San Antonio, TX 78227 Real Estate Market Report

ZIP Code: 78227
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

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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 78227 area are averaging 6.3%, reflecting a stable market environment for property owners compared to early 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 market value signal is the median sold price of 205,000, which represents the most reliable indicator of recent transaction activity in the area; this is the representative recent sale level and should guide pricing expectations for sellers and appraisals.

2. The market shows a slight softening with a price year-over-year trend of down, while the median listing price sits at 209,000, suggesting seller expectations are marginally above realized sale levels and may require pricing discipline to achieve timely transactions.

3. Liquidity appears muted: the median days on market is 157, which indicates slower sales velocity and pricing friction relative to faster-moving markets; combined with elevated inventory relative to sales activity, this suggests transactions may take longer to close and sellers should plan for extended marketing windows.

4. External pressures are weighing on affordability and market pace—interest rate pressure is reported as elevated and local 30-year fixed rates average 6.3%, while rent trends are also soft with rent year-over-year trend noted as down and median market rent at 1,495, which together imply subdued demand from both owner-occupant buyers and renters in the near term.

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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.