedroom homes increased by 10.7%, 4 bedroom homes decreased by 27.7%, and 5+ bedroom homes increased by 30.7%.
Housing Supply in 78225, TX
How many homes are available in 78225, TX?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 37 | 37 | 0.0% |
Summary: The 78225 real estate market had 37 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 | 1 | 1 | 0.0% |
| 2 Bedrooms | 8 | 6 | -25.0% |
| 3 Bedrooms | 20 | 23 | +15.0% |
| 4 Bedrooms | 7 | 7 | 0.0% |
| 5+ Bedrooms | 1 | 0 | -100.0% |
Summary: The 78225 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 decreased by 25%, 3 bedroom homes increased by 15%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 100%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 6 | 4 | -33.3% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 78225, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 4 homes were sold or pending in 78225 in October 2024, down by 33.3% month-over-month. Of the 4 sold homes, 50% were sold under asking, 0% were sold at asking, and 50% were sold over asking.
Days on Market for 78225, TX
How long does it take to sell a home in 78225, TX?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 34 Days | 59 Days | +72.0% |
Summary: Homes in 78225 had an average of 59 days on market in Oct 2024, up by 72% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in 78225 are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 4 homes were sold in 78225; 50% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 25% 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.