San Antonio Housing Market Update March 2026 | Relocating Families Guide

by Kristen Smith

San Antonio Real Estate Market Update

What Relocating Families Need to Know This Week

If you’re planning a move to San Antonio, this week’s housing data gives you important insight into pricing, leverage, and opportunity.

Here’s what happened in the San Antonio single residential market over the last 7 days.

 

Market Activity Snapshot

  • 5,405 homes actively on the market
    • 1,022 new listings
    • 820 homes pending
    • 696 homes sold
    • 1,627 price reductions

For relocating families, this matters.

Inventory remains strong. Over five thousand homes available means you have choices across multiple price points, school districts, and commute zones. Price reductions tell us sellers are adjusting and negotiating.

This is not a frenzy market. It is a strategic one.

 

Home Prices Remain Stable

From the 696 homes that sold last week:

  • Average sold price: $364,146
    • Median sold price: $299,990
    • Average price per square foot: $178.40
    • Median price per square foot: $158.55
    • Median days on market: 95

That median price sitting right at $300,000 continues to show why so many families relocating from higher cost states choose San Antonio.

You can still purchase a well sized home with yard space and strong community amenities at a price point that is difficult to find in many other metro areas.

Homes are averaging around three months on the market before selling, which creates negotiating room for buyers.

 

Seller Concessions Are a Major Opportunity

This is the number relocating families should pay attention to.

  • Average seller concessions: $14,489
    • Median seller concessions: $9,175

That is significant.

Seller concessions can be structured to:

  • Cover a large portion of your closing costs
    • Reduce your upfront cash to close
    • Buy down your interest rate
    • Create a permanent rate reduction over the life of your loan

For example, if you negotiate $10,000 to $15,000 in concessions, those funds can often be applied toward discount points to lower your interest rate. Even a small rate reduction can lower your monthly payment for years.

For families relocating and managing moving expenses, deposits, and temporary housing, this flexibility can make a big difference.

 

Where Interest Rates Ended the Week

According to the latest rate survey, we closed the week at:

  • 30 year fixed: 5.99%
    • 15 year fixed: 5.60%
    • 30 year FHA: 5.62%
    • 30 year VA: 5.64%
    • 30 year Jumbo: 6.26%

Rates dipping below six percent on conventional financing while sellers are offering strong concessions creates a favorable environment for buyers who are prepared.

This is where strategy matters.

 

What This Means for Families Relocating to San Antonio

Right now you have:

  • Strong inventory
    • Negotiation leverage
    • Meaningful seller concessions
    • Mortgage rates trending lower
    • Median pricing around $300,000

That combination does not always align at the same time.

If you are PCSing to JBSA, transferring with USAA, moving for medical or tech roles, or relocating from out of state, now is the time to start building your plan.

Choosing the right school district, understanding commute times across San Antonio, and structuring an offer that maximizes concessions requires local expertise.

 

Why Work With Me

I am a 23 year Air Force veteran, so I understand relocation personally. I have navigated PCS moves, timelines, remote buying, and cross country transitions.

I am also in the Top 1% of San Antonio agents, negotiating in this market every single week.

That combination matters.

Relocating families need more than just someone to open doors. You need a strategy for concessions, rate buy downs, neighborhood selection, resale positioning, and long term value.

If you are planning a move to San Antonio in 2026, let’s build your relocation game plan now so you are positioned to win in this market.

Kristen Smith

"Molly's job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(210) 784-6527

kristen.smith@lptrealty.com

401 E Sonterra Blvd Suite 375, Unit, San Antonio, TX

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