Is San Antonio, TX 78231 a buyer’s or seller’s market?
San Antonio is a balanced market. With about 4.1 months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.
More competitive than 20% of U.S. ZIP codes, and #404 of 868 in the state.
Based on share sold above original list, sale-to-list ratio, months of supply and days on market for the 3 months ending August 31, 2026. See the breakdown
The San Antonio housing market right now
In the three months ending August 31, 2026, 7% of homes in San Antonio, TX 78231 sold above their list price, the typical home went under contract in 44 days and there were 4.1 months of supply. Four to six months of supply is a balanced market, where pricing and condition decide how much room there is to negotiate. That’s based on 29 home sales.
Compared with the same period a year earlier, the share selling over asking fell from 10%, homes sold more slowly (18 days then) and the median sale price rose 5% to $453,511. Overall, San Antonio is less competitive than a year ago, which gives buyers more room.
Within Bexar County, homes here sell faster than in 85% of the county’s ZIP codes, and sell less often over asking than in 67%. On our competition score, San Antonio ranks #404 of 868 TX ZIP codes with enough sales (score 25 out of 100).
Nearby, buyers who want less competition could look at San Antonio 78256 (0% sold over asking) or San Antonio 78235 (0% sold over asking), while San Antonio 78226 (33% sold over asking) and San Antonio 78258 (20% sold over asking) are even more competitive.
Run the numbers for 78231
Nearby markets
Adkins 78101Seller’s market $163 /sq ftAtascosa 78002Buyer’s market $191 /sq ftConverse 78109Balanced $137 /sq ftElmendorf 78112Seller’s market $122 /sq ft Browse all markets →Towns like San Antonio nearby
Find towns like San Antonio in other states →Where San Antonio is
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Questions about San Antonio real estate
Is San Antonio a buyer’s or seller’s market?
A balanced market: there were 4.1 months of supply in San Antonio, TX 78231 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.
How fast do homes sell in San Antonio?
The typical home went under contract in 44 days in the latest three months.
Do homes in San Antonio sell over asking?
7% of homes sold above their original list price, and the typical sale closed at 96.8% of the list price.
What are property taxes in San Antonio?
About 1.73% of a home’s value a year in Bexar County, or roughly $6,920 on a $400,000 home.
What is the median home price in San Antonio?
The median sale price was $453,511 in the three months ending August 31, 2026, about $193 per square foot.
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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology