Search homes for sale in San Antonio, TX with real estate expert, Missy Stagers.
The San Antonio housing market is moderately competitive. On average, homes in San Antonio receive two offers and are sold within about 60 days. Last month, the median sale price for a home was $263,000, reflecting a 2.4% decrease from the previous year. The median price per square foot stands at $158, down 2.5% from last year.
Median Sale Price
Median Sale Price per Sq. Ft.
Total Homes Sold
Median Days on Market
In September 2024, San Antonio home prices declined by 2.4% year-over-year, with the median sale price settling at $263,000. Homes in San Antonio are now spending an average of 60 days on the market, a noticeable increase from the 43-day average in the previous year, indicating a slower market pace. Additionally, the volume of homes sold dropped, with 896 sales recorded in September 2024 compared to 962 sales in September 2023, suggesting a decrease in buyer activity. This combination of longer listing times and reduced sales volume may signal a shift toward a more buyer-friendly market as demand softens slightly.
The San Antonio market shows moderate competition, with homes typically selling in about 53 days. While some properties receive multiple offers, the average home sells for roughly 3% below the listing price and goes under contract within 53 days. However, "hot" homes—those in high demand—tend to sell closer to the list price and can go under contract much faster, within around 22 days. This variation indicates that while the market is generally stable, well-priced or desirable properties can still attract quick offers and close deals faster than average.
San Antonio continues to attract homebuyers from various parts of the country. Notably, 0.79% of prospective buyers nationwide are considering relocating to San Antonio. Among these, individuals from Los Angeles show the highest interest, followed by those from Dallas and Salt Lake City. This trend underscores San Antonio's growing appeal as a desirable destination for new residents.
For detailed, up-to-date information on buying a house in San Antonio, including legal considerations and market trends, you can talk to us.
San Antonio's real estate market is distinguished by its diverse range of homes, historical significance, and a strong sense of community. It offers a mix of urban and suburban living, appealing to various lifestyle preferences.
The decision to buy a home in San Antonio depends on personal financial situations and market conditions. Given the moderate competitiveness and slight variations in price trends, it could be a favorable time for some buyers seeking to take advantage of less aggressive bidding environments.
As of June 2024, the median home price in San Antonio is around $272K, but it's important to monitor current listings as market conditions can change.
Home prices in San Antonio are currently going down. As of recent data, the median sale price has decreased by 1.8% compared to the previous year.
People are drawn to San Antonio for its affordable cost of living, robust job market, rich cultural heritage, and family-friendly communities.
Our expert team is eager to assist you in navigating the vibrant San Antonio real estate market, whether you're buying your first home or searching for an investment property. With unique insights into the local market trends and neighborhoods, we're here to ensure your journey is seamless and successful. Ready to explore the possibilities? Contact us today for personalized guidance and to start making your property dreams a reality in San Antonio!
Whether you’re contemplating a move, searching for your next dream home, or simply curious about what San Antonio has to offer, our guide is your gateway to discovering the unique character, amenities, and lifestyle of each neighborhood. Dive into detailed insights, local favorites, and hidden gems that only the locals know about. Don't just imagine living in San Antonio—experience it through the eyes of those who know it best.
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