78052
San Antonio, Texas

The 78052 market has shifted decidedly in favor of buyers, with the median sale price settling at $274,900 after a 1.0% year-over-year decline. Homes are averaging 80.5 days on market, indicating slower absorption compared to the regional norm. Only 7% of properties are closing above asking price, a clear departure from competitive seller conditions. This pricing pressure suggests sellers are adjusting expectations after the recent correction, though transaction velocity remains tepid.

Cost-conscious first-time buyers gain the most leverage in this environment, as the sub-10% above-list metric provides negotiating room rarely available during tighter cycles. Investors seeking cash-flow properties should scrutinize rental yields carefully given the price decline may not have fully stabilized. Sellers face headwinds and should price aggressively from listing day one, as the 80-day market time punishes those testing higher price points in a market with minimal bidding competition.

The PropIQ score of 55 signals caution, reflecting uncertainty about whether the price decline has reached bottom or will extend through subsequent quarters. Monitoring inventory accumulation and any movement in the above-list percentage beyond 7% will indicate if buyer demand is firming or deteriorating further. Without catalysts for job growth or rate relief, this market likely trades sideways with continued downward price bias through mid-2026.