San Antonio, TX 78212 Real Estate Market Report

ZIP Code: 78212
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.

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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

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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.

Current Mortgage Rate Context

Market-level mortgage rate comparison for this area:

Current 30-year fixed mortgage rates in San Antonio, TX, are approximately 6.3% to 6.6%, reflecting a stable market environment for property owners in this area compared to early 2026.

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

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Key Findings

1. The primary market-value signal is the median sold price of $189,000, which represents the most recent transaction-based indicator of neighborhood value and suggests that recent closings are concentrated well below asking price levels; use recent sales as the authoritative pricing benchmark.

2. There is a wide gap between the median listing price of $456,750 and the median sold price of $189,000, which may indicate pricing friction or elevated seller expectations relative to completed transactions; caution on relying solely on list price when underwriting or pricing offers.

3. Market liquidity appears slow: the median days on market is 168, consistent with slower sales velocity and suggesting buyers may have increased negotiating leverage or longer decision timelines.

4. Supply and broader conditions point to a neutral to slightly buyer-leaning environment: inventory shows elevated inventory relative to sales, market temperature is reported as neutral, price year-over-year trend is flat, rent year-over-year trend is flat, and interest rate pressure is moderate—use conservative price assumptions and allow additional time for disposition or pricing adjustments when planning transactions.

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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.

San Antonio, TX 78212 Real Estate Market Report

ZIP Code: 78212
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.

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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.

Current Mortgage Rate Context

Market-level mortgage rate comparison for this area:

Current 30-year fixed mortgage rates in San Antonio, TX, are approximately 6.3% to 6.6%, reflecting a stable market environment for property owners in this area compared to early 2026.

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

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Key Findings

1. <b>median sold price</b> is the primary indicator of market value and recent transaction activity; however, a median sold price is not available in the provided metrics, which may reflect the limited number of recent closed transactions in the analyzed sample and should prompt reliance on qualitative liquidity signals when valuing assets in this ZIP code.

2. <b>median listing price: $474,450</b> — when paired with a <b>median days on market: 281</b>, this suggests slower sales velocity and potential pricing friction between seller expectations and completed transactions; sellers may need to consider targeted pricing or concessions to accelerate offers, while buyers may find opportunities to negotiate.

3. <b>median price per square foot: 264</b> and <b>median market rent: $1,400</b> provide a level-set for relative pricing and rentability; investors and underwriting teams should use these exact benchmarks to screen comparable SFR and condo opportunities rather than inferring yields, and demonstrate sensitivity to unit-level condition and location when applying these price and rent references.

4. <b>price year-over-year trend: flat</b> with a <b>market temperature: neutral</b> and <b>rent year-over-year trend: flat</b> — these indicators together imply a balanced to slightly buyer-leaning market where momentum is limited; market participants should plan for stable pricing and avoid aggressive upward assumptions in short-term pro forma models.

5. <b>interest rate pressure: moderate</b> and current mortgage commentary: Current 30-year fixed mortgage rates in San Antonio, TX, are approximately 6.3% to 6.6%</b> — moderate rate pressure combined with neutral market temperature suggests financing costs are a meaningful consideration for buyers and investors, so structuring deals with rate sensitivity and contingency planning remains prudent.

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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.