San Antonio Real Estate Market Overview
Average Monthly Rent:
$1,192
Percentage Change in Home Price/Value:
14.3%
Median Home Value:
$280,000
Best Time To Sell Home:
December
Affordability Index:
134
Days To Sell House:
46
Job Market:
Fair
Public School Ranking:
28
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 1,598,964, with a growth rate of 1.09% annually. The job market here has increased by 1.6% over the last year. In ten years, job growth is predicted to be 39.6%. 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.