Lackland AFB, San Antonio, TX—78227
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Lackland AFB, San Antonio, TX
As of Oct '25, the median home price in Lackland AFB, San Antonio, TX is $162,000, with a year-over-year change of -6.1%. This indicates that home prices in Lackland AFB, San Antonio, TX are decreasing. According to Zillow, the 1-year price projection is -1.4%, suggesting a decrease housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $162,000 | -6.1% |
| Single Family | $162,000 | -5.8% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $129,000 | -5.1% |
3 Bed | $158,000 | -6.0% |
4 Bed | $191,000 | -4.0% |
| 5 Bed | $227,000 | -3.0% |
% of Housing Stock
Rental Trends — Lackland AFB, San Antonio, TX
As of July '25, Rentcast reports the average rent in Lackland AFB, San Antonio, TX is $1,400, with a year-over-year rent change of 0.0%. Per bedroom, the median rent as of July '25 in Lackland AFB, San Antonio, TX is studios: $599, 1-bedrooms: $828, 2-bedrooms: $1,060, 3-bedrooms: $1,620, 4-bedrooms: $1,660. The most common rental property sizes in Lackland AFB, San Antonio, TX are 3-bedroom and 2-bedroom, accounting for 37.8% and 29.3% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,480 | $1,400 |
| Studio Rent | $599 | $599 |
| 1 Bed Rent | $800 | $828 |
| 2 Bed Rent | $999 | $1,060 |
| 3 Bed Rent | $1,600 | $1,620 |
| 4 Bed Rent | $1,590 | $1,660 |
% of Rental Stock
Property Listings — Lackland AFB, San Antonio, TX
As of Oct '25, Realtor.com reports that the median days on market for a home in Lackland AFB, San Antonio, TX is 37. This is a decrease of -15.0% from last year, suggesting that homes are sitting on the market shorter than last year. The percentage of listed homes with a reduced price is 33.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $206,000 | 0.0% |
Listing Count | 116 | 17.0% |
| Listings as % of Homes | 0.4% | 17.0% |
Days on Market | 37 | -15.0% |
Demographics — Lackland AFB, San Antonio, TX
As of the latest ACS Survey released in 2023, Lackland AFB, San Antonio, TX has a population of 44,100, which has decreased by -11.7% over the past 5 years. Lackland AFB, San Antonio, TX is a popular place for families, as children make up 27.4% of the population. The area has a poorly educated workforce, with 9.5% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 5.4% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 44,100 | -11.7% |
% Under 18 | 27.4% | -9.6% |
% Seniors | 11.4% | 0.9% |
% WFH | 5.4% | 184.2% |
% w/ College Degree | 9.5% | 23.4% |
As of the latest ACS Survey released in 2023, Lackland AFB, San Antonio, TX is a predominantly hispanic area, with 82.8% of the population identifying as hispanic. The hispanic population has grown by 1.0% in the last 5 years. The second most common race or ethnicity in Lackland AFB, San Antonio, TX is white, making up 9.1% of the population. Foreign-born residents account for 15.1% of the population in Lackland AFB, San Antonio, TX, and this percentage has increased by 17.1% 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 | 9.1% | -17.3% |
% Black | 5.4% | -3.6% |
% Hispanic | 82.8% | 1.0% |
% Asian | 1.1% | -15.4% |
% Foreign Born | 15.1% | 17.1% |
Mortgage and Risk — Lackland AFB, San Antonio, TX
According to HUD data as of 2023, there were 294 mortgage originations in Lackland AFB, San Antonio, TX, of which 59.0% of loans were conventional mortgages. The average loan-to-value was 71.0%, with 46.0% above 90% LTV (very high). This implies large mortgage risk in Lackland AFB, San Antonio, TX. Investor activity is low, as 6.0% of loans were by investors. 19.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 294 |
% Conventional Loans | 59.0% |
% Government Loans | 41.0% |
% Investor Loans | 6.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 19.0% |
Loan Activity
Rentals and Section 8 — Lackland AFB, San Antonio, TX
As of 2024, the percent of homes in Lackland AFB, San Antonio, TX under the Section 8 program is 13.0%. 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. In Lackland AFB, San Antonio, TX, all tracked home sizes have HUD payment amounts above market rent, suggesting strong Section 8 opportunity across the board.
Section 8 Market Size
Total Units under HUD | 788 |
Total Units Section 8 | 788 |
% Rentals under Section 8 | 13.0% |
% Occupied Section 8 | 82.1% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $240 | $800 | $1,040 |
| 2 Bedroom | $271 | $999 | $1,270 |
| 3 Bedroom | $10 | $1,600 | $1,610 |
| 4 Bedroom | $310 | $1,590 | $1,900 |
Affordability — Lackland AFB, San Antonio, TX
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.8 |
| Median Home Price | $162,000 |
| Median Household Income | $48,000 |