Three-Month Snapshot
Three-Month Snapshot: 78209 Real Estate Market Holds Steady Through Spring 2025
By Bruce X. Forey, REALTOR®, Portfolio KW
As families across San Antonio’s 78209 zip code prepared for the end of the school year and the start of summer, the real estate market moved forward with solid momentum. Reviewing data from March through May 2025, the 78209 market has shown resilience, price growth, and continued demand—all signs of a stable and attractive environment for both buyers and sellers.
Average and Median Prices Show Steady Gains
Over this three-month stretch, the average sales price ranged from $623,046 in April to $633,689 in May, with March leading at $672,046. Despite a dip in April, May’s increase suggests renewed buyer confidence heading into the warmer months. The median price tells a similar story: rising from $533,100 in April to $555,000 in May, following a slight dip in March. This upward trend points to steady appreciation, especially in mid-priced family homes.
Closed Sales Remain Consistent
Sales activity has remained healthy, with 147 homes closing in May, up from 140 in April, though still slightly below March’s 155 closings. This consistency reflects a balanced mix of demand and inventory—typical of the spring housing season in 78209.
Dollar Volume and Buyer Engagement
Total dollar volume in the market topped $93 million in May, up from $87 million in April, yet still trailing March’s peak of $104 million. These figures underscore strong buyer interest and ongoing activity despite seasonal fluctuations.
Homes Selling Faster: Days on Market Decreasing
The pace of sales has picked up across the three-month window. The average days on market declined from 92 in April to 89 in May, while median days on market dropped from 63 to 58. Homes in 78209 are moving more quickly, signaling competitive demand—especially in desirable school zones and established neighborhoods.
Price Per Square Foot: Small But Notable Movement
Median price per square foot remained consistent at $273 in March and April, increasing slightly to $276 in May. Meanwhile, the average price per square foot climbed from $279 in April to $284 in May, though still just below March’s $285. These figures suggest that home values continue to hold and grow incrementally.
Inventory Builds Ahead of Summer
The number of homes for sale increased each month, from 135 in March to 150 in May, giving buyers more choices while preventing overly tight competition. This modest rise in inventory may offer relief to buyers who have been contending with limited selection earlier in the year.
What This Means for 78209 Buyers and Sellers
This three-month overview reflects a healthy, active market in 78209—an area long favored for its top-rated schools, mature neighborhoods, and family appeal. Prices are edging upward, homes are selling faster, and more listings are coming online just in time for summer.
Love Your 78209 Home But Need More Space? Renovation Loans Could Be the Answer
Many 78209 homeowners appreciate their neighborhoods but some are quickly outgrowing their homes. Instead of facing the high cost and stress of moving, a home renovation loan offers a smart alternative.
Cleo Garza, a 78209 resident and loan officer with Summit Funding (NMLS ID# 218858), explains:
“A home renovation loan helps homeowners finance improvements or repairs by combining renovation costs with a purchase or refinance of the existing mortgage.”
These loans can be secured with your home’s equity or unsecured, and terms vary by lender and loan type. Here’s Cleo’s quick guide to the most common renovation loan options:
1. FHA 203(k) Renovation Loans:
Backed by the FHA, this loan bundles the cost of home purchase or refinance with renovations. Easier to qualify for, it offers two types: Limited (minor updates) and Standard (major renovations).
2. Conventional Renovation Loans:
Programs like Fannie Mae HomeStyle and Freddie Mac CHOICERenovation allow you to purchase or refinance and renovate. These loans offer flexible terms and lower down payments.
3. Home Equity Loans:
Using your home’s equity as collateral, these loans provide a lump sum with a fixed interest rate—ideal if you know your renovation budget.
4. Cash-Out Refinance:
This replaces your current mortgage with a new, larger one. You pocket the difference in cash for renovations and may secure a better rate.
5. Unsecured Home Improvement Loans:
No collateral required, making these loans less risky for your home—but often with higher interest rates.
6. EZ “C” Conventional Loan:
Designed for quick, cosmetic renovations, this option requires that work be completed within 60 days.
Before you pack up and move, consider whether a renovation loan could transform your current home into your forever home.
