2025 San Antonio Real Estate Market Trends
San Antonio’s 2025 real estate market presents a balancing act between affordability and rising mortgage rates.
Once a frantic seller’s market, San Antonio now leans in favor of buyers, thanks to increased listings and extended days on market. Competitive pricing and strategic home presentations have become vital for sellers aiming to secure top dollar.
Meanwhile, investors looking for stable returns can benefit from robust rental demand, especially near the city’s growing tech and military hubs. If you’re considering buying, selling, or investing in 2025, understanding these shifting dynamics will equip you to make informed decisions in the Alamo City.
Overview: San Antonio’s 2025 Real Estate Snapshot
San Antonio’s housing market in 2025 is cooling slightly but remains more affordable than most major Texas metros, including Austin and Dallas. Thanks to a steadily growing population and robust job market—particularly in tech, healthcare, and military sectors—demand for homes continues, albeit at a slower pace than in previous years.
Median Home Price: ~$297,000 (Q1 2025)
Year-Over-Year Price Change: +0.5%
Days on Market (DOM): 52–87 days, indicating a less frenzied pace
Buyer vs. Seller Market: Leaning toward buyers, given rising inventory
While some San Antonio neighborhoods still see competitive bidding, the general shift to a buyer’s market offers negotiable prices and longer decision windows. Below, we’ll break down the major trends that affect your next steps—whether you’re planning to buy, sell, or invest.
Key Trends Driving San Antonio Housing in 2025
1. Home Prices: Stabilizing with Some Dips
Key Takeaway: San Antonio home prices are showing mixed signals in early 2025.
Median Sale Price (April 2025): $256,000 (down 5.9% year-over-year)
Average Sale Price: $378,792 (slight uptick from 2024)
Forecast: Experts anticipate a further 1.7% dip by mid-2025
Why the cool-down? Higher mortgage rates—hovering between 6.5% and 7%—are prompting many buyers to wait. That said, San Antonio remains about 42% below the national median home price, offering a refuge for middle-income buyers and those priced out of hotter markets like Austin.
Data Source: Redfin, Zillow, SABOR
San Antonio Home Price Trends (Q1 2025)
| Metric | Value | Change from 2024 |
|---|---|---|
| Median Sale Price | $297,000 | +0.5% |
| Average Sale Price | $378,792 | +2% |
| Median List Price | $339,926 | -2.3% |
| Forecasted Price Drop | -1.7% by July | N/A |
2. Rising Inventory: A Buyer’s Advantage
Active Listings (July 2024): 15,056
Active Listings (Q1 2025): 4,658 (28% above pre-pandemic levels)
Price Cuts: 31.7% of listings see reduced prices
With more properties on the market, buyers enjoy greater choice and negotiating power. Sellers, meanwhile, must price competitively and present their homes in top condition (staging, professional photos, etc.) to attract offers quickly.
3. Mortgage Rates: Affordability Concerns
San Antonio’s 2025 mortgage rates range between 6.5% and 7%, the highest in about two decades. Some forecasters expect rates to dip to 6.3% by year’s end if the Federal Reserve adjusts its policy. Here’s why it matters:
Monthly Payment Example:
$297,000 home at 6.8% → ~$1,936/month (principal + interest)
A drop to 6.3% could save $50–$100/month
First-time buyers and those with tight budgets should pay close attention to Federal Reserve announcements. Even a modest rate reduction can meaningfully improve affordability.
4. Rental Market: A Strong Alternative
High interest rates have pushed some would-be buyers into renting. That, in turn, is fueling rental demand across the city.
Average Rent (Q1 2025): $1,600/month (~11% below national average)
One-Bedroom Rent: $1,106 (up 6% year-over-year)
Investor Angle: Gross rental yields of 6–8% in neighborhoods like Southtown, Eastside, and Harlandale
If you’re priced out of buying or prefer flexibility, renting in San Antonio remains comparatively affordable. Investors can tap into stable cash flow, especially near military bases or university hubs.
5. New Construction: Supply Outpacing Demand
Single-Family Permits (Jan–July 2024): Up 36% vs. 2023
Multifamily Permits (Jan–July 2024): Down 73%
New developments such as the 300 Main mixed-use project and La Picosa retail center highlight San Antonio’s continued growth. However, oversupply in certain suburbs (e.g., Converse, Schertz) may keep prices in check through late 2025. Builders might offer incentives—like covering closing costs or upgrading finishes—to entice buyers.
San Antonio Housing Inventory (2024–2025)
| Metric | July 2024 | Q1 2025 | Change |
|---|---|---|---|
| Active Listings | 15,056 | 4,658 | -69% |
| New Listings | 4,899 | 1,309 | -73% |
| Days on Market | 60 | 52–87 | +45% |
| Months of Supply | 3.9 | 3.65 | -6% |
Neighborhood Spotlight: Where to Buy or Invest
San Antonio offers a variety of neighborhoods, each with its own price range, community vibe, and potential ROI. Below are some of the most promising areas for buyers and investors.
Alamo Heights
Median Price: ~$400,000
Why Buy:
Alamo Heights blends historic charm with modern luxury. It's home to top-rated schools, a tight-knit community, and proximity to downtown. The area's stable home values and upward appreciation trends make it a favorite for families and long-term investors seeking a safe, high-end location with consistent demand.
