San Antonio, TX 78245 Real Estate Market Report

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.

Market Metrics

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.

Rental Market

Property Taxes

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.

Market Trends & Context

Note: Interest rate comparisons provide market context. The existing "Interest Rate Pressure" metric above shows the qualitative market impact.

Key Findings

1. The primary indicator of recent market value is the median sold price of $257,580, which represents the most reliable signal of transaction-level pricing in the ZIP 78245 market and suggests current seller realizations are notably below asking expectations given the median listing price of $294,450 (pricing gap).
2. Sales are proceeding with slower velocity as indicated by the median days on market of 108, which, combined with elevated inventory relative to sales activity, appears to give buyers greater negotiation leverage and suggests more balanced conditions rather than a heated market.
3. Price direction is soft: the local price year-over-year trend is down, while the market temperature is neutral, indicating that prices are stabilizing after prior growth and that transaction-level pricing may continue to be pressured in the near term (down).
4. Rental market signals are weakening: the median market rent of $1,750 and a rent year-over-year trend of down align with reported increased apartment supply; combined with moderate interest rate pressure (current local 30-year rates around 6.44%), this suggests caution for investors relying on near-term rent growth (down).

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.