Top 6 Reasons to Invest in San Antonio
Looking for real estate opportunities in 2022? Here are 6 reasons why it’s a smart choice to invest in San Antonio.
The past year’s U.S. housing market might best be described as “pedal to the metal.” Rapid growth in sales paces and home prices were driven by low-interest rates, pandemic-related issues, and an ever-evolving employment landscape. And while the nation’s housing market is expected to moderate a bit in 2022, it’s full steam ahead for uniquely positioned regions such as San Antonio.
What makes Alamo City so attractive for real estate investors? It’s that magic combination of home affordability, price appreciation, population growth, beautiful rental properties, and authentic quality of life that has defined the city’s character for decades.
If you’re in the market for real estate, here are 6 reasons why now is the best time to invest in San Antonio.
Price appreciation and home affordability are a winning combination in San Antonio.
Looking at the year ahead, the National Association of Realtors (NAR) listed San Antonio as one of the “top 10 hidden gem housing markets.” According to the NAR, the San Antonio-New Braunfels, Texas region is one of the areas projected to shine in 2022 due to “strong underlying housing market fundamentals” and resilient home values. In the study, “gems” were identified based on an assessment of the median-home-price to median-family-income ratio as it related to seven drivers of supply and demand. With favorable property values and market conditions expected to continue in 2022, this report card bodes well for those looking to invest in San Antonio.
The population growth is epic.
In the NAR study, the San Antonio metro area was second only to Dallas in net domestic migration during 2020. Much of the city’s population growth—as of 2020, recording a 4.8% increase over a 3-year period—is driven by San Antonio’s relatively low median home value of $227,684, especially when compared with other Texas markets such as Austin ($410,653), Dallas ($293,976), and Houston ($245,098).
As the seventh most populated city in the U.S., San Antonio has a long history of growth, often listed among the country’s fastest-accelerating markets in terms of population. When compared to the national average, these population-related statistics are another good sign that your real estate investment will pay off in the popular San Antonio market.
Jobs, jobs, jobs – and good pay, too.
San Antonio’s diverse employment market fuels a healthy economy, with workers having access to jobs ranging from military and defense operations to renewable energy, education, manufacturing, and more, it’s easy to make a fortune. US News & World Report cites a “thriving job market” in San Antonio, anchored by leading companies such as the Southwest Research Institute, Valero Energy Corporation, and Toyota, along with military bases that include Lackland Air Force Base, Fort Sam Houston, and Joint Base San Antonio. In addition, the city’s renowned culture and historic legacy support a variety of jobs in hospitality, tourism, and services.
Most importantly, San Antonio continues to be a market characterized by job growth. In fact, a Stessa report shows that San Antonio-New Braunfels, TX ranks at #7 among major U.S. metro areas that showed the most growth in high-paying jobs—outperforming all other Texas cities. These statistics tell the story:
- Percentage change in six-figure jobs (2015–2020): +163.0%
- Total employment in six-figure jobs (2020): 56,780
- Total employment in six-figure jobs (2015): 21,590
With high-paying jobs helping to support home affordability in San Antonio, this thriving employment environment sends another positive signal for those thinking of investing in San Antonio’s real estate market.
The vibe here is real.
The mere mention of San Antonio conjures up images of iconic missions, adventurous heroes, and a rich, down-to-earth Southwest culture. In authentic style, this destination city is a magnet for new residents each year, drawing people in with its lively downtown district, historic landmarks, and surrounding attractions.
The San Antonio River Walk has been a tradition in the Alamo City since 1972. With trails that wind through downtown San Antonio and the historic market square, River Walk is a scenic link to restaurants, shopping, museums, and more. The activity doesn’t stop there – the welcoming vibe continues in beloved neighborhoods throughout the city, such as the Pearl, known for its farmers market, plaza, unique eateries, pubs, and eclectic sites.
When it comes to evaluating a city’s real estate investment potential, don’t underestimate the power of this strong cultural atmosphere. The iconic foods, sites, and experiences aren’t just for tourists—they are woven into everyday life in San Antonio. When combined with excellent schools, jobs, and home values, this is a quality of life that moves people.
San Antonio has something for everyone.
Regardless of your background or interest, you’re sure to find something to love in San Antonio. Foodies have daily access to the kind of bucket-list-worthy cuisine that people plan whole vacations around, including authentic Mexican food, southwest favorites, and more. Six Flags Fiesta Texas, SeaWorld Antonio, and a variety of parks and zoos put everyday fun within reach for entertainment enthusiasts. Interested in sports? Check out some of our favorites – you’ll find everything from high school athletics to pro sports. History buffs and lifelong learners will have access to a plethora of museums and landmarks (did we mention the Alamo?), along with numerous educational institutions that include the University of Texas at San Antonio and San Antonio College, winner of the 2021 Aspen Prize for community college excellence. For those who invest in San Antonio, this diverse landscape of culture, education, and opportunity is the icing on the cake.
A new home is a good value in San Antonio.
Whether you’re an apartment dweller ready to purchase your own place, a move-up buyer seeking a single-family residence, or a real estate entrepreneur, it’s a smart choice to invest in a new home in San Antonio. Long-established regional builders such as Hakes Brothers offer new homes in San Antonio specially designed for function, style, and long-term value. With more choices, more features, and more opportunities for customization, an experienced builder will help you navigate the home sales process to get the most from your real estate investment. Start the process now by getting prequalified and then learn all you can about mortgage rates and terms, including significant VA benefits for those who qualify.
Thinking of investing in real estate? With rising prices and interest rate fluctuations on the horizon, there’s no reason to wait. Now is the perfect time to invest in San Antonio.