San Antonio home sellers are receiving a low return on their investment. A new report from property data firm ATTOM says that Alamo City locals receive the second lowest profit margin of large U.S. metro areas, scoring only a 24.5 percent yield.

The findings were announced in ATTOM's first quarter 2025 U.S. Home Sales Report, which revealed that profit margins are slipping nationwide. On average, American homeowners netted a 50.2 percent profit selling single-family homes and condos from January through March. The figure is down 3.2 percentage points from the last quarter of 2024 and down 4.8 percentage points from a year ago.

The 24.5 percent return on investment in San Antonio is a slight slip from ATTOM's 2024 end-of-year data, which reported 26.4 percent profits. The city suffered the nation's third sharpest decline in ROI from 2023 to 2024, dropping from 34.4 percent. Only New Orleans had lower profit margins at 18.1 percent.

Overall, Texas cities lagged behind the national average on profits, which typically land at or above 50 percent. The Texas Triangle's ROI was uniformly outlapped by the rest of the nation, with Dallas at 29.7 percent, Austin at 32.7 percent, and Houston at 35 percent.

Dallas and Austin also experienced steep profit declines year-over-year. Dallas metro profits were down by 17.8 percent, and Austin fell 13 percent.

ATTOM's findings track with an April report from real estate marketplace Zillow that showed a 2.7 percent decrease in home values for Alamo City residential properties year over year and a significant increase in inventory. Still, ATTOM's number crunchers hedge that national median home values remain historically high.

"Sellers may not be enjoying quite the same windfall they were a few years ago, but by historical standards, profits are strong, both in terms of margins and raw dollar value," said ATTOM CEO Rob Barber in a news release. "The first quarter also tends to be the weakest of the year, so don't be surprised to see profits regain ground during the summer months."