San Antonio's best neighborhoods for affordable homes revealed in new study
While San Antonio boasts many neighborhoods with affordable properties, a new study from Redfin shows that the city lacks neighborhoods with a balanced mix of home prices.
Redfin looked at the economic integration of 20 cities by comparing home prices to the purchasing power of a local, median-income family. According to the report, most Americans live in an economically segregated neighborhood that lacks balance between affordable and high-end homes.
San Antonio ranks 15th out of the 20 cities for economic integration. Only 8 percent of San Antonio neighborhoods offer a balanced mix of home prices, the worst of the Texas cities on the list.
Boston, Seattle, and Washington are the most integrated. Fifty-one percent of Boston has a balanced mix of home prices. In comparison, only 4 percent of Columbus, Ohio, the least economically integrated city on the list, offers a balanced mix of prices.
The San Antonio neighborhoods with the best mixture of high-end and affordable homes are Big Springs, Emerald Forest, The Vineyard, Deerfield, and Alamo Plaza.
Redfin says 88 percent of San Antonio offers homes that middle-income families can afford. The most affordable neighborhoods are Pecan Valley, Ingram Hills, Timber Ridge, Northwest Crossing, and Eckhert Crossing. The neighborhoods with the most high-end properties? Friedrich Park, Dominion, Greystone Country Estates, and Inwood.