As of early 2025, the San Antonio housing market has experienced notable shifts compared to 2020. The average home value in San Antonio is approximately $249,398, reflecting a 2.2% decrease over the past year.
In 2020, real estate professional Victor Espinoza described San Antonio as a "spotted" market, segmented into distinct price ranges:
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$250,000 to $450,000: This segment continues to see steady activity. Despite a slight decrease in average home values, demand remains robust, particularly for properties priced below $350,000.
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$600,000 to $1,000,000: This mid-tier segment has experienced a cooling effect, with properties taking longer to sell and sellers more willing to negotiate on price.
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Above $1,000,000: The luxury market has softened, with increased inventory and longer listing durations. Buyers in this segment have more options and greater negotiating power.
Overall, the San Antonio real estate market in 2025 presents more opportunities for buyers, with increased inventory and more favorable pricing compared to previous years.