San Antonio, TX

The housing market in this ZIP code is characterized as Cooling. Despite an increase in new listings and active inventory over the past year, pricing metrics show declines both month-over-month and year-over-year. A rising share of price reductions further indicates a shift in market dynamics.

The median listing price currently stands at $206,999, representing a 2.6% decline from the prior month and a 5.5% decrease compared to the prior year. Active listings have expanded significantly, up 24.7% over the past year to 232 units, while new listings increased by 33.3% during the same period to 64. The median days on market have extended by 10.8% year-over-year, reaching 57 days. Price reductions are more prevalent, with 40.6% of listings experiencing a price cut, an increase of 12.8% over the past year. The median price per square foot is $139, down 7.7% year-over-year.

The escalating inventory levels and the rising share of price-reduced listings suggest a market where buyers are encountering more options and less pressure for rapid decision-making. The increase in median days on market indicates properties are taking longer to move from listing to pending status. While the pending ratio is stable at 0.30 year-over-year, the overall trends point to a market where price discipline is becoming more pronounced, and buyers may find increased negotiating leverage.

The average listing price of $213,916 exceeds the median listing price of $206,999, indicating a segmentation where higher-priced properties exert some influence on the average. The median price per square foot is $139.