San Antonio Housing Market Starts 2025 with Stability and Growing Inventory

The San Antonio real estate market kicked off 2025 with steady sales and price growth, according to the latest Multiple Listing Service (MLS) Report from the San Antonio Board of REALTORS® (SABOR). In January, 2,153 homes were sold, marking a 5% year-over-year (YoY) increase, highlighting continued buyer interest despite shifting market conditions. The median home price rose to $295,475, reflecting a 2% YoY increase, while the average price dipped slightly to $352,803, a 1% decrease. These price shifts suggest continued demand, particularly in mid-range housing, while providing some relief for buyers entering the market. San Antonio’s housing inventory continues to expand, with 4,103 new listings entering the market in January, a 1% YoY increase. Active listings climbed to 13,680 (+15% YoY), ensuring buyers have more choices. However, pending sales dropped 16% YoY to 2,406, possibly due to interest rate impacts and seasonal trends. "San Antonio’s real estate market remains resilient as we begin 2025," said Reagan Williamson, SABOR’s 2025 Chair of the Board. "With inventory levels rising and home prices showing steady growth, buyers have more opportunities while sellers continue to see strong demand for well-priced homes." Key Market Highlights for January 2025 Close to Original List Price: Homes sold at an average of 93.3% of their original list price. Days on Market (DOM): Homes averaged 83 days on the market, a 19% YoY increase, indicating a slightly slower sales pace. Price Per Square Foot: Dropped 1% YoY to $171, reflecting slight pricing adjustments. Months of Inventory: 4.64 months, suggesting a balanced market. Average Residential Rental Price: $1,786, demonstrating continued demand for rental properties. Bexar County Market Trends Bexar County remains a key player in the San Antonio housing market, reporting: 1,495 total sales, a 10.3% YoY increase, outperforming the overall city market. Median home price: $281,995 (+1.7% YoY), keeping affordability at the forefront. Average price: $325,621 (-0.5% YoY), showing slight price flexibility. Days on Market: 78 days, slightly faster than the citywide average. Inventory: 4.2 months, indicating a competitive but gradually stabilizing market. Texas Real Estate Trends Across Texas, home sales in January 2025 reached 18,556, a 1.6% YoY increase. The statewide median price stood at $330,000, a 1.5% YoY increase, remaining higher than San Antonio’s median. With 4.3 months of inventory and homes averaging 72 days on market, Texas as a whole continues to experience moderate but stable growth.