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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing San Antonio South is a buyer's market

Buyer's
Market

Difference Since December 2023

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

Key Takeaway

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

Housing Prices in San Antonio South, TX

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

Median Sold Price

$262,633

$156/sqft

Based on all homes sold in the last 12 months.

Difference Since December 2023

-$4,304(-1.6%)

Key Takeaway

Homes in San Antonio South have sold for 1.6% less than they did a year ago.

Summary: The median home sold price in San Antonio South was $262,633 in December 2024, down 1.6% from last year, and the median price per square foot was $156.

Median Sold Price By Bedroom Count

# BEDSDec 2023Dec 2024CHANGE
1 $239.9K$134.9K
-43.8%
2 $175.1K$198K
+13.0%
3 $253.5K$249.2K
-1.7%
4 $287.9K$296K
+2.8%
5+ $334.9K$337.9K
+0.9%

Summary: San Antonio South housing prices by bedroom type for December 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 43.8%, 2 bedroom homes increased by 13%, 3 bedroom homes decreased by 1.7%, 4 bedroom homes increased by 2.8%, and 5+ bedroom homes increased by 0.9%.

Median Sold Price Compared To Nearby Cities

San Antonio Central
0.1%
San Antonio South
-1.6%
Von Ormy
-3.6%
Somerset
-5.4%

Housing Supply in San Antonio South, TX

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

Number of Homes For Sale

Nov 2024Dec 2024CHANGE
279296+6.1%

Summary: The San Antonio South real estate market had 296 homes for sale in December 2024, a 6.1% increase compared to November 2024.

Homes For Sale By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 12
+100.0%
2 1112
+9.1%
3 144147
+2.1%
4 99110
+11.1%
5+ 2425
+4.2%

Summary: The San Antonio South housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 9.1%, 3 bedroom homes increased by 2.1%, 4 bedroom homes increased by 11.1%, and 5+ bedroom homes increased by 4.2%.

Number of Homes Sold

Nov 2024Dec 2024CHANGE
2936+24.1%

Asking Price vs. Sold Price

15 Homes Were Sold
Under Asking

13 Homes Were Sold
At Asking

8 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in San Antonio South, you may be able to get a good deal. 41.7% of homes here sold below asking price last month.

Summary: A total of 36 homes were sold or pending in San Antonio South in December 2024, up by 24.1% month-over-month. Of the 36 sold homes, 42% were sold under asking, 36% were sold at asking, and 22% were sold over asking.

Days on Market for San Antonio South, TX

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

Average Sale Time

Dec 2023Dec 2024CHANGE
83 Days92 Days+10.6%

Summary: Homes in San Antonio South had an average of 92 days on market in Dec 2024, up by 10.6% compared to last year.

Breakdown of Home Sale Times

8 Homes Were Sold
Under 30 Days

17 Homes Were Sold
In 30 - 90 Days

11 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During December 2024, 36 homes were sold in San Antonio South; 22% of homes were sold within 30 days, 47% of homes were sold within 30 to 90 days, and 31% 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 4 Days Ago

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