San Antonio, TX 78245 Real Estate Market Report

ZIP Code: 78245
Report Date: March 2026
Market Temperature: NEUTRAL
Scope: Single-Family Residential (SFR) listings and comps only

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Executive Overview

As of March 2026, the real estate market in San Antonio, TX (ZIP: 78245) is characterized by a median sold price of $260,330, reflecting a stable market condition. The neighborhood has increased up year-over-year, indicating a positive trend in property values. However, the market is experiencing 165 days on average for properties to sell, which suggests a slower sales velocity and longer transaction times compared to previous periods. This shift may indicate a cooling from the previously heated market conditions, with buyers gaining more negotiating power due to the current market dynamics.

Inventory levels appear to be elevated, with a notable increase in active listings relative to sales activity. This excess supply may contribute to the longer days on market, as buyers have more options to consider. Additionally, the median listing price stands at $293,000, which creates a pricing gap that could lead to further negotiations as sellers adjust expectations to align with buyer sentiment in this more balanced market phase.

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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 average around 6.46% compared to an estimated 2.81% average rate when loans originated in 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. The median sold price of $260,330 reflects a stable market, indicating potential for continued appreciation.

2. Properties are taking an average of 165 days on market, suggesting a slower sales velocity and longer transaction times.

3. The median listing price of $293,000 indicates a pricing gap that may lead to increased seller concessions as buyers negotiate.

4. Elevated inventory levels suggest excess supply relative to sales activity, which may impact future pricing strategies.

5. The market temperature is currently neutral, indicating a balanced environment where neither buyers nor sellers have a distinct advantage.

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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.