San Marcos Housing Market Update – May 2026

If you’re wondering what’s happening in the San Marcos real estate market, the latest numbers show a market that is becoming more balanced and offering opportunities for both buyers and sellers.

Inventory continues to increase, with a 6.16–month supply of homes available. That’s up 13% from the previous month and 8% compared to this time last year. More inventory means buyers have additional choices and a little more time to make decisions, while sellers may need to be more strategic with pricing and presentation to stand out.

The median sold price in May was $320,085, down 3% from the previous month. While prices have softened slightly, homes are still selling at an average of 97.52% of their list price, indicating that well-priced homes continue to attract serious buyers.

Homes spent a median of 58 days on the market in May, a 35% increase from the previous month. This longer marketing period reflects the increased inventory and gives buyers greater negotiating power than we’ve seen in recent years.

Currently, there are 567 active listings in the San Marcos market with a median active list price of  $339,777. Whether you’re a first-time buyer looking to enter the market or a current homeowner considering a move-up purchase, today’s conditions may provide opportunities that were difficult to find during the highly competitive markets of the past few years.

One of the many reasons buyers continue to choose San Marcos is the community itself. From the vibrant downtown area and Texas State University to the beautiful San Marcos River and easy access to Austin and San Antonio, San Marcos offers a unique blend of recreation, convenience, and lifestyle.

Real estate markets can vary significantly by neighborhood, price point, and property type. Thinking about buying or selling in San Marcos? I’d be happy to discuss your goals and provide a personalized market analysis based on your neighborhood and property type. Contact Sandra Nichols with Century 21 Randall Morris & Associates to get started.

Sandra Nichols, REALTOR®
Century 21 Randall Morris & Associates
Serving San Marcos, New Braunfels, Kyle, Wimberley, Canyon Lake, and surrounding Central Texas communities.