Market Overview for San Marcos
There are 290 active listings in San Marcos with a median list price of $353K and a median sold price of $317K.
Homes average 123 days on market.
Over the past 30 days, 37 homes have sold, with 589 sales in the past 12 months.
The average price per square foot is $225.
About San Marcos
San Marcos is a city of approximately 70,000 residents and the county seat of Hays County, located along the Interstate 35 corridor about 30 miles south of downtown Austin and 50 miles north of San Antonio. The city sits at the intersection of the Texas Hill Country and the Blackland Prairie, bisected by the San Marcos River, which originates from a cluster of artesian springs in Spring Lake at the edge of the Texas State University campus. The springs maintain a constant water temperature near 72 degrees year-round and produce roughly 200 million gallons of water daily, making the San Marcos one of the clearest rivers in the state.
Housing in San Marcos includes a broad mix of options, from older bungalows and rental properties near the university in the $180,000 to $250,000 range to newer suburban homes in master-planned communities like Kissing Tree (an active-adult community south of town), Blanco Vista, and Meadows at San Marcos in the $300,000 to $500,000 range. The median home price is approximately $290,000. The large student population at Texas State University creates a substantial rental market, with apartment complexes concentrated along Sessom Drive, Aquarena Springs Drive, and along the I-35 corridor toward Kyle.
San Marcos CISD serves the city's K-12 students across approximately 14 campuses, including San Marcos High School. The district enrolls around 8,500 students. Texas State University dominates the educational landscape, enrolling approximately 38,000 students and operating as the city's largest employer. The university offers programs across more than 200 undergraduate and graduate degree options and has a significant economic impact on the surrounding area, supporting restaurants, retail, and housing.
San Marcos sits at the junction of I-35, SH-123, and SH-80, providing direct highway access to both Austin and San Antonio. The San Marcos Premium Outlets and Tanger Outlets along I-35 are among the most-visited shopping destinations in Texas and generate significant sales tax revenue. Other major employers include Central Texas Medical Center, Hays County government, and distribution and manufacturing operations in the San Marcos Business Park east of I-35. The San Marcos River corridor serves as both a recreational draw for tubing and kayaking and as critical habitat for several federally protected species, including the Texas blind salamander.
Living in San Marcos
San Marcos has a young population, with a median age around 24, heavily influenced by the Texas State University student body. Median household income for permanent residents is approximately $45,000, though this figure is lowered by the large student population. The city is notably diverse, with a demographic mix of roughly 45% Hispanic, 40% White, 7% Black, and 3% Asian residents. About 30% of adults over 25 hold a bachelor's degree or higher, a figure that reflects both the university community and the blue-collar workforce in manufacturing and service industries.
