San Antonio Real Estate Market Update: September 2025
💰 Home Prices: A Mixed Bag
The median home price in San Antonio ranges between $297,000 and $330,000, depending on the data source.
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Zillow reports an average home value of $256,363, down 3.9% year-over-year.
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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.
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Days on Market: Homes now take 58–100 days to sell, compared to just 45 last year.
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Price Cuts: Roughly 38%–49% of listings are seeing reductions.
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Over List Sales: Only 15% of homes sell above list price, with an average of just two offers per property.
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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
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Closings: July 2025 saw 2,915 single-family closings, a 10% drop from last year.
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New Construction: Sales of new homes fell sharply by 36%, while existing home sales posted a modest 6% increase.
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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:
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Affordability: Lower housing costs compared to Dallas, Austin, and Houston.
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Population Growth: Up 16.5% from 2010–2020, with continued in-migration.
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Diverse Economy: Tech, healthcare, and the military provide stability and jobs.
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Investor Advantage: Rental yields average 6%–8%, especially in high-demand areas like Southtown, Harlandale, and Alamo Ranch.
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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:
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Prices: May soften another 1%–2% by year-end.
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Inventory: Likely to stay elevated through fall, keeping buyers in control.
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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
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Take your time, homes are sitting longer, and sellers are open to negotiation.
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Explore emerging areas like Alamo Ranch, Converse, and Southtown for value and rental potential.
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Veterans: Use your VA benefits, now is the time to maximize them.
For Sellers
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Price strategically to avoid sitting on the market.
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Highlight your home’s unique features (upgrades, location, energy efficiency).
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Partner with a top San Antonio Texas Realtor who knows how to market in a shifting market.
For Investors
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Focus on high-yield rental neighborhoods.
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Keep an eye on areas with new infrastructure and growth (e.g., near Lackland AFB or Toyota’s expansion corridor).
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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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