78026
San Antonio, Texas

The 78026 ZIP code reports a median sale price of $213,089 as of February 2026, representing a substantial 15.7% year-over-year increase that outpaces typical appreciation rates. However, homes are averaging 96 days on market, well above the rapid-turnover threshold of 30-45 days that characterizes competitive metros. Only 15% of properties sold above list price, indicating sellers hold limited pricing power despite the double-digit appreciation, suggesting the recent gains may reflect recovery from previous lows rather than sustained momentum.

This market favors patient buyers with secure financing who can withstand the three-month absorption period without urgency. The 96-day DOM creates negotiation leverage absent in faster markets, while the $213,089 price point remains accessible for first-time buyers and small-scale investors seeking cash flow rather than rapid appreciation. Sellers who purchased before last year's 15.7% run-up can exit profitably, but recent buyers face minimal equity cushion and extended holding periods to achieve comparable returns.

The PropIQ score of 61 signals caution, reflecting misalignment between the 15.7% price surge and weak velocity metrics that typically support such gains. The extended DOM combined with low above-list sales suggests demand has not kept pace with seller expectations set during the appreciation cycle. Buyers should monitor whether DOM continues expanding and what percentage of new listings require price reductions, as these will indicate whether the market is stabilizing or correcting from overpricing.