78278
San Antonio, Texas

The 78278 ZIP code shows a median sale price of $532,500 with a measured 4.0% year-over-year appreciation, indicating steady but unremarkable growth. Properties are averaging 46 days on market, slightly above the rapid turnover threshold of 30 days that typically signals strong demand. Notably, zero homes are selling above list price, a clear indicator that buyer urgency has evaporated and sellers hold limited pricing power in current negotiations.

This market configuration favors patient buyers who can leverage the absence of bidding wars and extended DOM to negotiate at or below asking prices. Investors seeking quick appreciation should look elsewhere, as the 4.0% gain barely outpaces inflation and carrying costs. Sellers with immediate liquidity needs face headwinds, while those who can wait for seasonal demand shifts or list competitively priced properties may still transact within the 46-day average window.

The PropIQ score of 47 signals caution, suggesting underlying friction in market fundamentals that could pressure prices if demand softens further. The combination of zero above-list sales and extended marketing periods indicates vulnerability to economic shocks or rising inventory levels. Prospective participants should monitor monthly DOM trends and new listing volumes closely, as deterioration in either metric would confirm the bearish thesis implied by the below-midpoint intelligence score.