🏠 Market Snapshot

As of June 2025, San Antonio’s housing market is experiencing a shift towards a buyer-friendly environment. The median home price stands at approximately $296,885, reflecting a modest 0.3% increase from the previous year. However, some areas have seen price declines, with the Medina Lake area experiencing a notable 26.3% drop.

Inventory levels have risen, with 10,736 homes listed for sale in May 2025, marking an 11.4% increase from the previous month. Homes are spending an average of 74 days on the market, slightly longer than the national average.

📉 Price Trends

The average home value in San Antonio is $257,632, down 3.1% over the past year. This decline is attributed to factors such as increased inventory and higher mortgage rates, which have tempered buyer demand.

Notably, 55.6% of homes sold in May 2025 were below asking price, indicating increased negotiation power for buyers.

🏗️ New Construction & Development

San Antonio ranks eighth nationally for new home construction, with 2,013 building permits issued in the first two months of 2025. This surge in construction is contributing to the increased housing inventory and offering more options for prospective buyers.

💰 Mortgage Rates & Affordability

Mortgage rates are currently hovering between 6.5% and 7%, the highest in about two decades. This rise has impacted affordability, with the average mortgage payment in San Antonio at $2,123, compared to an average rent of $1,456.

Some buyers are opting to rent in the short term, awaiting potential decreases in mortgage rates or home prices.

🔮 Market Outlook

Looking ahead, home prices in San Antonio are projected to increase by 2.5% to 4.5% over the next 12 months, reaching an estimated range of $304,425 to $310,365 by early 2026.

However, the market is expected to remain favorable for buyers in the near term, with continued opportunities for negotiation and a wide selection of homes available.

📌 Key Takeaways

• Median Home Price: $296,885 (0.3% increase YoY)
• Average Home Value: $257,632 (3.1% decrease YoY)
• Inventory: 10,736 homes for sale (11.4% increase MoM)
• Average Days on Market: 74 days
• Mortgage Rates: 6.5% – 7%
• Projected Price Increase: 2.5% – 4.5% by early 2026

📞 Need Assistance?

Navigating the real estate market can be complex. Whether you’re buying, selling, or investing, it’s essential to stay informed and work with experienced professionals. For more detailed information and personalized guidance, consider giving us a call.