Is San Antonio, TX a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing San Antonio is a buyer's market

Buyer's
Market

Difference Since November 2023

At the same time last year, San Antonio was a Seller's Market.

Key Takeaway

San Antonio is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in San Antonio, TX

How much do homes in San Antonio, TX cost?

Median Sold Price

$294,917

$162/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

-$1,493(-0.5%)

Key Takeaway

Homes in San Antonio have sold for 0.5% less than they did a year ago.

Summary: The median home sold price in San Antonio was $294,917 in November 2024, down 0.5% from last year, and the median price per square foot was $162.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $132.6K$133.8K
+0.8%
2 $189.9K$185K
-2.5%
3 $269.5K$262.9K
-2.5%
4 $348.5K$356.1K
+2.2%
5+ $449.5K$449.8K
0.1%

Summary: San Antonio housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 0.8%, 2 bedroom homes decreased by 2.5%, 3 bedroom homes decreased by 2.5%, 4 bedroom homes increased by 2.2%, and 5+ bedroom homes increased by 0.1%.

Median Sold Price Compared To Nearby Cities

Castle Hills
+13.0%
Olmos Park
+11.0%
San Antonio Central
0.2%
San Antonio
-0.5%

Housing Supply in San Antonio, TX

How many homes are available in San Antonio, TX?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
8,9479,058+1.2%

Summary: The San Antonio real estate market had 9,058 homes for sale in November 2024, a 1.2% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 140137
-2.1%
2 817848
+3.8%
3 4,2974,348
+1.2%
4 3,0433,065
+0.7%
5+ 650660
+1.5%

Summary: The San Antonio housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 2.1%, 2 bedroom homes increased by 3.8%, 3 bedroom homes increased by 1.2%, 4 bedroom homes increased by 0.7%, and 5+ bedroom homes increased by 1.5%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
1,4231,031-27.5%

Asking Price vs. Sold Price

617 Homes Were Sold
Under Asking

296 Homes Were Sold
At Asking

118 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in San Antonio, you may be able to get a good deal. 59.8% of homes here sold below asking price last month.

Summary: A total of 1,031 homes were sold or pending in San Antonio in November 2024, down by 27.5% month-over-month. Of the 1,031 sold homes, 60% were sold under asking, 29% were sold at asking, and 11% were sold over asking.

Days on Market for San Antonio, TX

How long does it take to sell a home in San Antonio, TX?

Average Sale Time

Nov 2023Nov 2024CHANGE
66 Days69 Days+5.4%

Summary: Homes in San Antonio had an average of 69 days on market in Nov 2024, up by 5.4% compared to last year.

Breakdown of Home Sale Times

327 Homes Were Sold
Under 30 Days

406 Homes Were Sold
In 30 - 90 Days

298 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in San Antonio has remained consistent over time.

Summary: During November 2024, 1031 homes were sold in San Antonio; 32% of homes were sold within 30 days, 39% of homes were sold within 30 to 90 days, and 29% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 20 Days Ago

Newest Listings in San Antonio, TX

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