78211
San Antonio, Texas

The 78211 market registers a median sale price of $209,499 with an 8.3% year-over-year increase, indicating moderate appreciation in a sub-$250,000 price band. Homes average 100.5 days on market, significantly above the regional fast-moving threshold of 60 days, while only 6% of sales close above list price. This combination signals a market where sellers maintain pricing power through appreciation but face extended marketing periods and limited competitive bidding pressure.

This environment favors patient buyers with financing contingencies who can negotiate during the three-month average listing window. The 6% above-list metric means 94% of transactions close at or below asking price, creating room for offer negotiations that faster markets eliminate. Cash investors seeking turnkey properties under $250,000 face manageable competition, while sellers benefit from continued appreciation but must price competitively given the 100-day absorption rate and minimal bidding wars.

The PropIQ score of 61 indicates caution rather than confidence, suggesting current appreciation rates may not sustain through 2026. Markets averaging over 90 days on inventory typically see price growth decelerate within two quarters when scored below 65. Monitor monthly absorption rates and the gap between list and sale prices—widening spreads beyond current levels would confirm the cooling trend this intelligence score anticipates for upcoming quarters.