San Antonio, TX 78221 Real Estate Market Report

ZIP Code: 78221
Report Date: March 2026
Market Temperature: NEUTRAL
Scope: Single-Family Residential (SFR) listings and comps only

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Executive Overview

As of March 2026, the real estate market in San Antonio, TX (ZIP: 78221) is characterized by a median sold price of $188,000, reflecting a stable market despite recent fluctuations. The neighborhood has experienced an upward trend in prices, with the latest data indicating a year-over-year increase. This suggests a resilient demand, although the market is transitioning towards a more balanced state with increasing inventory levels.

Transaction activity appears to be moderating, as evidenced by the median days on market of 179 days, indicating a slower sales velocity. The current market conditions, marked by elevated inventory relative to sales activity, may suggest a shift in buyer sentiment, necessitating careful pricing strategies from sellers. Overall, the market remains stable, but the cooling rental sector, with a median market rent of $1,631, indicates potential challenges for landlords and investors in the area.

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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.

Current Mortgage Rate Context

Market-level mortgage rate comparison for this area:

Current 30-year fixed mortgage rates in the San Antonio TX 78221 area around 5.50% are notably lower than recent highs near 6.53%, presenting a favorable refinancing window for property owners.

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 $188,000 indicates a stable market with recent price resilience.

2. A median days on market of 179 days suggests a slower sales velocity, which may impact liquidity.

3. The median listing price stands at $235,900, creating a notable gap with sold prices that may indicate pricing friction.

4. With median market rent at $1,631, the rental market shows signs of cooling, potentially affecting investor sentiment.

5. The market temperature is currently neutral, reflecting balanced conditions between supply and demand.

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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.