San Antonio Housing Market Update March 23-29 2026 | Prices, Rates & Buyer Opportunities

San Antonio Housing Market Update (March 23–29, 2026)

Interest Rates Rise Again… But Buyers Still Have the Advantage

If you’re relocating to San Antonio right now, this is one of the most important market updates you need to understand.

This past week gave us a clear picture of where the market is heading and how you can take advantage of it as a buyer.

 

📊 What Happened in the Market This Week

Here’s a breakdown of what we saw across San Antonio:

• 6,356 total active homes on the market
• 1,123 new listings hit the market
• 2,114 price reductions
• 799 homes went pending
• 674 homes sold

👉 The biggest takeaway?
There are significantly more homes for sale than buyers right now.

That creates opportunity.

 

🏡 Home Prices & Market Trends

From the 674 homes that sold this week:

• Median Sold Price: $310,000
• Average Sold Price: $376,073
• Average Price per Sq Ft: $178
• Median Days on Market: 81 days
• Average Days on Market: 108 days

What this tells us:

✔ Homes are sitting longer
✔ Buyers have more time to make decisions
✔ Negotiation power is shifting toward buyers

And here’s something most people overlook…

• Average Seller Concessions: ~$10,880
• Median Concessions: $9,000

👉 Sellers are actively helping buyers with:

• Closing costs
• Interest rate buydowns
• Repairs

This is HUGE if you’re relocating and trying to manage upfront costs.

 

📉 Mortgage Rates Update (Why They Went Up)

As of this week:

• 30-Year Fixed: 6.64% (+0.02)
• VA Loans: ~6.12%
• FHA Loans: ~6.10%

Rates ticked up again this week, and here’s why:

• Strong economic data is keeping inflation concerns alive
• The Federal Reserve is holding rates higher for longer
• Treasury yields increased, which directly impacts mortgage rates

👉 Translation for buyers:
Rates are still volatile, but they’re not stopping this market.

In fact…

 

💡 Why This Market is Actually Ideal for Buyers

Even with slightly higher rates, buyers are in a stronger position than we’ve seen in years.

Here’s why:

1. Inventory is High

You have options. You’re not forced into bidding wars like we saw in previous years.

2. Sellers Are Negotiating

Price reductions and concessions are everywhere right now.

3. You Can Buy Down Your Rate

With ~9K–10K in concessions, many buyers are:

• Lowering their interest rate
• Reducing monthly payments
• Keeping more cash in their pocket

 

🚨 What Relocating Families Need to Know

If you’re moving to San Antonio, here’s what matters most right now:

Don’t Choose Based on Price Alone

San Antonio is spread out. A home that looks “close” on the map can easily turn into a 45-minute commute.

👉 Always factor in:

• Traffic patterns
• Base access (if military)
• School zones
• Daily drive times

 

New Construction is Competing HARD

Builders are offering:

• Rate buydowns as low as the 4–5% range
• Closing costs covered
• Appliance packages

But here’s the catch:
If you plan to sell in 3–5 years, you need to be strategic about location and builder saturation.

 

Property Taxes Vary A LOT

This surprises almost every relocating buyer.

👉 Two similar homes can have very different tax rates depending on:

• County
• MUD/PID taxes
• School district

This directly impacts your monthly payment more than most people realize.

 

You Have Time (Use It)

With homes averaging 80+ days on market:

✔ You can explore different areas
✔ You can negotiate confidently
✔ You don’t have to rush into a decision

 

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

I work with relocating families every single week, especially military moving into JBSA.

Right now, the buyers who are winning are the ones who:

• Understand how to use seller concessions
• Take time to learn the city
• Focus on commute and lifestyle, not just price

This market is giving you leverage.

You just need to know how to use it.

 

📌 Bottom Line

• Inventory is high
• Sellers are negotiating
• Rates are fluctuating but manageable
• Buyers have more control than they’ve had in years

👉 If you’re relocating to San Antonio, this is a window of opportunity.

 

📲 Need Help Planning Your Move?

If you’re moving to San Antonio and want help narrowing down:

• The best neighborhoods for your commute
• Areas with strong resale value
• How to use concessions to lower your rate

Reach out anytime.

I’ll help you build a strategy around your timeline, budget, and goals.