San Antonio real estate market overview
- Average Monthly Rent: $1,289
- Home Price/Value Percentage Change: 4.60%
- Median Home Value: $262,402
- Best Time To Sell a Home: December
- Affordability Index: Moderate
- Days To Sell a House: 70
- Job Market: Fair
- Public School Ranking: 27
Location and weather
San Antonio is located in south-central Texas, on a flat and rolling hill terrain. The San Antonio River that runs through the city forms an attraction known as the San Antonio RiverWalk, but this city also offers a lot of history, a distinct Hispanic influence, and a high quality of life. The climate here can be described as a mix of subtropical and continental depending on the season.
Temperatures are higher than 90 degrees' majority of the summer, while lows reach the mid-50s during winter. Summers also bring a fair share of rain, but snow is considered rare here.
Population, job market and cost of living
San Antonio has a large population of 1,466,791, with a growth rate of 0.74% annually.
The job market here has decreased by -4.66% over the last year. In ten years, job growth is predicted to be 39.57%. Despite the city's laid back character, the business community here is substantial. Biotech, aerospace, healthcare, IT and cybersecurity companies are the largest industries in this city, with biotech and healthcare in particular contributing billions to the local economy.
San Antonio has also committed itself to being the forefront of investment and employment opportunities in green industries. There are four nearby air force facilities, which have created a strong military presence here as well. The overall cost of living in this city is affordable, especially when compared to other large cities in Texas.
San Antonio real estate market details
- The Pearl District
- Olmos Park
- Alamo Heights
- Castle Hills
There has been a 4.6% increase in San Antonio's median home value over the last year. As of 2023, the median home value is $262,402.
Best time to sell a home for the most value is in December, while the best time to sell a home quickly is during July.
The affordability index in San Antonio is 90. This number indicates moderate affordability in this city.
The top ranked public schools are Timberwood Park Elementary School, Wilderness Oak Elementary School, Basis San Antonio Medical Center, Lopez Middle School, Health Career High School, and Travis Early College High School. This information is determined by data regarding academic performance and equity.
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