San Antonio, TX Housing Market
AI-powered market intelligence for the San Antonio-New Braunfels, TX metro area.
PropertyIQ Scores
San Antonio, TX Market Analysis
Market Overview
San Antonio’s PropertyIQ Score of 9 out of 100 places the market in weak territory relative to a 100-point scale. The top score drivers include 12-month home value momentum of 0.54%, 3-month home value momentum of -0.92%, median days on market of 65 days, and a 25.9% share of listings with a price cut. The negative 3-month momentum means recent price movement has turned down even though the 12-month view is barely positive, while the days-on-market and price cut figures point to a market where sellers are adjusting expectations.
Compared with state benchmarks, San Antonio’s median home value of $279,434 is $22,372 below the Texas state average of $301,806. The rent index of $1,425 is $86 above the state average of $1,339. Unemployment at 4.8% is 0.4 percentage points above the state average of 4.4%, and median household income of $74,297 is $1,995 below the state average of $76,292. The year-over-year home value change of -$4 reinforces a flat-to-slightly-lower pricing environment. These benchmarks show a relatively affordable but economically softer housing market.
Key Trends
First, home value momentum is weakening. The 12-month momentum is only 0.54%, and the 3-month momentum is negative at -0.92%. Combined with a year-over-year home value change of -$4, the data shows prices are essentially flat and have begun to tilt downward in the most recent quarter.
Second, inventory and time on market point to cooling conditions. San Antonio has 14,217 homes for sale, a median of 65 days on market, and 25.9% of listings with a price cut. These metrics indicate buyers have more choices and sellers are using price reductions to attract offers.
Third, rents are relatively strong compared with the state. San Antonio’s rent index of $1,425 is $86 above the state average of $1,339, which may reflect steady rental demand even as home price momentum is soft. This gap could support investors focused on rental income, though it does not offset weak price growth on its own.
Fourth, affordability and economic conditions are mixed. The median home value of $279,434 is below the state average of $301,806, which improves purchase affordability relative to Texas as a whole. However, median household income of $74,297 is below the state average of $76,292, and unemployment of 4.8% is above the state average of 4.4%, which may limit buying power and demand.
Who Is This Market For
San Antonio’s profile is likely best suited to first-time buyers and budget-conscious owner-occupants. The median home value of $279,434 is $22,372 below the Texas state average of $301,806, which may make entry more attainable for households with incomes near the local median of $74,297. However, those buyers should be prepared for a market with limited near-term appreciation and a meaningful share of price cuts.
Buy-and-hold investors may also find some appeal because the rent index of $1,425 is above the state average of $1,339. That rental premium can support cash flow, but the PropertyIQ Score of 9 out of 100 and weak price momentum suggest investors should not rely on short-term appreciation. Move-up buyers may face more friction: 65 days on market and a high share of price cuts can make selling an existing home slower and less predictable.
Outlook
The near-term outlook for San Antonio is cautious. The PropertyIQ Score of 9 out of 100 is very low, and the 3-month home value momentum of -0.92% is negative, suggesting recent price performance is turning down. With 14,217 homes for sale, median days on market of 65, and 25.9% of listings with a price cut, the market is likely to remain buyer-friendly in the near term. The rent index of $1,425 above the state average may provide some support for rental demand, but it does not change the weak home price momentum. Population growth is not available in the data, which limits the ability to assess longer-term demand. Based on the numbers provided, San Antonio appears to be in a soft or cooling phase rather than a strong appreciation market.
AI-generated analysis based on current market data. Last updated August 17, 2026.
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San Antonio, TX market data
San Antonio, TX Housing Market Overview
San Antonio, TX's median home value is $279K, up 0.5% over the past year. Homes here sell in a median 65 days. Its PropertyIQ Score of 9 sits below the state average of 50, marking a market positioned to lag its state over the next three years.
Understanding the San Antonio, TX housing market requires looking beyond headline price figures. The PropertyIQ Score reads both sides of market strength: Zillow price momentum across 3- and 12-month windows, and Realtor.com flow signals — days on market and the share of listings with price cuts. Together they predict how this TX metro is set to perform relative to the rest of its state.
South Central housing markets are propelled by energy sector economics, corporate relocations, and rapid population growth. Texas metros in particular have seen explosive expansion, though affordability pressures are emerging in the fastest-growing areas. Within the South Central, San Antonio, TX's PropertyIQ Score of 9 runs below the South Central norm.
Texas continues to be one of America's top relocation destinations, with no state income tax and a business-friendly regulatory environment driving corporate headquarters relocations and population growth.
