Bexar County Home Sales Jumped 16.2% in October — What It Means for San Antonio Buyers and Sellers

If you have been waiting for a sign that the San Antonio housing market is finding its footing again, October's numbers may be exactly that. Bexar County recorded 2,009 home sales last month, a 16.2% increase compared to October 2023. That kind of year-over-year jump is not something the market produces every month, and it deserves a closer look.

The average sale price rose 3.2% to $349,012, while the median sale price climbed 1.6% to $294,999. Both figures point to steady, measured appreciation rather than the sharp swings the market saw in prior years. Homes averaged 65 days on market, which tells us buyers are still being deliberate — but they are clearly moving.

For sellers, this is encouraging news heading into the holiday season. A surge in closed sales means more buyers are stepping off the sidelines, likely motivated by slight improvements in mortgage rate conditions and a broader sense of market stability. If you own a home in established neighborhoods like Alamo Heights, Stone Oak, or Helotes, or in growing corridors along U.S. 281 and Loop 1604, the combination of rising prices and increased buyer activity works in your favor. Sellers in communities such as Converse, Schertz, and Cibolo — areas that attracted strong demand during the pandemic boom — are also seeing continued interest from buyers who want more space for their dollar east and northeast of the city.

That said, 65 days on market is a reminder that overpricing a home still carries real risk. Buyers in today's environment are informed, and they have enough inventory to compare. Homes that are priced accurately and presented well are the ones closing. Homes that start too high are sitting. If you are planning to list before the end of the year, now is the time to have a frank conversation with your agent about where your home realistically falls in today's market.

For buyers, the data offers a mixed but ultimately hopeful picture. Yes, prices are up. A median of $294,999 and an average of $349,012 reflect a market where San Antonio is no longer the bargain it once was compared to other Texas metros. But appreciation in the low single digits is far more sustainable than what this region experienced in 2021 and 2022, and 65 days on market means you generally have time to do your due diligence. You are less likely to face the kind of frenzied multiple-offer situations that defined earlier years. First-time buyers exploring more affordable ZIP codes on the south and west sides of the city, or families targeting school districts like Northside ISD or Southwest ISD, may find that patience and preparation go a long way right now.

Renters watching from the sidelines should take note of what rising sales volume typically signals. When more people are buying, rental inventory can tighten as landlords sell properties or convert units. If you are renting in areas like the near North Side, the Deco District, or close-in neighborhoods near downtown San Antonio, keep an eye on your local rental market. This is also a reasonable moment to run the numbers on whether buying makes sense for your situation, particularly if you have been building savings and plan to stay in San Antonio for several years.

For current homeowners not planning to sell anytime soon, modest appreciation is a healthy sign for long-term equity. A 1.6% rise in the median price is not going to change your life overnight, but it confirms that values are moving in the right direction and that the corrections some feared after the pandemic surge have not materialized in any dramatic way locally.

Zooming out, a 16.2% jump in closed sales in a single month is notable because it reflects genuine transaction activity, not just listing chatter. Closings are the scoreboard. They tell you that buyers qualified, inspections were passed, lenders funded loans, and title companies processed deeds. More than 2,000 of those transactions happened in Bexar County in October alone.

As we move deeper into November, the market will naturally slow with the holidays approaching. That is seasonal and expected. What matters is that October built real momentum, and sellers who act thoughtfully over the next several weeks can still benefit from it. The buyers who were active last month are not disappearing — many of them are still searching, still qualifying, and still ready to close before the end of the year.