San Antonio Housing Market Update April 13-19 2026 | Rates Drop & Buyer Opportunities

San Antonio Housing Market Update (April 13–19, 2026): Rates Drop & Buyer Opportunity Continues

 

If you’re thinking about buying a home in San Antonio, this week brought a shift that buyers have been waiting for…

👉 Mortgage rates just hit their lowest point in over a month

Combined with continued price reductions and strong seller concessions, this market is still giving buyers a real advantage, especially for those relocating to San Antonio.

Let’s break it down.

📊 San Antonio Market Snapshot (April 13–19)

Here’s what happened in the San Antonio real estate market this week:

• 7,035 homes on the market
• 1,210 new listings
• 2,178 price reductions
• 637 homes sold
• 872 pending sales

💡 Median home price: ~$305,000
💡 Average home price: ~$369,000

👉 Translation: Inventory continues to grow, and sellers are still adjusting pricing to meet the market.

📉 Mortgage Rates Drop (Big Win for Buyers)

This week’s rates:

• 30-Year Fixed: ~6.29% ⬇️
• 15-Year Fixed: ~5.91% ⬇️
• VA Loans: ~5.89%

This is the lowest we’ve seen in over a month, and it matters more than most buyers realize.

👉 Even a small rate drop can significantly improve your monthly payment or buying power.

💰 Seller Concessions Are Still Strong

One of the biggest advantages in today’s market:

• Average seller concessions: ~$12,500
• Median concessions: ~$8,600

Buyers are using this to:
✔ Buy down their interest rate
✔ Cover closing costs
✔ Reduce upfront cash needed

👉 This is one of the main reasons buyers are still winning in this market.

⏳ Homes Are Still Taking Time to Sell

• Average days on market: ~98 days
• Median days on market: ~60 days

This tells us:

✔ Buyers still have time to evaluate options
✔ Negotiation opportunities are still there

BUT…

⚠️ Well-priced homes are starting to move faster, especially in high-demand areas.

🧠 What This Means for Buyers

This is still a buyer-friendly market, but it’s becoming more strategic.

👉 You can’t just “wait and see” forever
👉 The best homes are getting attention quicker
👉 Negotiation is still strong, but not unlimited

📍 What Relocating Buyers Need to Know About San Antonio

If you’re moving to San Antonio, this is where most people get it wrong…

1. Commute Matters More Than Distance

San Antonio is spread out, and traffic patterns can surprise you.

• 15 miles could be 20 minutes… or 45+ minutes
• Major highways like 1604, I-35, and 281 can get congested fast

👉 Always choose based on commute routes, not just mileage

2. Property Taxes Vary A LOT

This can dramatically affect your monthly payment.

• Some areas: ~1.8%–2.0%
• Others: 2.5%–3.0%+

👉 Two homes at the same price can have very different monthly costs

3. New Construction Is Still a Major Player

Builders are still offering:

✔ Rate buy downs
✔ Closing cost incentives
✔ Move-in ready inventory

But not all areas are equal.

👉 Some communities are still heavily building, which can impact resale value.

4. School Districts Drive Demand

Highly sought-after areas include:

• NEISD (Johnson High School area)
• NISD
• SCUC ISD (near Randolph AFB)

👉 Even if you don’t have kids, this impacts resale and demand.

5. Military Relocation Is a Huge Factor

San Antonio is Military City USA, with major bases:

• JBSA Lackland (West side)
• JBSA Randolph (Northeast)
• Fort Sam Houston (Central)

👉 Choosing the right area based on your base can make or break your daily routine.

🎯 Final Thoughts

The San Antonio housing market is still giving buyers opportunity…

But we’re starting to see early signs of shift:

✔ Rates are improving
✔ Buyers are becoming more active
✔ Well-priced homes are moving faster

👉 The opportunity is still here, but strategy matters more now.

📲 Thinking About Moving to San Antonio?

As an Air Force veteran and top 1% San Antonio Realtor, I help relocating families:

✔ Narrow down the right areas based on commute and lifestyle
✔ Understand taxes, schools, and long-term value
✔ Structure offers to maximize concessions and savings

If you’re planning a move, I can help you make the right decision the first time.