The story of this market
The typical home in ZIP 78205 sells for about $608,000, or $445 per square foot.
Prices are down 2.1% from a year ago, which gives buyers more room to negotiate. Homes take about 30 days to sell. HUD's fair market rent for a two-bedroom is $2,024 a month.
ZIP 78205 — San Antonio
The 78205 market is characterized by high-end condo inventory and significant vacancy pressure, resulting in a cautious outlook. While the area benefits from its prime downtown location, the high price-to-rent ratio and lower median household income create a challenging environment for investors. Figures for specific metrics like days on market and price cuts are based on current active listing data.
This ZIP is best suited for urban professionals, investors specializing in high-end downtown condos, and those seeking a walkable, city-center lifestyle.
Median prices moved down 2.1% year over year.
Homes spend a median of 30 days on market with 4.2 months of supply — a fast-moving market.
15% of listings have cut prices · homes sell at 96.5% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 5.2% · poverty 18.0% — a stable, low-distress profile.
versus the prior ACS vintage
ZCTA 78205, Bexar County TX
The area is primarily the downtown San Antonio core, characterized by high-density residential and commercial development with proximity to the River Walk.
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).
Located in the heart of downtown San Antonio, this ZIP offers high walkability and immediate access to major employment hubs via central transit corridors.
The area is anchored by the San Antonio River Walk, providing extensive pedestrian trails, dining, and entertainment venues within walking distance.
The rental market is characterized by high vacancy rates (approx. 29.6%) and a high price-to-rent ratio, making it challenging for traditional cash-flow investors.
The economy is heavily driven by tourism, hospitality, and government services due to its location in the San Antonio central business district.
The area is served by VIA Metropolitan Transit and is highly accessible via major downtown highway loops.
Development is focused on urban infill and the revitalization of historic downtown properties.
The Bexar County Appraisal District manages property assessments for all parcels within the county.
Parcels are subject to San Antonio ISD and various municipal utility and special service districts.
Data retrieved from ZCTA 78205 census profiles.
Public schools whose reported address is in this area (NCES). Not attendance boundaries — schools that serve residents may sit outside it. Check the district's address locator for assignment.
- SeaWorld San Antonio4.313 mi
- Six Flags Fiesta Texas4.314.2 mi
- Traders Village San Antonio4.510.5 mi
- San Antonio Aquarium4.18.6 mi
- Morgan's Wonderland4.89.8 mi
- Alamodome4.30.6 mi
- Frost Bank Center4.53 mi
- Henry B. González Convention Center4.60.3 mi
- Historic Market Square4.60.8 mi
- San Antonio Botanical Garden4.73 mi
- San Antonio River Walk4.70.1 mi
- The Alamo4.60.2 mi
- San Antonio Zoo4.53 mi
- Pearl4.71.4 mi
- Japanese Tea Garden4.82.7 mi
- The Alamo4.60.2 mi
- Pearl4.71.4 mi
- Hopscotch San Antonio4.70.4 mi
- The DoSeum4.52.3 mi
- Witte Museum4.73 mi
- San Antonio River Walk4.70.1 mi
- Pearl4.71.4 mi
- Japanese Tea Garden4.82.7 mi
- San Antonio Botanical Garden4.73 mi
- Brackenridge Park4.72.7 mi
- Mission Del Lago Golf Course4.28.9 mi
- Brackenridge Park Golf Course4.21.9 mi
- The Quarry Golf Course4.55.2 mi
- Riverside Golf Course and Teddy Bear Par 34.12.9 mi
- Northern Hills Golf Club4.210.6 mi
- North Star Mall4.56.6 mi
- Ingram Park Mall4.38.7 mi
- Shops at Rivercenter4.50.1 mi
- Historic Market Square4.60.8 mi
- South Park Mall4.35.4 mi
- San Antonio International Airport4.37.5 mi
- Alamo Helicopter Tours4.95.9 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
A world-renowned network of walkways along the banks of the San Antonio River.
A historic Spanish mission and fortress compound located in the heart of the ZIP.
Key-figure check: median price corroborated by the prior refresh cycle (within 12.5%).