One Hot 'Hood
This affordable San Antonio neighborhood has it all, real estate experts say
Prospective homebuyers in search of a neighborhood that "has it all" should look no further than San Antonio's Lafayette Place. That's according to Redfin's 2018 list of the 25 neighborhoods in the U.S. that have everything a buyer wants: affordable homes, lots of inventory, good schools, an easy commute, and low crime.
To determine the rankings, the real estate website's analysts looked at ZIP codes with a median home sale price below $291,700 (the national median) and selected those with homes on the market for at least 46 days. Redfin required a GreatSchools rating of 5 or higher and a transit score of 50 or more, and the ranking "favored places with lower reported violent crime."
Lafayette Place ranks No. 19 on the list. The 78229 ZIP code has a median sales price of $142,500. As of December 2017, there were 59 homes for sale, and houses in the area spend a median 52 days on the market.
The neighborhood, located on the northwest side of San Antonio, also boasts a school ranking of 5.5, transit score of 51.2, and crime rate of 75.
Lafayette Place isn't the only Texas neighborhood that "has it all," according to the study. Also on the list are Houston's Independence Heights (No. 13), Dallas' Cadillac Heights (No. 21), and Fort Worth's 76102 ZIP code (No. 23) — all that's missing is a hip Austin 'hood.
While Texas fares well, Illinois shines with 14 neighborhoods on the list, 11 in the Chicago area alone.