Support Local Journalism. Donate to San Antonio Current.

Monday, April 22, 2019

San Antonio's East Side Among Top 10 Fastest-gentrifying Neighborhoods in the U.S.

Posted By on Mon, Apr 22, 2019 at 12:20 PM

click to enlarge REALTOR.COM
While San Antonians usually squeal when we see the Alamo City holding its own on national lists, a finding from a recent report is nothing to be proud of.

The East Side is one of the top 10 fastest-gentrifying neighborhoods in the U.S., according to the real estate website. set out to determine where gentrification is happening aggressively, proven by data collection. The real estate website looked at lower-income zip codes in the 100 largest U.S. cities as well as changes in median household income, change in median home sale price, change in share of residents over 25 with a bachelor's degree or master's degree and change in median home listing price.

San Antonio's 78202 — categorized by as the Eastside Promise Neighborhood — ranked No. 10 among the fastest-gentrifying neighborhoods. According to the study, the area has seen a 78.5 percent increase for the median sale price in the last five years. According to the study, homes in the neighborhood closer to downtown have seen the biggest price increases, and now the median list price is $220,000.

That change has caused generations of the same family to move out of the neighborhood.

"You aren't seeing the people you used to. In this neighborhood, you could go block to block and know every face," said Century 21 real estate agent Lusi Denis. "But now it's very different."

Stay on top of San Antonio news and views. Sign up for our Weekly Headlines Newsletter.

Tags: , , , , , , , ,

We’re keeping you informed…
...and it’s what we love to do. From local politics and culture to national news that hits close to home, San Antonio Current has been keeping San Antonio informed for years.

It’s never been more important to support local news sources. A free press means accountability and a well-informed public, and we want to keep our unique and independent reporting available for many, many years to come.

If quality journalism is important to you, please consider a donation to San Antonio Current. Every reader contribution is valuable and so appreciated, and goes directly to support our coverage of critical issues and neighborhood culture. Thank you.

Read the Digital Print Issue

April 8, 2020


Never miss a beat

Sign Up Now

Subscribe now to get the latest news delivered right to your inbox.


© 2020 San Antonio Current

Website powered by Foundation