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San Antonio-New Braunfels, TX housing market

Data through September 2026 · updated 2026-11-07 · free, from Zillow, Realtor.com, the Census Bureau and other public sources

Typical home value$273,806−1.9% YoY · prices are falling
Market right nowBuyer's marketMore homes for sale than last year, 27% have cut their price
Income needed to buy, per year$59,355About 0.8× the local median income ($78,352): affordable for a typical household
Days on market74 daysAbout the same pace as a year ago
Next 12 months−1.3%Zillow expects prices to dip slightly

The typical home in San Antonio-New Braunfels, TX is worth $273,806, down 1.9% from a year ago. That is slightly below what local incomes have historically supported: fair value is about $280,990, so the area is 2.6% undervalued. It is a buyer's market: homes take about 74 days to sell, listings are up 2% from a year ago, 27% of listings have had a price cut. Zillow expects prices to fall about 1.3% over the next year. A household needs about $59,355 a year to afford the typical home here at today's 7.18% mortgage rate (20% down, payment at 30% of income); the median household earns $78,352. Typical rent is $1,415 a month, or $1,820 for a house. In the latest IRS figures, 17,563 more people moved in than out.

Home value over time

$0K$50K$100K$150K$200K$250K19801990200020102020
Solid: typical home value · dashed: fair value (household income × the 20-year average price-to-income ratio). Sources: FHFA, Zillow, U.S. Census Bureau.

Prices and affordability

Typical home value$273,806
Change in 1 year−1.9%
Overvalued %−2.6%
Show 7 more
Fair home value$280,990
Change in 5 years+4.2%
Zillow forecast, next 12 months−1.3%
Home value to income3.5×
Monthly mortgage payment (20% down)$1,484
Income needed to afford it$59,355
Property tax rate1.59%

Rent and investing

Typical rent$1,415
Typical rent for houses$1,820
Price-to-rent ratio16.1×
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HUD Fair Market Rent, 2 bedrooms$1,434
Gross rental yield6.20%
Cap rate (estimate)4.03%

Market activity

Listings vs a year ago+2.5%
Days on market74
Listings with a price cut27.1%
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Homes for sale13,792
Pending sales per 100 listings26
Asking price per sq ft$169

People and jobs

Median household income$78,352
Population change (1 year)+1.4%
Unemployment rate5.5%
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Population2,813,140
Income adjusted for cost of living$82,737
Net moves in (IRS)+17,563
Cost of living (US = 100)94.7

Schools, risk and environment

School rating (1 to 10)5.3
FEMA hazard risk score (0 to 100)95.6
Unhealthy air days a year10
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Flood risk score97.0
Wildfire risk score89.9
Walkability (1 to 20)9.7
Road, rail and air noise54 dB

Questions people ask

Is San Antonio-New Braunfels, TX overvalued?
Home prices in San Antonio-New Braunfels, TX are slightly below what local incomes have historically supported: fair value is about $280,990, so the area is 2.6% undervalued.
Is San Antonio-New Braunfels, TX a buyer's or seller's market?
San Antonio-New Braunfels, TX is a buyer's market: homes take about 74 days to sell, listings are up 2% from a year ago, 27% of listings have had a price cut.
Are home prices going down in San Antonio-New Braunfels, TX?
Home values in San Antonio-New Braunfels, TX are down 1.9% over the last year. Zillow's forecast for the next 12 months is −1.3%.
How much do you need to earn to buy a home in San Antonio-New Braunfels, TX?
A household needs about $59,355 a year to afford the typical home in San Antonio-New Braunfels, TX at today's 7.18% mortgage rate (20% down, payment at 30% of income); the median household earns $78,352.

Counties in this metro

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