San Antonio - TX vs Las Vegas - NV: 2026 Housing Comparison

What this means for buyers

Las Vegas - NV is roughly 54% more expensive than San Antonio - TX in typical home value. Homes sit on market longer in San Antonio - TX (53 days vs 38), suggesting more buyer leverage there.

San Antonio vs Las Vegas: what the numbers say

At today's 7.24% average 30-year rate with 20% down, the typical home would cost about $1,493 a month in principal and interest in San Antonio and $2,304 in Las Vegas, a gap of $812 a month.

Typical rent runs $1,415 in San Antonio and $1,732 in Las Vegas, so the mortgage payment alone is 1.1 times rent in San Antonio and 1.3 times rent in Las Vegas, before taxes and insurance.

Home prices are 16.1 years of rent in San Antonio and 20.3 in Las Vegas; 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 San Antonio and -3.4% in Las Vegas; over just the last three months the change was -0.6% in San Antonio and -0.8% in Las Vegas.

Homes sell for 97.2% of list price in San Antonio and 98.1% in Las Vegas, after 53 and 38 days on the market, with price cuts on 30% and 30% of listings. All three signs point the same way: buyers have more room to negotiate in San Antonio.

The number of homes for sale is up 4% on a year ago in San Antonio and up 2% on a year ago in Las Vegas.

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.