$9,500 Closing Credit*
$799,999
2,167 SqFt
4 Beds
•3 Full Baths
Samuel Tripp, Listing Office: IH 10 Realty
Is Alamo Heights, TX a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
At the same time last year, Alamo Heights was a Seller's Market.
Key Takeaway
Alamo Heights is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Alamo Heights, TX
How much do homes in Alamo Heights, TX cost?
Median Sold Price
$700,000
$326/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$28,000(+4.2%)
Key Takeaway
Homes in Alamo Heights have sold for 4.2% more than they did a year ago.
Summary: The median home sold price in Alamo Heights was $700,000 in November 2024, up 4.2% from last year, and the median price per square foot was $326.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $425K | $560K | +31.8% |
| 3 Bedrooms | $675K | $699.5K | +3.6% |
| 4 Bedrooms | $870K | $939.1K | +7.9% |
| 5+ Bedrooms | $1.0M | $1.7M | +63.4% |
Summary: Alamo Heights housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 31.8%, 3 bedroom homes increased by 3.6%, 4 bedroom homes increased by 7.9%, and 5+ bedroom homes increased by 63.4%.
Median Sold Price Compared To Nearby Cities
| Alamo Heights | $672K | $700K | +4.2% |
| San Antonio Central | $224.7K | $225.1K | 0.2% |
| San Antonio | $296.4K | $294.9K | -0.5% |
| Terrell Hills | $810K | $575K | -29.0% |
Housing Supply in Alamo Heights, TX
How many homes are available in Alamo Heights, TX?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 56 | 53 | -5.4% |
Summary: The Alamo Heights real estate market had 53 homes for sale in November 2024, a 5.4% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 10 | 12 | +20.0% |
| 3 Bedrooms | 29 | 21 | -27.6% |
| 4 Bedrooms | 16 | 20 | +25.0% |
| 5+ Bedrooms | 1 | 0 | -100.0% |
Summary: The Alamo Heights housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 20%, 3 bedroom homes decreased by 27.6%, 4 bedroom homes increased by 25%, and 5+ bedroom homes decreased by 100%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 10 | 6 | -40.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Alamo Heights, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 6 homes were sold or pending in Alamo Heights in November 2024, down by 40.0% month-over-month. Of the 6 sold homes, 50% were sold under asking, 50% were sold at asking, and 0% were sold over asking.
Days on Market for Alamo Heights, TX
How long does it take to sell a home in Alamo Heights, TX?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 74 Days | 44 Days | -39.7% |
Summary: Homes in Alamo Heights had an average of 44 days on market in Nov 2024, down by 39.7% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Alamo Heights has remained consistent over time.
Summary: During November 2024, 6 homes were sold in Alamo Heights; 33% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 17% 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.