San Antonio, TX 78230 Real Estate Market Report

ZIP Code: 78230
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

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 for properties in the 78230 area are averaging 6.3%, reflecting a stable market environment compared to the 6.2% to 6.6% range observed throughout early 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. $337,250 median sold price is the primary indicator of realized market value in 78230 and, given current conditions, it appears to represent the most reliable signal of local transaction pricing rather than asking prices; representative recent sale guidance should be prioritized when underwriting deals.

2. $442,500 median listing price sits materially above the median sold price, a gap that suggests pricing friction between seller expectations and closed transactions and may indicate that some sellers will need to adjust offers to align with realized values.

3. 96 median days on market points to slower sales velocity and, together with the sample's elevated inventory relative to sales activity, suggests excess supply relative to sales activity that may extend negotiation windows and place upward pressure on buyer concessions.

4. 6.3% current 30-year fixed mortgage rate (averaging in the area) and elevated interest rate pressure are headwinds for affordability; with rent trending down and price year-over-year trending up, investors and owner-occupiers should account for elevated financing costs when modeling purchase scenarios.

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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.

San Antonio, TX 78230 Real Estate Market Report

ZIP Code: 78230
Report Date: May 2026
Market Temperature: NEUTRAL
Scope: This ZIP code analysis focuses on condominium properties. Metrics are calculated from recent condo 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 for properties in the 78230 area are averaging 6.3%, reflecting a stable market environment compared to the 6.2% to 6.6% range observed throughout early 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. median sold price is not available in the provided dataset, so a representative recent transaction benchmark cannot be stated; this likely reflects limited recent closed-transaction data in the sample rather than implying a specific price level (use caution when pricing to comps).

2. median listing price $175,000 suggests current seller expectations for SFR/condo inventory, but without a reported median sold price this may overstate realizable value unless supported by closed-comps (pricing gap risk).

3. median days on market 91 indicates extended time-to-contract relative to fast-turn markets and suggests slower sales velocity, which may require more competitive pricing or marketing to accelerate closings.

4. price year-over-year trend up accompanies a neutral market temperature and rent year-over-year trend down, while interest rate pressure elevated (with local 30-year fixed rates averaging 6.3%) creates mixed signals—prices are firming but financing headwinds and softer rents suggest a balanced to buyer-leaning environment (elevated interest rate pressure).

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Notable Properties

The following 1 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.