🏡 2025 San Antonio Real Estate Forecast: Growth, Opportunities, and Key Trends 🌟
- Deborah Hausmann
- Jan 31
- 4 min read
Like every January, I had the opportunity to attend the San Antonio Board of REALTORS® Housing Forecast, where industry experts highlighted key trends, projected market activity, and developments that will shape 2025. Here’s a comprehensive look at what’s happening in San Antonio and why it remains a sought-after destination for new residents and investors alike.
📊 San Antonio’s Housing Market Snapshot
✅ Balanced Inventory: The city has 4.7 months of inventory—a sign of a balanced market, with demand and supply in equilibrium. However, we are still experiencing the lowest inventory level since the mid-1990s, reflecting strong housing demand.
📉 Price Stability: After a 35% increase in home prices since 2019, resale prices are expected to appreciate modestly in 2025, without drastic spikes.
🏠 New vs. Pre-Owned Homes: Builders are narrowing the gap between new and resale homes by constructing smaller, more affordable properties. This ensures new homes remain competitive with resale options in terms of pricing. However, buyers still need to be mindful and approach every option by weighing in pros and cons. Depending on the neighborhood, pre-owned homes might still be a more affordable option regardless of incentives.
🚚 Who’s Moving to San Antonio and Why?
San Antonio continues to attract new residents from across the country, thanks to its affordability, job opportunities, and quality of life.
📍 Top 10 Cities People Are Relocating From:
1️⃣ Los Angeles, CA 🌴
2️⃣ Dallas, TX 🤠
3️⃣ Salt Lake City, UT 🏔️
4️⃣ Seattle, WA ☔
5️⃣ Washington, DC 🏛️
6️⃣ Houston, TX 🚀
7️⃣ San Francisco, CA 🌉
8️⃣ San Diego, CA 🌊
9️⃣ Chicago, IL 🌆
🔟 Austin, TX 🎸
🔑 Top Reasons for Moving:
🏢 Job Opportunities
💑 Life Changes (marriage, children, retirement)
🏡 Upsizing or Downsizing Homes
💰 Affordability Compared to Other Major Cities
📈 International Migration Impact: In 2024, population growth in San Antonio was significantly fueled by international migration, further enriching the city’s diversity and economic landscape.
💼 San Antonio’s Job Growth: A Strong Driver of Real Estate Demand
San Antonio’s booming job market is a major attraction for newcomers. The top five job growth sectors in 2024 were:
1️⃣ Health Care 🏥 (+18%)
2️⃣ Government 🏛️ (+14%)
3️⃣ Construction 🚧 (+11%)
4️⃣ Professional, Science & Tech Services 🧑💻 (+11%)
5️⃣ Food Services 🍽️ (+9%)
💰 San Antonio ranks 12th in the nation for job growth and 11th for high-income job growth, making it an excellent city for career growth and stability.
🏗️ New Home Market: Strong Performance, Incentives, and Trends
🏡 Market Trends: While entry-level home sales remain slow, the move-up market is thriving. 94% of brand-new quick move-in homes (QMI) are offering incentives like rate buy-downs or closing cost assistance.
🚀 San Antonio Outperforming: New home sales are returning to pre-pandemic levels (2019), with San Antonio’s new home market outperforming expectations.
💲 Affordable Options: Builders are responding to affordability challenges by designing smaller, less expensive homes, making new homes and pre-owned homes more comparable in price.
🏙️ San Antonio vs. Other Texas Cities
San Antonio remains the most affordable of Texas’s four major metros (Austin, Dallas, Houston, and San Antonio). However, post-pandemic growth has reshaped affordability, closing the price gap between these cities.
📍 San Antonio's Growth Rankings:
🔎 Buyer Insights for 2025
👨👩👧👦 Who’s Buying in 2025?
1️⃣ Millennials (Largest Buyer Group) 🎯
50% of Millennials will be move-up buyers in 2025.
Many are needs-based buyers, adjusting to life changes like marriage, kids, and career moves.
2️⃣ Baby Boomers (Second-Largest Buyer Group) 👴👵
Downsizing, relocating, and moving closer to family.
San Antonio ranks #15 on the “Baby Chaser Index”, meaning many Boomers are moving to be closer to their grandchildren.
🗳️ Post-Election Market Stability: Now that the election cycle is over, buyers and sellers are expected to feel more confident making real estate moves, so if you are planning on listing your house, this is a good time to do so.
🔮 Final Thoughts and 2025 Market Forecast
San Antonio’s real estate market remains a prime destination for buyers, sellers, and investors. With strong job growth, steady housing appreciation, and increasing demand, the city is well-positioned for a successful 2025.
📢 Key Takeaways:
✔️ Balanced market conditions with 4.7 months of inventory 🏠
✔️ New homes vs. resale homes now closer in price 💰
✔️ Population growth fueled by job opportunities & migration 🌎
✔️ San Antonio is now a TOP 5 city for new home starts 🚧
✔️ Millennials & Baby Boomers driving home sales 👨👩👧👦
Whether you’re a first-time homebuyer, a move-up buyer, or an investor, San Antonio continues to be one of the best places to live, work, and buy real estate in Texas.
Stay tuned as this vibrant city continues to evolve—2025 is shaping up to be an exciting year for San Antonio’s housing market! 🚀🏡
Ready to buy, sell or invest? Our Team at My Nest San Antonio is ready to be your partner!
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