San Antonio, TX 78217 Real Estate Market Report

ZIP Code: 78217
Report Date: May 2026
Market Temperature: COLD
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 Cold market indicates weak buyer demand relative to available inventory, typically characterized by declining or flat prices, extended days on market, and elevated inventory levels relative to sales.

Current Mortgage Rate Context

Market-level mortgage rate comparison for this area:

Current 30-year fixed mortgage rates in the 78217 area are averaging 6.46% as of May 2026, reflecting a stable market environment for property owners compared to earlier 2026 benchmarks.

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 neighborhood's median sold price is 241,520, which should be treated as the primary indicator of recent market value; coupled with a median days on market of 135, this suggests slower sales velocity and pricing friction that may require seller concessions.

2. There is a notable gap between the median listing price of 269,900 and the median sold price of 241,520, which appears to reflect sellers setting expectations above realized transaction levels and may indicate the need for more aggressive pricing or incentives to close deals; down price momentum reinforces this pressure.

3. Inventory dynamics point to elevated inventory relative to sales activity and slower transaction volume; with a median days on market of 135, market liquidity appears muted and sellers may need to adjust time or price expectations to achieve closings.

4. Rental and financing context is softening: the median market rent is 1,500 and rent year-over-year trend is down, while interest rate pressure is elevated and local 30-year fixed rates are averaging 6.46%, which together may reduce investor demand and lengthen holding periods for underperforming SFR and condo listings.

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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.

San Antonio, TX 78217 Real Estate Market Report

ZIP Code: 78217
Report Date: May 2026
Market Temperature: COLD
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

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Property Taxes

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Liquidity & Velocity

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Market Trends & Context

Understanding Market Temperature

A Cold market indicates weak buyer demand relative to available inventory, typically characterized by declining or flat prices, extended days on market, and elevated inventory levels relative to sales.

Current Mortgage Rate Context

Market-level mortgage rate comparison for this area:

Current 30-year fixed mortgage rates in the 78217 area are averaging 6.46% as of May 2026, reflecting a stable market environment for property owners compared to earlier 2026 benchmarks.

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 indicator for realized value, median sold price, is unavailable in the provided metrics; this may reflect limited sold-sample reporting in the dataset or that transaction-level sold price data was not included in this extract, which reduces direct visibility into recent closed-market pricing.

2. Seller expectations are anchored at a median listing price of $147,500, while observed market indicators point to cold conditions; the gap between listing expectations and the missing sold-price visibility suggests pricing friction and the need for sellers to be flexible on offers.

3. Liquidity appears slow: a median days on market of 141 combined with elevated inventory relative to sales activity suggests slower sales velocity and potential buyer leverage; pricing and concession strategies may be necessary to transact efficiently in the current environment.

4. Rental and financing context is weakening: the median market rent of $1,025 is accompanied by a rent year-over-year trend of down, and interest rate pressure is elevated with current 30-year fixed rates averaging 6.46% as of May 2026, which may depress investor demand and renter affordability in the short term.

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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.