San Antonio Housing Market Update: What Buyers Need to Know

San Antonio Housing Market Update: What Buyers Need to Know

If you're exploring San Antonio real estate this summer, this market update covers everything from recent trends to what lies ahead. Whether you're a first-time homebuyer, relocating, or an investor, here's what the San Antonio housing market looks like—and how to make the smartest move forward.

1. The Last 6 Months: Inventory, Pricing, and Interest Rates

In July 2025, the median home price in San Antonio sat at $275,000, up 2.6–2.7% year-over-year.

Zillow’s estimate shows a slightly lower average home value of $254,107, down 3.8% over the past year.

Some sources report an even higher median price of $330,000, marking a 4% increase YoY, though sales volume is down 10%—a sign of fewer transactions despite rising values.

Inventory & Market Pace

Listings have increased. As of mid-2025, active inventory is 28% above pre-pandemic levels, offering buyers more options and negotiation room.

Homes are taking longer to sell—average days on market range from 52 to 87 days, compared to faster turnarounds in earlier years.

April 2025 data shows over 10,000 homes listed locally, reflective of a buyer’s market.

Interest Rates & Affordability

Mortgage rates in San Antonio are hovering around 6.5% to 7%, the highest levels seen in nearly two decades. Even small dips—say, to 6.3%—can translate to $50–$100/month in savings.

2. Opportunities for Buyers Right Now

The influx of listings gives buyers a wider selection and stronger negotiating power.

With prices stabilizing or dipping slightly in some areas (Zillow forecasts up to a 4% drop over the next year), now may be one of the best entry points in recent memory.

Slower pace means you can compare more homes and avoid rushed decisions—especially helpful for San Antonio relocation buyers.

First-time homebuyers and budget-minded buyers benefit from affordability vs. pricier Texas metros like Austin or Dallas.

3. What Sellers Should Know About Pricing in Today’s Market

San Antonio's shift toward a buyer’s market means competitive pricing and strong staging are essential.

Homes taking longer to sell require accurate comparative pricing grounded in recent local sales. Overpricing can backfire.

In some neighborhoods, prices are starting to soften, making realistic pricing strategies more critical than ever.

4. Forecast: The Next Quarter

Zillow projects a moderate 4% price drop in San Antonio over the next 12 months, driven by rising inventory and continued affordability concerns.

Other forecasts predict modest price increases of around 3–4% in 2025 and 2026, assuming mortgage rates stabilize near 6.4%.

Continued buyer-friendly conditions, especially if rates remain elevated, could extend well into the latter half of 2025—making early fall or winter a strong opportunity window.

5. The Bottom Line: What This Means for You
Role    Key Takeaways
Buyers    More homes, less urgency—great negotiation leverage and a wide selection to find your ideal San Antonio home.
Sellers    Price smart and stage well to attract buyers who can now choose from more options.
Investors    Slowing prices and strong inventory signal a potentially lucrative time for buy-to-rent strategies.