San Antonio Housing Market Update: June 1–7, 2026

The first week of June delivered another clear message for buyers in the San Antonio market: inventory remains elevated, seller concessions are still common, and buyers continue to have negotiating power despite mortgage rates moving higher.

To create this week's report, I averaged the data from both residential market segments you provided, giving us a broader view of overall San Antonio market activity.

As an Air Force veteran and San Antonio Realtor, these are the numbers I watch closely for military families, relocation buyers, and anyone considering a move to the Alamo City.

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This Week's Market Snapshot

Market Activity (June 1–7)

• Total Market Activity: 7,103

• New Listings: 1,172

• Active Listings: 2,759

• Back on Market: 218

• Price Reductions: 2,384

• Pending Sales: 916

• Homes Sold: 1,189

The biggest story this week is the number of price reductions.

Nearly 2,400 homes reduced their asking price, creating opportunities for buyers who are actively shopping and willing to negotiate.

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Home Prices

Using the average of both sold-property segments:

Combined Sold Home Statistics

• Average List Price: $508,952

• Average Sold Price: $496,315

• Median List Price: $458,673

• Median Sold Price: $444,467

While luxury and move-up homes continue performing well, buyers across most price points are still seeing opportunities to negotiate.

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Days on Market

Combined Market Averages

• Average Days on Market: 96 days

• Median Days on Market: 58 days

Homes are taking significantly longer to sell than they did during the frenzy of 2021 and early 2022.

For buyers, this means:

✔ More time to evaluate neighborhoods

✔ More time for inspections

✔ Less pressure to waive contingencies

✔ More negotiating leverage

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Seller Concessions Continue

One of the most important metrics for buyers remains seller concessions.

Combined Concession Data

• Average Seller Concessions: $10,956

• Median Seller Concessions: $9,522

Many buyers are using these concessions for:

• Interest rate buy downs

• Closing costs

• Home warranties

• Repairs and updates

• Prepaid taxes and insurance

For many families relocating to San Antonio, these concessions can reduce upfront cash requirements by thousands of dollars.

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Mortgage Rate Update

Rates moved higher this week after a stronger-than-expected jobs report.

Current Rates

• 30-Year Fixed: 6.66%

• 15-Year Fixed: 6.13%

• FHA: 6.18%

• VA: 6.19%

While rates increased slightly, San Antonio buyers are still benefiting from the leverage created by higher inventory levels and seller concessions.

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What Relocating Families Need to Know

Property Taxes Matter More Than Home Price

One of the biggest surprises for relocation buyers is how much tax rates can impact monthly payments.

A $350,000 home in one area may have a very different monthly payment than a similar home elsewhere due to:

• School district taxes

• City taxes

• MUD districts

• PID assessments

• HOA fees

Always compare total monthly payment, not just purchase price.

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San Antonio Is Huge

Many relocation buyers underestimate just how large San Antonio is.

The city spans more than 500 square miles.

A home that looks close on a map may result in:

• 40+ minute commutes

• Longer school drop-offs

• More time spent on Loop 1604 or I-35

Choosing the right side of town is often more important than choosing the perfect house.

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Builder Incentives Remain Strong

New construction builders across the San Antonio area continue offering incentives that include:

• Below-market interest rates

• Closing cost assistance

• Appliance packages

• Design center credits

Many relocation buyers are finding that new construction monthly payments are competitive with resale homes after incentives are factored in.

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VA Buyers Still Have Advantages

Military buyers continue to have significant advantages in today's market.

Benefits include:

• No down payment requirement

• Competitive rates

• Seller concessions

• Assumable loan opportunities

Some local homeowners still carry mortgage rates below 5%, creating assumption opportunities that can save buyers hundreds per month.

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The Bottom Line

The June 1–7 market data shows a market that continues to favor prepared buyers.

This Week's Key Takeaways

✅ 2,384 price reductions

✅ Nearly $11,000 average seller concessions

✅ 916 pending sales

✅ 1,189 homes sold

✅ Inventory remains elevated

✅ Buyers maintain negotiating power

While mortgage rates increased this week, inventory, concessions, and pricing flexibility continue creating opportunities for buyers relocating to San Antonio.

The buyers succeeding right now are focusing on overall affordability, negotiating aggressively, and choosing locations that fit their long-term lifestyle goals.