San Antonio Housing Market Update April 6 – April 12 (2026) | Prices, Rates & Trends

Inventory Holds Strong While Rates Stay Stable — What Buyers Need to Know

 

If you’re planning a move to San Antonio, this week’s housing data shows a market that continues to favor buyers but with a few important shifts you need to understand.

Let’s break it down 👇

📊 What Happened in the San Antonio Market This Week

Here’s what we saw:

• 6,468 active homes on the market
• 1,298 new listings
• 2,128 price reductions
• 802 homes pending
• 652 homes sold

👉 The key takeaway:
Inventory is still high, but we’re starting to see a slight balancing between buyers and sellers.

There are still more homes than buyers in many areas, which keeps pressure on sellers.

🏡 Home Prices & Market Trends

From the 652 homes that sold this week:

• Median Sold Price: $299,995
• Average Sold Price: $361,531
• Average Price per Sq Ft: $174
• Median Days on Market: 57 days
• Average Days on Market: 88 days

What stands out this week:

✔ Median price dipped slightly below $300K
✔ Homes are selling a bit faster compared to previous weeks
✔ Buyers still have negotiating room, but strong homes are moving quicker

💰 Seller Concessions Still Working in Buyers’ Favor

• Average Seller Concessions: ~$9,717
• Median Concessions: $9,000

👉 This continues to be one of the biggest advantages for buyers.

Many are using concessions to:

• Buy down their interest rate
• Cover closing costs
• Offset upfront expenses

📉 Mortgage Rates Update (Holding Steady)

• 30-Year Fixed: 6.39%
• VA Loans: ~5.93%
• FHA Loans: ~5.91%

Rates remained relatively stable this week.

👉 This matters because:

• Stability helps buyers plan with confidence
• Combined with concessions, affordability improves
• Buyers can focus on strategy instead of chasing rates

💡 What This Means for Buyers Relocating to San Antonio

If you’re moving here, this is where strategy matters most.

1. The Market Is Still in Your Favor — But Homes Are Moving Faster

We’re starting to see well-priced homes move quicker.

👉 Translation:
You still have leverage, but hesitation can cost you the right home.

2. Commute Will Impact Your Daily Life More Than You Expect

San Antonio is not a “drive by miles” city.

A home that looks close on a map could mean:

• 45+ minute commute
• Heavy highway congestion
• Limited direct routes to major employers or bases

3. New Construction vs Resale Matters More Right Now

Builders are still offering:

• Incentives
• Rate buydowns
• Closing cost assistance

But resale homes often offer:

• Better locations
• Established neighborhoods
• Larger lots

👉 The right choice depends on your timeline and long-term plans.

4. Property Taxes Can Change Your Monthly Payment Significantly

This is one of the biggest surprises for relocating buyers.

👉 Always compare:

• Tax rates (can vary significantly by area)
• School districts
• Additional fees like MUD or PID

5. You Can Still Negotiate — If You Know How

With nearly $10K in average concessions:

✔ You can reduce your interest rate
✔ Lower your out-of-pocket costs
✔ Improve your overall deal structure

🎯 My Perspective as a San Antonio Realtor & Air Force Veteran

I help relocating families navigate this market every week, especially those moving into San Antonio for military or career opportunities.

The buyers who are winning right now are the ones who:

• Understand how to structure offers strategically
• Focus on location and commute
• Move quickly when they find the right home

This market is shifting slightly, but opportunity is still there.

📌 Bottom Line

• Inventory remains strong
• Prices dipped slightly this week
• Homes are selling a bit faster
• Rates are stable
• Seller concessions are still a major advantage

👉 If you’re relocating to San Antonio, this is still a buyer-friendly market — but strategy matters more than ever.

 Planning a Move to San Antonio?

If you need help with:

• Choosing the right area based on your commute
• Understanding taxes and monthly payment differences
• Structuring an offer to maximize concessions

Reach out anytime.

I’ll help you build a plan that fits your timeline, budget, and goals.

 

Kristen Smith, Realtor
San Antonio’s Veteran Realtor