ZIP 78240 Housing Market & Real Estate Update (February 25, 2026)
78240 – February 25, 2026 – Prices are edging lower year over year while listings take longer to sell; buyers may have a bit more leverage now.
ZIP 78240 (San Antonio, TX) is heading into late winter with a market that looks calmer than last year: prices are slightly softer, marketing times are a bit longer, and buyers are seeing more room to negotiate.
Top takeaways
- Recent closed-sale pricing is modestly down year over year, with slower pace than last winter.
- Inventory is still active (roughly the high-100s of homes for sale on major portals), so selection remains decent.
- Mortgage rates are hovering near 6%, which keeps payment sensitivity high for both first-time buyers and investors.
Market snapshot (latest available)
Redfin’s ZIP-level snapshot for January 2026 shows a median sale price around $270K (down 2.6% year over year) and a median of 62 days on market. Closed sales were higher than last year (83 vs. 74), suggesting deals are getting done even with affordability pressure.
Zillow’s Home Value Index view (data through January 31, 2026) puts the typical home value around $258,512 (down about 2% over the past year) and reports 183 homes for sale in the ZIP at month-end. Different data sources won’t match perfectly, but they point in the same direction: a steadier, more buyer-friendly feel than peak years.
Rates & affordability
Freddie Mac’s Primary Mortgage Market Survey shows the average 30-year fixed rate at about 6.11% (as of February 5, 2026). With rates still elevated versus pre-2022 norms, small price changes and seller concessions (credits for closing costs, rate buydowns, repairs) can meaningfully affect monthly payments in 78240.
Rentals check-in
On the rental side, Realtor.com’s ZIP overview lists a median rent around $1,545/month. If you’re renewing soon, watch for unit-by-unit variation: renovated units and those closest to major employment corridors can reprice faster than older stock.
What’s for sale nearby (no address, just categories)
- Move-in-ready single-family homes around the mid-$200Ks to low-$300Ks where condition and financing terms matter most.
- Condos/townhomes that can pencil better for budget-focused buyers, but HOA dues change the affordability math.
- Rentals and smaller investment properties where days-on-market trends can help you negotiate.
ServiceXTC local-pro needs (real-estate adjacent)
If you’re buying, prepping to list, or planning post-close upgrades, these ServiceXTC directory providers may help (availability varies by area):
- Next Level Roofing and Siding LLC — Roofing contractor
- W C Taylor & Son Plumbing Services — Plumbing services
- Zoop HVAC Repair | Surprise — HVAC / air conditioning repair
- UDG Services LLC — Appliance repair service
Sources (no links in-body)
- Redfin: 78240 housing market + 78240 homes for sale pages
- Zillow: 78240 Home Values (ZHVI) page
- Realtor.com: 78240 market overview page
- Freddie Mac: PMMS weekly mortgage rates
- ServiceXTC: provider directory pages listed above
What are you seeing in 78240 right now — more price cuts, more concessions, or are well-priced homes still moving quickly?