The San Antonio housing market has seen significant shifts over the past few years. From pandemic-era price surges to rising mortgage rates and increasing inventory, it’s natural to ask: Is now really a good time to buy a home in San Antonio? The short answer: Yes—for many buyers, this could be a window of opportunity. But let’s break it down.
San Antonio Market Snapshot – Mid 2025
Median Home Price: Around $297,000 to $315,000
Average Days on Market: 72–87 days (homes aren’t moving as fast)
Inventory: Up 20–28% from 2024—more choices for buyers
Interest Rates: Hovering around 6.5%–7%, with potential to ease later this year
Forecasted Price Growth: A modest 2%–4.5% expected into 2026
These numbers show a cooling, balanced market—one where buyers can breathe a little and take their time making informed decisions.
Why Now Could Be a Great Time to Buy
1. More Inventory = More Choices
Compared to the red-hot market of 2021–2022, today’s market offers buyers significantly more options. You’re less likely to face bidding wars or waive contingencies just to compete.
2. Negotiation Power Has Returned
With homes sitting longer on the market, sellers are more willing to negotiate on price, offer closing cost assistance, or throw in extras like appliance upgrades or repairs.
3. Price Stability
Unlike in some overheated markets where prices are falling, San Antonio home prices have remained stable and are forecasted to gradually rise. Buying now may mean locking in before the next appreciation cycle.
4. Builder Incentives & Special Financing
Many builders are offering rate buydowns, down payment assistance, and closing cost coverage—especially on move-in-ready inventory. These perks can save you thousands upfront.
What to Be Cautious Of
1. Higher Interest Rates
Mortgage rates are still relatively high. That means higher monthly payments, especially for first-time buyers. If you plan to stay in your home for the long haul, refinancing later could ease the burden—but be sure you’re comfortable with today’s payment.
2. Affordability Challenges
With rates up and prices holding steady, affordability is tighter than in years past. Work with a local lender to get pre-approved and explore programs like VA loans, USDA, and first-time buyer grants.
3. Local Conditions Matter
San Antonio has some unique factors—like water shortages and land subsidence—that may impact long-term value in certain areas. Always do your due diligence, especially on older homes or those in revitalizing neighborhoods.
Who Should Consider Buying Now?
| Buyer Type | Why It Might Be Right Now |
|---|---|
| First-Time Buyers | More inventory, less competition, and incentives make entry easier. |
| Move-Up Buyers | Easier to sell your current home and upgrade with negotiation leverage. |
| Investors | Rental demand is steady, especially near downtown and military bases. |
| Long-Term Buyers | If you’re planning to stay 5+ years, this could be your best shot before prices (and rates) rise again. |
Final Thoughts: Should You Buy Now?
If you're financially prepared and plan to stay in the home for a while, now is a smart time to buy in San Antonio. The days of rushed bidding wars are over. You have time, leverage, and options—a rare combination in real estate.
While higher rates might seem intimidating, they’re balanced by price stability, better home selection, and generous buyer incentives. Waiting for the “perfect” rate might cost you more if home values continue their upward climb.
Need Guidance?
Still unsure whether it’s the right time for you to buy? I can help break down:
Neighborhood-specific price trends
Local lender programs
Rent vs. buy analysis
New construction deals and incentives
Let’s talk about your home goals—and find the best strategy for today’s market.
San Antonio is growing—and your opportunity to own here may be closer than you think.
Need expert advice on buying or investing in San Antonio real estate? Reach out to our team today for a personalized consultation and let us help you find your perfect neighborhood fit.