The Truth About Buying a Home in San Antonio Right Now

If you are feeling unsure about the housing market, you are not alone. Rates are higher than anyone hoped for, prices keep moving upward, and headlines seem to change by the hour. Many buyers and sellers are waiting for a clearer direction before making a move.

But here is the twist. Mortgage rates recently dipped to the low 6’s, settling near 6.3%, and buyer activity in San Antonio jumped as a result. The momentum is real. The challenge is understanding what it means for your next step.

A recent FOX Business interview with Ryan Serhant, known from the Netflix series Owning Manhattan, shed new light on what is happening in the market. His perspective surprised a lot of viewers.

Serhant summed it up with this
“This is not a buyer market or a seller market. It is nobody’s market because no one knows what to do.”

So what does that mean if you are considering a move in San Antonio

A Snapshot of San Antonio’s 2025 Market

Median home price sits at about $315,000
Active listings are holding near 16,114
Days on market currently average 86

Conditions are shifting, but opportunity still exists for buyers who understand how to navigate the landscape.

What You Need to Know About Mortgage Rates

Affordability remains the biggest question buyers face. Sellers are trying to figure out their next move as well. Everyone is waiting for a dramatic shift that may not come.

Realtor.com’s forecast suggests rates will likely stay close to current levels for a while. Waiting for a return to 3 or 4% rates will probably lead to more frustration than progress. Serhant underscored this reality.

“The new normal is not low rates. People keep thinking low rates are coming back. They are not.”

Instead of relying on the possibility of cheaper loans, buyers who focus on strategy create the advantage they need.

Smart Strategies That Help San Antonio Buyers Win

Serhant shared a real example that reflects what many buyers are now considering.
He spoke with a client who never planned to choose an adjustable rate mortgage. That same client now prefers one since it offered a starting rate near 5% and they do not expect to stay in the home more than 5 years. For their monthly budget, it made perfect sense.

Creative financing gives buyers more ways to move forward without waiting for the perfect market. Depending on your goals, options such as these can open doors sooner.

Options that often benefit San Antonio buyers:
Adjustable rate mortgages that align with your expected time in the home
Temporary rate buy downs that reduce your payment for the first few years
Seller credits that help with closing costs
Expanding your search to include less competitive or overlooked neighborhoods

There is more flexibility in today’s market than most people realize.

Why Waiting Can Cost You More

If you want to own a home in San Antonio, the biggest mistake is waiting for perfect timing. The truth is that perfect timing rarely shows up.

Serhant said it plainly
“Affordability is a challenge, but if rent is draining your wallet and you want to build equity, now is as good a time as any.”

With the right approach, you can turn this so called nobody market into your moment to win. You simply need the right strategy and a knowledgeable guide in your corner.

If you want help exploring your options and understanding what will work best for your goals, I am here to walk you through every step.