$5,932 Closing Credit*
$499,500
3,146 SqFt
4 Beds
•3 Full Baths, 1 Partial
Cynthia Anthony, Listing Office: United Realty Group of Texas, LLC
Is 78263, 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, 78263 was a Seller's Market.
Key Takeaway
78263 is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in 78263, TX
How much do homes in 78263, TX cost?
Median Sold Price
$449,998
$198/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
-$29,902(-6.2%)
Key Takeaway
Homes in 78263 have sold for 6.2% less than they did a year ago.
Summary: The median home sold price in 78263 was $449,998 in October 2024, down 6.2% from last year, and the median price per square foot was $198.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $250K | $350K | +40.0% |
| 3 Bedrooms | $383K | $389K | +1.6% |
| 4 Bedrooms | $515K | $494.9K | -3.9% |
| 5+ Bedrooms | $590K | $682.5K | +15.7% |
Summary: 78263 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 increased by 40%, 3 bedroom homes increased by 1.6%, 4 bedroom homes decreased by 3.9%, and 5+ bedroom homes increased by 15.7%.
Housing Supply in 78263, TX
How many homes are available in 78263, TX?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 43 | 48 | +11.6% |
Summary: The 78263 real estate market had 48 homes for sale in October 2024, a 11.6% increase 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 | 15 | 16 | +6.7% |
| 4 Bedrooms | 21 | 25 | +19.0% |
| 5+ Bedrooms | 6 | 6 | 0.0% |
Summary: The 78263 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 increased by 6.7%, 4 bedroom homes increased by 19%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 7 | 7 | 0.0% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in 78263, you may be able to get a good deal. 57.1% of homes here sold below asking price last month.
Summary: A total of 7 homes were sold or pending in 78263 in October 2024, the same as the previous month. Of the 7 sold homes, 57% were sold under asking, 29% were sold at asking, and 14% were sold over asking.
Days on Market for 78263, TX
How long does it take to sell a home in 78263, TX?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 41 Days | 88 Days | +114.7% |
Summary: Homes in 78263 had an average of 88 days on market in Oct 2024, up by 114.7% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
4 Homes Were Sold
Over 90 Days
Key Takeaway
Most homes in 78263 are taking a long time to sell, it's a good idea to negotiate on homes here.
Summary: During October 2024, 7 homes were sold in 78263; 14% of homes were sold within 30 days, 29% of homes were sold within 30 to 90 days, and 57% 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.