Prospect Hill, San Antonio, TX—78207
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Prospect Hill, San Antonio, TX
As of Oct '25, the median home price in Prospect Hill, San Antonio, TX is $106,000, with a year-over-year change of -4.1%. This indicates that home prices in Prospect Hill, San Antonio, TX are decreasing. According to Zillow, the 1-year price projection is -2.1%, suggesting a decrease housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $106,000 | -4.1% |
| Single Family | $106,000 | -3.6% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $74,000 | -3.9% |
2 Bed | $94,000 | -5.1% |
3 Bed | $121,000 | -4.0% |
4 Bed | $149,000 | -2.6% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Prospect Hill, San Antonio, TX
As of July '25, Rentcast reports the average rent in Prospect Hill, San Antonio, TX is $1,370, with a year-over-year rent change of 15.1%. Per bedroom, the median rent as of July '25 in Prospect Hill, San Antonio, TX is studios: $1,220, 1-bedrooms: $1,190, 2-bedrooms: $1,290, 3-bedrooms: $1,780, 4-bedrooms: $1,530. The most common rental property sizes in Prospect Hill, San Antonio, TX are 2-bedroom and 1-bedroom, accounting for 43.3% and 25.3% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,300 | $1,370 |
| Studio Rent | $1,300 | $1,220 |
| 1 Bed Rent | $1,100 | $1,190 |
| 2 Bed Rent | $1,200 | $1,290 |
| 3 Bed Rent | $1,550 | $1,780 |
| 4 Bed Rent | $1,500 | $1,530 |
% of Rental Stock
Property Listings — Prospect Hill, San Antonio, TX
As of Oct '25, Realtor.com reports that the median days on market for a home in Prospect Hill, San Antonio, TX is 78. This is a increase of 3.0% from last year, suggesting that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 39.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $147,000 | -11.0% |
Listing Count | 128 | 15.0% |
| Listings as % of Homes | 0.5% | 15.0% |
Days on Market | 78 | 3.0% |
Demographics — Prospect Hill, San Antonio, TX
As of the latest ACS Survey released in 2023, Prospect Hill, San Antonio, TX has a population of 54,100, which has remained stable by -0.9% over the past 5 years. Prospect Hill, San Antonio, TX is a popular place for families, as children make up 29.0% of the population. The area has a poorly educated workforce, with 5.5% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 4.6% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 54,100 | -0.9% |
% Under 18 | 29.0% | 0.7% |
% Seniors | 11.9% | 0.0% |
% WFH | 4.6% | 187.5% |
% w/ College Degree | 5.5% | -5.2% |
As of the latest ACS Survey released in 2023, Prospect Hill, San Antonio, TX is a predominantly hispanic area, with 87.8% of the population identifying as hispanic. The hispanic population has shrunk by 5.4% in the last 5 years. The second most common race or ethnicity in Prospect Hill, San Antonio, TX is black, making up 6.0% of the population. Foreign-born residents account for 18.6% of the population in Prospect Hill, San Antonio, TX, and this percentage has decreased by 10.1% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 5.5% | 34.1% |
% Black | 6.0% | 87.5% |
% Hispanic | 87.8% | -5.4% |
% Asian | 0.8% | 100.0% |
% Foreign Born | 18.6% | -10.1% |
Mortgage and Risk — Prospect Hill, San Antonio, TX
According to HUD data as of 2023, there were 202 mortgage originations in Prospect Hill, San Antonio, TX, of which 56.0% of loans were conventional mortgages. The average loan-to-value was 77.0%, with 50.0% above 90% LTV (very high). This implies large mortgage risk in Prospect Hill, San Antonio, TX. Investor activity is low, as 8.0% of loans were by investors. 15.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 202 |
% Conventional Loans | 56.0% |
% Government Loans | 44.0% |
% Investor Loans | 8.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 15.0% |
Loan Activity
Rentals and Section 8 — Prospect Hill, San Antonio, TX
As of 2024, the percent of homes in Prospect Hill, San Antonio, TX under the Section 8 program is 13.3%. This is considered low, suggesting that the neighborhood is sparsely composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. 4-bedroom units appear to be good home sizes to consider for Section 8 housing in Prospect Hill, San Antonio, TX, because HUD payments exceed market rent, while 1-bedroom and 2-bedroom and 3-bedroom units do not.
Section 8 Market Size
Total Units under HUD | 3,191 |
Total Units Section 8 | 1,088 |
% Rentals under Section 8 | 13.3% |
% Occupied Section 8 | 84.8% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | -$210 | $1,100 | $890 |
| 2 Bedroom | -$110 | $1,200 | $1,090 |
| 3 Bedroom | -$170 | $1,550 | $1,380 |
| 4 Bedroom | $130 | $1,500 | $1,630 |
Affordability — Prospect Hill, San Antonio, TX
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.9 |
| Median Home Price | $106,000 |
| Median Household Income | $30,700 |