This Week in San Antonio
San Antonio Median Home Price Falls 3.1% Year Over Year to $310,000
According to a Homes.com report released June 30, San Antonio's median home price dropped to $310,000 in May, placing the metro 39th out of the nation's 40 largest housing markets for annual price appreciation. Only San Jose posted a steeper year-over-year decline. The data confirms a trend that has been building through the first half of 2026.
San Marcos Becomes First Texas City to Ban Data Centers Citywide
In a 4-3 vote, San Marcos banned data centers across the entire city, citing strain on local water and energy infrastructure. State Senator Paul Bettencourt has vowed a legal challenge, framing the ordinance as a test of home-rule authority under new state limits. The decision has regional implications as South Central Texas cities weigh growth against infrastructure capacity.
World Cup Knockout Rounds Draw Attention as July 4 Weekend Arrives
The FIFA World Cup knockout stage is underway this week, overlapping with the July 4 holiday weekend across San Antonio. Local organizations are also marking the holiday with service initiatives — RBFCU launched its "Stars, Stripes & Service" drive to address hunger across Texas.
Haven for Hope and San Antonio Missions Partner on Shoe Drive
Haven for Hope and the San Antonio Missions have teamed up to collect shoes for neighbors in need, with each donation earning donors a free ticket to a future Missions game. The partnership connects a local sports franchise with one of the city's largest homeless service organizations.
New Initiative Aims to Help Descendants of San Antonio Missions Uncover Indigenous Roots
A newly launched local initiative is working to connect descendants of the San Antonio Missions with their Indigenous heritage, aiming to surface contributions and histories that have largely been excluded from mainstream historical accounts. Organizers say the project addresses a gap in how the city's founding history is understood and documented.
Real Estate Market
The midyear picture for San Antonio real estate is one of measured softness, not distress. The median sale price sits around $260,000 to $310,000 depending on the data source and timeframe, down roughly 2.6% to 3.1% year over year. Homes are averaging somewhere between 73 and 98 days on market depending on the segment, and new construction prices have been drifting down month over month — the average new home in the metro came in at $333,952 in the most recent reporting period, a decline from the prior month. Inventory has climbed. That combination — more supply, longer days on market, modest price softness — is the clearest signal of where negotiating leverage sits right now, and it sits with buyers.
The luxury segment makes that point most sharply. With 819 active listings against just 90 closed sales in May, and a sales-to-list ratio of 92.1%, the upper end of the market is carrying real inventory weight. That doesn't mean the right property won't command a premium — it means buyers have room to be deliberate. Sellers pricing to 2024 comparables are finding that the market has moved on. Properties that are priced accurately are still selling; those that aren't are sitting and often netting less after carrying costs than a well-priced listing would have from the start.
The longer view remains constructive. Texas metros including San Antonio are projected to see 3–5% annual appreciation through 2031, and the city continues to attract relocating buyers priced out of Austin and Dallas. San Antonio's affordability advantage over those markets is real and persistent. Population growth continues to outpace housing starts statewide, which supports long-term demand even as the short-term picture favors buyers. For anyone trying to time the market precisely, the more useful frame is probably this: conditions today are more favorable for buyers than they've been in several years, and that window is worth taking seriously.