San Antonio Ranks 5th in U.S. for 'House Rich' Homeowners

 San Antonio Ranks 5th in U.S. for 'House Rich' HomeownersSource: Unsplash/ Irene Rego
Drew Archer
Published on December 04, 2023

San Antonio proudly stands as the No. 5 most 'house rich' city in America.

The study found San Antonio to boast a 52.3 percent ownership rate among its housing, coupled with a median home value of $230,700 and a median household income of $58,829, according to CultureMap San Antonio. This brew of statistics is favorable enough to quickly and significantly break into the housing market for those considering purchasing a starter home in the city.

Texas cities managed to claim three of the top five spots in the All-Star Home rankings, with El Paso and Fort Worth taking the first and fourth positions, respectively. But it's not just the major cities where Texas shines; when assessing affordability across all cities, Texas brought home seven spots in the top 50, as indicated by the San Antonio Express-News.

Oklahoma City, Oklahoma, and Indianapolis, Indiana, managed to outpace San Antonio to clinch the second and third spots, signaling a wider national trend in which home-value-to-income ratios are starting to more closely align with the economic capacities of the average American.