FHA loans made up 35.2% of 2024 home-purchase originations in the San Antonio–New Braunfels metro (HMDA), where the median existing single-family price was $316,500 in Q2 2026 (NAR, preliminary); FHA's minimum down payment is 3.5%. USAA Federal Savings's streamline FHA refinance is relevant within 12–18 months if rates drop; factor that flexibility into the USAA Federal Savings vs. Frost Bank comparison.
San Antonio, Texas: 2026 Market Data
📊 LOCAL MARKET DATA
- Median household income (San Antonio): $65,056
- Median existing single-family home price (San Antonio–New Braunfels metro, Q2 2026, preliminary): $316,500
- Price change, Q2 2026 vs Q2 2025: -0.3%
- FHA share of 2024 home-purchase loans (metro): 35.2%
- Conventional share of 2024 home-purchase loans (metro): 35.5%
- VA share of 2024 home-purchase loans (metro): 28.6%
- Median 2024 home-purchase loan amount (metro): $295,000
- Median real estate taxes paid by homeowners (Bexar County, ACS 2024 5-year): $4,535 a year
- Top local lenders: USAA Federal Savings, Frost Bank, JPMorgan Chase
Sources: U.S. Census Bureau, American Community Survey 2024 5-year (B19013 household income, San Antonio city; B25103 real estate taxes, Bexar County); National Association of REALTORS, Metropolitan Median Area Prices, Q2 2026 (released 2026-08-04); CFPB/FFIEC HMDA Data Browser, 2024 originations for the San Antonio–New Braunfels MSA (41700) that are home purchase, first lien, owner-occupied, 1–4 unit and site-built (31,528 loans; USDA 0.7%).
FHA Loans in San Antonio: 2026 Market Snapshot
If you're shopping for a home in San Antonio in 2026, FHA loans deserve a close look. They made up 35.2% of 2024 home-purchase loans on owner-occupied 1–4 unit homes in the metro (first liens, HMDA), nearly level with conventional loans at 35.5%, with VA at 28.6%. That tells you FHA financing is a well-traveled path in this city, but it's far from the only one worth considering. The median existing single-family home in the San Antonio–New Braunfels metro sold for $316,500 in the second quarter of 2026, 0.3% below a year earlier (National Association of REALTORS, preliminary). That price level is something to factor into your budget as you map out what you can comfortably afford. Don't forget the carrying costs either: Bexar County homeowners paid a median $4,535 a year in real estate taxes (Census ACS 2024 5-year), which adds up month to month and is easy to overlook when you're focused on the purchase price alone. When it comes to financing, a few lenders are active in the San Antonio area, including USAA Federal Savings, Frost Bank, and JPMorgan Chase. It's smart to gather quotes from more than one and read the fine print carefully before you commit. Comparing several offers side by side helps you understand your real options and find a loan that genuinely fits your situation.
Median Loan Amount in San Antonio: $295,000 and the Conforming Limit Question
With a median 2024 home-purchase loan of $295,000 in the metro (HMDA), San Antonio sits comfortably below the FHA and conforming loan ceilings, which means most local buyers never have to worry about bumping against those limits. That's a meaningful advantage. In higher-cost Texas markets, borrowers sometimes get squeezed between what they can afford and what a standard FHA loan will cover, forcing them toward bigger down payments or jumbo territory. Here, the typical purchase fits the FHA box neatly, leaving room for buyers eyeing slightly larger homes or properties in stronger neighborhoods. The conforming limit question usually only surfaces when someone targets a higher-end area like Terrell Hills or a custom build in the Hill Country fringe. For the vast majority of San Antonio FHA borrowers, the median loan size signals manageable monthly payments and easier qualification. It also reflects why the city remains a magnet for first-time buyers who'd be priced out elsewhere in Texas.
