$10,000 Closing Credit*
$849,900
1,543 SqFt
2 Beds
•2 Full Baths, 1 Partial
Natalee Newell, Listing Office: Engel & Volkers San Antonio
Is Downtown, TX a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Last month, Downtown was a Buyer's Market.
Key Takeaway
Downtown 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 Downtown, TX
How much do homes in Downtown, TX cost?
Median Sold Price
$539,000
$310/sqft
Based on all homes sold in October 2024.
Difference Since Last Month
+$229,000(+73.9%)
Key Takeaway
Homes in Downtown have sold for 73.9% more than they did a month ago.
Summary: The median home sold price in Downtown was $539,000 in October 2024, up 73.9% from last month, and the median price per square foot was $310.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | $607K | N/A |
| 3 Bedrooms | $260K | $326.6K | +25.6% |
| 4 Bedrooms | $360K | - | N/A |
| 5+ Bedrooms | - | $1.0M | N/A |
Summary: Downtown housing prices by bedroom type for October 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes increased by 25.6%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Housing Supply in Downtown, TX
How many homes are available in Downtown, TX?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 31 | 35 | +12.9% |
Summary: The Downtown real estate market had 35 homes for sale in October 2024, a 12.9% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 4 | 4 | 0.0% |
| 2 Bedrooms | 15 | 19 | +26.7% |
| 3 Bedrooms | 8 | 8 | 0.0% |
| 4 Bedrooms | 2 | 2 | 0.0% |
| 5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The Downtown 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 increased by 26.7%, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 2 | 5 | +150.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Downtown, you may be able to get a good deal. 60% of homes here sold below asking price last month.
Summary: A total of 5 homes were sold or pending in Downtown in October 2024, up by 150.0% month-over-month. Of the 5 sold homes, 60% were sold under asking, 40% were sold at asking, and 0% were sold over asking.
Days on Market for Downtown, TX
How long does it take to sell a home in Downtown, TX?
Average Sale Time
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 75 Days | 181 Days | +140.5% |
Summary: Homes in Downtown had an average of 181 days on market in Oct 2024, up by 140.5% compared to last month.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Downtown has remained consistent over time.
Summary: During October 2024, 5 homes were sold in Downtown; 0% of homes were sold within 30 days, 60% of homes were sold within 30 to 90 days, and 40% 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.