San Antonio Housing Market: Trends & Prices

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    San Antonio Real Estate Market Overview

    (Last Updated – 10/2020)

    Voted the 34th best place to live in the U.S. and the 4th best place to live in the great state of Texas by U.S News and World Report, San Antonio offers the best of both worlds. Whether residents are looking for big-city amenities or want to spend their days in a relaxed and inviting atmosphere, San Antonio can deliver.

    San Antonio may be taught in school as the home of the Alamo, but it’s also home to famous theme parks, theater and music venues, sports arenas, and over 1.53 million residents. The cost of living in San Antonio is fair and comes in slightly lower than the national average and San Antonio median home prices come in below the national median.

    By the way, did we mention that San Antonio has around 300 sunny days every single year? And their winters never drop below-freezing temperatures. So stock up on some sunscreen and discover more helpful facts about the San Antonio housing market.

    $242,000

    Avg. Home Price

    $124

    Avg. Price Per Sq. Ft

    34 days

    Avg. Time on Market

    San Antonio Housing Market Forecast

    For those looking to grab their dream home at a discount, San Antonio may have some appealing options.

    Prospective San Antonio home buyers are in luck, because home prices in this bustling city are expected to drop within the next year by 1.7%.

    Housing market forecast chart

    *Graph taken from Zillow as of 09/2020

    Demographics of the San Antonio Market

    San Antonio is a city with deep historical roots, but also isn’t afraid to modernize, making it an ideal place to call home for singles, families, students, and career climbers.

    Take a peek at the demographics of the San Antonio real estate market for a broader look at this beloved city.

    Median Income: $49,024

    Median Age: 33.7

    College Educated: 26%

    Homeowners: 53%

    Married: 44%

    Olmos Park

    Olmos Park prides itself on being a very friendly city with a bustling business district that boasts a variety of shops and restaurants.

    This festive neighborhood loves to host major social events throughout the year for occasions such as the 4th of July. Families will feel right at home in Olmos Park.

    Quick Facts

    Population:

    1,999

    Median Age:

    42.7

    Housing Units:

    877

    Bike Score:

    51

    Walk Score:

    49

    Transit Score:

    45

    Average Household Income:

    $288,912

    Olmos Park Housing Market

    Home buyers with their eyes on Olmos Park are in luck! This neighborhood usually isn’t super competitive for buyers and typically homes in this area sell for 5.1% under their list price.

    Homes in Olmos Park spend over 100 days on the market, so buyers can take their time making a decision about where they want to put down roots.


    Average Home Price

    $753,000

    Average Price Per Sqare Ft.

    $258


    Downtown

    The world famous River Walk may be the most popular attraction in Downtown San Antonio, but this neighborhood has so much more to offer. Including, world class museums, theaters, art, schools, and historic sites such as the Alamo (one of the city’s five missions).

    There are plenty of great restaurants and shops to enjoy, as well as superb housing options to be uncovered in Downtown.

    Quick Facts

    Population:

    17,020

    Median Age:

    35

    Housing Units:

    7,395

    Bike Score:

    66

    Walk Score:

    82

    Transit Score:

    84

    Average Household Income:

    $51,649

    Downtown Housing Market

    For those thinking about heading Downtown, it’s worth noting that the housing market in this neighborhood is not considered to be very competitive.

    This is good news for buyers, as it’s considered rare for a home for sale to receive multiple offers and many sit on the market for around 93 days in Downtown.


    Average Home Price

    $359,000

    Average Price Per Square Ft.

    $312


    Terrell Heights

    The lovely neighborhood of Terrell Heights features lush landscapes, intimate parks, and many mature trees that lend a peaceful feel to this neighborhood.

    For those looking for an escape from the hustle and bustle of San Antonio, Terrell Heights can offer some much needed reprieve.

    Quick Facts

    Population:

    5,330

    Median Age:

    40.1

    Housing Units:

    1,977

    Bike Score:

    51

    Walk Score:

    64

    Transit Score:

    41

    Average Household Income:

    $256,766

    Terrell Heights Housing Market

    Homes for sale in Terrell Heights typically receive multiple offers and only stay on the market for an average of 52 days.

    Prospective home buyers should move quickly if they find a home they love.


    Average Home Price

    $281,000

    Average Price Per Square Ft.

    $193


    Oakland Estates

    A subdivision of Bexar County, The Oakland Estates area has plenty to offer. From irresistible restaurants to top notch education, entertainment, and shopping options, Oakland Estates has many things busy professionals and families are looking for.

    Quick Facts

    Population:

    59,502

    Median Age:

    31.8

    Housing Units:

    26,129

    Bike Score:

    37

    Walk Score:

    26

    Transit Score:

    32

    Average Household Income:

    $67,635

    Oakland Estates Housing Market

    The Oakland Estates housing market is somewhat competitive and could keep buyers on their toes. Some homes in the area receive multiple offers and sell in an average of 46 days.

    That being said, there’s typically still room for negotiation, as on average, homes in this area sell for about 2% below their list price.


    Average Home Price

    $274,000

    Average Price Per Square Ft.

    $169


    Dignowity Hill

    Dignowity Hill is known for being San Antonio’s first exclusive residential suburb, but it’s also popular with locals because of its gorgeous large estates and proximity to downtown.

    Small Folk Victorian style houses and a historic park simply add to the charm of this beloved San Antonio neighborhood.

    Quick Facts

    Population:

    11,433

    Median Age:

    33.6

    Housing Units:

    4,506

    Bike Score:

    64

    Walk Score:

    67

    Transit Score:

    55

    Average Household Income:

    $40,057

    Dignowity Hill Housing Market

    This moderately competitive housing market still provides plenty of breathing room for buyers who aren’t fans of a rushed home buying process. On average, listed homes in Dignowity Hill stay on the market for 70 days.

    Some homes for sale in this area receive multiple offers from buyers, so haggling might be a bit trickier in this neighborhood.


    Average Home Price

    $342,000

    Average Price Per Square Ft.

    $207



    SoFi Home Loans

    It’s easy to see why San Antonio has become such a popular market to buy a home in. There are some really amazing neighborhoods to choose from whether you’re young and single or have a family to look after.

    If you think San Antonio could be your home sweet home, then you may need to consider your home loan options.

    If you’re buying a home or refinancing an existing mortgage, SoFi can help you make the process as quick and painless as possible.

    Learn more


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