San Antonio, TX 78212 Real Estate Market Report

ZIP Code: 78212
Report Date: April 2026
Market Temperature: NEUTRAL
Scope: Single-Family Residential (SFR) listings and comps only

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Executive Overview

The median sold price in San Antonio, TX (ZIP: 78212) stands at $385,000, reflecting a market that has seen some fluctuations in value. The neighborhood has decreased 8% since 2022, indicating a softening trend in property values. This decline may suggest a shift in buyer sentiment or an adjustment to market conditions, as evidenced by the current pricing dynamics.

Transaction activity appears to be moderate, with elevated inventory levels contributing to a slower sales velocity. The median days on market is notably high at 224 days, which indicates that properties are taking longer to sell, possibly due to excess supply relative to sales activity. The market temperature is currently classified as neutral, suggesting a balance between buyer and seller expectations, but with some caution warranted due to the recent price decreases.

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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.

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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.

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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.

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Property Taxes

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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.

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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.

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Key Findings

1. The median sold price of $385,000 indicates a decreasing trend in property values over the past year.

2. The median days on market of 224 days suggests a slower sales velocity in the current market.

3. Elevated inventory levels may contribute to a softening in pricing as buyers have more options available.

4. The median market rent of $1,631 reflects a year-over-year decline, indicating potential shifts in rental demand.

5. The market temperature is neutral, suggesting a balanced market but with caution due to recent price trends.

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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.