San Antonio, TX 78227 Real Estate Market Report

ZIP Code: 78227
Report Date: February 2026
Market Temperature: NEUTRAL
Scope: Single-Family Residential (SFR) listings and comps only

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Executive Overview

The median sold price in San Antonio, TX (ZIP: 78227) is currently $182,680, reflecting a recalibration in the local market. Although the neighborhood has decreased 8% since 2022, this metric suggests a degree of resilience compared to broader trends in Texas. The market is experiencing a neutral temperature, indicating a balance between buyer and seller activity, but with signs of price softening year-over-year.

Transaction activity appears moderate, with elevated inventory levels leading to longer selling times, as evidenced by a median days on market of 165 days. This extended time frame may indicate increased buyer negotiating power, as sellers adjust their expectations in response to a cooling market. Overall, the current dynamics suggest a market that is stabilizing but remains sensitive to external economic pressures, particularly elevated interest rates.

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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 area around 6.00% are slightly below the 6.40% average seen earlier in 2026, presenting a modest cost advantage for new financing.

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 $182,680 indicates a decrease in market value compared to previous years, suggesting potential pricing friction for sellers.

2. With a median days on market of 165, properties are experiencing slower sales velocity, which may impact overall market liquidity.

3. The median listing price stands at $190,000, indicating a gap between seller expectations and actual selling prices, contributing to pricing pressure.

4. The median market rent of $1,631 reflects a down trend year-over-year, which may influence buyer sentiment and investment decisions.

5. Current interest rates around 6.00% present a moderate cost environment for financing, potentially affecting buyer activity in the market.

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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.