San Antonio, TX 78209 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

Note: The relationship between property values and rental rates reflects different market dynamics. Higher-priced properties may have lower rental yields due to factors such as luxury market positioning, owner-occupancy preferences, or long-term appreciation strategies rather than immediate rental income maximization.

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 is the median sold price 724,680, which represents the most reliable signal of realized value and should guide pricing strategies for recent transactions; given current conditions, sellers should align expectations to recent sold comparables rather than listing ambitions. neutral
2. There is a meaningful gap between the median listing price 544,000 and the median sold price 724,680, which may indicate pricing friction where seller asking prices appear detached from recent transaction levels; agents should prioritize comparables and prepare for negotiation concessions or stronger justification for premium pricing.
3. Median days on market is 74, signaling slower sales velocity that suggests buyers have more time to evaluate offers and that sellers may need to employ targeted marketing, staged pricing steps, or limited concessions to accelerate closings.
4. Market-level trends show prices are up year-over-year while rents are down and market temperature is neutral; with interest rate pressure at moderate, investors and owner-occupants should weigh modest price appreciation against softer rental dynamics when assessing hold vs. sell decisions.

Notable Properties

The following 7 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.