$10,000 Closing Credit*
$924,900
3,952 SqFt
5 Beds
•4 Full Baths, 1 Partial
Charlene Goree, Listing Office: Coldwell Banker DAnn Harper,
Is Fair Oaks Ranch, 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, Fair Oaks Ranch was a Seller's Market.
Key Takeaway
Fair Oaks Ranch is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Fair Oaks Ranch, TX
How much do homes in Fair Oaks Ranch, TX cost?
Median Sold Price
$744,925
$237/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
-$6,428(-0.9%)
Key Takeaway
Homes in Fair Oaks Ranch have sold for 0.9% less than they did a year ago.
Summary: The median home sold price in Fair Oaks Ranch was $744,925 in October 2024, down 0.9% from last year, and the median price per square foot was $237.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | $265K | N/A |
| 3 Bedrooms | $600K | $646.9K | +7.8% |
| 4 Bedrooms | $765K | $771.5K | +0.8% |
| 5+ Bedrooms | $820K | $824K | 0.5% |
Summary: Fair Oaks Ranch 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 did not change, 3 bedroom homes increased by 7.8%, 4 bedroom homes increased by 0.8%, and 5+ bedroom homes increased by 0.5%.
Median Sold Price Compared To Nearby Cities
| Canyon Lake | $452.7K | $460.3K | +1.7% |
| San Antonio North | $424.9K | $430K | +1.2% |
| San Antonio | $297.3K | $294.8K | -0.8% |
| Fair Oaks Ranch | $751.3K | $744.9K | -0.9% |
Housing Supply in Fair Oaks Ranch, TX
How many homes are available in Fair Oaks Ranch, TX?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 49 | 47 | -4.1% |
Summary: The Fair Oaks Ranch real estate market had 47 homes for sale in October 2024, a 4.1% decrease 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 | 0 | 0 | 0.0% |
| 3 Bedrooms | 17 | 14 | -17.6% |
| 4 Bedrooms | 26 | 29 | +11.5% |
| 5+ Bedrooms | 6 | 4 | -33.3% |
Summary: The Fair Oaks Ranch 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 decreased by 17.6%, 4 bedroom homes increased by 11.5%, and 5+ bedroom homes decreased by 33.3%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 11 | 5 | -54.5% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Fair Oaks Ranch, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 5 homes were sold or pending in Fair Oaks Ranch in October 2024, down by 54.5% month-over-month. Of the 5 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Fair Oaks Ranch, TX
How long does it take to sell a home in Fair Oaks Ranch, TX?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 58 Days | 79 Days | +35.1% |
Summary: Homes in Fair Oaks Ranch had an average of 79 days on market in Oct 2024, up by 35.1% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Fair Oaks Ranch are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 5 homes were sold in Fair Oaks Ranch; 40% of homes were sold within 30 days, 40% of homes were sold within 30 to 90 days, and 20% 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. 
Data provided by the Central Texas MLS IDX program. Information deemed reliable but not guaranteed. Some properties which appear for sale may no longer be available due to no longer being offered for sale. The information being provided is 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. ©2024 Central Texas MLS, All Rights Reserved.