San Antonio, TX 78261 Real Estate Market Report

ZIP Code: 78261
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: 78261) reflects a median sold price of $444,765, indicating a stable market environment. The neighborhood has increased 0% since 2023, suggesting a plateau in price appreciation. This stability is accompanied by median days on market at 201, which points to a slower sales velocity, potentially due to elevated inventory levels and buyer hesitance in the face of current economic conditions.

The market is characterized by elevated inventory levels, which may provide buyers with greater negotiation power. With median listing prices at $549,450, there exists a notable gap between asking and sold prices, indicating potential pricing friction. Additionally, the median market rent stands at $2,770, while rental rates are trending down, further complicating the landscape for both buyers and sellers. Elevated interest rates continue to exert pressure on affordability, contributing to a neutral market temperature overall.

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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 78261 market average around 6.00% to 6.23% compared to an average of 6.63% a year ago, suggesting property owners locked in a favorable rate then.

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 $444,765 indicates a stable market, with no change since 2023.

2. Median days on market are at 201, reflecting a slower sales velocity and potential buyer hesitance.

3. Elevated inventory levels suggest buyers may have increased negotiation power in the current market.

4. The median listing price of $549,450 shows a significant gap compared to sold prices, indicating potential pricing friction.

5. Median market rent is at $2,770, with rental rates trending down, complicating the market dynamics.

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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.