San Antonio 78258
The Stone Oak area (78258) has had more trouble than most over the last year. Overbuilding combined with the nightmare that is 281, has allowed this once heralded area of San Antonio to become a little less desirable. Don't get me wrong, plenty of people still love the area, but it isn't talked about in the same revered tones it once was. Median home prices are down over $30,000 since January 2008 and although there is a current trend upwards, this area has quite a way to climb to reach its previous peaks. Inventory may look low on the chart below, but note it is sitting at 570.23 right now - much higher than most zip codes. As plans to cure the problems of 281 start to come together, look for this neighborhood to come back into favor with San Antonio residents. It's a gorgeous area with a wide range of different style and priced homes, so it should remain popular as long as they can control overcrowding and traffic. If you're looking to buy in Stone Oak, now might be a good time to start considering it as prices, despite their recent gains, are still much lower than they were almost two years ago.
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