Canyon Springs, San Antonio, TX78260

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$521,000
0.6% YoY Growth
Median Household Income
$151,000
31.0% 5-Year Growth
Days on Market
57
18.0% Longer than last year
Home Price Forecast
-1.1%
Median Rent
$2,100
18.2% YoY Growth
1-Bed Rent
$1,250
1.7% YoY Growth
2-Bed Rent
$1,700
7.6% YoY Growth
3-Bed Rent
$2,200
1.3% YoY Growth

Property Listings — Canyon Springs, San Antonio, TX

As of Aug '25 and according to Realtor.com, the median days on market for a home in Canyon Springs, San Antonio, TX is 57. This is an increase of 18.0% from last year. This indicates that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 47.0%. This is a large percentage of inventory, suggesting a lot of supply pressure on home prices.

MetricZip Code AverageYear over Year % Change
Median Listing Price
$562,0001.0%
Listing Count
337N/A
Listings as % of Homes1.3%N/A
Days on Market
5718.0%
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Demographics — Canyon Springs, San Antonio, TX

MetricLatest CensusYoY % Change
Population
37,40035.0%
% Under 18
27.9%-10.6%
% Under 5N/AN/A
% Seniors
13.7%29.2%
% WFH
19.7%129.1%
% w/ College Degree
59.1%11.1%
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Race and Ethnicity

MetricLatest Census5-Year % Change
% White
49.4%-18.3%
% Black
4.9%36.1%
% Hispanic
35.0%19.9%
% Asian
6.6%24.5%
% Foreign Born
15.4%54.0%
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Mortgage and Risk — Canyon Springs, San Antonio, TX

According to the latest data from the U.S. Department of Housing and Urban Development (HUD) as of 2023, the number of mortgages originated in Canyon Springs, San Antonio, TX in that year was 950. 73.0% of all primary home loans were conventional, the remainder were government-backed loans, such as FHA loans. The average loan-to-value for all loans was 66.0%. Of those, 30.0% were >90% loan to value. This is considered very high, suggesting that mortgage risk is large in Canyon Springs, San Antonio, TX. Investor activity in Canyon Springs, San Antonio, TX is low, as 0.0% of all loans are originated by investors. In 2023, 13.0% of all loans were cash-out refinances, suggesting many homeowners are actively tapping their home's equity.

Mortgages

MetricZip Code AverageMetro AverageState Average
Total Loan Originations
950N/AN/A
% Conventional Loans
73.0%N/AN/A
% Government Loans
27.0%N/AN/A
% Investor Loans
0.0%N/AN/A
% Second Loans
1.0%N/AN/A
% Cash Out Refinance
13.0%N/AN/A
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Rentals and Section 8 — Canyon Springs, San Antonio, TX

As of 2024, the percent of homes in Canyon Springs, San Antonio, TX under the Section 8 program is 1.6%. This is considered low, suggesting that the neighborhood is sparsely composed of Section 8 homes. Section 8 opportunity is good when HUD pays homeowners more than the average rental market rate for various home sizes. For each bedroom size, the average difference between HUD payments and market rents is shown in the table below.

Section 8 Market Size

Total Units under HUD
34
Total Units Section 8
34
% Rentals under Section 8
1.6%
% Occupied Section 8
82.0%

Section 8 Opportunity

Home SizeHUD PremiumMarket RentMax HUD Rent
1 Bedroom$600$1,250$1,850
2 Bedroom$550$1,700$2,250
3 Bedroom$660$2,200$2,860
4 Bedroom$560$2,800$3,360

Affordability — Canyon Springs, San Antonio, TX

Home Price to Income Ratio

MetricZip Code AverageMetro AverageState Average
Home Price to Income Ratio3.4N/AN/A
Median Home Price$521,000N/AN/A
Median Household Income$151,000N/AN/A

Canyon Springs, San Antonio, TX — ZIP Code Boundary Map

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