The story of this market
The typical home in ZIP 78240 sells for about $295,000, or $185 per square foot.
Prices are down 2.4% from a year ago, which gives buyers more room to negotiate. Homes take about 21 days to sell, which is fast. HUD's fair market rent for a two-bedroom is $1,350 a month.
ZIP 78240 — San Antonio
The 78240 housing market remains stable, supported by consistent demand from the nearby Medical Center workforce. While inventory levels are modest, the market is seeing a slight cooling in price growth compared to the rapid appreciation of previous years. Most indicators suggest a balanced environment for both buyers and renters.
This ZIP is ideal for medical professionals, students, and young families seeking proximity to major employment hubs and affordable housing options compared to the northern suburbs.
Median prices moved down 2.4% year over year.
Homes spend a median of 21 days on market with 3.2 months of supply — a fast-moving market.
18% of listings have cut prices · homes sell at 98.5% of asking — demand is running ahead of supply.
2 foreclosure-ledger notices — 0.3 per 10,000 residents · unemployment 4.2% · poverty 15.6% — 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 7.8%/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 5.1%/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 78240, Bexar County TX
Crime rates in 78240 are generally consistent with urban San Antonio averages, with property crime being the primary concern; residents are advised to utilize standard urban safety precautions.
Schools serving the area are primarily part of Northside ISD, which is generally well-regarded for its academic programs and extracurricular offerings within the San Antonio region.
The area is primarily at risk for wind and hail damage common to the South Texas climate, with minimal flood risk outside of localized drainage areas.
The area benefits from proximity to the South Texas Medical Center, a major regional employment hub, and ongoing commercial redevelopment along the Wurzbach Road corridor.
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 enjoy convenient access to the I-10 and Loop 410 corridors, providing a direct commute to the San Antonio central business district and the Medical Center.
The area features proximity to Denman Estate Park and various community greenbelts, with extensive retail and dining options concentrated along the Bandera and Wurzbach corridors.
The rental market is highly active due to the high concentration of multi-family housing and proximity to the Medical Center, maintaining steady demand and moderate vacancy rates.
The economy is anchored by the South Texas Medical Center, which drives significant demand for housing and services in the immediate area.
The area is well-served by VIA Metropolitan Transit and provides excellent access to major highway interchanges at I-10 and Loop 410.
Development is focused on densification and the modernization of existing commercial corridors to support the growing workforce.
The Bexar Appraisal District manages annual assessments with a focus on market-value parity across residential and commercial sectors.
Parcels are subject to Northside ISD taxes and various municipal utility district assessments where applicable.
Property insurance premiums are influenced by regional wind and hail risk, with standard market availability for residential coverage.
Texas continues to see positive net domestic migration, driven by job growth in major metros like San Antonio.
Texas is a non-judicial foreclosure state, allowing for relatively expedited processes compared to judicial states.
Sellers are required to provide a standard Seller's Disclosure Notice detailing the condition of the property.
Data retrieved from Census Bureau 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.
- Six Flags Fiesta Texas4.35 mi
- SeaWorld San Antonio4.37.3 mi
- Traders Village San Antonio4.513.5 mi
- San Antonio Aquarium4.12.8 mi
- Andretti Indoor Karting & Games San Antonio4.44.7 mi
- Alamodome4.311 mi
- Frost Bank Center4.512.5 mi
- Henry B. González Convention Center4.610.6 mi
- Historic Market Square4.69.7 mi
- San Antonio Botanical Garden4.710.4 mi
- San Antonio River Walk4.710.4 mi
- The Alamo4.610.2 mi
- Six Flags Fiesta Texas4.35 mi
- SeaWorld San Antonio4.37.3 mi
- San Antonio Zoo4.59.4 mi
- The Alamo4.610.2 mi
- Pearl4.79.8 mi
- Natural Bridge Caverns4.719.7 mi
- Hopscotch San Antonio4.710 mi
- The DoSeum4.59.8 mi
- San Antonio River Walk4.710.4 mi
- Pearl4.79.8 mi
- Japanese Tea Garden4.89.2 mi
- San Antonio Botanical Garden4.710.4 mi
- Brackenridge Park4.79.6 mi
- Red Cove Cafe & Marina4.119.1 mi
- Joe's Place Marina & Resort - Medina Lake3.619.2 mi
- La Cantera Resort & Spa, A Signia Hilton Resort4.55.3 mi
- Topgolf San Antonio4.44.7 mi
- Dominion Country Club4.58.5 mi
- Cedar Creek Golf Course4.16.1 mi
- Brackenridge Park Golf Course4.29.7 mi
- North Star Mall4.56.9 mi
- The Shops at La Cantera4.64.5 mi
- Ingram Park Mall4.34 mi
- Shops at Rivercenter4.510.4 mi
- Historic Market Square4.69.7 mi
- San Antonio International Airport4.38.4 mi
- Alamo Helicopter Tours4.915.6 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
Features historic structures and walking trails.
Major regional hub for healthcare and professional services.
Key-figure check: median price diverges 26.1% from the nearest retained anchor (prior refresh cycle) — beyond the 12.5% tolerance; an automated validation case is open and the value publishes pending its verdict. Validation: the flagged $372,000 (+26.1% vs the prior refresh cycle) failed independent re-validation and was reverted to the prior cycle value; the case is under review in the Command Center.