San Antonio, TX 78239 Real Estate Market Report

ZIP Code: 78239
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 in San Antonio TX 78239 are 6.25% compared to 6.62% for typical loans originated in early 2026, representing a potential market-level interest rate reduction.

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 neighborhood's primary valuation indicator, median sold price, is $192,000, which represents the most reliable signal of recent transaction activity in this ZIP and should guide pricing and appraisal decisions.

2. There is a meaningful gap between the median listing price and the median sold price — with median listing price at $231,945 versus the median sold price at $192,000 — which may indicate pricing friction and seller expectations above realized transaction levels.

3. Market velocity appears subdued: median days on market is 152, suggesting slower sales velocity and that properties are taking longer to convert, which may extend carrying costs for sellers and create negotiation leverage for buyers; combined with a down price year-over-year trend, expect increased sensitivity around pricing.

4. Inventory conditions in the analyzed sample reflect excess supply relative to sales activity, while market temperature is neutral and interest rate pressure is elevated; this combination suggests a balanced-to-cooling market where lenders and price adjustments will influence transaction timing and competitiveness.

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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.