San Antonio Housing Market: What the August 2026 Numbers Mean for You

San Antonio Housing Market: What the August 2026 Numbers Mean for You

San Antonio home prices held flat in August while sales rose. That combination tells you exactly what kind of market we’re in right now: buyers have time and options, and sellers who price correctly still sell.

Here’s the short version of the latest San Antonio Board of REALTORS® (SABOR) report, and what it means depending on which side of the table you’re on.

August 2026 Numbers at a Glance

• Homes sold: 3,104, up 4%
• Median price: $299,275, essentially flat year over year
• Average price: $372,989, essentially flat year over year
• Average days on market: 82, up 11%
• Months of inventory: 5.87
• Active listings: 16,940
• New listings: 4,426, down 5%
• Pending sales: 2,575, down 8%
• Sold price vs. original list price: 92.8%

Source: SABOR August 2026 MLS Report.

What “Flat Prices, More Sales” Actually Means

Nearly six months of inventory puts San Antonio right at the edge of a balanced market. Metro-wide prices were essentially flat year over year in August, while homes took an average of 82 days to sell.

The number I watch closely is the 92.8% sold-to-original-list figure. On a home originally listed at $350,000, that works out to roughly $325,000. The reasons a home sells below its original list price can vary, including price adjustments, negotiation, property condition, and other terms of the transaction.

For buyers, that’s negotiating room. For sellers, it’s a warning about overpricing on day one.

How It Looks Across the Metro

The metro average doesn’t tell the whole story. Conditions shift quite a bit from one area to the next:

• Alamo Ranch and the far West Side (Loop 1604 and Hwy 151): New-construction activity gives buyers more options and can create additional competition for resale homes. Pricing and presentation matter when buyers are comparing both new and existing homes.
• Schertz and Cibolo (I-35 and FM 78 corridor): The I-35 corridor continues to see residential growth and new-construction activity. Buyers comparing resale and new-build options should look closely at price, incentives, taxes, and overall monthly costs.
• New Braunfels: Growth along I-35 and around Veramendi and Mayfield keeps new inventory coming. Buyers comparing Comal County to Bexar County should factor in different tax rates and HOA structures.
• Boerne and Helotes (Hill Country edge): Larger lots and more varied property types can make pricing especially property-specific. Condition, upgrades, location, and comparable sales can have a significant effect on buyer response.
• Castroville: A smaller market west of Loop 1604 on Hwy 90. With fewer sales each month, a single overpriced listing can sit much longer than the metro average.

If You’re Buying This Fall

• Negotiate beyond price. Seller-paid closing costs or a seller-funded rate buydown can lower your monthly payment more than a small price cut.
• Look at homes that have been on the market longer. Depending on the seller’s situation, these properties may offer more room for negotiation.
• Get fully pre-approved, not just pre-qualified. With the average 30-year fixed mortgage rate recently around 7%, understanding your buying power is especially important.
• Don’t base your decision on the assumption that a major price drop is guaranteed. August data showed the metro median price essentially flat year over year, while mortgage rates remain another important factor to consider.

If You’re Selling This Fall

• Price to the market today, not to your neighbor’s 2022 sale.
• Your launch period matters. New listings typically receive strong initial attention online, so pricing and presentation from the beginning are important.
• Plan for buyer requests. Closing cost help and repair credits are common right now. Build them into your net sheet from the start.
• Presentation isn’t optional. In a market with nearly 17,000 active listings, buyers compare your home to dozens of others in their price range.

The Bottom Line

San Antonio is operating much closer to balanced market conditions, which makes pricing and strategy especially important for both buyers and sellers.

Local Guidance From Analisa Gutierrez

Analisa Gutierrez is a San Antonio native and Realtor® who works with buyers and sellers across San Antonio, Alamo Ranch, Helotes, Boerne, Castroville, Schertz, Cibolo, and New Braunfels. She reviews neighborhood-level data with every client, because the metro median rarely matches what’s happening on your street.

Want to know what these numbers mean for your home or your search? Contact Analisa Gutierrez for a neighborhood-specific market snapshot. Call or text 210-803-8746.

Frequently Asked Questions

Is the San Antonio housing market going down in 2026? Based on the August 2026 metro-wide data, the median price was essentially unchanged from a year earlier while sales increased 4%. That suggests a relatively stable overall market, although conditions can vary significantly by neighborhood and price range.

Is it a buyer’s or seller’s market in San Antonio right now? It’s close to balanced. With about 5.9 months of inventory and 82 average days on market, buyers have more negotiating room than in recent years, but correctly priced homes still sell.

How long does it take to sell a house in San Antonio? Homes averaged 82 days on market in August 2026, up 11% from the year before. Timing varies by neighborhood, price point, and condition.

Should I wait to buy a house in San Antonio? There isn’t one right answer for every buyer. Prices were relatively flat in the August metro-wide data, while mortgage rates remain an important affordability factor. Buyers should weigh their budget, financing options, timeline, and the negotiating opportunities available on individual properties.

Which San Antonio areas have the most new construction? The far West Side around Alamo Ranch, the Schertz and Cibolo corridor, and New Braunfels all have significant new-construction activity, which affects resale pricing in those areas.