Home to one of the hottest zip codes in the country

San Antonio is home to one of the hottest zip codes in the country. San Antonio has a robust housing market, this I am sure you probably know. What you may not have know though is that 78247 was ranked by realtor.com as one of the top 10 hottest zip codes in the country. 

Why is it a hot zip code hot? 

Location has a lot to do with it I believe. People don't want to have to travel far when they want to go somewhere and this location is perfect for that. It is located very close to loop 1604 and uniquely gives you the preference of new and pre-existing homes. This is a feature that you don't often see making it appeal to a larger crowd. 

The zip code as a whole is up and coming with many changes in the works. Shopping centers have popped up all around the area with everything from Starbucks to huge gyms. Housing prices in the area have remained affordable for the time being, however that is likely to change in the near future. If you have plans to move into this area now would be the time to do so, they are still building shopping and retail centers. Once the building is complete than the demand is likely to dramatically increase. It will be somewhat of its own little urban sprawl having everything you need within a couple square miles. 

Pricing and home data

The median sold home price for Sept was 167k bringing it in well below the average for the city as a whole. San Antonio as a whole had a median sold price of 181K making 78247 significantly less expensive for the time being. The median sold price in 78247 increased by roughly $10,000 or 6% from this same time in 2014. 

Homes do not sit on the market long with the average days on the market being 43. This is also well below the average for San Antonio which has an average days on market of 72. Homes in 78247 sell almost twice as quickly compared to the city as a whole. 

What else you need to know

Based off of price range and development 78247 is likely going to appeal to the younger crowd and first time home buyers. With the option of new construction for under 200k and existing homes in well established neighborhoods the price is right. Location is hard to beat with the ease of access to the highway there you can be to most parts of the city in 20min without traffic. This has the potential to save you major tine off your commute every day. 

As always I am happy to answer any questions you may have or to show you any properties that you may wish to see.