San Antonio Housing Market

San Antonio home prices were flat between July 2025 and July 2026 as Texas reacted to shifts in domestic migration and interest rates. A decline in both sales and listings reflects a market that is treading water after a lukewarm spring homebuying season.

After consistent year-over-year increase in home sales throughout the first half of 2026, San Antonio finally saw a decline in July. Prospective homebuyers continue to move to San Antonio, but recent Census estimates show that migration to San Antonio has slowed. After adding more than 55,000 people per year between 2022 and 2024, population growth amounted to less than 40,000 last year.

At the same time, the number of homes on the market has decreased by 0.9% in San Antonio, mirroring a reduction in demand from homebuyers over the past 12 months. San Antonio had 9 months of supply on the market in July, down from 9.6 months of supply during the prior July. The median number of days on the market reached 69, the highest recorded in San Antonio since at least 2018. San Antonio’s listing trends fell in the middle of the pack of its Texas peers. Houston saw a 7.8% increase in the number of homes on the market over the past year, while Dallas-Fort Worth and Austin recorded reductions of 4.7% and 5.7%, well below San Antonio's.

View the latest homes for sale in San Antonio.

The major draw of Texas has long been its strong job market and relative affordability. Prices levels in the largest Texas markets saw very little growth and even fell in some markets. San Antonio saw no change in median home price compared to last year. Home prices in Austin increased by just 0.6%, and increased in Houston by 0.8%. Dallas-Fort Worth saw a 1.7% decline in median prices.

The median home sale price in San Antonio was flat over the same time last year, while the national median price rose by 2.6%.

San Antonio median home prices were $315,000 in July, the same value as a year prior. Meanwhile, the national median home price increased by $10,000 to $400,000.

San Antonio was the 35th highest-priced housing market among the top 40 largest markets last month. The San Antonio median home price of $315,000 was 21.3% below the national median home price. San Antonio's median home price in July compares to the market's peak of $335,000 recorded in June of 2022.

The median price of San Antonio single-family homes remained $319,000 over the past year, and the median condo price fell by 4.7%.

The number of homes for sale in San Antonio decreased by 0.9% in July compared to the same time last year, while national homes for sale rose by 4.4%.

San Antonio homes for sale fell by 141 year over year in July to 15,505 homes for sale. San Antonio ranked 26th, on a percentage basis, for the annual change in the number of homes for sale among the top 40 U.S. markets in July.

San Antonio homes for sale were above their pre-pandemic levels in the month of July. San Antonio homes for sale were 18.2% above the July 2019 total of 13,115.

San Antonio single-family homes for sale decreased by 0.7% to 14,737 in July. In comparison, townhomes for sale rose by 2.4% to 127, and condos for sale declined by 6.3% to 641.

The number of home sales in San Antonio decreased by 2.4% in July compared to the same time last year, while national home sales rose by 2.9%.

San Antonio home sales declined by 47 year over year on a nominal basis in July to 1,944. For context, 1,991 sales closed in San Antonio in July 2025.

San Antonio ranked 36th for the annual change in home sales out of the top 40 U.S. markets in July on a percentage basis. This year's July decrease of 2.4% compares to the 1.1% year over year increase in July 2025.

San Antonio single-family sales decreased by 2.8% in July to 1,884. In comparison, condo sales fell by 2.3% to 43.

For questions and commentary about this report:

Danny Khalil, Director of Market Analytics at CoStar and Homes.com, based in San Antonio, is available for interviews to provide expert insights on this data and the broader residential real estate market.

Danny Khalil

Director of Market Analytics

Homes.com

dkhalil@costar.com

Homes.com releases preliminary figures on housing trends on a monthly basis. Although these numbers may change slightly once all transactions are accounted for, they provide an early indication of home price appreciation, inventory changes, and sales volume in San Antonio during July 2026.

For most markets, geographical coverage consists of the Census-defined Core-Based Statistical Area (CBSA). Data for San Francisco, Los Angeles, Miami, and New York is at the Metropolitan Division level.

Definition of Sale Prices

Median home price is the midpoint sale price of homes closed during each month. This data includes homes that are detached, attached, and condominiums. Detached homes are single-family units. Attached homes are townhomes, rowhouses, and duplexes. The condominium classification includes co-ops.

Definition of Inventory

Inventory is the number of unique active listings that were for sale during each month. This data includes homes that are detached, attached, and condominiums. Detached homes are single-family units. Attached homes are townhomes, rowhouses, and duplexes. The condominium classification includes co-ops.

Definition of Home Sales

The total number of closed home sales on the MLS during the month. This data includes homes that are detached, attached, and condominiums. Detached homes are single-family units. Attached homes are townhomes, rowhouses, and duplexes. The condominium classification includes co-ops.

Definition of Days on Market

The median number of days from initial listing to closing of properties whose closing occurred during the month. This data includes detached, attached, and condominium homes. Detached homes are single-family units. Attached homes are townhomes, rowhouses, and duplexes. The condominium classification includes co-ops.

Definition of Months of Supply (MOS)

Months of Supply (MOS) is equal to active listings divided by homes sold in a given month. This data includes homes that are detached, attached, and condominiums. Detached homes are single-family units. Attached homes are townhomes, rowhouses, and duplexes. The condominium classification includes co-ops.

Definition of Sale to List Price Ratio

The sale-to-list price ratio is the ratio of the sale (closing) price to the original list price, whose closing occurred during the month. This data includes homes that are detached, attached, and condominiums. Detached homes are single-family units. Attached homes are townhomes, rowhouses, and duplexes. The condominium classification includes co-ops.

About the Homes.com Market Analytics Team

The Homes.com Market Analytics group is a team of experienced analysts embedded in nearly 30 markets across North America. These experts reside in and regularly visit the markets they cover, providing local expertise and a national perspective on all sectors of real estate: residential, office, industrial, retail, and multifamily.

About Homes.com Analytics Data

The Homes.com analytic data is compiled by the CoStar Analytics team, the largest and most experienced analytics team in the real estate industry. The team consists of over 50 economists, analysts, and data scientists, who collectively have more than 900 years of real estate experience and over 30 advanced degrees. Analysts on the team live in and around the markets they cover, enabling them to build deep local knowledge and unique insights.

The data set being used by the team is one of the most comprehensive and robust in the industry. It spans all 393 metropolitan markets, 542 micropolitan markets, and over 35,000 local neighborhoods in the U.S. The data set is sourced from almost 500 Multiple Listing Service (MLS) providers around the country, as well as public record data from each market, and is supplemented by proprietary data collected by CoStar's team of over 2,000 researchers. It includes a complete inventory of all homes in the U.S., including homes for sale, homes for rent, new construction homes, as well as sale comps and rent comps.