78251
San Antonio, Texas

The 78251 ZIP code recorded a median sale price of $280,499 in February 2026, down 2.9% year-over-year, signaling a cooling trend in this San Antonio submarket. Homes are taking 77 days to sell, well above the typical 30-45 day range seen in balanced markets. Only 14% of properties are closing above asking price, indicating buyers have regained negotiating leverage after the post-pandemic seller's market evaporated.

This environment favors cash buyers and value-oriented investors who can wait through the 77-day marketing period to negotiate below-list deals. The 2.9% annual decline creates entry points for first-time buyers previously priced out, particularly those without bidding war competition affecting only 14% of transactions. Sellers face headwinds and should avoid this market unless relocation or financial circumstances force a sale during the current depreciation cycle.

The PropIQ score of 55 signals caution, suggesting price stabilization remains six to nine months away based on current absorption rates. The 77-day inventory cycle indicates supply exceeds demand, likely preventing appreciation until days-on-market compress below 60. Investors should monitor whether the year-over-year decline accelerates beyond 3% next quarter, which would confirm a deeper correction requiring further price discovery before capital deployment.