78255
San Antonio, Texas

ZIP code 78255 in San Antonio has entered a significant price correction, with the median sale price at $552,000 representing a 23.9% year-over-year decline. Properties are averaging 135 days on market, more than triple the typical timeframe seen during peak market conditions. Only 10% of homes are selling above list price, indicating sellers hold minimal negotiating leverage and buyer demand has substantially weakened from prior periods.

This environment heavily favors patient buyers with strong financing who can wait out extended negotiation periods. The 135-day averageDOM creates opportunity for below-asking offers, particularly for buyers unconcerned with immediate equity appreciation. Sellers face difficult conditions and should consider delaying listings unless relocating for employment or experiencing financial pressure, as the 23.9% price drop suggests further downward movement may occur before stabilization.

The PropIQ score of 51 signals caution, reflecting elevated risk that prices have not yet found a floor in this ZIP code. With 90% of homes selling at or below list price and DOM extending beyond four months, inventory absorption remains problematic. Buyers should monitor whether DOM begins contracting and the percentage of above-list sales increases above 15% before assuming price discovery has completed.