Prices, inventory, and demand — distilled every month into one clear verdict: buyer’s market or seller’s. The investor’s read, before you make an offer.
The median asking price in San Antonio is about $252,000 as of Sep 2026, down 4.1% from a year ago. That is the asking price on listed homes, so sold-price and home-value sites show different numbers (why).
Yes, if you negotiate. Buyers have more room in San Antonio than usual. Compared with 2017–2019 at this time of year, there are 28 pending sales per 100 listings, against 59 then, and there are 68% more homes for sale. There are more homes for sale than at any time in ten years. Sellers are competing harder for you than they used to. Use it.
Asking price per square foot in San Antonio is 13.2% below its Jun 2023 high and down 5.5% over the last year. Prices were above the year before in 65% of months since the data starts, so drops here have not always reversed quickly. 25% of sellers have cut their price. Underwrite with no price growth for now and let the seller carry the next cut.
There are 5,521 homes for sale in San Antonio, 68% more than in 2017–2019 at this time of year. The build-up is biggest in 78224 (80 for sale, 362% above its 2017–2019 level) and 78225 (35 for sale, 262% above its 2017–2019 level). More choice means you can walk away from any home priced for the market of three years ago.
For every 100 homes still for sale, 28 are under contract. In 2017–2019 at this time of year it was 59. The rest are still waiting for a buyer. About 1 in 4 sellers has already dropped their price. Each one has learned their first price was too high. Start your offer below their new price.
The typical San Antonio listing has been on the market 68 days. There are 5,521 homes for sale in San Antonio. That is the most in ten years. It is 5 times the low of Apr 2021. Every one of them competes with the house you want.
The median asking price is 15.6% below its Jun 2022 peak. You are not buying at the top. Prices are still falling. Waiting has paid off so far. Let listings age, then come back lower. San Antonio prices rose in only 72 of the last 111 months. This market goes up and down. Timing matters here. Growth will not rescue a bad price.
There is no rush. Prices are still coming down. Watch the homes you like. Come back after they cut. Let the seller move first.
Ranked among the 77 Texas markets we track:
Across 9 full years, San Antonio asking prices ran lowest in January, about 3.5% below the year's average. They peaked in July. The most homes for sale show up in November, about 14% above the yearly average. Shop in November for choice, and expect the softest asking prices in January.
Read how price cuts signal a market turning and how we read these numbers, then run the numbers on a deal.
The median asking price in San Antonio is about $252,000 as of Sep 2026, down 4.1% from a year ago. This is the asking price on homes listed for sale. Sites that report sold prices or estimated home values will show a different number. Our San Antonio figures cover 50 of the 82 ZIP codes with a San Antonio mailing address, so citywide counts such as homes for sale run low.
Buyers have more room in San Antonio than usual. We compare San Antonio with 2017–2019 at this time of year: there are 28 pending sales per 100 listings, against 59 then; there are 68% more homes for sale; the typical listing has been up 31% more days.
The median asking price is 15.6% below its Jun 2022 peak. You are not buying at the top. Prices are still falling. Waiting has paid off so far. Let listings age, then come back lower.
In San Antonio, 46 out of every 100 households rent. That is nearly half. That share has held steady for five years. 9.4% of homes sit empty. That is normal for a healthy market.
At 30% of income, a tenant on the median income can pay about $1,643 a month. The median San Antonio household earns $65,734 a year.
78208. Only 5 homes under contract for every 100 still for sale. 18% of sellers there have cut their price, and the typical listing has been up 108 days.
Assume -0.6% a year. San Antonio grew 3.1% a year over the decade. Ignore that rate. Most of it landed in the 2020 and 2021 boom. Without the boom, San Antonio loses about 0.6% a year. That is the number to type in. Prices fell 5.5% over the last year. Use it for timing. The five-year rate is the better guide.
HUD's fiscal year 2026 fair market rent for Bexar County is $1,426 a month for 2 bedrooms and $1,830 for 3 bedrooms. The figures include tenant-paid utilities and cover the whole county.
No ZIP is on both lists. In San Antonio you pick leverage or growth. You cannot have both.
| ZIP | $/sqft, 2 yrs | $/sqft now | Buyers per home | For sale |
|---|---|---|---|---|
| 78251 | -1.1% | $149 | 0.19 | 132 |
| 78248 | -1.3% | $200 | 0.23 | 75 |
| 78245 | -1.8% | $148 | 0.52 | 542 |
| 78249 | -1.9% | $167 | 0.31 | 161 |
| 78230 | -2.1% | $189 | 0.29 | 139 |
Computed from each ZIP's own ten-year history. ZIPs with fewer than 10 homes for sale are excluded: a median across a handful of listings is noise, not a signal.
San Antonio has 82 ZIP codes. Each links to its live market dashboard.
Closest matches on asking price, price per square foot, time on market, buyer demand, and price cuts.
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