The story of this market
The typical home in ZIP 78233 sells for about $234,301, or $158 per square foot.
Prices are down 2.1% from a year ago, which gives buyers more room to negotiate. Homes take about 62 days to sell, which is slow. HUD's fair market rent for a two-bedroom is $1,288 a month.
ZIP 78233 — San Antonio
The 78233 housing market is currently experiencing a period of softness, with median home values hovering around $234,301. Market indicators suggest a balanced to slightly buyer-favorable environment, driven by a moderate supply of active listings and a slight year-over-year decline in pricing. Investors and buyers should note that the area does not currently meet aggressive growth benchmarks, reflecting a stable but cautious market outlook.
This ZIP is well-suited for budget-conscious family buyers and commuters seeking proximity to San Antonio's employment centers without the premium pricing of newer suburban developments.
Median prices moved down 2.1% year over year.
Homes spend a median of 62 days on market with 5.8 months of supply — a balanced-paced market.
19% of listings have cut prices · homes sell at 97.2% of asking — demand is running ahead of supply.
3 foreclosure-ledger notices — 0.6 per 10,000 residents · unemployment 4.1% · poverty 10.4% — a stable, low-distress profile.
Researched annual trajectory for this ZIP, from published historical series
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 5.5%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
ZCTA 78233, 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 average commute time for residents is approximately 23.3 minutes, reflecting proximity to major San Antonio employment hubs.
The area features local parks and proximity to shopping and dining corridors within the San Antonio metropolitan reach.
The rental market shows a renter share of approximately 39.7% with a median rent of $1,288, indicating a stable but competitive rental environment.
The local economy is anchored by the broader San Antonio-New Braunfels metro area, with significant employment in healthcare, military, and retail sectors.
Data retrieved from Census Reporter and ACS 2024 5-year tables.
- Six Flags Fiesta Texas4.315 mi
- Schlitterbahn Waterpark New Braunfels4.317.8 mi
- San Antonio Aquarium4.115.6 mi
- Morgan's Wonderland4.82.3 mi
- Andretti Indoor Karting & Games San Antonio4.414 mi
- Alamodome4.312.1 mi
- Frost Bank Center4.510.2 mi
- Henry B. González Convention Center4.612.1 mi
- Historic Market Square4.612.4 mi
- San Antonio Botanical Garden4.79 mi
- San Antonio River Walk4.712 mi
- The Alamo4.611.8 mi
- San Antonio Zoo4.59.3 mi
- Natural Bridge Caverns4.79.2 mi
- Pearl4.710.7 mi
- The Alamo4.611.8 mi
- Natural Bridge Caverns4.79.2 mi
- Pearl4.710.7 mi
- Hopscotch San Antonio4.711.9 mi
- The DoSeum4.59.8 mi
- San Antonio River Walk4.712 mi
- Natural Bridge Caverns4.79.2 mi
- Pearl4.710.7 mi
- Japanese Tea Garden4.89.7 mi
- San Antonio Botanical Garden4.79 mi
- Canyon Springs Golf Club4.59.9 mi
- Brackenridge Park Golf Course4.210.2 mi
- Olympia Hills4.23.4 mi
- The Quarry Golf Course4.58.1 mi
- Northern Hills Golf Club4.22.9 mi
- North Star Mall4.58.5 mi
- Shops at Rivercenter4.511.9 mi
- Historic Market Square4.612.4 mi
- Rolling Oaks Mall4.12.7 mi
- Alamo Quarry Market4.58.3 mi
- San Antonio International Airport4.36.8 mi
- Alamo Helicopter Tours4.916.5 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%).