78147
San Antonio, Texas

ZIP code 78147 presents a challenging market environment with a median sale price of $252,000, down 17.0% year-over-year as of February 2026. The average days on market has extended to 580 days, indicating severe inventory stagnation and weak buyer demand. Despite this sluggishness, 50% of homes still sell above list price, suggesting a bifurcated market where desirable properties move while others languish, creating the extended DOM average.

This market favors patient buyers with strong negotiating positions, particularly those willing to wait out the 580-day average absorption period for maximum leverage. The 17% annual price decline creates entry opportunities for long-term holders and cash buyers who can capitalize on distressed timelines. Sellers face difficult conditions and should avoid this market unless necessary, as the combination of falling prices and extreme days on market indicates structural demand weakness.

The PropIQ score of 66 signals caution, reflecting the tension between falling prices and the 50% above-list metric that prevents a lower rating. Watch for continued inventory accumulation if DOM remains elevated beyond 600 days, which would pressure prices further. The score suggests stabilization is possible but not imminent, requiring monitoring of sale velocity and whether the year-over-year decline moderates in coming quarters.