San Antonio Real Estate Market
San Antonio, TXThe Sun Belt's affordability story — still under the Texas Triangle price curve
Key Market Stats
Last updated:- Median Price
- $325K
- -4.5% YoY
- Month-over-Month
- +0.2%
- vs. last month
- Active Listings
- 13,029
- homes for sale
- Months of Supply
- 2.8 mo.
- Balanced market
- Days on Market
- 53d
- median
- Cash Buyers
- 21%
- of all sales
Prices are median active listing prices (Realtor.com via FRED), not median sale prices. Days on market measures time listed, not days to close. Months of supply estimated from active ÷ new listings.
Side-by-side stats, charts & AI analysis
AI Market Analysis — San Antonio
San Antonio has become the Texas Triangle's affordability release valve. Prices remain well under Austin and Dallas, drawing buyers priced out of those markets while military, healthcare, and tourism anchor a steady employment base. Population growth is consistent rather than explosive, which has kept supply and price dynamics more stable than in neighbouring Austin.
Analysis generated from Redfin, FRED, and Census Bureau data. Updated monthly.
Alamo City
San Antonio
The Alamo City on the River Walk
Industries & employers in San Antonio
BLS / Census · 2025-Q3Total jobs
1.2M
Nonfarm employment, 2025-Q3
Unemployment
4.1%
Seasonally adjusted
Job growth YoY
+2.0%
Year-over-year change
Median HH income
$68K
Census ACS estimate
Industry mix
Share of total nonfarm employment
Major employers
Metro-area headcount estimates
- 80K
Joint Base San Antonio
Military - 22K
H-E-B
Retail - 19K
USAA
Finance - 14K
Northside ISD
Education - 13K
City of San Antonio
Government - 11K
Methodist Healthcare System
Healthcare - 9.5K
University Health
Healthcare - 7.5K
Baptist Health System
Healthcare - 3.5K
Toyota Motor Manufacturing Texas
Manufacturing - 3.0K
Valero Energy
Energy
What the job market looks like in San Antonio
A government, military, and healthcare town with USAA as the private anchor — lower wages offset by lower costs, strongest for stability-seekers.
If you're moving to San Antonio, expect the most government-heavy economy of the major Sun Belt metros. Joint Base San Antonio — Lackland, Randolph, and Fort Sam Houston combined — is the single largest employer in Texas at roughly 80,000 uniformed and civilian personnel. Add the City of San Antonio, UT Health Science Center, and several large school districts, and public-sector payrolls top 200,000. Private depth is thinner but real: USAA dominates financial services, H-E-B is a retail behemoth, and three hospital systems (Methodist, Baptist, University Health) drive healthcare hiring.
Target healthcare (all three systems are net hirers), hospitality along the Riverwalk and at the Sea World/Fiesta complex, and USAA if you qualify — its Texas hiring is still meaningful despite a 2023 restructuring. The honest trade-off: median household income at $68K trails every other major Texas metro, but so do housing costs. If you need high-ceiling tech or corporate roles, Austin or Dallas are closer matches. San Antonio is the P1 pick for stability, affordability, and public-sector careers.
Timing: the south-side growth story — Toyota's truck plant suppliers and the JBSA-anchored cybersecurity cluster (the 'other' NSA hub after Fort Meade) — is real but slow-building. Microsoft's multi-billion-dollar data-center expansion and JCB's 1,500-job North American HQ landing are the more meaningful near-term pulls. If you're in cybersecurity or defense contracting, the 24-month picture is materially better than it looks on paper.
Recent corporate moves
- 2024
JCB
RelocationAnnounced a $500M North American headquarters and manufacturing plant in San Antonio expected to employ 1,500 when fully operational by 2027.
- 2024
Toyota
ExpansionCommitted $531M to expand the Tundra and Sequoia production line, adding roughly 400 direct jobs and additional supplier roles.
- 2025
Microsoft
ExpansionAdvanced plans for multi-billion dollar data center campus expansion in San Antonio, supporting construction and long-term operations staffing.
- 2023
USAA
LayoffsCut approximately 475 roles across its San Antonio campuses as part of ongoing restructuring in its banking and insurance operations.
Climate in San Antonio
NOAA 1991-2020 normalsDays ≥ 100°F
19
Extreme-heat days per year
Days ≥ 90°F
113
Hot days per year
Days ≤ 32°F
20
Freezing days per year
Annual precip
32.3"
81 rainy days/year
Climate hazards
Cfa · Humid subtropical
Hazard levels are editorial ratings aggregated from FEMA, USDA wildfire risk, NOAA storm tracks, and NWS hail climatology. Not insurance or investment advice.
What movers should expect in San Antonio
Drier and slightly less humid than Houston or Austin, but vulnerable to hail, flash floods, and Texas grid stress.
San Antonio's climate sits on the seam between the humid Gulf Coast and the semi-arid Hill Country. Summers are hot — July and August average highs around 95°F — but lower humidity than Houston makes shade and evening breezes more useful. Winters are mild and brief, with January highs near 62°F, though Arctic fronts occasionally drop temperatures into the teens. Rainfall is erratic: 32 inches a year on average, delivered mostly in thunderstorms that can be violent, producing some of the largest hail stones recorded in North America.
