San Antonio Real Estate Market Update: September 2025

by Christopher Beal

Welcome to the latest scoop on San Antonio’s housing market! As we dive into September 2025, the Alamo City’s real estate scene is showing clear signs of a shift, leaning toward a buyer’s market with more choices and stronger negotiating power. Whether you’re buying your first home with a VA loan, upgrading to luxury living in Boerne or Helotes, or investing in San Antonio’s growing rental market, here’s what you need to know.
 

💰 Home Prices: A Mixed Bag

The median home price in San Antonio ranges between $297,000 and $330,000, depending on the data source.

  • Zillow reports an average home value of $256,363, down 3.9% year-over-year.

  • Other reports place the median sales price at $330,000, reflecting a 4% annual increase.

Looking forward, forecasts suggest a slight dip of 1.7%–4% by mid-2025, influenced by higher inventory and mortgage rates averaging 6.5%–7%. Despite this softening, San Antonio remains one of the most affordable big cities in Texas, with prices still 39%–42% below the national average. 

📊 Market Dynamics: Buyers Gain Leverage

San Antonio’s market is moderately competitive, scoring 42/100 on Redfin’s scale.

  • Days on Market: Homes now take 58–100 days to sell, compared to just 45 last year.

  • Price Cuts: Roughly 38%–49% of listings are seeing reductions.

  • Over List Sales: Only 15% of homes sell above list price, with an average of just two offers per property.

  • Inventory: Active listings have surged to 10,153–14,716, up 10.4%–18% from 2024. This equals about 4.3 months of supply, tilting leverage firmly toward buyers.

For VA buyers, this is an ideal climate: sellers are more willing to cover closing costs, make concessions, and negotiate terms.

🏗️ Sales and Construction: A Slowdown

  • Closings: July 2025 saw 2,915 single-family closings, a 10% drop from last year.

  • New Construction: Sales of new homes fell sharply by 36%, while existing home sales posted a modest 6% increase.

  • Rentals: The rental market is holding steady, with 1,577 transactions in July and average rents around $1,246/month. Rents may dip slightly mid-year but could rise again by 0.9% before 2026.

Notably, apartment construction is down 80% since 2023, which may tighten the rental supply in the future, pushing rents upward again.

🌟 Why San Antonio Still Shines

Even with slower sales, San Antonio’s fundamentals remain strong:

  • Affordability: Lower housing costs compared to Dallas, Austin, and Houston.

  • Population Growth: Up 16.5% from 2010–2020, with continued in-migration.

  • Diverse Economy: Tech, healthcare, and the military provide stability and jobs.

  • Investor Advantage: Rental yields average 6%–8%, especially in high-demand areas like Southtown, Harlandale, and Alamo Ranch.

  • Veteran-Friendly: VA loan users continue to benefit from no down payment and lower closing costs, making homeownership more accessible.

🔮 What’s Next for 2025?

No housing crash is expected, but a correction is underway. Here’s the outlook:

  • Prices: May soften another 1%–2% by year-end.

  • Inventory: Likely to stay elevated through fall, keeping buyers in control.

  • Rates: If mortgage rates drop closer to 6.1% in 2026, prices could stabilize and rebound.

✅ Tips for Navigating San Antonio’s Market

For Buyers

  • Take your time, homes are sitting longer, and sellers are open to negotiation.

  • Explore emerging areas like Alamo Ranch, Converse, and Southtown for value and rental potential.

  • Veterans: Use your VA benefits, now is the time to maximize them.

For Sellers

  • Price strategically to avoid sitting on the market.

  • Highlight your home’s unique features (upgrades, location, energy efficiency).

  • Partner with a top San Antonio Texas Realtor who knows how to market in a shifting market.

For Investors

  • Focus on high-yield rental neighborhoods.

  • Keep an eye on areas with new infrastructure and growth (e.g., near Lackland AFB or Toyota’s expansion corridor).

  • Remember, San Antonio’s long-term growth outlook remains strong.

📌 Bottom Line

San Antonio’s September 2025 real estate market is affordable, buyer-friendly, and full of opportunity. Veterans, military families, and investors are especially well-positioned to benefit, while sellers must adapt with smarter pricing and marketing.

 

💡 Want to know what your home is worth in today’s shifting market? I’ll prepare a free custom evaluation using MLS data—factoring in upgrades, competition, and current conditions.

👉 Call/Text: (210) 882-8583
👉 Email: gobealgroup@gmail.com
👉 Visit: www.veteranrealestatesa.com

 
 

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