For the San Antonio, TX market, PropertyIQ calculates a single score each month from four inputs: twelve-month Zillow home-value momentum, three-month Zillow home-value momentum, median days on market from Realtor.com, and the Realtor.com price-reduced share. The score is computed nationally across all metros and calibrated so 50 equals the state average. Across the validation history, metro markets in the top score band have outperformed their state by roughly 1.7 percentage points more per year than bottom-band markets. Momentum here has been positive, with home values up 0.5% over the past year.
View San Antonio, TX's complete market profile including historical price trends, score history, and AI-generated analysis. Compare this market against any other US metro to find the best opportunities for your investment strategy.
Counties in the San Antonio, TX metro area
ZIP codes in the San Antonio, TX metro area
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Market data through July 2026. Sourced from Zillow, Realtor.com, Redfin, U.S. Census Bureau, FRED, BLS, and BEA. Per-statistic source and date shown above.
Frequently Asked Questions
Is San Antonio, TX a good place to buy real estate in 2026?
PropertyIQ doesn't label markets simply good or bad. Instead, the PropertyIQ Score measures a market's demand momentum against its own state, where 50 marks the state average. San Antonio, TX currently scores 9, a very weak-momentum reading that leaves it positioned to lag its state over the next three years. For buyers, cooling demand usually brings more inventory, longer sale times, and real leverage to negotiate on price. Backing that up, the median home value here is $279K, up 0.5% over the past year. So whether San Antonio, TX is right for you comes down to your goals: a rising-momentum market can favor long-term appreciation but offers less room to negotiate, while a cooling one hands buyers more leverage. Treat the score as a timing signal to weigh alongside your budget, holding period, and plans for the property, not a verdict on the market's quality.
What is the PropertyIQ Score for San Antonio, TX?
San Antonio, TX's PropertyIQ Score is 9, indicating very weak momentum on a 1-to-99 scale. The score distills four transparent inputs into a single number: Zillow home-value momentum over the past 12 months, Zillow home-value momentum over the past 3 months, the median days homes spend on the market from Realtor.com, and the share of listings with a price cut, also from Realtor.com. Rising values and faster sales push the score up, while slow sales and frequent price cuts pull it down. The scale is calibrated so 50 equals the state average, meaning a score above 50 predicts the market will outperform its state over the next three years and a score below 50 predicts underperformance. PropertyIQ computes the score across every US market nationally, then recenters it against each state, so 9 places San Antonio, TX below its state benchmark.
Are home prices in San Antonio, TX rising or falling?
Home prices in San Antonio, TX are rising. Over the past year, the median home value increased 0.5%, reaching $279K. Over the latest three months, values slipped 0.9%, a sign near-term demand is softening. PropertyIQ derives these figures from Zillow's home-value index, which tracks the typical value across the market rather than only the homes that happened to sell, giving a steadier read than a raw median sale price. Both the 12-month and 3-month momentum readings feed directly into the PropertyIQ Score, so this price trend is one of the core signals behind San Antonio, TX's current score. Keep in mind that appreciation can vary widely by neighborhood and price tier across the metro area, so treat these figures as the market-wide baseline rather than a guarantee for any single property.
How quickly do homes sell in San Antonio, TX?
In San Antonio, TX, homes sell in a median of 65 days from listing to pending sale, based on Realtor.com market data. Median days on market is one of the clearest real-time reads on local demand: when homes move quickly, buyers are competing and sellers hold the advantage, while lengthening timelines signal cooling interest and more room to negotiate. Alongside sale speed, about 26% of active listings here have taken at least one price cut — a complementary demand gauge, since a rising share of reductions often precedes slower sales and softer prices. Both median days on market and the price-cut share feed directly into the PropertyIQ Score, where faster sales and fewer cuts push the score higher. As a general guide, medians under about 30 days indicate a brisk, competitive market, while medians well beyond 60 days point to buyers regaining leverage. Actual time on market still varies by price band, property type, and season, so treat the median as a market-wide baseline.
How current is this metro area data?
This San Antonio, TX market data is refreshed on a monthly cycle, with the latest figures current through July 2026. PropertyIQ ingests fresh data every month from a range of authoritative sources: home values and rents from Zillow, days on market and price-cut activity from Realtor.com, additional housing signals from Redfin, demographic and housing-stock data from the U.S. Census Bureau, mortgage and macroeconomic series from FRED, and employment figures from the Bureau of Labor Statistics and the Bureau of Economic Analysis. The PropertyIQ Score itself is recomputed every month once the new source data lands, so the score and its four underlying inputs always reflect the most recent complete reporting period rather than a static snapshot. Because official housing data is typically released with a short lag, the current-through date usually trails the present by a few weeks, which is normal across the industry and not a sign the data is out of date.