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Texas cities lead the nation’s top metros where homeowners are selling their properties the most, as owners cash in on equity amid strong inventory and new construction.
San Antonio, Dallas, Austin and Houston, which had seen an explosion of residential construction and inventory in recent years, rank among the top 10 markets for home turnover, according to an analysis by Realtor.com. The report noted that the markets with the highest turnover rates tend to be more affordable, have more listed homes and have more newly built homes up for grabs.
In San Antonio, where the median listing price is $329,000, the rate is the highest in the Lone Star State, and among the biggest cities in the country. Forty-five of every 1,000 housing units were sold from September 2024 to August 2025.
“People in San Antonio are monetizing appreciation and resetting life logistics, not panic selling,” Daniel Cabrera, owner and founder of Sell My House Fast SA TX, told Realtor.com. “They are selling to repay debts, relocate for their relatives, and escape the commute for more space.”
San Antonio was also the only top-10 housing market in Texas that recorded a spike in residential construction. The metropolitan area saw 18,200 single-family housing starts over the prior 12 months — up 1 percent year over year.
Kansas City, Missouri and Indianapolis joined San Antonio with a rate of 45 of every 1,000 homes sold during that time frame.
In Kansas City, one agent told Realtor.com that many sellers are retirees moving to warmer climates. Indianapolis, meanwhile, has seen strong national investor interest of late, like many Midwest locales, and sellers are cashing in on equity growth from the past several years, according to the site.
Across the country, sellers have been capitalizing on the unprecedented surge in housing prices, driven by historically high market values. There were 1.1 million listings on the market in August — 12 percent more than the same month last year. In August, however, the national median listing price was $415,000, down about 2 percent from July but nearly flat year over year, according to data from Realtor.com.
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