San Antonio, TX 78247 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. median sold price 254,980 is the primary indicator of recent market value and transaction activity; this level suggests completed transactions are running materially below asking expectations, given the median listing price 294,450, which may indicate pricing friction between sellers and buyers — down pressure on realized prices.
2. The median days on market 68 points to slower sales velocity and longer marketing periods for SFR and condo listings, which, combined with elevated inventory relative to sales activity, suggests buyers have increased time to negotiate and may exert more leverage — moderate liquidity conditions.
3. Rental fundamentals show a median market rent 1,750 with a rent year-over-year trend of down, indicating softening rental demand that could reduce investor resale appetite and put additional downward pressure on cap-rate expectations.
4. Market context remains neutral overall (market temperature: neutral) while interest rate pressure is moderate (current 30-year fixed rates ~6.6%), implying financing costs are a meaningful headwind for some buyers but are broadly consistent with the 2026 baseline — prioritize price-motivated buyers and cautious investors in acquisition strategies.

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.