San Antonio Real Estate Market 2023 | Trends, Predictions & Stats

2023 Housing Market Overview

San Antonio Real Estate Market 2023

San Antonio Real Estate Market Overview

Metro Population: 2.6 M

Median Household Income:$53000

Unemployment Rate:3.6%

Median Home Price*:$332,000

Median Monthly Rent*:$1,473

San Antonio Real Estate Market 2023 - Trends & Statistics

San Antonio, the seventh-largest city in the United States, is home to 1.4 million people in the city and nearly 2.6 million in its metropolitan area.

San Antonio’s population growth is one of the fastest in the U.S., with a population increase of more than 20% between 2010 and 2021. The city has a long history of growth and has been <ahref=”” target=”_blank”>listed among the country’s fastest-growing cities in terms of population since 2000.

San Antonio’s economy depends largely on tourism and military bases, which are located throughout the city. The largest military base in San Antonio is Fort Sam Houston, which houses about 100 different units at any given time and employs more than 46,000 personnel throughout its various sections.

The US Air Force Security Service Operations also operates out of San Antonio, as does NSA Texas—one of two NSA facilities outside Maryland or Virginia (the other being located at Lackland Air Force Base).

The city plays host to seven military installations: Randolph Air Force Base; Lackland Air Force Base; Brooks City-Base; Kelly Field Annex; Camp Bullis; Camp Stanley; Fort Sam Houston.

San Antonio is nicknamed “Cyber City, USA,” due to the fact that it has one of the highest concentrations of cyber security professionals in the country.

While San Antonio’s economy is diversified, the city has a high concentration of employment in government, education and health services. The city also has a considerable manufacturing base with companies such as Valero Energy Corporation and NuStar Energy L.P., which have their corporate headquarters in San Antonio.

In addition to its significant military presence, San Antonio has a strong local economy driven by its tourism industry, which includes attractions such as SeaWorld San Antonio and Six Flags Fiesta Texas.

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San Antonio News

  • One of the best US cities for travelers - Travel and Leisure magazine
  • One of the top 10 real estate markets to watch in 2023 - NAR
  • Listed as one of the best US cities for house flipping - Bob Vila

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