The story of this market
The typical home in ZIP 78223 sells for about $211,000, or $138 per square foot.
Prices are up +5.5% from a year ago, so sellers still have some momentum. Homes take about 69 days to sell, which is slow. HUD's fair market rent for a two-bedroom is $1,361 a month.
ZIP 78223 — San Antonio
The 78223 housing market shows a median sale price of $211,000 with a year-over-year increase of 5.5%. Market activity is currently characterized by a median of 69 days on market and a high share of price cuts, suggesting a cautious environment for sellers. Investors should note that while entry prices are lower, the market requires careful underwriting due to local economic headwinds.
This ZIP is primarily suited for budget-conscious family buyers and experienced investors who are comfortable navigating a market with lower price points and specific risk factors.
Median prices moved up 5.5% year over year.
Homes spend a median of 69 days on market with 3.6 months of supply — a balanced-paced market.
49% of listings have cut prices · homes sell at 98% of asking — demand is holding steady.
7 foreclosure-ledger notices — 1.2 per 10,000 residents · unemployment 6.0% · poverty 18.0% — a mixed stability profile.
versus the prior ACS vintage
ZCTA 78223, Bexar County TX
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).
The rental market in 78223 is characterized by a median rent of $1,361 per month, with a competitive landscape that requires tight underwriting for investors.
The local economy is influenced by the broader San Antonio employment base, with a mix of industries typical of the region.
Data retrieved from US Census Bureau ACS 2024 estimates and local demographic aggregators.
- Traders Village San Antonio4.513.3 mi
- San Antonio Aquarium4.117.6 mi
- Morgan's Wonderland4.816.3 mi
- Round1 Bowling & Arcade - San Antonio4.115.7 mi
- Dave & Buster's Balcones Heights4.215.8 mi
- Alamodome4.38.9 mi
- Frost Bank Center4.58.7 mi
- Henry B. González Convention Center4.69.3 mi
- Historic Market Square4.610.1 mi
- San Antonio Botanical Garden4.711 mi
- San Antonio River Walk4.79.5 mi
- The Alamo4.69.7 mi
- San Antonio Zoo4.511.7 mi
- Pearl4.710.5 mi
- Japanese Tea Garden4.811.6 mi
- The Alamo4.69.7 mi
- Pearl4.710.5 mi
- Hopscotch San Antonio4.79.9 mi
- The DoSeum4.511 mi
- Witte Museum4.711.5 mi
- San Antonio River Walk4.79.5 mi
- Pearl4.710.5 mi
- Japanese Tea Garden4.811.6 mi
- San Antonio Botanical Garden4.711 mi
- Brackenridge Park4.711.4 mi
- Mission Del Lago Golf Course4.24.3 mi
- Brackenridge Park Golf Course4.210.9 mi
- Riverside Golf Course and Teddy Bear Par 34.17.1 mi
- Golf - Fort Sam Houston Golf Course4.111.5 mi
- K.O.P. Sports & Entertainment Center4.39.5 mi
- Shops at Rivercenter4.59.5 mi
- Historic Market Square4.610.1 mi
- South Park Mall4.38.2 mi
- Fort Sam Houston Exchange4.510.4 mi
- PicaPica Plaza4.35.8 mi
- San Antonio International Airport4.316.1 mi
- Alamo Helicopter Tours4.94.4 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
Key-figure check: median price corroborated by the prior refresh cycle (within 12.5%).