We’re well into the year 2025, and you might be wondering how the city of San Antonio is currently doing in terms of housing and real estate. As investors, it’s essential that you look into market trends and predictions to help guide future investment and business decisions. With this in mind, here’s a review of the housing market in San Antonio and an overview of what you should expect in the coming year.
Key Takeaways
- San Antonio’s housing market in 2025 and the outlook for 2026 highlight a landscape of measured growth, resilient rental demand, and strategic opportunity for investors.
- Even with San Antonio’s job growth, it’s experiencing lower home values and rent prices this 2025.
- 2026 projections expect mortgage rates to ease slightly, home sales to gradually improve, and rent prices to rebound.
Housing Market in San Antonio: 2025 Overview
As a company that provides San Antonio property management solutions, we also pay close attention to the local housing market trends. Over the years, we’ve seen changes in key factors that drive and influence the San Antonio housing market. So, what can we say about this booming city so far this 2025?
Let’s first look at one of the economic drivers that impacts the housing market – job growth. San Antonio has long been an economic hub in south-central Texas. Now, San Antonio is experiencing stable job growth, particularly in Q2 of 2025. Payrolls grew by 2.2% and average wages reached $31.59, topping both the state and the nation’s averages.
Then there are housing trends, such as home sales, prices, the number of houses up for sale, and more. According to the Realtor’s report, there are roughly 15,136 properties for sale in the city as of July 2025. In the same vein, the average days it takes for a property to be taken off the market is currently around 64 days, but this is expected to go up further in the latter months of the year.
As for the housing value, Zillow reports that homes in San Antonio sit at an average value of $254,107 as of July 2025, roughly 3.8% lower than the past year. This indicates San Antonio is a buyer’s market as of July this year.
Despite San Antonino’s seemingly dipping housing condition, there are other factors that continue to bring life to the city’s housing market. Specifically, when it comes to the construction of new residential properties. While San Antonio only issued more than 2,000 new building permits in the first months of the year, we’ve seen massive changes that help SA to maintain relevance and competitiveness against other developments.
According to Realtor, newly constructed homes in San Antonio are placed at a slightly higher median listing price of $294,900. Of the nearly 6,000 newly constructed homes for sale in San Antonio, it would take around 69 days for one to be sold and officially off the market.
However, San Antonio’s strength right now lies in apartment complexes. With the numerous developments around the city, San Antonio is turning to apartments in order to effectively meet the rising housing demands, expecting more than 8,000 new apartments to be built this year.
Speaking of apartments, let’s talk about rental rates and how they compare year over year. Considering all bedrooms and property types for rent, the average rent in San Antonio sits at $1,700, which is significantly lower (19%) than the $2,100 national average.
In terms of month-to-month comparison, rent prices in San Antonio dropped and plateaued, which is a striking contrast from last year’s rising rental rates. Throughout the year, the average rent in San Antonio sat at around $1,695, only dropping to $1,667 in March. While there’s not much movement in the average rental prices this year, there is a significant difference from last year’s records, where rent peaked at $1,725.
Investor Outlook for 2026
With the status of the housing market in San Antonio considered, what does this mean for you as an investor? So far, we’ve noticed that there is a considerable surplus of housing supply, allowing buyers to negotiate for a lower selling price. The overall value of homes in San Antonio also sits lower than the national average. But will things improve? Is 2026 a good time to invest (buy or sell) in San Antonio? To help answer these questions, let’s review some housing market predictions for 2026.
New Constructions Still on the Rise
San Antonio continues to be a growing city, with more than 8,000 apartment complexes projected to finish by the end of 2025. This means that by 2026, these units will be ready for occupancy, potentially leading to a slight price decrease in high-density areas. Property owners may also provide better incentives (lower deposits or free rent months) to attract tenants in their multi-family investment.
Steady Rental Demand, Minimum Vacancies
Despite relatively low rent prices, San Antonio continues to enjoy a large rental pool, driven by its steady job market. However, there will be an increase in demand for affordable workforce housing for its growing transport, education, health, construction, and information industries.
Slight Home Price Appreciation
Current market conditions statewide and nationwide make it unlikely for home prices in San Antonio to significantly surge in 2026. However, some believe that SA will at least experience flat growth or small corrections, ranging from 2.5% to 4%. With the matter of affordability of housing in the country still in question, this slight increase bodes well for house flippers who can leverage value-add opportunities.
Gradual Rent Price Upturn
Data suggests that rental trends in San Antonio will experience an upturn by the end of 2025 and as we enter 2026. Forecasts project a ~3% rebound in rent prices, fueled by the continued job growth in San Antonio’s primary industries and the subsequent population inflows. This will allow for a much-needed recovery and a stronger cash flow by the start of 2026.
Trust BMG For Your Property Management Needs
Over the years, San Antonio has continued to be a strong community with great potential in the real estate and housing market. But as an investor, you know that timing is really important. So, knowing the housing market in San Antonio now and the coming year is crucial in your decision-making process. Now, with the city’s measured growth, steady rental demand, and easing home prices, investors like you can take advantage of San Antonio’s warm market temperature.
To help you navigate local housing markets, consider partnering with Texas property management companies like BMG. At Bay Property Management Group, we are committed to protecting your investment, making sure you have qualified tenants, minimal vacancies, continuous property upkeep, and strong rental income. Contact us today to find out more!