San Antonio Home Sales Jump 16% in November 2024: What the Numbers Mean for You

The San Antonio Board of Realtors reported 2,825 home sales in November 2024, a meaningful jump from the 2,433 sales recorded in November 2023. Paired with a median sale price of $299,990 and an average of $357,153, the data tells a story that matters whether you are planning to buy, sell, rent or simply stay put in the home you already own.

That 16% year-over-year increase in sales volume is not a small blip. It suggests that buyers who had been sitting on the sidelines made decisions in November, and that sellers who priced their homes thoughtfully found willing purchasers. The gap between the median and the average — nearly $57,000 — signals that higher-priced homes in areas like The Dominion corridor, Stone Oak, and parts of New Braunfels and Boerne are pulling the average upward, while the bulk of transactions are happening in a more accessible price range closer to $300,000.

For buyers, that median of $299,990 is genuinely relevant. It means a large portion of what sold in November landed at or below $300,000, which keeps options open in communities like Converse, Live Oak, Schertz, Floresville, and parts of the South Side and Southeast Side within San Antonio proper. Neighborhoods feeding into Northside ISD, Judson ISD, and East Central ISD have historically included inventory in this range, and that remains worth exploring. The rise in active listings — up 14% to 14,235 — is the other piece of good news for buyers. More homes on the market means less pressure to make snap decisions, more room to negotiate, and a better chance of finding a home that actually fits your life rather than simply the one that was available.

If you have been renting and wondering whether buying makes sense, the current inventory picture is the most buyer-friendly it has been in several years. More listings spread across a wide geographic area — from Helotes and Leon Valley on the northwest side to Selma and Cibolo on the northeast — gives you geographic flexibility that simply did not exist when inventory was at its tightest.

For sellers, the news is balanced rather than discouraging. Sales volume rising 16% means demand is real and active. Buyers are out there. But they now have 14,235 active listings to consider, which is a significant increase from where inventory stood a year ago. That means a home that is overpriced, poorly presented, or in a condition that raises inspection concerns will sit while better-positioned homes sell. Sellers in highly desirable pockets — think 78230 and 78258 ZIP codes, communities near UTSA and the Medical Center, or areas within highly rated school districts like Alamo Heights ISD and Comal ISD — still hold leverage. Sellers in more competitive segments of the market need to focus on pricing accurately from day one and making sure the home shows well.

The average sale price of $357,153 is also a reminder that the San Antonio market covers an enormous range. A townhome in Terrell Hills and a four-bedroom house in Lackland City do not live in the same conversation, even if they appear on the same market report. Understanding where your specific home or target neighborhood fits within the broader data is the difference between a good decision and an expensive mistake.

For current homeowners who are not planning to move anytime soon, these figures offer reassurance. A market that moved 2,825 homes in a single November — historically a quieter month — is a market with a healthy foundation. Property values across the metro, from Bandera Road corridor communities to the booming areas along Highway 35 South toward Laredo, have held up through an interest rate environment that has tested markets across the country.

Renters watching this market should pay attention to the inventory growth. When more homes are available for sale, some of that supply pressure eases in the rental market as well. Landlords and property managers in ZIP codes like 78201, 78207, and 78223 have dealt with rising rents for several years. More purchase options in the market can gradually shift the equation, though rental prices respond slowly to ownership market changes.

The bottom line is straightforward. November 2024 showed a San Antonio real estate market that is moving, not stagnant. Sales are up, inventory is up, and prices are holding at a median that remains achievable for many households in the region. The dynamics favor informed participants — buyers who understand the inventory, sellers who price with precision, and anyone willing to make decisions based on clear data rather than headlines or guesswork.

If you have questions about what these numbers mean specifically for your neighborhood, your price range, or your timeline, that conversation is always worth having with someone who knows this market well.