78216
San Antonio, Texas
San Antonio 78216 needs watching.
The 78216 ZIP code in San Antonio, Texas has a median sale price of $315K, down -8.0% year-over-year. Homes spend an average of 93 days on market, with 5% of homes selling above list price.
Folio's PropIQ™ score of 45 signals Caution conditions. Elevated price drops and longer days on market indicate softening in 78216.
# ZIP 78216 Market Report – San Antonio, TX
The 78216 market is experiencing notable downward pressure, with median sale prices at $315,000 representing an 8.0% year-over-year decline. Homes are taking 93 days to sell, significantly longer than the metro average, while only 5% of properties close above asking price. This pricing environment signals a clear shift from the seller-dominated conditions of recent years, with transaction velocity slowing and buyer negotiating power increasing across the ZIP code.
These conditions favor patient buyers with financing secured who can capitalize on the 8.0% price correction and extended negotiation windows created by 93-day market times. Investors seeking cash-flowing rentals may find entry points 8% below last year's peaks, though the 45 PropIQ score warrants conservative underwriting assumptions. Sellers face headwinds and should expect offers below list price, given that 95% of transactions close at or under asking in the current environment.
The PropIQ score of 45 suggests deteriorating fundamentals that may drive further price adjustments in coming quarters. With only 5% of homes commanding premiums and inventory absorption stretching past three months, the data points toward continued buyer advantage through mid-2026. Monitor employment trends and inventory levels closely, as the 45 rating indicates this market has not yet found its floor.
What is the median home price in 78216 San Antonio?
The median sale price in 78216 is $315K, down -8.0% year-over-year as of 2026-02-28.
How long do homes stay on the market in San Antonio 78216?
Homes in 78216 San Antonio spend an average of 93 days on market before going under contract.
Is San Antonio 78216 a good place to invest in real estate?
Folio's PropIQ™ score for 78216 is 45/100 — a Caution signal. 5% of homes sold above asking.
What does a PropIQ™ score of 45 mean for 78216?
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 45 = Caution in 78216 San Antonio, Texas.