Southtown continues to showcase its unique identity within the San Antonio housing market—marked by a strong sense of place, premium price per square foot, and selective buyer activity. August 2025 delivered a mixed yet telling picture of what’s unfolding in this artsy, walkable district just south of downtown.
Stable Inventory, but Slower Sales
The number of homes for sale in August held steady at 52, virtually unchanged since May. This stable inventory contrasts sharply with the high number of days homes are now sitting on the market: 93 days median DOM, up 67% from July. It’s the longest time on market all year, pointing to more cautious buyer behavior or potential misalignment between pricing and buyer expectations.
At the same time, closed sales remained low but consistent, with 13 homes sold in August—matching the pace seen since February. It’s a slow burn, not a spark.
Home Prices: Resilient and Rising in Key Metrics
Despite cooling momentum in transaction volume, home values are holding strong. The median sale price in August was $499,000, staying flat since May and reflecting remarkable stability following a nearly $100K drop from April.
Even more notable, average sale prices jumped 20% since June, hitting $589,333. Price per square foot also continued its upward climb—$313 in August, up 10.6% since May, placing Southtown among San Antonio’s most expensive neighborhoods on a per-square-foot basis.
Historically, Southtown has seen price spikes and dips—from a high of $783,500 in November 2024, to a low of $507,200 in February 2025, and a spike again in April at $655,000. August’s steadiness could suggest a return to long-term equilibrium.
Lingering Listings, High Inventory
With 14 months of supply, Southtown has one of the highest inventory levels in San Antonio. The metro average is 5.7 months—less than half. This points to a buyer’s market on paper, but Southtown’s character-rich homes and high walkability often defy broader regional trends.
Buyers are still closing at 98% of the last listed price, which doesn’t necessarily reflect the original price if sellers adjusted mid-listing. It’s a reminder that savvy pricing remains key.
Takeaway: A Market Balancing History, Design, and Patience
Southtown continues to attract buyers who appreciate architectural character and an urban lifestyle. While listings linger longer and sales volume is low, price metrics reflect the neighborhood’s enduring appeal. Whether you’re buying or selling, patience and precision are essential in today’s Southtown market.
This report uses data from InfoSparks and the LERA MLS via the San Antonio Board of REALTORS® (SABOR). Figures reflect traditional, preowned single-family homes in the Southtown geographic area.
