$1,543 Closing Credit*
$129,900
672 SqFt
2 Beds
•1 Full Bath
Alexandra Davalos, Listing Office: Davalos & Associates
Is Government Hill, TX a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Since last month, Government Hill has remained a Buyer's Market.
Key Takeaway
Government Hill is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Government Hill, TX
How much do homes in Government Hill, TX cost?
Median Sold Price
$46,000
$45/sqft
Based on all homes sold in October 2024.
Difference Since Last Month
-$309,000(-87.0%)
Key Takeaway
Homes in Government Hill have sold for 87% less than they did a month ago.
Summary: The median home sold price in Government Hill was $46,000 in October 2024, down 87% from last month, and the median price per square foot was $45.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | $46K | N/A |
| 3 Bedrooms | $150K | - | N/A |
| 4 Bedrooms | $560K | - | N/A |
| 5+ Bedrooms | - | - | N/A |
Summary: Government Hill 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 did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Neighborhoods
| Downtown | $310K | $539K | +73.9% |
| Government Hill | $355K | $46K | -87.0% |
Housing Supply in Government Hill, TX
How many homes are available in Government Hill, TX?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 29 | 37 | +27.6% |
Summary: The Government Hill real estate market had 37 homes for sale in October 2024, a 27.6% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 8 | 12 | +50.0% |
| 3 Bedrooms | 14 | 15 | +7.1% |
| 4 Bedrooms | 5 | 8 | +60.0% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Government Hill 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 50%, 3 bedroom homes increased by 7.1%, 4 bedroom homes increased by 60%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 2 | 1 | -50.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Government Hill, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 1 homes were sold or pending in Government Hill in October 2024, down by 50.0% month-over-month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Government Hill, TX
How long does it take to sell a home in Government Hill, TX?
Average Sale Time
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 254 Days | 27 Days | -89.4% |
Summary: Homes in Government Hill had an average of 27 days on market in Oct 2024, down by 89.4% compared to last month.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Government Hill are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 1 homes were sold in Government Hill; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% 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.