San Antonio, TX 78218 Real Estate Market Report

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

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Executive Overview

The real estate market in San Antonio, TX (ZIP: 78218) is currently characterized by a median sold price of $206,000, reflecting a downward trend in pricing as indicated by the overall market conditions. The neighborhood has decreased 8% since 2022, suggesting a shift in buyer sentiment and market dynamics. This decline in sold prices, coupled with a median days on market of 210, indicates a slower sales velocity and a potential increase in negotiation power for buyers as they navigate a market with elevated inventory levels.

With a median listing price of $235,000, there appears to be a notable gap between what sellers are asking and what buyers are willing to pay, which may contribute to the extended time properties are remaining on the market. The market temperature is currently assessed as neutral, indicating a balanced environment where neither buyers nor sellers hold a distinct advantage. This balance, however, is accompanied by elevated interest rate pressure, which may further influence buyer behavior and market liquidity.

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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 is $206,000, reflecting a decrease of 8% since 2022, indicating softening market conditions.

2. Properties are remaining on the market for a median of 210 days, suggesting slower sales velocity and potential pricing friction.

3. The median listing price stands at $235,000, creating a significant gap with the sold price that may indicate pricing challenges for sellers.

4. The median market rent is $1,631, which has also seen a year-over-year decrease, reflecting softening in rental demand.

5. Market temperature is assessed as neutral, suggesting a balanced market with neither buyers nor sellers holding a clear advantage.

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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.