October's First-Time Homebuyer Report for Downtown

Downtown is the fastest growing neighborhood in San Antonio, at a 10-year growth rate of 7.3%. It currently ranks 68th in terms of population with 3,505 residents. Downtown is made up of homes that are considered older than most with a median of 58 years. The best schools in the neighborhood are Huebner Elementary School, Bush Middle School, and International School of America.

Price Range

The housing prices of Downtown are close to the city average with a median home value of $147,179 and a current average list price of $564,616.

Wonder which homes are generating the most buzz? Here are the most viewed listings in Downtown:

$2.1M   $589K   $649K  

Typical Dwelling

The typical dwelling in Downtown is a two-bedroom condo worth about $657,661. To purchase a similar home, a buyer with good credit and a $131,532 cash down payment could obtain a mortgage with a 3.95% interest rate and a $2,971 monthly payment. The property tax rate is $19.31 per $1,000 of taxable assessed value.

Get started right now by checking out Downtown homes for sale or reviewing Downtown real estate trends.


Data reported through 10/13/2016

Comments:

Ask a local expert about this area:
Becker Properties
11 reviews
RE/MAX Associates
Snapped 1 home in this area
Coldwell Banker Residential Brokerage
Snapped 1 home in this area

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