April 2025 San Antonio TX Real Estate Market Cooling

We are seeing signs in the local market that home prices are declining. For example, in 78258, my home only increased in value by $8,000 from the previous year. If I were selling, I wouldn’t be thrilled! However, I recognize that for the benefit of younger buyers, it would be beneficial for home prices to drop. Plus, dropping home values will help San Antoniio investors to pick, up more under market value San Antonio properties, always a plus! Below is more information about the San Antonio real estate market for April 2025.

The San Antonio real estate market in April 2025 shows signs of shifting toward a buyer’s market, driven by rising inventory and slower price growth. Here are the key trends based on available data and reports:

Market Dynamics

Data from the San Antonio Board of Realtors (SABOR) for March 2025 indicates a transition from a seller-dominated market to one favoring buyers. Inventory levels are increasing, with a 30% rise in homes listed compared to the previous year, aligning with national trends where unsold single-family homes are up 33% year-over-year. This suggests more options for buyers and less pressure to bid aggressively.

Price Trends

Home values in San Antonio experienced a notable decline, with Zillow reporting a 2% year-over-year drop in March 2025, making it one of the top U.S. markets for price decreases. This softening is attributed to increased supply outpacing demand, which remains tempered by high mortgage rates.


Mortgage Rates and Affordability

Mortgage rates are a significant factor, hovering around 6.5% to 7% for a 30-year fixed loan, with Fannie Mae forecasting rates averaging 6.5% by year-end 2025. These elevated rates, coupled with economic uncertainty from trade policies and tariffs, are cooling buyer enthusiasm, leading to fewer home sales when rates exceed 7%.

New Construction and Inventory

Social media posts on X highlight a surge in both new construction and existing home inventory, with prices correcting downward. This is particularly evident in new developments, where supply is described as “skyrocketing.” However, well-located, high-quality properties continue to attract competitive bids, indicating a disparity between property types.

Sales Outlook

The National Association of Realtors predicts a 7-12% increase in existing-home sales nationwide for 2025 as buyers adjust to higher rates. San Antonio is expected to follow this trend, though local sales remain sensitive to rate fluctuation

Great Buy and Hold Cash Flow Deals Still Available for $45k in San Antonio

The San Antonio real estate market is very hot, with the median property sale averaging nearly $200,000 which is a big increase from 2012, according to recent statistics.

This heated up market has had an effect on the San Antonio real estate investing market, too. Back in 2012, I could buy many fixer uppers for $20,000 or $30,000, stick $10,000 into them, and resell with owner financing at $59,900.

Now it is more challenging for me to find cheap San Antonio fixer uppers. It is very rare that I can find an under market value San Antonio property in an acceptable neighborhood for $30,000.

That is the double edged sword of having a strong local economy: People have more money in their pockets and unemployment is low, which is great. On the other hand, San Antonio fixer uppers are more expensive than in the past.

On balance, I like the current market because working people in the city have more money and they have jobs, which is a good thing for them, their families, and the city as a whole.

I have recently been able to find under market value San Antonio properties for under $50,000, which still means that the San Antonio real estate investor can still make 12-14% ROI, which is excellent.

My favorite current strategy is to buy a fixer upper for about $45,000, do $25,000 in rehab, and then rent the property out to a section 8 renter. That way the San Antonio real estate investor does not have to chase rent, and I can usually get the house occupied and producing cash flow in 30 days.

Here is a great fixer upper to consider for this strategy:

Front

    • Address: 804 Virginia Blvd, San Antonio, TX 78203
    • Year Built: 1900
    • Description: Act fast – hot market and low under market value price! Serious cash flow on this San Antonio fixer upper! San Antonio wholesale property has 3 beds 1 bath, 900 sqft, built: 1900, Lot Size: .07 acres, Yearly taxes: $1,000.00, Estimated yearly insurance $600.00,
    • Estimated Repairs: includes interior paint, plumbing up to code, /bath updates,  Max ARV: 79K.
    • Cash Price: $45,000
    • Alternate Exit Strategy: Rent with 25K in repairs: $995.00 with section 8, no need to chase the monthly payment, San Antonio Housing Authority pays direct deposit to your account.

15% ROI Case Study on $25,000 Fixer Upper San Antonio Property

The San Antonio real estate market is hot, but there are still excellent, affordable San Antonio real estate investments available for the smart San Antonio wholesale property investor.

I found the property 1918 Santiago 78207 in an estate sale, and it was sold to a California investor for $25,000:

Entry

As you can see, this under market value property needed some work:

Front

However, it is located in a growing and revitalizing area just a few miles west of downtown. So, my out of state investment property investor bought it and put $25,000 of rehab into it:

  • Updated kitchen: Countertop, sink, fixtures, cabinets: $1200
  • HVAC: Installation of 3 ton A/C: $3800
  • Electric: Upgraded all exterior and interior fixtures, all plugs up to code: $2900
  • Interior finish: Sheet rock, paint, doors, trim, hardware, closets and cabinets: $4400
  • Bathroom: New toilet, vanity, mirror, tile/bath/shower walls: $1500
  • Flooring: Laminate flooring in living room and four bedrooms, tile in kitchen, bath, utility: $3650
  • Exterior finish: Paint, dry rotted wood replacement, re-stucco sides: $3300
  • 40 yard dumpster: $1200
  • Plumbing: Up to code: $2200
  • Microwave and vent: $850

The house sold in March 2016 for the following terms:

  • $74,700 final price
  • $750 per month including taxes and insurance
  • 10% interest
  • 30 year note
  • No pre-payment penalty
  • Total ROI: 15%

After rehab pictures:

photo1 photo2 photo4 photo8 photo9 photo10 photo12

This San Antonio real estate investor is making 15% per year on a $50,000 investment.