Should You Buy or Sell in San Antonio Right Now? What the Latest Price Trends Mean for You

Question: Are current San Antonio home price trends a signal to buy, sell, or wait?
In short: the San Antonio market is moving toward balance. Prices are relatively stable, inventory and selling times are rising, and that can create opportunity for both buyers and sellers, depending on your goals.

📊 What’s Going On With San Antonio Home Prices

Recent data shows median home prices in San Antonio have dipped somewhat. One report cites a median listing price of about $294,500 in October.
According to the local board of REALTORS®, the median sale price remained roughly $305,000 year over year.
Inventory is rising — there are more active listings now compared with last year, giving buyers more options.
Homes are staying on the market longer. According to the latest reports, the average time on market is about 83 days.

In other words, while prices haven’t collapsed, the pace of sales has slowed. The market is clearly shifting from the fast-paced seller's market of prior years to something more balanced.

What This Means If You’re Thinking of Buying

If you’re a buyer, this could be a good window to act. Here’s why:

• More inventory means more choices. With more listings active, you have a better chance of finding a home that meets your needs.

• You have more negotiating power. With longer selling times and steadier prices, sellers may be more willing to negotiate than in a hot seller’s market.

• There’s less urgency. You don’t necessarily have to rush — but that doesn’t mean you should wait forever.

Tip for buyers: Use this period of relative stability to carefully shop and compare. If you find a property you like at a fair price, don’t wait too long. Also, weigh financing carefully, because interest rates and mortgage costs still matter.

What This Means If You’re Thinking of Selling

If you’re a seller, it’s not bad news — just time for a strategic approach:

• A median sale price around $305,000 suggests your home could still fetch a fair, market-aligned value.

• Expect longer selling time. Eighty-three days on the market is noticeably longer than during peak demand periods.

• You may catch buyers who appreciate the increased options and negotiating flexibility.

Tip for sellers: Prepare for a slightly longer sales cycle. Consider realistic pricing, great staging, and be open to reasonable offers. Demand is still there, even if it’s more measured.

Who Has the Upper Hand — Buyer or Seller?

At the moment, the market seems more balanced than skewed — a good thing if you value fairness. Buyers get more inventory and negotiating leverage, while sellers still see stable pricing, albeit with longer wait times. That balance can work in favor of either side depending on timing, pricing, and readiness.

If you’re flexible and prepared, this could be a good season to make a move — whether you’re buying or selling.

What to Watch Moving Forward

• Inventory levels. If listings increase further, prices may cool more. That could favor buyers — but may require sellers to adjust expectations.

• Mortgage rates. As financing costs change, buyer demand could tighten or relax.

• Local trends. Employment, relocation patterns, and new developments all influence demand in the San Antonio housing market.

Looking to stay one step ahead in San Antonio real estate?
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Tre Serrano, Realtor GRI – Serving the San Antonio market with strategy and insight.