San Antonio, TX 78202 Real Estate Market Report

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

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

Note: A Sale-to-List Ratio near 100% can occur when properties sell at or near their final listing price after price adjustments during the listing period, even when initial listing prices differ significantly from sale prices.

Market Trends & Context

Note: Interest rate comparisons provide market context. The existing "Interest Rate Pressure" metric above shows the qualitative market impact.

Key Findings

1. The neighborhood's primary market indicator, the $186,575 median sold price, points to the current transaction-level market value and suggests recent sales are below asking levels given the $225,000 median listing price; price trend is down which may indicate sellers will need to be realistic on offers to transact.
2. The spread between the $225,000 median listing price and the $186,575 median sold price appears to reflect pricing friction and elevated inventory relative to sales activity, which may indicate more negotiation room for buyers and slower absorption of new listings.
3. Market velocity is muted: the 172 median days on market signals slower sales velocity and longer marketing times for SFR and condo listings, which suggests elongated time-to-contract and the need for stronger pricing or concessions to accelerate deals.
4. Macro headwinds are present: interest rate pressure is moderate with local mortgage rates around 6.7% compared to 6.2% earlier in 2026, and rent momentum is weak with a down rent year-over-year trend—together these factors warrant caution for investors and owner-occupiers relying on financing or rental upside.

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.