San Antonio, TX 78212 Real Estate Market Report

ZIP Code: 78212
Report Date: February 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 78212 is currently $392,400, reflecting a slight downward trend in home values. This indicates a decrease in pricing dynamics, which may suggest a cooling market as buyers face elevated inventory levels. The median listing price stands at $399,000, creating a notable gap that could indicate seller expectations are not aligning with current market realities.

With 212 days on market, properties are experiencing slower sales velocity, contributing to a market environment characterized by excess supply relative to sales activity. The overall market temperature is neutral, suggesting a balance between supply and demand, but with a tendency toward buyer-favorable conditions due to the current economic climate and elevated interest rate pressure.

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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

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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 the San Antonio TX 78212 area around 5.87% are 1.01% lower than the 6.87% average seen one year ago.

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 median sold price of $392,400 indicates a decrease in home values, reflecting a cooling market.

2. Properties are taking an average of 212 days on market, suggesting slower sales velocity and potential pricing friction.

3. The median listing price of $399,000 creates a significant gap compared to the sold price, indicating pricing misalignment between sellers and the market.

4. Market conditions are characterized by elevated inventory levels, which may lead to increased buyer leverage in negotiations.

5. Rental rates are also trending down, with a median market rent of $1,631, reflecting softening demand in the rental sector.

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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.