78245
San Antonio, Texas

The 78245 ZIP code shows contractionary pressure with a median sale price of $283,000, down 5.7% year-over-year as of February 2026. Inventory absorption has slowed considerably, with properties averaging 102.5 days on market. Only 15% of homes are selling above list price, indicating weak buyer urgency and meaningful negotiating leverage shifting away from sellers. This price compression follows a broader normalization pattern after prior appreciation cycles.

This environment favors price-sensitive primary homebuyers with time to negotiate and conduct thorough due diligence during the extended 102.5-day marketing window. The 5.7% price decline creates entry points approximately $17,000 below last year's levels at the median. Sellers face headwinds and should anticipate longer holding periods and potential concessions, while investors seeking immediate appreciation will find limited momentum given the 15% above-list metric and negative price trajectory.

The PropIQ score of 55 signals caution, suggesting continued sideways-to-downward price action without clear recovery catalysts in the near term. The sub-median intelligence rating indicates monitoring for further DOM expansion or capitulation pricing if the 15% above-list figure deteriorates further. Stabilization requires DOM compression below 90 days and above-list transactions exceeding 25% to confirm demand recovery, neither of which current data supports.