San Antonio Housing Market Holds Steady as Rates Hover Near 6%

by Alan Greulich

San Antonio Housing Market Holds Steady as Rates Hover Near 6%

Mortgage rates remain in the spotlight as buyers and sellers navigate a housing market that’s showing both resilience and opportunity. As of today, the conventional 30-year fixed rate sits at 6.23%, while the FHA 30-year fixed is slightly lower at 5.99%. For many first-time buyers and families, the FHA option continues to provide a more affordable pathway into homeownership.

Prices Stay Firm Despite Fewer Sales

According to the San Antonio Board of REALTORS®’ August 2025 market report, 2,952 homes were sold last month. That’s a 7% decrease compared to a year ago. Yet despite fewer closings, prices continued to climb.

The average home price rose to $382,419, a 5% increase year-over-year.
The median price held at $310,000, up 2% from last year.
Price per square foot averaged $174, virtually unchanged.

This combination—slower sales but rising prices—reflects steady demand meeting a market with growing options. ALL LISTINGS HERE

Inventory Expands, Giving Buyers More Choices

One of the biggest shifts has been inventory. With 17,043 active listings (up 15% year-over-year) and 6.1 months of supply, San Antonio is hovering just above what economists call a “balanced market.” Buyers today have more negotiating power than in recent years, while sellers benefit from pricing stability.

Homes are spending longer on the market—74 days on average, a 12% increase—but many still sell close to their original list price.

Rental Market Grows Alongside Sales

The rental market has also expanded. There are now 5,033 residential rentals available, an 18% jump from last year. Average monthly rent climbed to $1,877, showing that demand for housing—whether buying or renting—remains strong.

What This Means for Buyers and Sellers

For Buyers: More inventory means more opportunities and bargaining power. With FHA rates under 6%, financing is still within reach for many households.
For Sellers: Even though homes are taking longer to sell, pricing strength remains on your side. The key is preparation—professional marketing, strong presentation, and realistic pricing are what separate successful sales in this market.
For Investors: Rental demand continues, with prices holding steady near $1,900/month. More supply means more choices for those expanding portfolios.

The Bottom Line

San Antonio’s housing market is slowing in pace but not in strength. Prices remain firm, inventory is growing, and interest rates are stable enough to keep buyers in the game. It’s a market that rewards strategy—whether you’re buying, selling, or investing.

If you’re thinking about making a move, now is the time to plan your next step with a trusted advisor who understands today’s shifting dynamics.

—
Alan Greulich
ICON Agent | The Alliance Group | eXp Realty

Alan.Greulich@exprealty.com

973.951.4748

210.816.4350

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