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EDC receives updated housing study that spotlights affordable housing shortfall and regulatory barriers
Summary
A consultant’s update for San Angelo finds an aging housing stock, rising sale prices (median $240,000 in 2025), tight rental markets and an estimated shortfall of roughly 850 affordable rental units; the board asked staff to post the study and explore a stakeholder task force to act on zoning, permitting and infill strategies.
A consultant hired to update San Angelo’s housing analysis told the San Angelo Development Corporation on Wednesday that the city faces a growing affordability gap driven by an aging housing stock, recent job gains and weak production of lower‑priced homes.
Community Development Strategies’ managing director Michael Pratt told the board the market now has roughly 43,000–44,000 housing units and that about 60% of the stock was built before 1980. Pratt said the median single‑family sale price in 2025 is $240,000, up from about $157,000 in 2015, and that the supply of entry‑level homes priced under about $160,000 has declined significantly.
The gap is most acute for rental housing, Pratt said: CoStar data indicate…
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