$2,672 Closing Credit*
$225,000
1,494 SqFt
3 Beds
•2 Full Baths
Amelia Gallo, Listing Office: Kerr Realty
Is Heritage, 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, Heritage was a Neutral Market.
Key Takeaway
Heritage is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Heritage, TX
How much do homes in Heritage, TX cost?
Median Sold Price
$221,750
$150/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
-$8,250(-3.6%)
Key Takeaway
Homes in Heritage have sold for 3.6% less than they did a year ago.
Summary: The median home sold price in Heritage was $221,750 in November 2024, down 3.6% from last year, and the median price per square foot was $150.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $150K | $149.5K | -0.3% |
| 3 Bedrooms | $227.5K | $218.9K | -3.7% |
| 4 Bedrooms | $240K | $250K | +4.2% |
| 5+ Bedrooms | $252.5K | $718K | +184.4% |
Summary: Heritage 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 decreased by 0.3%, 3 bedroom homes decreased by 3.7%, 4 bedroom homes increased by 4.2%, and 5+ bedroom homes increased by 184.4%.
Housing Supply in Heritage, TX
How many homes are available in Heritage, TX?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 62 | 65 | +4.8% |
Summary: The Heritage real estate market had 65 homes for sale in November 2024, a 4.8% increase 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 | 2 | 2 | 0.0% |
| 3 Bedrooms | 44 | 45 | +2.3% |
| 4 Bedrooms | 13 | 14 | +7.7% |
| 5+ Bedrooms | 3 | 4 | +33.3% |
Summary: The Heritage 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 remained the same, 3 bedroom homes increased by 2.3%, 4 bedroom homes increased by 7.7%, and 5+ bedroom homes increased by 33.3%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 9 | 11 | +22.2% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
5 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Heritage, you may be able to get a good deal. 45.5% of homes here sold below asking price last month.
Summary: A total of 11 homes were sold or pending in Heritage in November 2024, up by 22.2% month-over-month. Of the 11 sold homes, 45% were sold under asking, 45% were sold at asking, and 9% were sold over asking.
Days on Market for Heritage, TX
How long does it take to sell a home in Heritage, TX?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 23 Days | 66 Days | +187.2% |
Summary: Homes in Heritage had an average of 66 days on market in Nov 2024, up by 187.2% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Heritage are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 11 homes were sold in Heritage; 36% of homes were sold within 30 days, 36% of homes were sold within 30 to 90 days, and 27% 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.