Home values have appreciated ~6% annually over the past 5 years.
Low inventory and high demand keep days on market under 30 days.
Older homes with strong bones present value-add opportunities via renovation.
Search homes for sale in Alamo Heights
Southtown
Median Price: ~$310,000
Why Buy:
Southtown is San Antonio's cultural gem. With its walkability to the River Walk and bustling nightlife, it attracts young professionals, creatives, and tourists alike. It's an ideal spot for short-term rental investors or buyers interested in unique architecture and urban renewal projects that increase both value and rental income potential.
STR-friendly zoning has driven Airbnb demand up 20% year over year.
Unique craftsman and industrial loft homes draw urban buyers.
Gentrification and infill development are steadily raising comps.
Converse
Median Price: ~$255,000
Why Buy:
Converse offers exceptional value for budget-conscious buyers or investors. Located just east of San Antonio and minutes from Randolph AFB, it's a prime spot for military families. Newer construction homes and steady population growth signal long-term appreciation, making it a great fit for buy-and-hold rental strategies.
One of the fastest-growing suburbs in Bexar County.
New build developments dominate, offering modern amenities.
Strong rental yields due to military demand and lower price point.
Search homes for sale in Converse in San Antonio, TX
Stone Oak
Median Price: ~$375,000
Why Buy:
Stone Oak is a master-planned oasis in North San Antonio. Featuring gated communities, top-tier schools, and access to major highways, it attracts families and high-income professionals. The area's steady growth, upscale amenities, and low vacancy rates make it a compelling option for those seeking both lifestyle and investment returns.
Homes sell quickly—average days on market is under 25.
High owner-occupancy rates contribute to neighborhood stability.
Premium pricing supported by consistent school district performance.
Search homes for sale in Stone Oak in San Antonio, TX
Eastside
Median Price: ~$280,000
Why Buy:
The Eastside is undergoing major transformation, with projects like the Wheatley Courts redevelopment signaling a new chapter. Investors are drawn by the area's affordable prices, central location, and city-backed revitalization. It’s a promising option for those seeking early entry into a neighborhood on the rise.
Property values up nearly 12% year over year in key revitalization zones.
Increasing commercial investment is boosting walkability and amenities.
Many homes still priced under market—strong upside potential.
Search homes for sale in Eastside in San Antonio, TX
Tips for Buyers and Sellers in 2025
For Buyers
Get Pre-Approved:
A pre-approval letter from a lender not only clarifies your budget but also strengthens your offer.Research Neighborhoods:
Focus on areas with upcoming infrastructure projects (new schools, roads). Tools like Redfin and Zillow provide localized data on pricing and amenities.Negotiate Smartly:
With more listings on the market, aim for 2–3% below the list price, especially if a property has been sitting for over 60 days.Consider New Builds:
Builders often provide incentives in a market flush with inventory. You may get upgrades or closing cost assistance.
For Sellers
Price Competitively:
Overpricing risks extended days on market. Work with a local agent to get a comparative market analysis that reflects current conditions.Stage and Market Effectively:
Professional staging and photography can significantly shorten your DOM. Video walkthroughs or 3D tours often boost inquiries by over 80%.Time Your Sale:
Spring and summer generally see higher buyer activity. However, be mindful of competition from newly built homes in your area.Highlight Key Features:
Emphasize upgrades like solar panels, energy-efficient windows, or proximity to popular amenities (River Walk, military bases). These can justify a higher asking price.
The Bottom Line
Although San Antonio’s housing market has cooled from its pandemic peak, it remains a compelling option for all types of real estate ventures. Buyers can leverage a larger inventory and potentially secure deals below asking, while sellers should tailor pricing and presentation to maintain an edge.
Renters benefit from relatively affordable rates compared to other Texas metros, fostering lucrative opportunities for property investors. Mortgage rates may recede slightly, but staying current on Federal Reserve policies is critical for timing your move.
Overall, San Antonio’s long-term growth trajectory and economic resilience make it a prime destination for real estate in 2025.
Frequently Asked Questions
Are home prices in San Antonio dropping in 2025?
Yes, experts predict a small price dip of around 1.7% by mid-2025, although premium neighborhoods may hold steady.
Is San Antonio a buyer’s or seller’s market in 2025?
It’s leaning toward a buyer’s market, given rising inventory and longer days on market. Sellers should price competitively.
What’s the average home price in San Antonio in 2025?
The average home price is roughly $378,792, while the median hovers around $297,000, depending on the neighborhood.
How are mortgage rates affecting the market?
Rates between 6.5% and 7% have slowed buyer activity. A dip to 6.3% by late 2025 could boost affordability.
Is San Antonio a good place for investors in 2025?
Yes. With strong rental demand and yields of 6–8%, areas like Southtown and Eastside remain attractive to investors.
Which neighborhoods are best for first-time buyers?
Converse and Harlandale offer affordability and steady rental demand, making them ideal for budget-minded buyers.
How can sellers stand out in 2025?
Pricing realistically, staging with professional photography, and highlighting energy-efficient features can attract more offers.
Are new constructions worth considering?
Yes. With a slight oversupply, builders often provide incentives such as closing cost credits or upgraded finishes to attract buyers.
