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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing San Antonio East is a buyer's market

Buyer's
Market

Difference Since May 2023

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

Key Takeaway

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

Housing Prices in San Antonio East, TX

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

Median Sold Price

$262,999

$155/sqft

Based on all homes sold in the last 12 months.

Difference Since May 2023

-$2,586(-1.0%)

Key Takeaway

Homes in San Antonio East have sold for 1% less than they did a year ago.

Summary: The median home sold price in San Antonio East was $262,999 in May 2024, down 1% from last year, and the median price per square foot was $155.

Median Sold Price By Bedroom Count

# BEDSMay 2023May 2024CHANGE
1 $131.5K$120.4K
-8.4%
2 $223.9K$179K
-20.1%
3 $257.7K$245K
-4.9%
4 $292K$289.9K
-0.7%
5+ $330K$336.4K
+2.0%

Summary: San Antonio East housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 8.4%, 2 bedroom homes decreased by 20.1%, 3 bedroom homes decreased by 4.9%, 4 bedroom homes decreased by 0.7%, and 5+ bedroom homes increased by 2%.

Median Sold Price Compared To Nearby Cities

San Antonio East
-1.0%
Adkins
-5.9%
Elmendorf
-6.0%

Housing Supply in San Antonio East, TX

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

Number of Homes For Sale

Apr 2024May 2024CHANGE
392457+16.6%

Summary: The San Antonio East real estate market had 457 homes for sale in May 2024, a 16.6% increase compared to April 2024.

Homes For Sale By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 00
0.0%
2 711
+57.1%
3 219249
+13.7%
4 146169
+15.8%
5+ 2028
+40.0%

Summary: The San Antonio East housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 57.1%, 3 bedroom homes increased by 13.7%, 4 bedroom homes increased by 15.8%, and 5+ bedroom homes increased by 40%.

Number of Homes Sold

Apr 2024May 2024CHANGE
5860+3.4%

Asking Price vs. Sold Price

30 Homes Were Sold
Under Asking

24 Homes Were Sold
At Asking

6 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in San Antonio East, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 60 homes were sold or pending in San Antonio East in May 2024, up by 3.4% month-over-month. Of the 60 sold homes, 50% were sold under asking, 40% were sold at asking, and 10% were sold over asking.

Days on Market for San Antonio East, TX

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

Average Sale Time

May 2023May 2024CHANGE
78 Days122 Days+55.4%

Summary: Homes in San Antonio East had an average of 122 days on market in May 2024, up by 55.4% compared to last year.

Breakdown of Home Sale Times

10 Homes Were Sold
Under 30 Days

17 Homes Were Sold
In 30 - 90 Days

33 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Most homes in San Antonio East are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During May 2024, 60 homes were sold in San Antonio East; 17% of homes were sold within 30 days, 28% of homes were sold within 30 to 90 days, and 55% 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 1 Day Ago

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