The story of this market
The typical home in ZIP 79245 sells for about $295,000, or $165 per square foot.
Prices are down 2.5% from a year ago, which gives buyers more room to negotiate. Homes take about 48 days to sell. HUD's fair market rent for a two-bedroom is $1,800 a month.
ZIP 79245 — Memphis
The 78245 housing market is showing signs of stabilization after a period of rapid growth, with a median sale price of $295K. While days on market have declined, signaling active buyer interest, the market remains sensitive to interest rate fluctuations. Overall, the area continues to attract families due to its relative affordability and proximity to San Antonio's economic hubs.
This ZIP is well-suited for families and commuters seeking suburban living with reasonable access to San Antonio's major employment centers. It offers a balance of affordability and established community amenities.
Median prices moved down 2.5% year over year.
Homes spend a median of 48 days on market with 3.2 months of supply — a fast-moving market.
22% of listings have cut prices · homes sell at 98.5% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 4.1% · poverty 9.5% — 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 6.7%/yr trend — a deterministic estimate, not a published forecast or guarantee.
Median annual property tax paid on this ZIP's residential parcels
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 5.2%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
net influx — more people moved in than out
ZCTA 78245, Bexar County TX
Crime rates in the area are generally consistent with broader San Antonio suburban trends, with property crime being the primary concern. Local law enforcement maintains active community outreach programs to address neighborhood safety.
Schools serving the area are primarily part of the Northside Independent School District, which is generally well-regarded for its academic programs and extracurricular offerings.
The area is subject to standard Texas climate risks, including potential for severe thunderstorms and occasional flash flooding in low-lying zones. Property insurance premiums have seen upward pressure due to regional hail and wind exposure.
The area benefits from proximity to major San Antonio employment hubs and ongoing residential development. Infrastructure improvements are focused on expanding arterial road capacity to support the growing population.
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 rely on personal vehicles for commuting, with access to major highways like Loop 1604 and Highway 90 providing routes to downtown San Antonio and the Westover Hills employment corridor.
The area features several community parks and is within a short drive of larger regional greenbelts and sports complexes. Retail and dining options are concentrated along major thoroughfares within the ZIP.
The rental market is competitive with a mix of single-family homes and apartment complexes. Vacancy rates are stable, and rent growth has moderated compared to the post-pandemic peak.
The local economy is anchored by healthcare, financial services, and the military-industrial sector in the greater San Antonio area. Major employers include nearby corporate campuses and regional medical centers.
The area is served by a network of highways and arterial roads, with limited public transit options primarily provided by VIA Metropolitan Transit.
Development is focused on expanding residential capacity and improving traffic flow through road widening projects.
The Bexar County Appraisal District conducts annual property valuations to determine tax assessments.
Parcels are subject to various special districts, including school districts, emergency services districts, and potential MUDs in newer developments.
Property insurance costs are influenced by regional weather patterns, with premiums reflecting exposure to wind and hail risks.
Data retrieved from data.census.gov ZCTA-level tables.
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.
Large protected area offering hiking and biking trails.
Major retail and dining hub serving the western San Antonio area.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.