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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing San Antonio Northwest is a neutral's market

Buyer's
Market

Difference Since October 2023

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

Key Takeaway

San Antonio Northwest is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in San Antonio Northwest, TX

How much do homes in San Antonio Northwest, TX cost?

Median Sold Price

$315,000

$167/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

-$9,983(-3.1%)

Key Takeaway

Homes in San Antonio Northwest have sold for 3.1% less than they did a year ago.

Summary: The median home sold price in San Antonio Northwest was $315,000 in October 2024, down 3.1% from last year, and the median price per square foot was $167.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $125K$120K
-4.0%
2 $200K$200K
0.0%
3 $289K$279.4K
-3.3%
4 $383.1K$376.6K
-1.7%
5+ $496.3K$479.9K
-3.3%

Summary: San Antonio Northwest housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 4%, 2 bedroom homes did not change, 3 bedroom homes decreased by 3.3%, 4 bedroom homes decreased by 1.7%, and 5+ bedroom homes decreased by 3.3%.

Median Sold Price Compared To Nearby Cities

Helotes
+4.7%
San Antonio
-0.8%
Leon Valley
-2.2%
San Antonio Northwest
-3.1%

Housing Supply in San Antonio Northwest, TX

How many homes are available in San Antonio Northwest, TX?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
1,6011,720+7.4%

Summary: The San Antonio Northwest real estate market had 1,720 homes for sale in October 2024, a 7.4% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 1111
0.0%
2 6478
+21.9%
3 717779
+8.6%
4 653697
+6.7%
5+ 156155
-0.6%

Summary: The San Antonio Northwest 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 21.9%, 3 bedroom homes increased by 8.6%, 4 bedroom homes increased by 6.7%, and 5+ bedroom homes decreased by 0.6%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
252251-0.4%

Asking Price vs. Sold Price

139 Homes Were Sold
Under Asking

91 Homes Were Sold
At Asking

21 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in San Antonio Northwest, you may be able to get a good deal. 55.4% of homes here sold below asking price last month.

Summary: A total of 251 homes were sold or pending in San Antonio Northwest in October 2024, down by 0.4% month-over-month. Of the 251 sold homes, 55% were sold under asking, 36% were sold at asking, and 8% were sold over asking.

Days on Market for San Antonio Northwest, TX

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

Average Sale Time

Oct 2023Oct 2024CHANGE
60 Days64 Days+7.7%

Summary: Homes in San Antonio Northwest had an average of 64 days on market in Oct 2024, up by 7.7% compared to last year.

Breakdown of Home Sale Times

84 Homes Were Sold
Under 30 Days

106 Homes Were Sold
In 30 - 90 Days

61 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During October 2024, 251 homes were sold in San Antonio Northwest; 33% of homes were sold within 30 days, 42% of homes were sold within 30 to 90 days, and 24% 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 Northwest, TX

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