Market Intelligence · TX / San Antonio

San Antonio, TX 78231 Housing Market

The typical home value in 78231 is $447,482, up 0.5% over the past year. The median list price stands at $539,950, with homes spending a median of 50 days on the market as of September 2026.

Updated September 2026Median value$447K

The median home value in San Antonio, TX 78231 is $447K as of September 2026, up 0.5% year over year, according to Zillow ZHVI. For a read on your own home, start with a free consultation: a licensed local pro will walk you through your numbers and your options, with no obligation.

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Typical 78231 range

$412K to $483K

This is an automated estimate, not an appraisal. Actual value is determined by current market conditions and professional evaluation. It is provided for informational purposes only and is not an offer to buy or a promise of value.

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12-month value trend

+0.5% over 12 months

Sep 2025$445K

Low $444KHigh $447K

Sep 2026$447K

The numbers

What is the 78231 housing market like?

As of September 2026

Typical home value

$447K

0.5%YoY

Median list price

$540K

1.8%MoM

Days on market

19.0%MoM

Homes for sale

3.0%MoM

Price cuts

29.2%

5.8%MoM

New listings

0.0%MoM

Sources · Zillow ZHVI (September 2026) / Realtor.com (September 2026) / FRED (October 2026)

The outlook

78231 housing market forecast 2027

-1.2%

Zillow forecast, 12 months to September 2027

Zillow forecasts typical home values in 78231 to fall 1.2% by September 2027.

Over the 12 months through September 2026, typical home values in 78231 rose 0.5%, per the Zillow Home Value Index.

Will home prices drop in 78231?

Zillow's forecast says they may: it expects typical home values in 78231 to fall 1.2% by September 2027, after a 0.5% rise over the past 12 months. Forecasts are not guarantees: mortgage rates, inventory, and the wider economy can move values either way.

Forecast: Zillow Home Value Forecast, published October 2026. A forecast, not a guarantee.

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The comparison

How do 78231 home prices compare?

78231$447,482
San Antonio$220,205
Texas$258,447
United States$285,347

Median Zillow home value (ZHVI), as of September 2026. Comparison levels are medians across every ZIP code with Zillow data (San Antonio: 57 ZIPs; Texas: 1,512 ZIPs; United States: 26,262 ZIPs).

Context

As of September 2026, 32 homes are for sale in this ZIP, with 12 new listings entering the market. The median time to sale stands at 50 days, indicating steady buyer interest. However, 29.2% of listings have taken a price cut, suggesting sellers are adjusting expectations in a moderating market. The modest year-over-year gain of 0.6% in typical home value reflects a cooling appreciation trend. If you're thinking about selling, be prepared for realistic pricing from the start.

Monthly payment

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Home price

Down payment20% · $89,496

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Common questions

What people ask us.

What is the typical home value in 78231?

The typical home value is $447,482, up 0.5% over the past year as of September 2026.

How long do homes typically stay on the market in 78231?

Homes spend a median of 50 days on the market in this ZIP.

What share of listings have had price cuts?

As of September 2026, 29.2% of listings in 78231 have seen a price cut.

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Nearby ZIP markets.

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