May home sales increased nearly 5% compared to the same month last year, making it one of the strongest months for home sales so far in 2026, according to the San Antonio Board of Realtors (SABOR).<\/p>\n
The increase comes during the spring homebuying season, which is typically the strongest period of the year for residential sales.<\/p>\n
\u201cWe\u2019re seeing increased sales activity alongside healthy inventory levels, which gives consumers more flexibility and confidence in their decision-making process,\u201d said Ed Zapata, SABOR\u2019s 2026 chairman. \u201cSan Antonio continues to stand out as a market that offers both value and long-term stability.\u201d<\/p>\n
Zapata said some buyers remain cautious because of affordability concerns and uncertainty about interest rates, even as increased inventory gives buyers more choices.<\/p>\n
\u201cConcerns about affordability, monthly payment costs and uncertainty about future interest rate movements continue to influence purchasing decisions,\u201d Zapata said.<\/p>\n
The median home price in San Antonio fell 1% from May of last year to $306,000. Sellers received nearly 93% of their original list price, on average. The average time a home spent on the market was 83 days, up 15% from last year.<\/p>\n
Existing-home sales continue to outperform new-home construction as inventory grows and prices remain relatively stable, SABOR reported.<\/p>\n
The rental market also remained active, with an average monthly rent of $1,863.<\/p>\n
Across Texas, home sales increased by a little more than 1% in May compared to a year earlier. The statewide median home price rose just over 1% to nearly $345,000. <\/p>\n