Practical considerations: hail is the signature hazard. The April 2016 supercell cost $1.36 billion — the second-costliest hailstorm in Texas history — and auto/home claims are a recurring feature of insurance budgets here. Foundations on clay soils need watering in drought summers. The ERCOT grid issues that hit Austin and Dallas apply equally to San Antonio, though CPS Energy's municipal utility model gave it a slightly better ride during Uri. Flash flooding along the Olmos Basin and Salado Creek watersheds is a localized but serious risk.
The metro has benefited from being just inland enough to miss most hurricane eyewalls — Harvey dropped only 1.94 inches at San Antonio International in 2017, versus 50+ inches near Houston. But tropical moisture still drives the region's heaviest rain events, and climate projections suggest more volatile precipitation, longer dry spells, and gradually warmer summers. Property tax rates are high; insurance is rising; but weather, relative to other Texas metros, is one of the more forgiving slices of the state.
Historical edge scenarios
- 2016
$1.36B hailstorm — second-costliest in Texas history
On April 12, 2016, a supercell produced hail up to 4.5 inches in diameter across San Antonio, damaging 136,000 vehicles and 125,000 homes. Total insured losses reached $1.36 billion, second only to a 1995 Fort Worth storm at the time.
- 2021
Winter Storm Uri
February 2021's Uri brought single-digit temperatures and days of freezing rain to San Antonio. Though CPS Energy managed outages somewhat better than ERCOT's grid at large, hundreds of thousands lost power; burst-pipe damage was widespread. Statewide deaths exceeded 246.
- 2017
February 19 tornado swarm
Multiple tornadoes touched down around San Antonio on February 19, 2017, including an EF-2 that damaged dozens of homes in northeast neighborhoods. The outbreak was unusual for its winter timing and its direct hit on populated San Antonio suburbs.
Neighbourhoods
On the streets of San Antonio
Where people actually live — from historic bungalows to new-build cul-de-sacs.
Neighbourhoods in San Antonio
San Antonio's most distinctive neighbourhoods cluster around its river and historic core. King William is the prestige urban enclave — a National Historic District of Victorian and Italianate mansions a short walk from the River Walk, with resale prices that hold firm even in broader market corrections. Southtown and the Pearl District extend that walkable urban character northward: the Pearl's converted brewery site anchors a mixed-use strip of restaurants, a weekend farmers market, and new residential construction at the most active development address in the city. Alamo Heights is the inner-ring prestige suburb: excellent North East ISD schools, tree-canopy streets, and prices that reflect its location entirely inside the 1604 loop.
For families prioritising schools and master-planning, Stone Oak in the Far North San Antonio Northside ISD corridor is the default answer — newer construction, top-ranked schools, and the highest concentration of corporate relocation buyers. Helotes on the west side offers Hill Country adjacency, larger lots, and a small-town character that appeals to buyers who want acreage-adjacent living without the full commute.
San Antonio's value proposition is exceptional by Texas standards. Converse and Universal City on the east side serve JBSA-Randolph and JBSA-Fort Sam households at entry-level prices well under $300K. The Shearer Hills/Ridgeview area inside 1604 near the Medical Center delivers mid-century SFH in the $280K–$360K range — the most affordable path to inner-loop ownership in any major Texas metro. Leon Valley is the northwest mid-tier pick: established SFH stock, direct 151 freeway access to JBSA-Lackland, and prices that remain meaningfully below Alamo Heights and Northside for a comparable product.
Common questions about the San Antonio housing market
Is San Antonio a buyer's or seller's market?
San Antonio is currently a balanced market. With 2.8 months of housing supply and a median of 53 days on market, neither buyers nor sellers hold a decisive edge — homes sell at a steady pace without the bidding-war pressure of a tight market.
What is the median home price in San Antonio?
The median home listing price in San Antonio, TX is $324,700 as of April 2026. That figure reflects metro-area median list prices sourced from Realtor.com via FRED (Federal Reserve Economic Data) and is refreshed monthly.
Are home prices in San Antonio rising or falling?
As of April 2026, the median home price in San Antonio declined 4.5% over the past 12 months and rose 0.2% over the most recent month. The annual figure is still negative, but the recent monthly uptick suggests prices may be finding a floor.
How long do homes take to sell in San Antonio?
Homes in San Antonio spend a median of 53 days on market. That measures how long a typical listing stays active before going under contract — not the time it takes to close — and is consistent with a balanced market.
How many homes are for sale in San Antonio?
There are roughly 13,029 active listings across the San Antonio metro as of April 2026, equal to about 2.8 months of supply at the current sales pace. Cash buyers account for 21% of sales.
Data sources: Redfin Market Data, U.S. Census Bureau, FRED (Federal Reserve Economic Data), local MLS associations. Statistics represent metro-area medians and are updated monthly. Not financial or investment advice.