San Antonio Housing Market — 2026 Reality Check
The median home price in San Antonio is $298,000. At today's rates (7.0%), an 80% conventional loan on that home costs $1,586/month in principal and interest alone — before taxes, insurance, and HOA.
To qualify under standard bank underwriting (28% front-end DTI), you need a gross income of at least $63,000/year. The median household income in San Antonio is approximately $62,000/year — putting the price-to-income ratio at 4.8×.
Median Home Price$298,000
20% Down Payment$59,600
3.5% FHA Down Payment$10,430
Est. Monthly Payment (80% LTV)$1,586/mo
Salary Needed (28% DTI)$63K+/year
Price-to-Income Ratio4.8× median income
FRC Buyer Demand ScoreCOLD
Current Mortgage Rate Est.7.0%
Frequently Asked Questions
What salary do I need to buy a home in San Antonio?
Based on the median San Antonio home price of $298,000 and standard 28% front-end DTI ratio, you need a gross income of at least $63,000/year to qualify for a conventional mortgage. With existing debt obligations (car payments, student loans), you may need more.
Is San Antonio a buyer's or seller's market in 2026?
Based on FRC Buyer Demand data from active listings, San Antonio is currently showing COLD demand. This means buyers have significant negotiating leverage — homes are sitting longer and sellers are reducing prices.
What is the down payment for a home in San Antonio?
For the median San Antonio home ($298,000): 20% conventional down payment = $59,600. FHA minimum 3.5% down = $10,430. FHA requires a credit score of 580+. Conventional loans typically require 620+.