San Antonio, Texas Right Now Real Estate Market Guide: Prices, Neighborhoods and Timing

The San Antonio housing market has settled into a more balanced range after the rapid appreciation of 2021 through 2023. As of September 2026, the median sale price for a single-family home in the San Antonio metro sits at approximately $298,000 to $310,000, depending on the data source and whether surrounding Bexar County suburbs are included. That is a modest year-over-year increase from the $285,000 to $295,000 range recorded in September 2025, reflecting slow but steady appreciation rather than the double-digit swings buyers and sellers experienced a few years ago.

Median Sale Price and Price Per Square Foot

Price per square foot gives a cleaner comparison across property sizes. Right now in San Antonio, the median price per square foot for resale homes runs between $155 and $175, with newer construction in outer-ring suburbs often coming in at $160 to $185 per square foot due to modern finishes and energy-efficiency packages. Older homes in established neighborhoods closer to Loop 410 or the inner city tend to sit at the lower end of that range, sometimes below $150 per square foot, particularly for properties that need cosmetic updating.

For a broader data picture, Redfin's San Antonio housing market page tracks monthly median prices, sale-to-list ratios, and how quickly homes are moving, which is a useful reference to bookmark alongside local agent insights.

How Prices Vary Across the Metro

San Antonio's price geography is wide. The 78209 zip code, which covers Alamo Heights and the surrounding area near Broadway Street and the San Antonio Botanical Garden, regularly sees median prices above $450,000. Terrell Hills and Olmos Park, both independent municipalities within the larger metro, see single-family homes frequently listed above $600,000 and sometimes well into seven figures on larger lots. By contrast, zip codes along the South Side near Military Drive and Pleasanton Road, including 78221 and 78223, still offer median prices in the $190,000 to $230,000 range, making them among the more accessible entry points in the metro.

The Northwest Side zip codes, particularly 78249 and 78250 near UTSA and the Rim Shopping Center, cluster between $270,000 and $340,000, reflecting strong demand from buyers who work along the US-281 and Loop 1604 corridors. The Northeast Side, including areas near Randolph Air Force Base in Universal City and Converse, tends to range from $230,000 to $290,000 for standard three-bedroom homes.

2. Inventory and Market Conditions in September 2026

San Antonio's inventory levels have improved significantly from the historic lows of 2021 and 2022, giving buyers meaningfully more options than they had two or three years ago. The metro currently carries roughly 3.5 to 4.5 months of supply, depending on price tier. That puts it in the range that many economists describe as a transitional or balanced market, though conditions shift noticeably by price point and submarket.

How Much Inventory Is Available

Homes priced below $275,000 still move faster and face more competition than those above $400,000. Entry-level and mid-range inventory remains constrained because many homeowners who locked in 30-year mortgages at 3% or below during 2020 and 2021 are reluctant to sell and take on a new loan at today's rates. This lock-in effect has kept resale supply tighter at the lower price tiers even as new construction has added options in the $300,000 to $380,000 range in communities like Cibolo, Schertz, and Converse.

Above $450,000, inventory is more plentiful and buyers have more negotiating room. Listings in that tier are sitting on the market longer, sellers are more open to concessions, and price reductions before contract are more common than they were in 2022 or early 2023.

Days on Market and What It Means for You

The median days on market in San Antonio currently runs around 45 to 60 days for resale homes, up from the 10 to 20 day averages seen during peak competition in 2022. That shift is meaningful. Buyers now have time to schedule inspections thoughtfully, review seller disclosures carefully, and negotiate repairs or credits without feeling forced into a decision overnight. Sellers, on the other hand, need to price accurately from day one because overpriced listings are sitting and accumulating days on market in a way that was not a concern two years ago.

For a deeper look at whether this market still favors sellers or has fully shifted, the article Has the San Antonio, Texas Housing Market Slowed Down, and Is It Still a Sellers Market? breaks down those dynamics in more detail.

3. A Closer Look at San Antonio's Active Submarkets

San Antonio spans more than 460 square miles, and each corridor of the city has its own rhythm, housing stock, and price behavior. Understanding the submarkets is essential to making a well-timed decision, whether you are buying, selling, or relocating. The sections below describe what is physically present in each area and what the numbers look like right now.

Northwest San Antonio and the 1604 Loop Corridor

The Northwest Side, anchored by the Loop 1604 and US-281 interchange, is one of the most active parts of the metro. This area includes established subdivisions built during the 1990s and 2000s, large master-planned communities like Wortham Oaks and Stonewall Estates, and proximity to major employment hubs including USAA's corporate campus, Valero Energy, and the South Texas Medical Center a few miles to the south. Homes here are predominantly brick single-story and two-story construction on lots ranging from 6,000 to 10,000 square feet. Median prices in the 78249 and 78250 zip codes run from about $275,000 to $345,000.

The Near North Side and Stone Oak Area

Stone Oak, located in the far North Side along US-281 north of Loop 1604, is characterized by larger homes, hill country-adjacent terrain, and a dense concentration of retail and dining along Stone Oak Parkway. Homes in the 78258 and 78259 zip codes frequently feature three to five bedrooms, three-car garages, and lots with mature live oak trees. Median prices in this corridor range from $380,000 to $480,000, with custom and semi-custom homes on larger lots pushing well above $550,000. The area is roughly 25 to 30 minutes from downtown San Antonio by car via US-281 during off-peak hours.

