San Antonio, TX 78201 Real Estate Market Report
ZIP Code: 78201
Report Date: May 2026
Market Temperature: NEUTRAL
Scope: This ZIP code analysis focuses on single-family residential (SFR) properties. Metrics are calculated from recent sales and active listings within the past 90 days.
Market Overview
This analysis is based on a sample of properties from this ZIP code (up to 200 sold properties and up to 100 active properties). The median prices below are calculated from all available properties in the sample, while trend analysis uses properties from the selected analysis window.
Market Metrics
Note: The property counts shown above represent only the properties analyzed in this report sample, not the total inventory for this ZIP code. Median prices are calculated from all available properties in the sample, while trend analysis uses properties from the selected analysis window.
Rental Market
Property Taxes
Liquidity & Velocity
Market Trends & Context
Understanding Market Temperature
A Neutral market indicates balanced conditions where neither buyers nor sellers have a strong advantage, typically characterized by flat price trends, extended but stable days on market, and moderate inventory relative to sales.
Current Mortgage Rate Context
Market-level mortgage rate comparison for this area:
Current 30-year fixed mortgage rates in San Antonio, TX are 6.49%, which is 0.3% higher than the 6.19% average observed in early 2026.
Note: Interest rate comparisons provide market context. The existing "Interest Rate Pressure" metric above shows the qualitative market impact.
Key Findings
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median sold price 234,515 is the most reliable indicator of recent transaction value in 78201; it suggests price stability when considered alongside a flat year-over-year price trend, indicating transactions are reflecting consistent market valuation rather than rapid appreciation or decline.
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median sold price 234,515 sits below the median listing price 259,250, which may indicate a pricing gap between seller expectations and completed sales and suggests pricing friction that buyers can use in negotiations rather than a straightforward premium market.
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median days on market 142 points to slower sales velocity and extended time-to-contract for SFR and condominium properties in the sample; this, combined with elevated inventory relative to sales activity, appears to create softer liquidity that may favor buyers seeking concessions or more time for due diligence.
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Local demand and cost pressures: median market rent 1,180 and median price per square foot 173 are stable reference points while rent is trending down; elevated interest rate pressure (30-year fixed at 6.49%, ~0.3% above the early-2026 average) further constrains financing affordability and may continue to moderate transaction activity.
Notable Properties
The following 8 properties represent notable market examples and recent transactions that illustrate key market dynamics. These are illustrative examples selected for their significance (top sales, market benchmarks, quick sales) and are not the basis for the statistical calculations shown above.
Recent Transactions
Highest sale in the past 90 days. Fully renovated with modern finishes and premium lot positioning.
Sold at market average
Representative market sale establishing baseline for properties in the core neighborhood.
Sold below market average
Sold below market average
Sold at market average
Sold below market average
Sold below market average
San Antonio, TX 78201 Real Estate Market Report
ZIP Code: 78201
Report Date: May 2026
Market Temperature: NEUTRAL
Scope: This ZIP code analysis focuses on condominium properties. Metrics are calculated from recent condo sales and active listings within the past 90 days.
Market Overview
This analysis is based on a sample of properties from this ZIP code (up to 200 sold properties and up to 100 active properties). The median prices below are calculated from all available properties in the sample, while trend analysis uses properties from the selected analysis window.
Market Metrics
Note: The property counts shown above represent only the properties analyzed in this report sample, not the total inventory for this ZIP code. Median prices are calculated from all available properties in the sample, while trend analysis uses properties from the selected analysis window.
Rental Market
Property Taxes
Liquidity & Velocity
Liquidity metrics unavailable due to insufficient data quality.
Market Trends & Context
Understanding Market Temperature
A Neutral market indicates balanced conditions where neither buyers nor sellers have a strong advantage, typically characterized by flat price trends, extended but stable days on market, and moderate inventory relative to sales.
Current Mortgage Rate Context
Market-level mortgage rate comparison for this area:
Current 30-year fixed mortgage rates in San Antonio, TX are 6.49%, which is 0.3% higher than the 6.19% average observed in early 2026.
Note: Interest rate comparisons provide market context. The existing "Interest Rate Pressure" metric above shows the qualitative market impact.
Key Findings
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The median sold price is the primary indicator of market value and recent transaction activity for this neighborhood; however, a specific median sold price value is not provided in the available metrics, so recent transaction-level pricing cannot be quantified here. contextual
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The median price per square foot (113) indicates stable unit pricing and aligns with the reported flat year‑over‑year price trend, suggesting limited upward or downward pressure on nominal sale prices in May 2026.
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Market liquidity shows signs of elevated inventory relative to sales, which may indicate slower sales velocity and increased negotiation leverage for buyers despite moderate transaction volume.
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Financing and rental signals are mixed: current 30‑year fixed mortgage rates (6.49% vs. an early‑2026 average of 6.19%) reflect elevated interest rate pressure, while the median market rent (999) is experiencing a down year‑over‑year trend, which together may constrain buyer purchasing power and reduce investor cash‑flow expectations.
Notable Properties
The following 1 properties represent notable market examples and recent transactions that illustrate key market dynamics. These are illustrative examples selected for their significance (top sales, market benchmarks, quick sales) and are not the basis for the statistical calculations shown above.
Recent Transactions
Highest sale in the past 90 days. Fully renovated with modern finishes and premium lot positioning.
Investment Analysis
Compare rental income potential against ownership costs and benchmark against market averages.
Monthly rental income vs estimated ownership cost
20% down, 6.3% rate, 2.0% tax
Avg nightly rate and occupancy for this ZIP
Data Sources
Real estate market data & public records, and GemHaus® proprietary models.
Report generated: 5/1/2026
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