Construction commotion

The average price for a newly built home in San Antonio nears $400,000

In San Antonio, the average price for a new-construction home jumped 23.7 percent from last June to this June.

Photo by fstop123/Getty Images

Another new record is in the books for the San Antonio housing market. New data from HomesUSA.com shows that the average price of a newly built home in San Antonio reached $391,577 in June 2022, a record high for the area.

Among the state’s four major metro areas, Austin led this category, with the price of a newly built home at $541,079. In Dallas-Fort Worth, the average price surpassed $500,000 for the first time ever, reaching $501,327; Houston averaged $419,573.

“Despite all of the market challenges – from labor shortages to supply chain and delivery issues – Texas builders continue to show steadfastness and resilience in markets that still remain persistently strong,” says Ben Caballero, CEO of Dallas-based HomesUSA.com.

The average price for a new-construction home in San Antonio jumped 23.7 percent from last June to this June — the largest percentage increase among the state's four major metro areas. And from May 2022 to June 2022, the average price went up by 2.7 percent — the second largest increase.

Those numbers compare with:

A 22.2 percent year-over-year jump in the average price of a newly built home in the Austin area, and a less than 1 percent month-over-month decrease.
A 20.5 percent year-over-year jump in the average price of a newly built home in Dallas-Fort Worth, and a 3 percent month-over-month increase.
An 11 percent year-over-year jump in the average price of a newly built home in the Houston area, and a less than 1 percent month-over-month increase.

Even amid escalating home prices, rising interest rates for mortgages, and nagging demands confronting homebuilders, Caballero believes construction of new homes in Texas will maintain a torrid pace.

“Due to its business-friendly environment, no personal income tax, and geographic location, I expect Texas to continue leading the nation in home starts,” he says. “The continuing migration from large population centers in the North, Northeast, and West Coast markets will cause those areas to experience a disproportionate share of the coming housing slowdown.”

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Booming Suburb

Buzzy San Antonio neighbor among top suburbs for Americans on the move

Canyon Lake Area Chamber of Commerce - Facebook

Suburban dwellers love Canyon Lake.

A new list of the most desirable suburbs in America puts one buzzy San Antonio-area city in the top 20: According to a recent growth report by moving services website moveBuddha, Canyon Lake comes in at No. 42 on the list of American suburbs that everyone wants to move to.

The survey ranks the suburbs that are the most in-demand in the most populous U.S. metros for 2025.

It ranks cities by two criteria: recent mover search data from January 2024 to February 2025 which reflectsmoves planned for the current year; and the most recent Zillow Home Value Index data for home averages in each of the 50 biggest metros.

Canyon Lake had a "move in-to-out ratio" of .79, meaning there are 79 searches for moving in for every 100 searches for moving out.

This charming city's explosive growth can be attributed to its small-town feel, renter-friendliness, and much more.

The no. 1 suburb on the list was Summerville, South Carolina, 25 miles northeast of Charleston. The three other cities that topped Frisco were Meridian, Idaho just outside Boise; St. Augustine, Florida, 40 miles southeast of Jacksonville; and Vancouver, Washington, 10 miles north of Portland, Oregon.

While Canyon Lake is one of the most desirable suburbs, a move there won't come cheap. MoveBuddha revealed the average Canyon Lake home was worth $442,098 in December 2024. For reference, the typical American home cost about $357,000 at that time.

But according to the study's findings, Canyon Lake is more affordable than other desirable Texas suburbs. Homes in the Dallas-area suburb of Frisco – which ranked No. 5 nationally – were worth $671,173 in December.

The report also warns that top suburbs like Canyon Lake offering a "city-like culture" can sometimes inherit problems of those same cities residents are trying to escape from, such as high housing costs and congested traffic.

"Whether they’re following in the footsteps of a booming metropolis or quietly living off the charm of a slower-paced past, these top suburbs were made to fit every taste and budget," the report said.

Other desirable Texas suburbs
Frisco claimed the No. 1 spot as the most desirable suburb to move to in Texas. Besides Frisco and Canyon Lake, two other Texas cities ranked among the top 50: The North Austin suburb of Georgetown (No. 18), and Houston's far-flung suburb of Conroe (No. 19).

The top 10 most desirable suburbs to move to in 2025 are:

No. 1 – Summerville, South Carolina (Charleston)
No. 2 – Meridian, Idaho (Boise)
No. 3 – St. Augustine, Florida (Jacksonville)
No. 4 – Vancouver, Washington (Portland)
No. 5 – Frisco, Texas (Dallas-Fort Worth)
No. 6 – Tempe, Arizona (Phoenix)
No. 7 – Saint Paul, Minnesota (Minneapolis)
No. 8 – Fort Mill, South Carolina (Charlotte, North Carolina)
No. 9 – Clermont, Florida (Orlando)
No. 10 – Cary, North Carolina (Raleigh)

suburbs reports real estate canyon lake