San Antonio, TX

The housing market in this ZIP code is currently cooling. Key indicators show a softening trend, with the median listing price experiencing a year-over-year decline and active listings increasing. This is further reflected in a lower pending ratio and extended days on market, suggesting a less frenetic pace of activity compared to the prior year.

The median listing price currently stands at $258,000, reflecting a month-over-month decrease of 0.7% and a year-over-year contraction of 3.5%. Active listings have expanded by 15.9% over the past year to 248 units. Conversely, new listings have decreased by 10.0% year-over-year to 72. The median days on market have notably increased by 32.7% over the past year, reaching 69 days, while the share of price-reduced listings is 27.8%, a modest decline of 1.4% year-over-year. The pending ratio is 0.44, down 1.4% from the prior year.

The rising active listings and significantly longer days on market indicate reduced urgency among buyers, allowing for more deliberate decision-making. The lower pending ratio and a decline in the median listing price suggest that pricing discipline is becoming more critical for sellers to attract offers, as inventory pressure has eased. This environment affords buyers greater opportunity for negotiation and less competitive transactional conditions.

The average listing price, at $262,968, maintains a narrow spread over the median listing price of $258,000, indicating a relatively uniform distribution of housing values within the ZIP code. The median price per square foot is $148, which is down 8.0% over the past year.