San Antonio, TX – The San Antonio housing market continued to reflect balanced conditions in February, with steady pricing and expanding inventory offering buyers more choices, according to the February 2026 Multiple Listing Service (MLS) report from the San Antonio Board of REALTORS® (SABOR).
In February, 2,363 homes were sold, representing a modest 7% year-over-year (YoY) decrease. Pricing remained resilient as the average home price reached $360,124, a 3% YoY increase, while the median price rose to $299,900, up 4% YoY. The price per square foot averaged $170, showing no change year over year, indicating overall price stability across the market.
Inventory levels continued to provide buyers with additional options. Months of inventory reached 5.51, and homes spent an average of 102 days on the market, a 20% YoY increase, giving buyers more time to evaluate homes and negotiate. At the same time, 91.9% of homes sold close to their original list price, reflecting continued pricing discipline among sellers.
Listing activity showed mixed movement during the month. New listings totaled 4,018, an 11% YoY decrease, while active listings increased 6% to 15,081, contributing to expanded inventory. Pending listings measured buyer activity at 2,540, a 12% YoY decrease, reflecting more measured buyer activity. Rental demand remained steady, with 4,797 active residential rental listings, a 17% YoY increase, and an average residential rental price of $1,767.
“February’s data reflects a market that remains balanced while continuing to evolve,” said Ed Zapata, SABOR’s 2026 Chair of the Board. “While sales activity has moderated, steady price growth and increased inventory continue to give buyers and sellers flexibility. Working with a REALTOR® is key to understanding how these conditions create opportunities in today’s market.”
New Construction vs. Existing Home Trends
In February, both new construction and existing homes continued to reflect balanced market conditions as buyers navigated a wider selection of available properties. Existing homes continued to account for the majority of sales activity, while builders remained responsive to buyer demand by adjusting pricing strategies and incentives. These dynamics highlight how different segments of the market are adapting to evolving affordability considerations and inventory levels.
Key Market Highlights for February 2026
Close to Original List Price: 91.9% of homes sold close to their original list price, reflecting continued pricing discipline in the market.
Days on Market (DOM): Homes averaged 102 days on the market, a 20% year-over-year increase, giving buyers additional time to evaluate options.
Price Distribution:
16.43% of sales priced at $199,000 and below
67.99% of sales priced between $200,000 and $499,999
10.33% of sales priced between $500,000 and $749,999
5.25% of sales priced at $750,000–$1M+
Bexar County Market Trends
Bexar County continued to mirror broader San Antonio market trends in February, with moderated sales activity alongside stable price growth. Expanding inventory continues to provide buyers with more options and negotiating flexibility, while sellers benefit from steady demand across multiple price ranges.
Texas Real Estate Trends
Across Texas, housing markets continued to adjust as inventory levels and buyer demand shaped market conditions statewide. In February, 21,425 homes were sold, representing a 2.0% YoY decrease. The average home price increased to $415,871, up 1.6% YoY, while the median price was $329,200, reflecting a 0.2% YoY decrease. These figures highlight a statewide market that continues to rebalance while maintaining overall stability.
SABOR Multiple Listing Service Report: Home Sales Recap
| Feb 2024 | Feb 2025 | Feb 2026 |
Total Month | 2,697 homes | 2,407 homes | 2,363 homes |
Average Price | $ 348,961 | $ 356,165 | $ 360,124 |
Median Price | $ 295,000 | $ 289,995 | $ 299,900 |
*Percentage increases/decreases are based on a year-over-year comparison.
For more information, visit www.sabor.com.
210 Realty Group offers a wide range of Real Estate Services in metro San Antonio to help find your next forever home, sell your current home or expand your investment portfolio. Our agents have years of experience in and around San Antonio and are ready to tackle all your real estate needs. We know that buying & selling can be very stressful, which is why we cater our services to fit your specific needs. Give us a call today and see how 210 Realty Group can streamline the buying and selling process for you. We can help you determine what you should sell your current home for and what is a fair market price for your new home.
XAVIER TURPIN
210 Realty Group, LLC
Owner | Broker | Realtor® | Property Manager
xavier@210realtygroup.com | 210.593.8788