Austin and San Antonio, Texas, February 10, 2026
The housing markets in Austin and San Antonio are currently experiencing significant slowdowns. Homes in Austin are taking an average of 106 days to sell, with a 4% year-over-year decline in median sale prices. In San Antonio, homes are averaging 87 days on the market, but median prices have risen by 2%. Factors such as high mortgage rates, increased inventory, and affordability challenges are influencing these trends, indicating a shift towards a more competitive landscape for buyers and sellers alike.
Austin and San Antonio Housing Markets Experience Slowdown as Homes Take Longer to Sell
Austin, Texas – Recent data indicates a significant slowdown in the Austin housing market, with homes now taking an average of 106 days to sell, marking the slowest December on record and the longest timeline among the 50 largest U.S. metros. This shift follows years of rapid price gains and a homebuilding surge that left the metro with an estimated 128% more sellers than buyers, the largest imbalance among major markets. Nationally, homes that went under contract in December took a median 60 days to sell.
The median sale price in Austin has also declined by approximately 4% year-over-year in December, one of the steepest drops in the country after a decade in which prices had already far outpaced the national average. This price reduction is attributed to waning buyer demand, with factors such as mortgage rates hovering around 7%, high taxes, and elevated insurance rates contributing to decreased affordability.
San Antonio, Texas – Similarly, the San Antonio housing market has experienced a slowdown, with homes averaging 87 days on the market in March 2025, a 10% year-over-year increase. Despite this, both median and average home prices rose, with the median price increasing to $315,499 (+2% year-over-year) and the average price climbing to $378,792 (+2% year-over-year). This suggests ongoing demand in key price segments.
In both cities, the rise in days on market and the decline in sale prices reflect a cooling trend in the housing market, influenced by factors such as affordability challenges, higher mortgage rates, and increased inventory. These developments provide buyers with more options and negotiating power, while sellers may need to adjust expectations and pricing strategies to attract interest in a more competitive landscape.
Current Housing Market Conditions
The slowdown in both Austin and San Antonio presents a pivotal moment for the housing markets. In Austin, the average days on the market now stands at 106 days, while San Antonio follows with an average of 87 days. These changes come after a prolonged period of strong growth, which saw home prices exceed the national average significantly. As supply begins to outweigh demand, buyers are positioned to take advantage of the expanded choices and trending pricing strategies.
Home Prices in Decline or Increase?
While the Austin housing market is experiencing a decline in prices, the San Antonio market exhibits resilience. In Austin, the median sale price dropped approximately 4% year-over-year, indicating shifting buyer sentiment. Conversely, San Antonio has seen a modest rise in both median and average prices, suggesting that certain segments still command interest despite overall market cooling.
Factors Influencing Market Slowdown
A variety of factors are contributing to the current environment in both Austin and San Antonio. High mortgage rates, hovering around 7%, paired with increasing taxes and insurance costs, have placed considerable pressure on homebuyers’ affordability. Additionally, increasing inventory levels are providing buyers with more options and exerting downward pressure on prices. The result is a landscape where local entrepreneurs and real estate investors need to be innovative and adapt accordingly.
Looking Ahead
The housing market slowdown may represent both a challenge and an opportunity moving forward. For buyers, this shift means greater leverage in negotiations and the possibility of purchasing homes at more favorable prices. For sellers, it may necessitate reevaluation of pricing strategies to remain competitive in an evolving market. Overall, these conditions create an environment ripe for collaboration among stakeholders, which can lead to innovative solutions that will benefit Texas’s economic landscape long-term.
Key Features of the Austin and San Antonio Housing Market Slowdown
| Feature | Austin | San Antonio |
|---|---|---|
| Average Days on Market | 106 days (December 2025) | 87 days (March 2025) |
| Median Sale Price Change | 4% decline year-over-year (December 2025) | 2% increase year-over-year (March 2025) |
| Factors Influencing Market Slowdown | Affordability challenges, higher mortgage rates, increased inventory | Affordability challenges, higher mortgage rates, increased inventory |
Frequently Asked Questions (FAQ)
What is the current average time for homes to sell in Austin?
The average time for homes to sell in Austin is currently 106 days, marking the slowest December on record and the longest timeline among the 50 largest U.S. metros.
How have home prices in Austin changed recently?
In December, the median sale price in Austin declined by approximately 4% year-over-year, one of the steepest drops in the country after a decade in which prices had already far outpaced the national average.
What is the average time for homes to sell in San Antonio?
In March 2025, homes in San Antonio averaged 87 days on the market, a 10% year-over-year increase.
Have home prices in San Antonio increased or decreased recently?
Despite the slowdown in sales, both median and average home prices in San Antonio rose in March 2025, with the median price increasing to $315,499 (+2% year-over-year) and the average price climbing to $378,792 (+2% year-over-year).
What factors are contributing to the slowdown in the Austin and San Antonio housing markets?
Factors contributing to the slowdown include affordability challenges, higher mortgage rates, and increased inventory, which provide buyers with more options and negotiating power.
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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.
