San Antonio, TX 78254 Real Estate Market Report

ZIP Code: 78254
Report Date: May 2026
Market Temperature: NEUTRAL
Scope: This ZIP code analysis focuses on single-family residential (SFR) properties. Metrics are calculated from recent sales and active listings within the past 90 days.

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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.

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Key Findings

1. The primary market indicator, the median sold price of 289,000, represents the most recent transaction-level value and suggests modest appreciation consistent with the reported up price year-over-year trend; use this as the reference for valuation and comps.

2. There is a noticeable gap between the median listing price of 342,500 and the median sold price of 289,000, which may indicate pricing friction where seller expectations exceed recent transaction prices and suggests agents should emphasize comps and realistic pricing to accelerate closings.

3. Market liquidity appears slower given the median days on market of 103 combined with elevated inventory relative to sales activity; this suggests more time is required to convert listings into closed sales and that negotiability on terms or price may be higher than in a faster market.

4. Supply-demand and macro signals: the median price per square foot of 157 and a median market rent of 1,870, alongside a reported neutral market temperature and elevated interest rate pressure, indicate a balanced-to-cooling SFR and condo market where financing costs could constrain buyer budgets despite stable rental trends (flat rent year-over-year).

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Notable Properties

The following 6 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.