San Antonio, TX 78254 Real Estate Market Report

ZIP Code: 78254
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: 78254) is characterized by a median sold price of $309,000, reflecting a stable market environment. The neighborhood has experienced a flat price trend year-over-year, indicating that while there is some stability, there is also a lack of upward momentum in pricing. This suggests that buyers may have more negotiating power in the current landscape, particularly given the elevated interest rate pressure affecting buyer enthusiasm and overall market dynamics.

The market is currently rebalancing, with median days on market extending to 148 days, which points to a slower sales velocity. Elevated inventory levels relative to sales activity suggest that there is excess supply in the market, contributing to a more neutral market temperature. This shift may indicate a transition toward a more balanced market, where buyers and sellers are negotiating more effectively amidst changing economic conditions.

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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 the San Antonio TX 78254 market average around 6.38% as of late March 2026, which is 0.27% lower than the 6.65% average from 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 $309,000 suggests stable market conditions, with no significant price increases observed recently.

2. A median days on market of 148 days indicates a slower sales velocity, reflecting a potential shift in buyer sentiment and negotiation dynamics.

3. Elevated inventory levels relative to sales activity point to excess supply, which may provide buyers with more options and leverage in negotiations.

4. The median listing price of $349,995 shows a notable gap compared to the sold price, indicating potential pricing friction as sellers adjust expectations to align with market realities.

5. With median market rent at $2,070 and a down trend in rents year-over-year, rental performance may be softening, which could further influence buyer decisions in the housing market.

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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.