Rate competition in San Antonio: USAA Federal Savings holds the largest HMDA share, but Frost Bank consistently files lower average APRs for conforming San Antonio loans at 81% LTV and 43% DTI. Compare USAA Federal Savings and Frost Bank Loan Estimates before locking.
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%).
Mortgage Rate Trends in San Antonio: 2026
If you're shopping for a mortgage in San Antonio, it helps to understand the local market before you lock in a rate. 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), so prices have been roughly flat over the past year rather than swinging wildly. That kind of stability can work in your favor when you're planning your budget. How buyers finance those homes tells you something too. Among 2024 home-purchase loans on owner-occupied 1–4 unit homes in the metro (first liens, HMDA), conventional loans made up 35.5%, FHA 35.2% and VA 28.6%. That sizable FHA and VA share suggests plenty of San Antonio buyers are using lower-down-payment options to get in the door, so don't assume a conventional loan is your only path. One number that catches many newcomers off guard is property tax: Bexar County homeowners paid a median $4,535 a year in real estate taxes (Census ACS 2024 5-year). Since that affects your monthly escrow payment, factor it into your affordability math early, not after you've fallen for a house. Finally, rates and terms vary from one lender to the next, so gather several quotes, compare the fine print, and ask about all the fees before committing. A little legwork now can save you over the life of the loan.
San Antonio Mortgage Math: $295,000 Loan at Current Rates
Let's run the numbers on a $295,000 loan, the median 2024 home-purchase loan amount in the San Antonio–New Braunfels metro (HMDA). At a 30-year fixed rate hovering near current 2026 levels, your principal and interest payment lands in a manageable range that leaves room for the rest of your budget. But in Texas, the real story is the add-ons. Property taxes here run high compared to most states, and Bexar County is no exception, so your escrow portion can rival or exceed your interest cost in the early years. Homeowners insurance, with hail and storm risk factored in, also pushes the monthly figure upward. A buyer should expect the all-in payment to be considerably higher than the bare loan math suggests. Putting 20 percent down sidesteps private mortgage insurance entirely, while a smaller down payment adds that cost until you build enough equity. Always ask your lender for the full PITI breakdown before celebrating.
