Denver - CO vs San Antonio - TX: 2026 Housing Comparison

What this means for buyers

Denver - CO is roughly 103% more expensive than San Antonio - TX in typical home value. Homes sit on market longer in San Antonio - TX (53 days vs 30), suggesting more buyer leverage there. Denver - CO sees more listings with price cuts (36.7% vs 30.4%), a sign of softening seller expectations.

Denver vs San Antonio: what the numbers say

At today's 7.24% average 30-year rate with 20% down, the typical home would cost about $3,029 a month in principal and interest in Denver and $1,493 in San Antonio, a gap of $1,536 a month.

Typical rent runs $1,900 in Denver and $1,415 in San Antonio, so the mortgage payment alone is 1.6 times rent in Denver and 1.1 times rent in San Antonio, before taxes and insurance.

Home prices are 24.4 years of rent in Denver and 16.1 in San Antonio; the lower ratio in San Antonio means buying there is cheaper relative to renting.

Over the last 23 months typical values moved -4.8% in Denver and -4.8% in San Antonio; over just the last three months the change was +0.3% in Denver and -0.6% in San Antonio.

Homes sell for 98.9% of list price in Denver and 97.2% in San Antonio, after 30 and 53 days on the market, with price cuts on 37% and 30% of listings. The signs are mixed: Denver has more price cuts, while San Antonio has longer time on the market and sales further below list.

The number of homes for sale is down 1% on a year ago in Denver and up 4% on a year ago in San Antonio.

Payments assume a 30-year fixed loan at the Freddie Mac weekly average rate (2026-10-29), 20% down, principal and interest only. Home values, rents and market figures are Zillow Research metro data.