78262
San Antonio, Texas

ZIP code 78262 demonstrates measured appreciation with a median sale price of $738,500, marking a 2.1% year-over-year increase that trails both inflation and broader San Antonio metro gains. Market velocity has decelerated significantly, with properties averaging 123 days on market—nearly double pre-2023 absorption rates. Only 33% of homes are selling above list price, indicating sellers retain limited pricing power despite the luxury price point in this northern Bexar County submarket.

These conditions favor patient buyers with secure financing who can leverage extended negotiation windows. The 123-day marketing period creates opportunity for buyers to conduct thorough due diligence and negotiate concessions that were unavailable during tighter market cycles. Sellers with equity cushions and flexible timelines can still extract modest gains, but those requiring quick liquidity face meaningful challenges given the 67% majority of transactions closing at or below asking price.

The PropIQ score of 71 signals neutral conditions with downside risk if days on market extends beyond 130 or if the above-list percentage drops below 30%. Price appreciation at 2.1% suggests stabilization rather than momentum, making inventory growth the critical variable to monitor through Q2 2026. Any expansion in active listings without corresponding demand improvement would pressure the score toward bearish territory below 65.