78208
San Antonio, Texas
San Antonio 78208 needs watching.
The 78208 ZIP code in San Antonio, Texas has a median sale price of $240K, down -2.2% year-over-year. Homes spend an average of 119 days on market, with 13% of homes selling above list price.
Folio's PropIQ™ score of 51 signals Caution conditions. Elevated price drops and longer days on market indicate softening in 78208.
The 78208 market shows clear deceleration with median sale prices at $239,500, down 2.2% year-over-year, while homes average 118.5 days on market. Only 13% of properties sold above list price in the latest period, indicating minimal competitive pressure. This represents a distinct shift from the aggressive bidding environment that characterized San Antonio's urban core during the previous cycle, with inventory absorption slowing considerably across this near-downtown ZIP code.
Price-sensitive buyers gain leverage in this environment, particularly those willing to negotiate on the 87% of homes selling at or below list. The 118.5-day market time provides extended due diligence windows compared to faster-moving submarkets. Investors seeking immediate cash flow should proceed cautiously given the negative price trajectory, though the sub-$240,000 entry point may attract fix-and-flip operators banking on below-market acquisitions from motivated sellers facing prolonged listing periods.
The PropIQ score of 51 signals neutral-to-bearish momentum, suggesting price stabilization remains uncertain through mid-2026. Monitor monthly inventory levels and days-on-market trends; any extension beyond 120 days would intensify downward price pressure. The 2.2% decline may accelerate if the current 13% above-list ratio deteriorates further, while stabilization requires that metric reaching 20-25% alongside sub-100-day absorption rates before confirming a bottom.
What is the median home price in 78208 San Antonio?
The median sale price in 78208 is $240K, down -2.2% year-over-year as of 2026-02-28.
How long do homes stay on the market in San Antonio 78208?
Homes in 78208 San Antonio spend an average of 119 days on market before going under contract.
Is San Antonio 78208 a good place to invest in real estate?
Folio's PropIQ™ score for 78208 is 51/100 — a Caution signal. 13% of homes sold above asking.
What does a PropIQ™ score of 51 mean for 78208?
PropIQ™ is Folio's proprietary market score combining price momentum, days-on-market velocity, inventory absorption, and investment signals into a 0–100 number. Score of 51 = Caution in 78208 San Antonio, Texas.