San Antonio, TX 78245 Real Estate Market Report

ZIP Code: 78245
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: 78245) is $255,230, reflecting a recalibration in the housing market. This price indicates a downward trend, as the market has experienced a general decrease in sold prices year-over-year. The current environment is characterized by elevated inventory levels and longer median days on market, which now stand at 171 days. These factors suggest a shift towards a more balanced market, where buyers may have increased negotiating power due to the excess supply relative to sales activity.

In this context, the median listing price is $299,900, which reveals a notable gap between asking prices and actual sold prices. This discrepancy may indicate seller expectations that are not fully aligned with current market realities. The overall market temperature is described as neutral, suggesting that while there is moderate sales activity, the balance between supply and demand is stabilizing rather than favoring either buyers or sellers significantly. As rental prices also soften, the market may be adjusting to the pressures of elevated interest rates, currently around 5.875% for a 30-year fixed mortgage, which remains lower than the national average of 6.19%.

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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, around 5.875% are notably lower than the national average of 6.19% for February 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 $255,230 indicates a market that is recalibrating with downward pressure on prices.

2. With a median days on market of 171, the market is experiencing slower sales velocity, suggesting potential pricing friction.

3. The median listing price of $299,900 reflects seller expectations that may not align with buyer sentiment, indicating a potential gap in market perception.

4. Elevated inventory levels suggest excess supply relative to sales activity, which may provide buyers with more options and negotiating power.

5. The overall market temperature is neutral, indicating a balanced environment with moderate transaction volume.

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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.