San Antonio’s housing market has historically remained a solid, reasonable investment, adding a few percentage points of growth each year. Since 2020, that slow-but-steady reputation has shifted, thanks to record-low interest rates and a pandemic-fueled change in how Americans live. In February 2022, the most recent numbers available from the San Antonio Board of Realtors (SABOR), the average price of a single-family home hit $361,889, a 16 percent increase year over year. At $314,000 San Antonio’s median home price saw an even bigger leap, jumping 20 percent over 2021.
While still on an upward trajectory, San Antonio remains among the most affordable of Texas’ biggest cities, and experts say they expect the rollicking incline to begin to stabilize. For those looking to buy a house in the Alamo City, local experts agree that it’s still a great investment with a variety of price points available across the city.