Alamo Heights, San Antonio, TX—78209
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Alamo Heights, San Antonio, TX
As of Oct '25, the median home price in Alamo Heights, San Antonio, TX is $464,000, with a year-over-year change of -1.6%. This indicates that home prices in Alamo Heights, San Antonio, TX are decreasing. According to Zillow, the 1-year price projection is -0.6%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $464,000 | -1.6% |
| Single Family | $523,000 | -1.7% |
| Condos | $222,000 | -2.2% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $129,000 | 0.0% |
2 Bed | $268,000 | -1.8% |
3 Bed | $483,000 | -1.8% |
4 Bed | $818,000 | 0.0% |
| 5 Bed | $1,310,000 | 1.6% |
% of Housing Stock
Rental Trends — Alamo Heights, San Antonio, TX
As of July '25, Rentcast reports the average rent in Alamo Heights, San Antonio, TX is $1,990, with a year-over-year rent change of 1.0%. Per bedroom, the median rent as of July '25 in Alamo Heights, San Antonio, TX is studios: $1,020, 1-bedrooms: $1,280, 2-bedrooms: $1,860, 3-bedrooms: $2,750, 4-bedrooms: $3,110. The most common rental property sizes in Alamo Heights, San Antonio, TX are 1-bedroom and 2-bedroom, accounting for 44.1% and 36.2% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,680 | $1,990 |
| Studio Rent | $929 | $1,020 |
| 1 Bed Rent | $1,180 | $1,280 |
| 2 Bed Rent | $1,580 | $1,860 |
| 3 Bed Rent | $2,650 | $2,750 |
| 4 Bed Rent | $3,000 | $3,110 |
% of Rental Stock
Property Listings — Alamo Heights, San Antonio, TX
As of Oct '25, Realtor.com reports that the median days on market for a home in Alamo Heights, San Antonio, TX is 88. This is a increase of 4.0% from last year, suggesting that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 29.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $475,000 | 5.0% |
Listing Count | 366 | 8.0% |
| Listings as % of Homes | 0.8% | 8.0% |
Days on Market | 88 | 4.0% |
Demographics — Alamo Heights, San Antonio, TX
As of the latest ACS Survey released in 2023, Alamo Heights, San Antonio, TX has a population of 43,400, which has increased by 3.1% over the past 5 years. Alamo Heights, San Antonio, TX is a moderately popular place for families, as children make up 21.2% of the population. The area has a highly educated workforce, with 62.4% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 14.0% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 43,400 | 3.1% |
% Under 18 | 21.2% | 1.4% |
% Seniors | 16.1% | -10.1% |
% WFH | 14.0% | 185.7% |
% w/ College Degree | 62.4% | 5.2% |
As of the latest ACS Survey released in 2023, Alamo Heights, San Antonio, TX is a predominantly white area, with 59.0% of the population identifying as white. The white population has shrunk by 7.5% in the last 5 years. The second most common race or ethnicity in Alamo Heights, San Antonio, TX is hispanic, making up 30.1% of the population. Foreign-born residents account for 9.4% of the population in Alamo Heights, San Antonio, TX, and this percentage has increased by 16.0% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 59.0% | -7.5% |
% Black | 3.7% | 5.7% |
% Hispanic | 30.1% | 2.7% |
% Asian | 2.7% | 50.0% |
% Foreign Born | 9.4% | 16.0% |
Mortgage and Risk — Alamo Heights, San Antonio, TX
According to HUD data as of 2023, there were 581 mortgage originations in Alamo Heights, San Antonio, TX, of which 88.0% of loans were conventional mortgages. The average loan-to-value was 65.0%, with 23.0% above 90% LTV (very high). This implies large mortgage risk in Alamo Heights, San Antonio, TX. Investor activity is low, as 3.0% of loans were by investors. 14.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 581 |
% Conventional Loans | 88.0% |
% Government Loans | 12.0% |
% Investor Loans | 3.0% |
% Second Loans | 3.0% |
% Cash Out Refinance | 14.0% |
Loan Activity
Rentals and Section 8 — Alamo Heights, San Antonio, TX
As of 2024, the percent of homes in Alamo Heights, San Antonio, TX under the Section 8 program is 3.6%. This is considered low, suggesting that the neighborhood is sparsely composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. 1-bedroom and 2-bedroom units appear to be good home sizes to consider for Section 8 housing in Alamo Heights, San Antonio, TX, because HUD payments exceed market rent, while 3-bedroom and 4-bedroom units do not.
Section 8 Market Size
Total Units under HUD | 385 |
Total Units Section 8 | 367 |
% Rentals under Section 8 | 3.6% |
% Occupied Section 8 | 84.5% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $210 | $1,180 | $1,390 |
| 2 Bedroom | $110 | $1,580 | $1,690 |
| 3 Bedroom | -$500 | $2,650 | $2,150 |
| 4 Bedroom | -$470 | $3,000 | $2,530 |
Affordability — Alamo Heights, San Antonio, TX
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 5.4 |
| Median Home Price | $464,000 |
| Median Household Income | $84,200 |