San Antonio Housing Market Update: July 20–26, 2026

Inventory Continues to Favor Buyers While Seller Concessions Reach Nearly $11,000

If you've been waiting for the "right time" to buy a home in San Antonio, the latest market data continues to point in one direction: buyers have leverage.

Inventory remains well above historical norms, nearly 1,900 homes reduced their price this week alone, and sellers are continuing to offer generous concessions to help buyers close the deal. While mortgage rates ticked up slightly compared to last week, they remain well below the highs we saw earlier this year, giving buyers another reason to stay active.

For families relocating to San Antonio, this is the type of market where preparation pays off.

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This Week's Numbers at a Glance

July 20–26 Market Activity

🏠 Active Homes: 6,338

🆕 New Listings: 961

📍 Currently Active Listings: 2,847

🔄 Back on Market: 187

📉 Price Reductions: 1,892

📝 Homes Under Option: 398

⏳ Coming Soon: 15

🤝 Pending Sales: 765

✅ Homes Sold: 725

The market continues to move at a healthy pace. Although active inventory dipped slightly from last week, nearly 1,900 sellers adjusted their pricing, showing that buyers still have room to negotiate.

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Home Values Remain Stable

One of the biggest misconceptions buyers have is that home values are dropping dramatically. That's simply not what we're seeing in San Antonio.

Sold Home Statistics

Average Sold Price: $387,134

Median Sold Price: $320,000

Average List Price: $397,981

Median List Price: $324,990

Average Price Per Square Foot: $183.66

Median Price Per Square Foot: $161.68

The median sales price continues to hover around the low $300,000s, making San Antonio one of the more affordable major metro areas in Texas for buyers relocating from higher-cost states.

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Homes Are Taking Longer to Sell

Today's buyers have something that wasn't available just a few years ago: time.

Days on Market

Average Days on Market: 107

Median Days on Market: 68

Current Active Listings Average: 92 Days

Current Active Listings Median: 63 Days

Longer market times mean buyers can slow down, compare neighborhoods, complete inspections, and negotiate terms without the pressure of multiple-offer bidding wars that defined the market in 2021 and 2022.

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Seller Concessions Keep Growing

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

Seller Concessions

Average: $10,894

Median: $9,494

Those dollars can often be used toward:

• Closing costs

• Interest rate buy downs

• Home warranties

• Property tax and insurance prepaids

• Eligible repairs negotiated during the option period

For many of my VA buyers, these concessions dramatically reduce the amount of cash needed at closing.

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Mortgage Rate Snapshot

Rates increased slightly from last week but remain within the range we've seen throughout much of 2026.

Current Rates

• 30-Year Fixed: 6.81%

• 15-Year Fixed: 6.34%

• FHA: 6.37%

• VA: 6.39%

Even with rates in the mid-6% range, many buyers are taking advantage of seller-paid rate buy downs that help reduce their monthly payment during the first years of homeownership.

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What Families Moving to San Antonio Should Know

Toyota's Expansion Continues to Shape the South Side

One of the biggest economic stories in San Antonio this month is Toyota's $3.6 billion expansion, which will add a second assembly line and create more than 2,000 new jobs over the coming years. This investment is expected to strengthen housing demand on the city's South Side while generating thousands of additional indirect jobs throughout the region. 

If you're relocating for manufacturing, logistics, engineering, or supplier jobs, now is a great time to begin learning the neighborhoods that offer convenient access to Toyota.

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Commute Matters More Than You Think

One of the first conversations I have with every relocation client isn't about bedrooms or square footage.

It's about where you'll drive every day.

Whether you're commuting to:

• Lackland AFB

• Randolph AFB

• Fort Sam Houston

• The Medical Center

• USAA

• Downtown

• Toyota

• Port San Antonio

...your commute can have a huge impact on your quality of life.

That's why we start at the gate. Once we understand where you'll be working, we narrow your search to neighborhoods that match your budget, commute, schools, and lifestyle.

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Property Taxes Should Be Part of Your Budget

Many buyers relocating from out of state focus primarily on the purchase price.

In Texas, it's equally important to understand:

• Property tax rates

• MUD or PID assessments

• HOA dues

• Insurance costs

A home with a lower purchase price isn't always the least expensive to own. Looking at the full monthly payment helps you make a more informed decision.

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Builder Competition Is Still Creating Opportunities

Builders across the San Antonio area continue competing for buyers by offering incentives on quick move-in homes.

Depending on the community, buyers may find:

• Closing cost assistance

• Interest rate incentives

• Free upgrades

• Appliance packages

• Design credits

Comparing builder promotions alongside resale homes can uncover opportunities that aren't obvious when browsing online.

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My Take on This Week's Market

This continues to be one of the most buyer-friendly markets we've seen in several years.

There are plenty of homes available, sellers remain motivated, and concessions continue to offset higher mortgage rates.

For buyers relocating to San Antonio, that creates an opportunity to buy thoughtfully instead of rushing into a decision.

As an Air Force veteran who's relocated multiple times myself, I know how overwhelming a long-distance move can feel. I've now helped more than 225 families relocate to San Antonio, and my goal is to help every client make a confident decision—not just find a house.

If you're planning a move, I'd love to help you build a strategy that fits your timeline, budget, and long-term goals.