Our Mission and Core Values City of San Antonio

Table of Content

• San Antonio Housing Market: Prices | Trends | Forecasts 2022
• Real Estate Market Insights for 9615 Rousseau
• City Government & Departments
• Median home prices here have already declined for five consecutive months, according to the San Antonio Board of Realtors.
• San Antonio Home Searches
• Zip Code Housing Markets
• San Antonio Home Prices, Values & Forecast

Lackland Air Force Base, Randolph Air Force Base, Camp Bullis, and Camp Stanley are located in the immediate vicinity. This means that there is a large population that will almost always rent because they don’t know where they’ll be sent on their next assignment. There is a lot of construction activity going on especially in the entry-level single-family homes to satisfy the principles of supply and demand.

You'd find a lot of newer homes and homes with large lots in this neighborhood. Another popular neighborhood with a low crime rate is Timberwood Park where the median home price is around $535.7K. Prospect Hill is the most affordable neighborhood, with a median listing price of $147.8K.

San Antonio Housing Market: Prices | Trends | Forecasts 2022

Zillow’s home value index data represents an estimate of the typical home value in a given geography, such as a state or ZIP code. The data on this page is meant to compare regions and illustrate trends over time — it is not necessarily an indication of any individual home’s value. Institutional buyers purchased 46 percent of homes sold in Bexar County last year, according to a National Association of Realtors report.

There is an extreme shortage of inventory which will accelerate real estate appreciation this year. In April, Bexar County reported that the average home price in the region rose 16.4% to $364,275, while the median price rose 18.5% to $300,000. With Austin, Texas, becoming a more diverse city every year, there are plenty of opportunities to take advantage of – from buying new homes to different investment options in the Austin housing market. Austin is a leader across the country with jobs and when you combine that with home prices not as drastically increasing, you’ll get a real estate market that many others envy.

Real Estate Market Insights for 9615 Rousseau

It is a computer-generated estimate of the value of a home today, given the available data. Environmental risk data is provided by Risk Factor™, a product of First Street Foundation®. The Risk Factor models are designed to approximate risk and not intended to include all possible scenarios. Mary Claire Patton has been a journalist with KSAT 12 since 2015.

The inventory of available homes continues to grow from previous months. It is presently approximately 1.2 months' worth of supply of homes, representing a strong seller's real estate market. According to local realtors, the new housing stock is growing faster than demand, though it has a long way to go to catch up.

City Government & Departments

Demand would raise the price of your San Antonioinvestment property and you should be able to flip it for a lump sum profit. The neighborhoods in San Antonio must be safe to live in and should have a low crime rate. The neighborhoods should be close to basic amenities, public services, schools, and shopping malls. San Antonio has a dearth of affordable housing because demand is so much greater than the supply.

San Antonio has been hit with a double whammy concerning its efforts to meet housing demand. San Antonio has lagged behind other Texas cities in the recovery of its home building industry; housing starts grew by 63% in San Antonio since 2011 while rising by 181% in Austin. This means the fast growth of neighboring cities like Austin is sucking in the talented craftspeople that would be needed to build more homes in San Antonio. What are the San Antonio real estate market predictions for 2022 & 2023? Let us look at the price trends recorded by Zillow over the past few years. The San Antonio-New Braunfels Housing Market Area encompasses eight counties in south-central Texas.

Median home prices here have already declined for five consecutive months, according to the San Antonio Board of Realtors.

Typical home values within the San Antonio city limits are about $36,000 below the metro area average, though the year-over-year change in home values for the city and the metro area are about the same. Home prices and rents continue to rise in San Antonio, but it’s one of the more affordable cities to buy a home compared to other large cities in Texas and nationwide. Can sell for about 1% above list price and go pending in around 12 days. Can sell for around list price and go pending in around 12 days. Can sell for about 1% above list price and go pending in around 14 days.

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Infrastructure like sewers and new roads are being built on the southern nearly-rural side of San Antonio, especially long-neglected areas barely inside Loop 410. The southern riverfront, too, is attracting interest as resorts and hotels pop up along the stretch of river known as Mission Reach. As a result of the national recession, which lasted from December 2007 until June 2009, payrolls in the HMA declined in 2009 by 15,900 jobs or 1.8 percent.

Canyon Lake saw the largest year-over-year growth in home values. Just last year, the typical home value in Canyon Lake was $327,000. As of May 2022, a typical home in that area is nearly $449,000, an increase of more than $120,000.