78264
San Antonio, Texas

The 78264 market shows clear buyer advantage with homes spending an average of 146 days on market and median prices declining 6.8% year-over-year to $197,999. Only 6% of transactions close above asking price, indicating sellers hold minimal negotiating leverage. The extended marketing period reflects softening demand in this San Antonio ZIP code, with inventory accumulating as price discovery continues downward from previous peaks.

This environment favors price-sensitive first-time buyers and bargain-focused investors who can leverage the 146-day average DOM for aggressive negotiations. The -6.8% annual depreciation and 94% of homes selling at or below list price create conditions for below-ask offers with significant concession potential. Current sellers face headwinds unless pricing strategy accounts for the documented downward pressure, requiring realistic expectations given only 6% achieve premium pricing.

The PropIQ score of 55 signals continued caution as market fundamentals remain unbalanced between supply and buyer absorption rates. The 146-day marketing cycle suggests inventory will persist through upcoming months without catalysts to accelerate transaction velocity. Monitoring month-over-month DOM trends and the percentage selling above list will indicate whether the -6.8% price decline stabilizes or accelerates further into 2026.