San Antonio Real Estate Market Overview
Average Monthly Rent:
$1,039
Percentage Change in Home Price/Value:
5.70%
Median Home Value:
$177,400
Best Time To Sell Home:
August
Affordability Index:
154.9
Days To Sell House:
65.333
Job Market:
Fair
Public School Ranking:
33
Location and Weather
San Antonio is at the headwaters of the San Antonio River on the Balcones Escarpment, 80 miles southwest of Austin. It is the second most populated city in Texas. It has a rich Texas history and is home to Mission San Antonio de Valero – also known as the Alamo. It is the nation’s 7th largest city but it has a small city feel which makes it very appealing.
The weather is warm in the summer and from the end of May to mid-September the average daily high temperature is above 89 degrees with lows in the mid 70’s in the evenings. The cool season is from late November to late February with an average daily high temperature below 70 degrees and average lows in the low 40’s.
Population, Job Market and Cost of Living
San Antonio’s population was 1,532,233 in 2018 with an annual growth rate of 1.38%. The cost of living is moderate due to the San Antonio real estate market with affordable housing. The job market has increased by 1.6% over last year. The 10-year future job growth is predicted to be 39.6%. The largest employers are Health Care & Social Assistance, Retail Trade and Accommodations & Food Service. Tourism is a big part of San Antonio. The largest businesses include H-E-B food retailer, Whataburger, USAA financial services. Biglari Holdings, Inc and Zachry Group Construction & Engineering.
With a big city feel and a small-town hospitality, growing job market, outdoor activities and warm climate, San Antonio will continue to attract more people who want the Texas city lifestyle.
