San Antonio Metro Housing Market Softens
Key Questions
What is Zillow’s forecast for the San Antonio housing market?
Zillow predicts 0.5% growth by 2026, with San Antonio seeing declines. High interest rates and 15.7% vacancies contribute to softening.
How have home prices changed year-over-year in March?
ICE reports 0.4% YoY home price growth in March. Bexar County median is $289k with over 10k listings.
What are average rents compared to owning costs in San Antonio?
Rents range $1,188-$1,422, lower than owning amid high rates and insurance up 70%. Vacancies at 15.7% add market pressure.
How does San Antonio rank in future prosperity?
San Antonio ranks 151 out of 250 metros for prosperity. Factors include job growth in areas like VP Racing, JCB (1500 hires), and Boeing.
What job opportunities are booming in the area?
Jobs in logistics, utilities, biomedical, supply chain, and community services are available. VP Racing in Elmendorf and JCB hiring 1500 signal growth.
Why are more families turning to the San Antonio Food Bank?
Rising fuel prices and food insecurity affect over 140k people, up 20%. SNAP restrictions exacerbate issues amid Iran war tensions.
What is the status of San Antonio’s 2027 budget?
A public survey is live for input on priorities amid funding challenges. It addresses issues like floods and infrastructure.
How are home insurance costs impacting homeowners?
Insurance costs have risen 70%, increasing housing risks and ownership expenses. This contributes to market softening.
Zillow 2026 forecast 0.5% growth/SA declines; ICE 0.4% YoY Mar; high rates/vacancies 15.7%, rents $1,188-$1,422 vs owning; ins +70%; Bexar med $289k/10k+ listings. Jobs boom: VP Racing Elmendorf, JCB 1500 hires, Boeing/utilities; SA ranks 151/250 prosperity; fuel spike/food bank 140k+; SNAP ban food insecurity; 2027 budget survey live.