78027
San Antonio, Texas

# ZIP 78027 Market Report – San Antonio, TX

The 78027 market shows extraordinary price appreciation with the median sale price reaching $685,000, representing a 136.2% year-over-year increase. Homes are moving at a moderate pace with an average 29 days on market, yet buyer resistance is evident as zero percent of properties are closing above list price. This disconnect between aggressive price growth and subdued bidding behavior indicates sellers are capturing gains while buyers exercise pricing discipline at current valuation levels.

This environment favors sellers with existing equity who can list competitively within the $685,000 median range and expect reasonable turnover without premium offers. Patient buyers benefit from the absence of bidding wars, gaining negotiating leverage despite elevated prices. Long-term investors should approach cautiously given the 136.2% appreciation may have compressed near-term upside, though the 29-day absorption rate suggests fundamental demand persists at these price points.

The PropIQ score of 76 signals neutral conditions with monitoring recommended, suggesting the extreme growth rate is unlikely sustainable. The zero-percent above-list metric combined with triple-digit appreciation indicates potential price stabilization or correction risk ahead. Market participants should track days-on-market trends and list-to-sale price ratios monthly, as any extension beyond 29 days or increasing price cuts would confirm momentum shift toward buyer advantage.