San Antonio, TX 78242 Real Estate Market Report

ZIP Code: 78242
Report Date: March 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: 78242) is $170,100, reflecting a stable market environment. This price indicates a balanced market where buyer negotiation power has increased due to elevated interest rates, allowing for meaningful seller concessions. The neighborhood has seen a flat trend in pricing, suggesting that while there is modest appreciation, the market is not experiencing significant upward pressure at this time.

With a median days on market of 199, the sales velocity appears slower, indicating that properties are taking longer to sell. Elevated inventory levels relative to sales activity suggest a shift away from previous seller dominance, creating opportunities for buyers in this market. The overall economic backdrop remains positive, with affordability supporting sustained demand despite the current interest rate pressures.

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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 78242 market are around 6.25% compared to recent 2026 averages near 5.50%, indicating property owners locked in a favorable rate.

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 $170,100 indicates a stable market with modest appreciation.

2. Properties are experiencing a median days on market of 199, suggesting slower sales velocity and potential pricing friction.

3. Elevated inventory levels relative to sales activity may indicate a shift towards a more balanced market.

4. The median listing price of $198,728 shows a notable gap compared to the sold price, reflecting seller expectations versus market reality.

5. With median market rent at $1,631, rental demand remains strong, but the year-over-year trend is down, indicating caution.

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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.