San Antonio Home Prices Climb to $299,900 as Market Slows in February 2026

The San Antonio Board of Realtors released its February 2026 market report, and the numbers tell an interesting story. Prices are up, sales are down, and buyers have more choices than they did a year ago. Whether you are buying, selling, renting, or simply keeping an eye on your home's value, understanding what is happening in the local market can help you make smarter decisions.

According to SABOR, 2,363 homes sold across the San Antonio area in February 2026, a decline of about 7% compared to February 2025. At the same time, the median sale price rose 4% to $299,900, and the average sale price climbed 3% to $360,124. Homes averaged 102 days on market, and there were 5.51 months of inventory available. That last number is particularly significant — most real estate professionals consider a balanced market to be around five to six months of supply, which means San Antonio is sitting right at that line between favoring buyers and favoring sellers.

If you are shopping for a home right now, this market is genuinely working in your favor. With 102 days as the average time a home sits before selling, you have real room to be thoughtful. You are less likely to face the frantic multiple-offer situations that defined the market a couple of years ago. Whether you are looking in Helotes, Converse, Schertz, or closer in to neighborhoods like Alamo Heights, Mahncke Park, or Stone Oak, the broader trend is that sellers are increasingly willing to negotiate on price, closing costs, and repairs. A median price of $299,900 also keeps San Antonio competitive compared to many other major Texas metros, which continues to attract relocating buyers.

That said, buyers should not mistake a slower market for a buyer's free-for-all. Well-priced homes in desirable school districts — areas served by Northside ISD, North East ISD, Comal ISD, and Judson ISD, for example — still attract steady interest. If a home in a top-rated school zone is priced correctly and in good condition, it is not going to sit for 102 days. Be ready to move when the right property shows up.

For sellers, honesty matters more than optimism right now. Prices have not dropped — a 4% increase in the median is genuinely good news for your equity — but the days of listing a home and watching offers roll in over a weekend are largely behind us in this cycle. With 5.51 months of inventory, buyers have options, and they know it. Homes that linger on the market often do so because of pricing that does not match current conditions or because of deferred maintenance that shows up during inspections.

If you are preparing to list in communities like New Braunfels, Universal City, or Boerne, or in established San Antonio neighborhoods like Terrell Hills, Olmos Park, or the 78209 and 78230 ZIP codes, work with your agent to price realistically from day one. A strategic price point, strong photography, and a home that shows well will still produce results. Coming in too high and chasing the market down with reductions almost always costs more time and money than pricing right at the start.

Renters are navigating their own set of pressures. The average rent across the San Antonio area stands at $1,767 per month. For renters weighing whether to continue renting or take the leap into homeownership, the math is worth running carefully. With a median home price of $299,900 and current interest rates, monthly ownership costs — including principal, interest, taxes, and insurance — can look very different depending on your down payment and loan type. If you are renting in areas like Live Oak, Leon Valley, or along the 1604 corridor and have been building savings, this slower market may present an opening worth exploring with a lender.

For existing homeowners who are not planning to sell, the 4% price appreciation is a reminder that San Antonio real estate has continued to build value even as volume has pulled back. Your equity is likely in better shape than you might assume given all the talk of a slower market. If you have been considering refinancing, making improvements, or tapping equity for other goals, a current market analysis from a local agent can give you a clearer picture of where your specific home stands.

Spring is arriving, and historically the San Antonio market sees more activity as the weather warms and families position themselves ahead of the summer school transition. Whether that momentum shifts the balance of this market in the months ahead remains to be seen. What we know today is that prices are holding, inventory is healthy, and there is genuine opportunity on both sides of the transaction for people who go in well-informed and well-prepared.

If you have questions about what these numbers mean for your specific situation — your neighborhood, your price range, your timeline — we are here to help you think it through.