San Antonio, NM

San Antonio is a city located in the southwestern corner of New Mexico. The population was estimated at 128,000 in 2016, making it the fifth-largest city in New Mexico. San Antonio is home to several major employers, including Lockheed Martin and Southwest Airlines. The city has a growing economy based on services and trade with nearby cities and states.

Real estate in San Antonio is generally expensive compared to other areas of the state. The median home price was $269,500 in May 2017, up from $228,900 a year earlier but still below the statewide median of $325,000. The average monthly rent for an apartment was $1,111 in May 2017.

The city's real estate market has been slow to recover from the Great Recession of 2008-09. In May 2017 there were only 2 sales reported compared to 10 sales during the same month one year earlier. However prices have increased over that time period so that by May 2017 the average sale price had reached its pre-recession high of $269,500 while rents had also increased by 7%.