78248
San Antonio, Texas
San Antonio 78248 needs watching.
The 78248 ZIP code in San Antonio, Texas has a median sale price of $500K, down -6.5% year-over-year. Homes spend an average of 74 days on market, with 9% of homes selling above list price.
Folio's PropIQ™ score of 55 signals Caution conditions. Elevated price drops and longer days on market indicate softening in 78248.
The 78248 market has shifted decisively toward buyers, with the median sale price reaching $500,000 while declining 6.5% year-over-year. Homes are sitting for an average of 73.5 days, and only 9% of properties are closing above list price. This represents a significant cooling from prior market conditions, with sellers facing extended timelines and limited pricing power. The data indicates a market in transition, where previous seller advantages have eroded substantially.
Buyers with flexible timelines and negotiation discipline will extract maximum value in these conditions. The 73.5-day average suggests room for 10-15% under-ask offers on properties exceeding 90 days on market. Investors seeking cash-flow properties can leverage the -6.5% price correction to establish positions at reduced basis costs. Conversely, sellers face headwinds and should expect longer marketing periods unless pricing 3-5% below recent comparables.
The PropIQ score of 55 signals continued caution, suggesting stabilization has not yet arrived in 78248. Markets rarely reverse from -6.5% annual declines without first establishing a price floor through sustained transaction volume. Watch for days-on-market to contract below 60 and above-list closings to exceed 15% before confirming trend reversal. Current indicators point to 6-9 months of sideways price action before momentum shifts.
What is the median home price in 78248 San Antonio?
The median sale price in 78248 is $500K, down -6.5% year-over-year as of 2026-02-28.
How long do homes stay on the market in San Antonio 78248?
Homes in 78248 San Antonio spend an average of 74 days on market before going under contract.
Is San Antonio 78248 a good place to invest in real estate?
Folio's PropIQ™ score for 78248 is 55/100 — a Caution signal. 9% of homes sold above asking.
What does a PropIQ™ score of 55 mean for 78248?
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 55 = Caution in 78248 San Antonio, Texas.