$1,841 Closing Credit*
$155,000
1,360 SqFt
3 Beds
•3 Full Baths
Frank Rodriguez, Listing Office: 1st Choice Realty Group
Is Kingsborough Ridge, 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, Kingsborough Ridge was a Neutral Market.
Key Takeaway
Kingsborough Ridge is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Kingsborough Ridge, TX
How much do homes in Kingsborough Ridge, TX cost?
Median Sold Price
$241,091
$155/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$1,146(+0.5%)
Key Takeaway
The sold price of homes in Kingsborough Ridge has remained the same since last year.
Summary: The median home sold price in Kingsborough Ridge was $241,091 in October 2024, up 0.5% from last year, and the median price per square foot was $155.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $139.9K | $137.3K | -1.8% |
| 3 Bedrooms | $232.4K | $245K | +5.4% |
| 4 Bedrooms | $253K | $230.7K | -8.8% |
| 5+ Bedrooms | - | $399.1K | N/A |
Summary: Kingsborough Ridge 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 decreased by 1.8%, 3 bedroom homes increased by 5.4%, 4 bedroom homes decreased by 8.8%, and 5+ bedroom homes did not change.
Housing Supply in Kingsborough Ridge, TX
How many homes are available in Kingsborough Ridge, TX?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 32 | 28 | -12.5% |
Summary: The Kingsborough Ridge real estate market had 28 homes for sale in October 2024, a 12.5% 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 | 2 | 2 | 0.0% |
| 3 Bedrooms | 17 | 14 | -17.6% |
| 4 Bedrooms | 13 | 12 | -7.7% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Kingsborough Ridge 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 decreased by 7.7%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 6 | 9 | +50.0% |
Asking Price vs. Sold Price
7 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 Kingsborough Ridge, you may be able to get a good deal. 77.8% of homes here sold below asking price last month.
Summary: A total of 9 homes were sold or pending in Kingsborough Ridge in October 2024, up by 50.0% month-over-month. Of the 9 sold homes, 78% were sold under asking, 22% were sold at asking, and 0% were sold over asking.
Days on Market for Kingsborough Ridge, TX
How long does it take to sell a home in Kingsborough Ridge, TX?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 89 Days | 80 Days | -10.5% |
Summary: Homes in Kingsborough Ridge had an average of 80 days on market in Oct 2024, down by 10.5% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Kingsborough Ridge has remained consistent over time.
Summary: During October 2024, 9 homes were sold in Kingsborough Ridge; 22% of homes were sold within 30 days, 44% of homes were sold within 30 to 90 days, and 33% 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.