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San Antonio ranked among the metros with the most price cuts, showing buyer leverage improved as higher mortgage costs cooled housing activity in 2026.
In the most recent four weeks, ~27% of San Antonio active listings posted price cuts, above the national share of ~21% during that stretch.
San Antonio also saw a slight yearly increase in price cutting, with the share rising by <1 percentage point from the comparable period.
Across the housing market, price cuts became more common as mortgage rates moved above ~7%, a backdrop that left more homes sitting unsold.
An economist said many sellers eventually cut prices after facing high borrowing costs, economic uncertainty, and homes lingering on the market longer.