The story of this market
The typical home in ZIP 78023 sells for about $427,495, or $170 per square foot.
Prices are down 10% from a year ago, which gives buyers more room to negotiate. Homes take about 96 days to sell, which is slow. HUD's fair market rent for a two-bedroom is $1,770 a month.
ZIP 78023 — Grey Forest
The 78023 housing market is currently experiencing a cooling phase, with median sale prices down 10% year-over-year and homes spending significantly longer on the market compared to the previous year. This shift reflects broader regional trends of softening demand and increased inventory pressure. Several data points, including specific tax and rental figures, are not currently published at the ZIP level.
This ZIP code is well-suited for family buyers and commuters seeking a suburban, small-town atmosphere with convenient access to the broader San Antonio employment market.
Median prices moved down 10.0% year over year.
Homes spend a median of 96 days on market with 0.0 months of supply — a slower-moving market.
0% of listings have cut prices · homes sell at 0% of asking — demand is holding steady.
3 foreclosure-ledger notices — 3.3 per 10,000 residents — a stable, low-distress profile.
ZCTA 78023, Bexar County TX
The area is served by the Northside Independent School District, which is generally well-regarded in the San Antonio region.
The area is located in the Texas Hill Country, which presents risks related to flash flooding near creek beds and wildfire exposure in more rural, brush-heavy sections.
Helotes serves as a growing residential suburb on the northwestern edge of San Antonio, benefiting from its proximity to major employment hubs in the San Antonio-New Braunfels metro area.
Composed from the ARED governance burden registry — tier-native tax structure (state + county + city + special districts), never averaged. State (Texas) — Senior (65+) and Disabled Homestead Exemption and School Tax Ceiling: Grants an additional mandatory $10,000 exemption from ISD appraised value (Taxable Value_ISD = Appraised Value - $100,000 - $10,000) and establishes an absolute statutory tax freeze (school tax ceiling): total ISD property taxes cannot exceed the dollar ceiling established in the… State (Texas) — General Residence Homestead Exemption and 10% Valuation Growth Cap: Imposes mandatory state-level valuation deductions and growth limitations on the qualifying homestead: (1) Mandates a $100,000 deduction from appraised value for independent school district (ISD) maintenance and operations/debt taxation: Taxable Value_ISD = Appraised Value - $100… State (Texas) — Ad Valorem Real Property Taxation and Assessment Ratio: Mandates ad valorem appraisal of all real property at 100% of fair market value as of January 1 each tax year (Assessment Ratio = 1.00).
Residents primarily commute via Texas State Highway 16 toward downtown San Antonio, located approximately 16 miles to the southeast.
The area features access to the Texas Hill Country landscape, local parks, and proximity to shopping and dining districts along the Bandera Road corridor.
The local economy is largely residential, with residents primarily employed in the broader San Antonio-New Braunfels metropolitan area.
Transportation is heavily reliant on private vehicles, with Texas State Highway 16 serving as the primary arterial corridor.
Development is characterized by ongoing residential expansion on the northwestern fringe of the San Antonio metro area.
The Bexar County Appraisal District manages property assessments for all parcels within the ZIP code.
Parcels are subject to Northside Independent School District taxes and various municipal utility district assessments where applicable.
Property insurance premiums in this region are influenced by regional wildfire and storm-related hazard exposure.
Data sourced from US Census Bureau and local municipal profiles.
- Six Flags Fiesta Texas4.37.1 mi
- SeaWorld San Antonio4.311.2 mi
- San Antonio Aquarium4.111.4 mi
- Andretti Indoor Karting & Games San Antonio4.48.1 mi
- Round1 Bowling & Arcade - San Antonio4.115.5 mi
- Henry B. González Convention Center4.619.9 mi
- Historic Market Square4.619 mi
- Topgolf San Antonio4.48 mi
- San Antonio Botanical Garden4.719.6 mi
- Majestic Theatre4.719.4 mi
- Six Flags Fiesta Texas4.37.1 mi
- SeaWorld San Antonio4.311.2 mi
- Santikos Palladium4.47.6 mi
- Santikos Casa Blanca4.59.2 mi
- Cinemark San Antonio 164.312 mi
- The Alamo4.619.6 mi
- Pearl4.719.1 mi
- Hopscotch San Antonio4.719.3 mi
- The DoSeum4.519 mi
- San Antonio Aquarium4.111.4 mi
- Friedrich Wilderness Park4.86.3 mi
- Government Canyon State Natural Area4.75.2 mi
- Eisenhower Park4.89.2 mi
- O. P Schnabel Park4.77.6 mi
- Phil Hardberger Park4.812.6 mi
- Red Cove Cafe & Marina4.113.1 mi
- Joe's Place Marina & Resort - Medina Lake3.613.3 mi
- La Cantera Resort & Spa, A Signia Hilton Resort4.56.3 mi
- Topgolf San Antonio4.48 mi
- Tapatio Springs Hill Country Resort4.412 mi
- Dominion Country Club4.56.8 mi
- Cedar Creek Golf Course4.14.5 mi
- The Shops at La Cantera4.66.9 mi
- Ingram Park Mall4.312 mi
- The Rim4.67.7 mi
- T.J. Maxx & HomeGoods4.27.9 mi
- Nordstrom4.56.7 mi
- San Antonio International Airport4.316.4 mi
- Alamo Helicopter Tours4.924.7 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
A prominent local waterway that defines the valley geography of the city.
Key-figure check: median price corroborated by the prior refresh cycle (within 12.5%).