Real Estate

For San Antonio residents thinking about buying their first home, moving into a larger house or selling a longtime family property, the latest housing market numbers offer a clearer picture of what to expect this fall. Home prices are edging lower, more properties are available, and buyers have additional time to weigh their decisions.

According to the San Antonio Board of REALTORS® (SABOR) September 2026 housing market report, 2,793 homes sold across the San Antonio area during September, a slight decline from the 2,823 sales recorded during the same month last year.

The average home price fell to $363,341, approximately 2% lower than September 2025, while the median home price declined to $302,999, also down approximately 2%.

Perhaps one of the most meaningful changes for local buyers and sellers is the growing supply of available homes. San Antonio's housing inventory reached 5.95 months in September 2026, indicating that buyers have more properties to consider than they did during periods of tighter inventory.

For families searching for a home in San Antonio and surrounding communities, these changes may provide greater flexibility. For homeowners preparing to sell, they highlight the importance of understanding neighborhood-level pricing and competition.

More Homes for Sale in San Antonio, but Properties Are Taking Longer to Sell

The September housing market report points to a shift in how quickly homes are moving through the market.

Active residential listings increased 4% year over year to 17,155 properties, while new listings rose 3% to 4,172. At the same time, pending home sales declined 16% to 2,091, suggesting fewer properties were under contract compared with September 2025.

Homes spent an average of 88 days on the market, an 11% increase from the previous year.

Another important figure for homeowners is the relationship between asking prices and final sale prices. In September, homes sold for an average of 92.4% of their original listing price.

That difference does not mean every seller accepted a substantial discount. Individual results vary depending on location, property condition, pricing strategy and demand. However, the regional average suggests that initial asking prices and eventual sale prices are not always closely aligned.

Ed Zapata, SABOR's 2026 Chair of the Board, addressed the changing conditions in a statement included in the organization's September report.

“September’s market offers buyers a broader selection and more time to evaluate their options,” Zapata said. “For sellers, understanding current comparable sales and setting a realistic asking price remain important.”

For residents planning a move, that advice may be particularly relevant as additional listings compete for attention heading into the final months of 2026.

Bexar County Home Sales Increase Despite Lower Prices

While overall San Antonio-area sales declined slightly, Bexar County's housing market recorded an increase in single-family home sales during September.

According to SABOR, Bexar County reported 1,839 single-family home sales, a 6% increase compared with September 2025.

However, prices moved in the opposite direction.

The average single-family home price in Bexar County declined 3.8% to $333,434, while the median price fell 4.8% to $282,680.

Housing inventory in the county reached 5.4 months.

For residents exploring homes in San Antonio and other Bexar County communities, the numbers show that sales activity can increase even as prices decline.

The distinction is important because the broader San Antonio-area market and Bexar County's single-family market do not represent identical geographic areas or property categories.

A family's experience buying or selling a home may also look considerably different depending on the neighborhood, school district, home size and available inventory within a particular price range.

How San Antonio Home Prices Have Changed Since 2024

Looking beyond the most recent month provides additional perspective on the direction of the San Antonio real estate market.

SABOR's Multiple Listing Service data shows that both average and median home prices have declined over the past two September reporting periods.

The median home price has decreased by $9,001 since September 2024, while the average price has fallen by $8,604 over the same period.

Although those declines may be encouraging for prospective buyers, they do not necessarily mean that every neighborhood or individual property has lost value. Regional pricing statistics can also be influenced by the types, sizes and locations of homes sold during a given month.

The median home price is generally a useful measure of the typical market because it represents the middle price among all homes sold and is less affected by unusually expensive or inexpensive properties.

For homeowners evaluating their property's value, recent comparable sales within their immediate neighborhood remain more informative than regional averages alone.

What the September Housing Market Means for San Antonio Buyers and Sellers

For prospective homebuyers, the combination of lower median prices, increased listings and longer selling times may create opportunities to compare properties more carefully.

Rather than feeling pressured to make an immediate decision because of limited inventory, some buyers may have additional time to evaluate home conditions, neighborhood amenities, commuting distances and school zoning.

However, affordability remains dependent on more than the purchase price. Mortgage interest rates, property taxes, homeowners insurance and maintenance expenses all affect the monthly cost of owning a home in San Antonio.

For sellers, the latest figures suggest that pricing a home appropriately from the beginning may be especially important.

With more homes competing for buyers and properties spending longer on the market, sellers may benefit from reviewing recent comparable sales, understanding competing listings and considering how their property's condition compares with similar homes nearby.

For existing homeowners who are not planning to move, the report provides useful context about the local housing market, although regional price changes do not directly determine an individual home's appraised value or property tax bill.

San Antonio Rental Market: Average Rent Reaches $1,831

The September report also provides insight into the San Antonio rental market, an important consideration for residents who are not ready to purchase a home or who prefer the flexibility of renting.

According to SABOR, the average residential rent across the San Antonio area was $1,831 in September 2026, with 5,067 active rental listings.

For families comparing the cost of renting versus buying in San Antonio, these figures offer a starting point, although actual rental prices vary by property type, size, location and amenities.

The availability of rental properties also gives households another option as they evaluate their financial readiness for homeownership.

How Does the San Antonio Housing Market Compare With Texas?

San Antonio's September housing market trends unfolded alongside changes across Texas, although statewide prices followed a somewhat different pattern.

According to SABOR's statewide figures, Texas recorded 25,584 home sales in September 2026, a 4.4% decline from the previous year.

The statewide average home price increased 2.4% to $428,608, while the median price declined 0.7% to $330,000.

By comparison, the San Antonio area's average home price of $363,341 and median price of $302,999 remained below the corresponding statewide figures.

This difference helps illustrate why regional housing market data matters. Statewide trends can provide useful context, but local conditions often tell a more relevant story for families deciding where and when to buy.

The San Antonio Board of REALTORS®, which represents more than 13,000 REALTOR® members, serves communities across a broad South Texas region. Its membership works in counties including Atascosa, Bee, Bexar, Frio, Karnes, Kendall, La Salle, Maverick, McMullen, Medina, Uvalde, Val Verde and Wilson.

SABOR is also part of the National Association of REALTORS®, a nationwide organization comprising more than 1,200 local boards and 54 state and territory REALTOR® organizations.

What Comes Next for the San Antonio Housing Market?

As San Antonio moves further into fall 2026, the next several months will help determine whether increased inventory, longer selling times and modest price declines continue.

One figure worth watching is pending home sales. September's 16% year-over-year decline could influence future closing activity, although it does not establish how sales will perform in the months ahead.

Changes in mortgage rates, buyer demand, available listings and local economic conditions could also affect the market.

For now, September's housing report offers a practical reminder that the real estate market is not moving in exactly the same direction for everyone. Buyers may find more choices, sellers face additional competition, and homeowners have new information to consider when evaluating their property's place in the market.

Whether a family is searching for its first home, preparing to downsize or simply keeping an eye on neighborhood property values, understanding these local trends can make important housing decisions a little easier.

Stay connected with My Neighborhood News for continued coverage of San Antonio housing market trends, Bexar County real estate, local development and the changes shaping communities across the region.

By Tiffany Krenek, My Neighborhood News 

Tiffany Krenek has been on the My Neighborhood News team since August 2021. She is passionate about curating and sharing content that enriches the lives of our readers in a personal, meaningful way. A loving mother and wife, Tiffany and her family live in the West Houston/Cypress region.

Local business spotlight

Grow your business
where trust already lives.

Let’s introduce your business to the neighbors nearby.

Spotlight My Business →

Have a local favorite? Recommend a business