San Antonio, TX 78218 Real Estate Market Report

ZIP Code: 78218
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.

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Key Findings

1. Median sold price: $167,370 is the most reliable indicator of recent market value and transaction activity in 78218; it suggests realized prices are meaningfully below asking expectations where the median listing price: $230,000 exists, which may indicate pricing friction between sellers and closed transactions.

2. Median days on market: 175 points to slower sales velocity and elongated marketing periods, which, combined with elevated inventory relative to sales activity, appears to give buyers increased negotiating power and greater time to evaluate listings.

3. Median price per square foot: $148 provides a consistent unit-value benchmark for underwriting and comparative valuation; use this figure when assessing comps and pricing adjustments rather than relying solely on asking prices in this market.

4. Market temperature: neutral with a price year-over-year trend: flat and interest rate pressure: moderate indicates a balanced but cautious market environment; expect limited upside in near-term price appreciation while continuing to monitor the reported down rent year-over-year trend and its potential feedback on investment demand.

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Notable Properties

The following 4 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.