Study: San Antonio metro has one of nation's highest rates of minority homeownership

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Study: San Antonio metro has one of nation's highest rates of minority homeownership
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Nearly 60% of minorities in San Antonio are homeowners, the highest of any large metro in Texas. SanAntonio SATX SanAntonioTX housing housingmarket Texas

The San Antonio had the tenth-lowest gap between the percentage of minority homeowners and white homeowners in the nation, according to a recent study.

However, the San Antonio metropolitan statistical area has one of the highest ownership rates of any metro in the nation, according to a. That analysis defined minority residents as anyone other than non-Hispanic whites. Of the 55 large metro areas examined nationally, San Antonio is the No. 10 metro with the lowest gap between white and minority homeownership. In the San Antonio metro, 72% of white residents own their homes, with the median home value being $280,000. The average median home value for minority homeowners is $200,000, according to the report.

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