Is Stone Oak, TX a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
At the same time last year, Stone Oak was a Seller's Market.
Key Takeaway
Stone Oak 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 Stone Oak, TX
How much do homes in Stone Oak, TX cost?
Median Sold Price
$454,666
$177/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
Homes in Stone Oak have sold for 1.1% less than they did a year ago.
Summary: The median home sold price in Stone Oak was $454,666 in May 2024, down 1.1% from last year, and the median price per square foot was $177.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $365K | $313K | -14.2% |
| 3 Bedrooms | $399.9K | $396.5K | -0.9% |
| 4 Bedrooms | $460K | $470K | +2.2% |
| 5+ Bedrooms | $550K | $575K | +4.5% |
Summary: Stone Oak housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 14.2%, 3 bedroom homes decreased by 0.9%, 4 bedroom homes increased by 2.2%, and 5+ bedroom homes increased by 4.5%.
Housing Supply in Stone Oak, TX
How many homes are available in Stone Oak, TX?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 169 | 174 | +3.0% |
Summary: The Stone Oak real estate market had 174 homes for sale in May 2024, a 3.0% increase compared to April 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 1 | 1 | 0.0% |
| 3 Bedrooms | 53 | 54 | +1.9% |
| 4 Bedrooms | 88 | 89 | +1.1% |
| 5+ Bedrooms | 27 | 30 | +11.1% |
Summary: The Stone Oak 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 remained the same, 3 bedroom homes increased by 1.9%, 4 bedroom homes increased by 1.1%, and 5+ bedroom homes increased by 11.1%.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 41 | 26 | -36.6% |
Asking Price vs. Sold Price
13 Homes Were Sold
Under Asking
6 Homes Were Sold
At Asking
7 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Stone Oak, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 26 homes were sold or pending in Stone Oak in May 2024, down by 36.6% month-over-month. Of the 26 sold homes, 50% were sold under asking, 23% were sold at asking, and 27% were sold over asking.
Days on Market for Stone Oak, TX
How long does it take to sell a home in Stone Oak, TX?
Average Sale Time
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 47 Days | 68 Days | +44.1% |
Summary: Homes in Stone Oak had an average of 68 days on market in May 2024, up by 44.1% compared to last year.
Breakdown of Home Sale Times
12 Homes Were Sold
Under 30 Days
10 Homes Were Sold
In 30 - 90 Days
4 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Stone Oak are selling fast, if you're buying plan to act quickly.
Summary: During May 2024, 26 homes were sold in Stone Oak; 46% of homes were sold within 30 days, 38% of homes were sold within 30 to 90 days, and 15% 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.