San Antonio, TX 78247 Real Estate Market Report

ZIP Code: 78247
Report Date: April 2026
Market Temperature: NEUTRAL
Scope: Single-Family Residential (SFR) listings and comps only

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Executive Overview

As of April 2026, the San Antonio housing market in ZIP code 78247 shows a median sold price of $286,000, reflecting a stable environment with slight appreciation in prices. This price point indicates a healthy market activity, as it serves as a key indicator of recent transaction values. The neighborhood has increased 15% since 2023, suggesting a positive trend in property values over the past few years.

The market is currently characterized by elevated inventory levels, with a notable median days on market of 177 days. This extended period indicates a slower sales velocity, allowing buyers to gain more negotiating power. The median listing price stands at $296,950, which, while higher than the sold price, may reflect seller expectations in a market that is normalizing and balancing out after previous years of rapid growth.

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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

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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 78247 are averaging 6.46%, which is 0.24% higher than the 6.22% average recorded in early March 2025.

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 $286,000 suggests a stable market with slight appreciation in property values.

2. With a median days on market of 177 days, the market is experiencing slower sales velocity, indicating potential pricing friction.

3. The median listing price of $296,950 is higher than the sold price, which may reflect seller expectations amidst a normalizing market.

4. Market temperature is neutral, suggesting balanced conditions between buyers and sellers without significant pressure in either direction.

5. The median market rent of $1,910 indicates a robust rental market, although the year-over-year trend for rent is down, suggesting caution in rental pricing.

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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.