San Antonio, August 24, 2025
News Summary
The San Antonio real estate market is exhibiting resilience despite a downturn in home sales. While sales dropped by 10 percent, home prices are continuing to rise, indicating a complicated landscape for both buyers and sellers. The median home price has reached $330,000, showing a year-over-year increase, while the number of active listings has surged. This dynamic reflects a strong influx of residents, although challenges such as rising interest rates persist, influencing buyer behavior.
San Antonio
The San Antonio real estate market is displaying resilience amid a recent downturn in home sales, according to key insights shared by luxury real estate experts. Despite a decrease in the number of homes sold, prices are increasing, highlighting a complex landscape for buyers and sellers alike.
Current Market Overview
Data from the San Antonio Board of Realtors (SABOR) indicates a notable 10 percent decrease in home sales for July 2023 compared to the same month last year. Only 2,195 homes were sold during this period. Factors contributing to this decline include a significant rise in inventory and extended closing timelines, prompting buyers to be more cautious in their purchasing decisions.
Meanwhile, median home prices have seen an increase, reaching $330,000, while average prices have climbed to $401,000, representing year-over-year increases of four percent and seven percent, respectively.
Market Dynamics
The average time homes are remaining on the market has increased, now averaging over two months, a 16 percent increase from the previous year. The months of inventory have also risen to 6.12, indicating a supply surplus that stabilizes the market environment. The number of active residential listings has surged to 4,773, marking a 20 percent year-over-year increase.
Despite these changes, the strong influx of new residents to Texas continues to fuel home demand, mitigating some of the impacts of declining sales. Rising interest rates present challenges for buyers; however, strategic financing options and seller incentives still afford buyers negotiating power. The dynamics of the real estate market are further complicated by a nationwide trend of declining mortgage rates, with the average fixed rate recently falling to 6.58 percent, its lowest in ten months.
Comparative Analysis
When comparing geographical pricing, the median home price in Bexar County is approximately $310,000, while prices in neighboring counties illustrate a disparity: Harris County also sits at $330,000, Dallas County at $390,000, and Travis County at a steep $560,000.
The New Braunfels area remains highly favored among movers, ranking as the second-most popular ZIP code for relocation in 2025, while San Antonio’s 78253 ZIP code ranked 10th with 2,883 moves. Factors contributing to this popularity include the community’s historic charm, outdoor recreation, and relative affordability.
Future Outlook
As the San Antonio housing market evolves, buyers will likely need to navigate options carefully as they respond to these changing dynamics. Increased rental inventory provides more options for those considering rental properties, perhaps impacting the sales market further in the coming months.
FAQs
What is the current average home price in San Antonio?
The current median home price in San Antonio has reached $330,000, while the average price sits at $401,000.
How much have home sales decreased in San Antonio?
Home sales have decreased by 10 percent in July 2023 compared to last year, with only 2,195 homes sold.
What factors are influencing the San Antonio real estate market?
Factors including rising interest rates, increased inventory, and extended days on the market are influencing buyer behavior and market stability.
What is the average time homes stay on the market?
Homes in San Antonio are currently averaging over two months on the market, which is a 16 percent increase from the previous year.
| Statistic | Value |
|---|---|
| Median Home Price | $330,000 |
| Average Home Price | $401,000 |
| Decrease in Home Sales (July 2023) | 10% |
| Homes Sold in July 2023 | 2,195 |
| Average Days on Market | Over 2 months |
| Active Residential Listings | 4,773 |
| Months of Inventory | 6.12 |
| Date | Event | Status/Source |
|---|---|---|
| July 2022 | Home Sales Data Recorded | Previous Year Benchmark |
| July 2023 | 10% decrease in home sales | SABOR Report |
| Current | Average home price reaches $401,000 | Market Analysis |
| Current | Inventory increases to 4,773 listings | Market Analysis |
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Additional Resources
- News 4 San Antonio
- Wikipedia: San Antonio Real Estate Market
- Realtor.com
- Google Search: San Antonio Real Estate
- CultureMap San Antonio
- Google Scholar: San Antonio Real Estate Market
- KSAT
- Encyclopedia Britannica: San Antonio Real Estate
- Axios San Antonio
- Google News: San Antonio Housing Market
Author: STAFF HERE SAN ANTONIO WRITER
The SAN ANTONIO STAFF WRITER represents the experienced team at HERESanAntonio.com, your go-to source for actionable local news and information in San Antonio, Bexar County, and beyond. Specializing in "news you can use," we cover essential topics like product reviews for personal and business needs, local business directories, politics, real estate trends, neighborhood insights, and state news affecting the area—with deep expertise drawn from years of dedicated reporting and strong community input, including local press releases and business updates. We deliver top reporting on high-value events such as Fiesta San Antonio, San Antonio Stock Show & Rodeo, and Dia de los Muertos. Our coverage extends to key organizations like the Greater San Antonio Chamber of Commerce and United Way of San Antonio and Bexar County, plus leading businesses in retail, insurance, and energy that power the local economy such as H-E-B, USAA, and Valero Energy. As part of the broader HERE network, including HEREAustinTX.com, HERECollegeStation.com, HEREDallas.com, and HEREHouston.com, we provide comprehensive, credible insights into Texas's dynamic landscape.