South San Antonio and the Mission Reach Corridor

The South Side offers some of the most accessible price points in the entire metro, with a mix of older ranch-style homes from the 1960s through 1980s and newer infill construction near the Mission Reach section of the San Antonio River Walk. The four Spanish colonial missions, including Mission Concepcion, Mission San Jose, Mission San Juan, and Mission Espada, are all located in this corridor and are part of a UNESCO World Heritage Site. That historical significance has drawn renewed buyer interest in the area. Homes within a mile or two of the Mission Reach hike-and-bike trail have seen stronger price support than the broader South Side average, with some blocks showing prices in the $240,000 to $310,000 range despite the area's overall lower median.

New Construction Submarkets: Converse, Cibolo, and Schertz

The communities northeast of San Antonio along Interstate 35 and FM-78 have absorbed a significant share of new construction demand over the past several years. Cibolo and Schertz, both incorporated cities in Guadalupe County, offer new builds from major national builders including DR Horton, Lennar, and Perry Homes, typically priced between $270,000 and $390,000 for three to four bedroom homes with two-car garages and open-concept floor plans. Converse, which sits closer to Randolph Air Force Base and carries a Bexar County address, has similar price ranges. Commute times from these communities to downtown San Antonio average 30 to 45 minutes by car, longer during morning rush hour on I-35.

Builders in these submarkets are currently offering incentives including rate buydowns, closing cost contributions, and design center upgrades to move standing inventory, which gives buyers real negotiating leverage that does not exist in most resale transactions.

4. Timing the San Antonio Market as a Buyer or Seller

Timing in real estate is always relative to your personal situation, but understanding the seasonal and cyclical patterns in San Antonio gives you a real advantage. September marks the beginning of a slower listing season in San Antonio, as the intense summer heat and the back-to-school transition reduce foot traffic at open houses and slow the pace of new listings coming to market. That shift affects buyers and sellers differently.

What Fall 2026 Means for Buyers

Buyers entering the San Antonio market in September and October typically face less competition than those who searched during the spring peak. Sellers who listed in May or June and have not yet gone under contract are often more motivated by fall, having already carried the property through summer. That motivation can translate into price reductions, seller-paid closing costs, or willingness to negotiate on repairs. Buyers who are pre-approved and ready to move quickly can take advantage of that dynamic without competing against multiple offers the way they would have in March or April.

If you are weighing whether to act now or wait, the article Is Right Now a Good Time to Buy a House in San Antonio, Texas or Should I Wait? works through that question from multiple angles.

What Fall 2026 Means for Sellers

Sellers listing in September still attract serious buyers, but the pool is smaller than it was in spring. The buyers who are actively searching in fall tend to have genuine urgency: a job relocation, a lease ending, a life transition. That can work in a seller's favor as long as the home is priced correctly and presented well. Overpricing in a fall market is a costly mistake because the slower pace means fewer showings to generate competing interest, and a price reduction after 30 days on market signals to buyers that something is wrong even when nothing is.

Sellers who want to maximize their outcome should focus on condition, accurate pricing, and professional photography. In San Antonio's current market, a home that is priced within 2% to 3% of its actual market value and shows well will still generate solid interest through the fall months.

5. Mortgage Rates, Affordability, and What to Budget in San Antonio

Mortgage rates remain the most significant variable shaping affordability in San Antonio right now. As of September 2026, the average 30-year fixed rate for a conforming loan sits in the 6.4% to 6.8% range, down modestly from the 7% to 7.5% range that characterized much of 2024 and early 2025. That improvement adds real purchasing power: on a $300,000 loan, the difference between 7.25% and 6.5% is roughly $140 per month in principal and interest.

Current Rate Environment

VA loans remain a significant factor in the San Antonio market given the presence of Joint Base San Antonio, which encompasses Lackland Air Force Base, Fort Sam Houston, and Randolph Air Force Base. VA loans carry no down payment requirement and typically offer rates 0.25% to 0.5% below conventional loan rates, which meaningfully improves affordability for eligible service members and veterans. FHA loans, with their 3.5% minimum down payment, are also widely used by first-time buyers in San Antonio's sub-$300,000 price tier.

True Cost of Buying in San Antonio Right Now

Beyond the purchase price, buyers in San Antonio need to account for property taxes, which are among the more significant carrying costs in Texas. Bexar County's effective property tax rate runs approximately 2.1% to 2.5% of assessed value annually, depending on the specific taxing entities that apply to a given address. On a $300,000 home, that translates to roughly $6,300 to $7,500 per year, or $525 to $625 per month added to the mortgage payment. Homeowners insurance in San Antonio averages $1,800 to $2,400 per year for a standard single-family home, reflecting the region's exposure to hail storms and the occasional high-wind event.

Texas does not have a state income tax, which partially offsets the higher property tax burden for buyers relocating from states like California, New York, or Illinois. That tradeoff is worth running through the numbers on before assuming San Antonio is more or less expensive than your current location.

For a detailed mid-year analysis of where the broader market is heading, the LRG Realty mid-year 2026 San Antonio housing market update provides a useful data snapshot to read alongside local perspectives.