Thursday, January 24, 2019

Beacon Hill Named One of the 'Hottest Affordable Neighborhoods' in the U.S.

Posted By on Thu, Jan 24, 2019 at 12:00 PM

  • Redfin / San Antonio Board of Realtors
San Antonio's Beacon Hill neighborhood has been named one of the hottest and most affordable places to live in the U.S.

Real estate website Redfin recently released a list of the "10 Hottest Affordable Neighborhoods of 2019," which includes neighborhoods that have shown considerable popularity based on year-over-year growth. To determine affordability, Redfin took the "average home buyer" into consideration and capped median prices at $294,000.

Keep in mind that despite a climbing market, the Alamo City is still one of the most affordable big cities in the country. As such, the median sale price in Beacon Hill is $213,264, according to the report.

A Redfin agent familiar with Beacon Hill described the neighborhood as having San Antonio's traditional charm but with a modern edge.

“Beacon Hill combines old San Antonio charm with 21st century urban living,” agent Perry Sanders said. “The architecture includes a mix of single-family homes, condominiums and townhouses. Combine that with Beacon Hill’s plentiful shops and eateries, and you quickly understand why the neighborhood has gained popularity in recent years — a trend that’s likely to continue.”

Beacon Hill was the only Texas neighborhood ranked in the top 10. Baltimore and Philadelphia each had three neighborhoods make the cut.

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