San Antonio, TX 78218 Real Estate Market Report

ZIP Code: 78218
Report Date: February 2026
Market Temperature: NEUTRAL
Scope: Single-Family Residential (SFR) listings and comps only

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Executive Overview

As of February 2026, the real estate market in San Antonio, TX (ZIP: 78218) is characterized by a median sold price of $211,355, reflecting a shift from previous highs. This represents a market that has seen a slight downward trend, as indicated by the overall price year-over-year trend being down. The current conditions suggest a more balanced environment, with the market temperature classified as neutral, indicating a stabilization in buyer and seller dynamics.

The market is experiencing elevated inventory levels, with 197 median days on market, which suggests slower sales velocity and a potential adjustment period for both buyers and sellers. The median listing price stands at $234,500, which indicates a pricing gap that may reflect seller expectations not aligning with current buyer sentiment. As wage growth is reportedly outpacing home price gains, affordability prospects are improving, potentially setting the stage for future appreciation in the coming months.

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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 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 78218 area average around 6.19% compared to a recent average of 5.91% for loans originated in 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 median sold price of $211,355 indicates a market that has experienced a down trend year-over-year.

2. With 197 median days on market, the market is showing signs of slower sales velocity and prolonged listing durations.

3. The median listing price of $234,500 suggests a significant gap compared to the sold price, indicating potential pricing friction in the market.

4. The median market rent is $1,631, which may reflect broader affordability trends as wage growth improves relative to home prices.

5. Current interest rate pressure is classified as elevated, which may impact buyer sentiment and overall market activity.

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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.