$4,274 Closing Credit*
$359,900
2,823 SqFt
3 Beds
•2 Full Baths, 1 Partial
Tarek Boulbol, Listing Office: Texas Premier Realty
Is Silver Oaks, TX a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
At the same time last year, Silver Oaks was a Seller's Market.
Key Takeaway
Silver Oaks 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 Silver Oaks, TX
How much do homes in Silver Oaks, TX cost?
Median Sold Price
$259,495
$136/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
-$24,980(-8.8%)
Key Takeaway
Homes in Silver Oaks have sold for 8.8% less than they did a year ago.
Summary: The median home sold price in Silver Oaks was $259,495 in November 2024, down 8.8% from last year, and the median price per square foot was $136.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | - | N/A |
| 3 Bedrooms | $265K | $249.9K | -5.7% |
| 4 Bedrooms | $294.5K | $295K | 0.2% |
| 5+ Bedrooms | $324K | $325.9K | +0.6% |
Summary: Silver Oaks housing prices by bedroom type for November 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 decreased by 5.7%, 4 bedroom homes increased by 0.2%, and 5+ bedroom homes increased by 0.6%.
Housing Supply in Silver Oaks, TX
How many homes are available in Silver Oaks, TX?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 26 | 31 | +19.2% |
Summary: The Silver Oaks real estate market had 31 homes for sale in November 2024, a 19.2% increase compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 0 | 0 | 0.0% |
| 3 Bedrooms | 20 | 20 | 0.0% |
| 4 Bedrooms | 6 | 11 | +83.3% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Silver Oaks housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes remained the same, 4 bedroom homes increased by 83.3%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 2 | 5 | +150.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
4 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Silver Oaks, expect to pay close to the asking price. 80% of homes here sold near the asking price last month.
Summary: A total of 5 homes were sold or pending in Silver Oaks in November 2024, up by 150.0% month-over-month. Of the 5 sold homes, 20% were sold under asking, 80% were sold at asking, and 0% were sold over asking.
Days on Market for Silver Oaks, TX
How long does it take to sell a home in Silver Oaks, TX?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 48 Days | 36 Days | -24.3% |
Summary: Homes in Silver Oaks had an average of 36 days on market in Nov 2024, down by 24.3% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Silver Oaks are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 5 homes were sold in Silver Oaks; 60% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 20% 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.