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Southtown’s Real Estate Market Is Shifting — Here’s What September’s Data Shows

+ Two Updated Southtown Homes For Sale
October 27, 2025

The Southtown housing market took a sharp turn in September 2025, marked by notable declines in both sales prices and market pace. The median sale price dropped significantly to $480,000—down from $715,000 in August—yet still stood $170,000 higher than the median across all of San Antonio. Similarly, the average sale price fell to $500,800, down from $730,000 the previous month, representing a second consecutive month of price declines.

Inventory remains high relative to demand. While the number of homes for sale dipped slightly from 53 in August to 46 in September, Southtown continues to experience an elevated housing supply. September's 10.4 months of inventory, though down from 13.8 in August, still far exceeds the citywide average of 5.7 months.

Days on market tell a more dramatic story. Homes took a median of 262 days to sell in September—up from 118 days in August—indicating buyer hesitation and sluggish movement in this high-end micro-market.

Yet despite slower movement, sellers appeared to concede less at the negotiating table. The median percentage of last list price received was 98.1% in September, up from 92.3% in August. It's worth noting that this figure doesn’t reflect initial list prices—many homes are repriced before finding a buyer.

Interestingly, the total dollar volume increased to $2.5 million, compared to $2.19 million in August, even with only five homes reported closing in September. Price per square foot held steady at $312, maintaining Southtown’s reputation as one of San Antonio’s most valuable districts.

This update is based on a one-month snapshot, unlike the broader three-month view used in August’s report. Still, the trend is clear—buyers are taking their time, and sellers may need to adjust their strategy heading into fall.

From First-Time Buyers to Elevated Living: Two Southtown Homes for Sale

Looking to stop renting and own a piece of Southtown? Consider 123 Kearney. Priced under $305,000, this charming 1900-era home offers two bedrooms, two full bathrooms, and off-street parking for two vehicles. The classic Southtown cottage exterior blends seamlessly with a fully updated interior, including modern finishes and an open layout ideal for everyday living. Asking $303,999.
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Ready to take the next step into historic luxury? Explore 205 E. Rische in the Nathan Historic District. This 1930 Folk Victorian underwent a full down-to-the-studs renovation with vaulted ceilings, custom design features, and upscale finishes throughout. Enjoy iconic Pioneer Flour Mill views from your front door and walk just three minutes to the Guenther House, King William, and the River Walk. Listed at $765,819.
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I’m working with lenders who are offering programs for reduced interest rates in Southtown, rate buy downs and up to 2.5% down payment assistance. In addition to rehabilitating Southtown properties, I’m also a trained Historic Home Specialist, Luxury Home Specialist and Strategic Pricing Advisor. I’m here to help with your Southtown Historic Home purchase or sale of your property. [email protected]

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