As of December 2023, the median sale price of a home in San Antonio was $269K showing a slight decrease of 2.2% compared to last year. However, the average price has shown a steady 2% year-over-year increase, reaching $375,845. 

Homes in San Antonio are selling after an average of 54 days (about 2 months) on the market a bit longer compared to 46 days last year. Despite a slight dip in total sales, opportunities abound across various market segments. Now, let's talk about affordability. A household in San Antonio should make $87,273 a year to afford a house at the median home sale price of $319,990. However, San Antonio households make a median income of $55,084.  While these numbers might seem daunting, remember that there are resources available to help you navigate the home buying process.

Reach out to your local real estate professional for personalized advice at (210)-393-4414 or visit us at onthemarkappraisalstx.com.