Is Shavano Park, TX a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Shavano Park is a neutral's market

Buyer's
Market

Difference Since October 2023

Since last year, Shavano Park has remained a Neutral Market.

Key Takeaway

Shavano Park 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 Shavano Park, TX

How much do homes in Shavano Park, TX cost?

Median Sold Price

$850,000

$303/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$60,000(+7.6%)

Key Takeaway

Homes in Shavano Park have sold for 7.6% more than they did a year ago.

Summary: The median home sold price in Shavano Park was $850,000 in October 2024, up 7.6% from last year, and the median price per square foot was $303.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 --
N/A
2 $595K-
N/A
3 $700K$774.9K
+10.7%
4 $890K$842K
-5.4%
5+ $1.5M$1.5M
-5.0%

Summary: Shavano Park 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 did not change, 3 bedroom homes increased by 10.7%, 4 bedroom homes decreased by 5.4%, and 5+ bedroom homes decreased by 5%.

Median Sold Price Compared To Nearby Cities

Shavano Park
+7.6%
San Antonio North
+1.2%
San Antonio
-0.8%

Housing Supply in Shavano Park, TX

How many homes are available in Shavano Park, TX?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
2426+8.3%

Summary: The Shavano Park real estate market had 26 homes for sale in October 2024, a 8.3% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 11
0.0%
3 1012
+20.0%
4 66
0.0%
5+ 77
0.0%

Summary: The Shavano Park 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 increased by 20%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
14+300.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

2 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Shavano Park, expect to pay close to the asking price. 50% of homes here sold near the asking price last month.

Summary: A total of 4 homes were sold or pending in Shavano Park in October 2024, up by 300.0% month-over-month. Of the 4 sold homes, 25% were sold under asking, 50% were sold at asking, and 25% were sold over asking.

Days on Market for Shavano Park, TX

How long does it take to sell a home in Shavano Park, TX?

Average Sale Time

Oct 2023Oct 2024CHANGE
75 Days78 Days+4.0%

Summary: Homes in Shavano Park had an average of 78 days on market in Oct 2024, up by 4% compared to last year.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Shavano Park has remained consistent over time.

Summary: During October 2024, 4 homes were sold in Shavano Park; 25% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 25% 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 16 Days Ago

Newest Listings in Shavano Park, TX

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