San Antonio, TX 78254 Real Estate Market Report

ZIP Code: 78254
Report Date: February 2026
Market Temperature: COLD
Scope: Single-Family Residential (SFR) listings and comps only

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Executive Overview

As of February 2026, the real estate market in San Antonio, TX (ZIP: 78254) is characterized by a median sold price of $317,250, reflecting a modest cooling trend. The market has seen a decrease in activity, with a year-over-year price trend that is down. This decline in sold prices suggests a shift in buyer sentiment, likely influenced by elevated interest rates and a broader economic context. The median days on market stands at 182, indicating slower sales velocity and a potential adjustment period for sellers to align with current market conditions.

Inventory levels are elevated relative to sales activity, suggesting excess supply in the market. While the median listing price of $357,250 shows a significant gap from the sold price, this may indicate pricing friction as sellers adjust expectations. Despite these challenges, the local market remains attractive due to relatively affordable housing compared to other Texas metros, although the median market rent of $2,070 reflects a tightening rental landscape. Overall, the market appears to be in a state of transition, with opportunities for buyers amidst a cooling environment.

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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 Cold market indicates weak buyer demand relative to available inventory, typically characterized by declining or flat prices, extended days on market, and elevated inventory levels 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, around 5.89% are slightly higher than recent averages seen in early February 2026 near 5.75%.

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 $317,250 reflects a down trend in the market, indicating potential challenges for sellers.

2. With a median days on market of 182, the market is experiencing slower sales velocity, suggesting buyers are taking more time to make decisions.

3. The median listing price of $357,250 shows a significant gap from the sold price, indicating pricing friction as sellers may need to adjust expectations.

4. Elevated inventory levels suggest excess supply relative to sales activity, contributing to a cooling market temperature.

5. The median market rent of $2,070 indicates a tightening rental market, which may influence buyer decisions in the housing sector.

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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.