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The housing market in San Antonio Texas has shifted over the past year, and the change is a healthy one. After several years where sellers held most of the power, the market has moved closer to balance. Prices are still rising, but slowly, and buyers now have more homes to choose from and more room to negotiate. This guide walks through the numbers calmly and explains what they mean for you.
The San Antonio Housing Market Right Now
As of mid-2026, the median home price in San Antonio sits around $295,000, up roughly 4.5% from a year earlier. That is steady, modest growth, not the sharp spikes the city saw a few years ago. The typical single-family home is closer to $282,000, which keeps San Antonio the most affordable of Texas's major metro areas.
Two other numbers matter just as much. Homes are taking about 50 days to sell inside the city, and active listings are up 15% to 18% compared to last year. More supply and a longer selling window both point to conditions that have cooled into something more workable for everyone.
| Metric | Current Figure (Mid-2026) | Year-Over-Year Trend |
|---|---|---|
| Median home price | ~$295,000 | Up ~4.5% |
| Median single-family home | ~$282,000 | Most affordable major TX metro |
| Days on market (city) | ~50 days | Longer than peak years |
| Active listings | Up 15%-18% | Rising supply |
| Market balance | Balanced, leaning buyer | Shifting from seller control |
What the Latest San Antonio Real Estate Trends Are Telling Us
The clearest recent trend is the jump in supply. Earlier this year, San Antonio led every Texas metro with a 39% surge in new listings from February to March. When that many homes come to market at once, buyers gain choices, and sellers can no longer count on multiple offers within days.
The longer selling window tells the same story. A home sitting for about 50 days is not a warning sign. It means buyers have time to compare options, ask for repairs, and negotiate. Sellers who price correctly and present well still attract solid offers, but the days of naming any number and getting it are behind us.
The video below covers where the local market stands and what is driving it.
What this balance means in practice:
- Buyers have real negotiating room for the first time in years. You can take a breath, tour more homes, and ask for concessions without losing the deal.
- Sellers can still do well, but pricing matters more than it used to. A fair asking price and good presentation separate a quick sale from a listing that lingers.
- Investors benefit from a steadier market. When prices are not swinging wildly, it is simpler to find off-market deals and run reliable numbers on them.
Why San Antonio Stays Affordable
One reason people keep moving here is simple: their money goes further. Even with steady price growth, San Antonio remains more affordable than Austin, Dallas-Fort Worth, and parts of Houston. That gap is a big part of why demand stays strong.
| Texas Metro | Relative Affordability |
|---|---|
| San Antonio | Most affordable major metro |
| Houston | Higher in many areas |
| Dallas-Fort Worth | Higher median prices |
| Austin | Notably higher prices |
For an investor, that edge matters. Lower entry prices leave more room in a deal, whether you rent, flip, or wholesale.
The Fundamentals Driving Demand
Prices and inventory tell you where the market is today. The fundamentals tell you why it is likely to stay steady. San Antonio's metro population has climbed above 2.8 million residents, and its growth has recently outpaced Austin, according to U.S. Census figures. More people means ongoing demand.
Just as important is where those people work. The local economy does not lean on a single industry. Healthcare, the military, technology, and tourism all provide large numbers of jobs, so employment holds up even when one sector slows. That steadiness also supports the rental side of the market, giving buy-and-hold investors a dependable pool of tenants.
San Antonio Housing Market Trends and the Forecast Ahead
Looking ahead, most forecasts expect the current pattern to continue rather than reverse. Home prices are projected to rise at a modest pace, roughly 2% to 5% per year over the next several years. That is normal, sustainable growth, not a boom and not a crash.
Mortgage rates are the other piece to watch. They are widely expected to settle into the 5.5% to 6.5% range over the next two to three years, and as they ease, more buyers who have been waiting are likely to step back in. If you want to see how financing costs shape a deal, our guide to buy-and-hold investing with cash versus financing breaks it down clearly.
One detail worth remembering: San Antonio is not one single market. Prices have grown in the north and northwest, while some east and southeast areas have softened. This is why a citywide median only gets you so far. The neighborhood, and often the specific street, is where the real story lives.
What This Means for Investors
A balanced market is a good market for a patient investor. When prices are not spiking, sellers are more open to conversations, and there is less risk of overpaying. You have time to run conservative numbers, confirm your after-repair value, and walk away from a deal that does not work.
San Antonio also has a steady supply of distressed and off-market opportunities. If that is your focus, our guides on buying foreclosure homes in San Antonio and finding Bexar County foreclosure sales are good starting points. Once you know your target, DealMachine's all-in-one platform helps you build lists, pull owner contact data, and reach out efficiently.
The Bottom Line on the San Antonio Housing Market
The San Antonio housing market has settled into a calmer, more balanced rhythm in 2026. Prices are rising slowly, inventory is up, and homes are taking a little longer to sell. Buyers have more choice, sellers need fair pricing, and investors get a market where the math is easier to trust. Strong population growth and a diversified job base suggest this steadiness will hold, so the smart move is the same for everyone: look past the citywide averages and act with clear numbers.
Frequently Asked Questions
Is San Antonio a buyer's or seller's market right now?
In 2026, it is best described as a balanced market that leans slightly toward buyers. Rising inventory and a roughly 50-day selling window give buyers more choices, but well-priced, well-presented homes still attract competitive offers.
Will home prices in San Antonio go up or down in 2026 and 2027?
Most forecasts expect modest growth, roughly 2% to 5% per year. Some north and northwest neighborhoods are growing faster, while a few east and southeast areas have softened, so local trends can differ from the citywide number.
Is San Antonio a good place to invest in real estate?
Many investors think so. It combines the most affordable prices among major Texas metros, steady population growth above 2.8 million residents, and a diversified job base, all of which support ongoing housing demand.
What is the median home price in San Antonio?
As of mid-2026, the median home price is around $295,000, up roughly 4.5% year over year. The typical single-family home is closer to $282,000, keeping the city more affordable than Austin, Dallas-Fort Worth, and much of Houston.
How long do homes take to sell in San Antonio?
Homes inside the city are taking about 50 days to sell as of mid-2026, with the broader metro running longer. That reflects the shift toward balance, giving buyers more room to compare options and negotiate.