Highland Hills, San Antonio, TX—78223
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Highland Hills, San Antonio, TX
As of Oct '25, the median home price in Highland Hills, San Antonio, TX is $186,000, with a year-over-year change of -3.7%. This indicates that home prices in Highland Hills, San Antonio, TX are decreasing. According to Zillow, the 1-year price projection is -1.3%, suggesting a decrease housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $186,000 | -3.7% |
| Single Family | $185,000 | -3.6% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $124,000 | -4.6% |
3 Bed | $185,000 | -3.1% |
4 Bed | $232,000 | -2.1% |
| 5 Bed | $293,000 | -2.3% |
% of Housing Stock
Rental Trends — Highland Hills, San Antonio, TX
As of July '25, Rentcast reports the average rent in Highland Hills, San Antonio, TX is $1,420, with a year-over-year rent change of -6.6%. Per bedroom, the median rent as of July '25 in Highland Hills, San Antonio, TX is studios: $794, 1-bedrooms: $864, 2-bedrooms: $1,240, 3-bedrooms: $1,580, 4-bedrooms: $1,880. The most common rental property sizes in Highland Hills, San Antonio, TX are 2-bedroom and 1-bedroom, accounting for 31.4% and 28.8% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,500 | $1,420 |
| Studio Rent | $750 | $794 |
| 1 Bed Rent | $850 | $864 |
| 2 Bed Rent | $1,230 | $1,240 |
| 3 Bed Rent | $1,560 | $1,580 |
| 4 Bed Rent | $1,750 | $1,880 |
% of Rental Stock
Property Listings — Highland Hills, San Antonio, TX
As of Oct '25, Realtor.com reports that the median days on market for a home in Highland Hills, San Antonio, TX is 61. This is a decrease of -2.0% from last year, suggesting that homes are sitting on the market shorter than last year. The percentage of listed homes with a reduced price is 40.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $220,000 | -3.0% |
Listing Count | 252 | -2.0% |
| Listings as % of Homes | 0.7% | -2.0% |
Days on Market | 61 | -2.0% |
Demographics — Highland Hills, San Antonio, TX
As of the latest ACS Survey released in 2023, Highland Hills, San Antonio, TX has a population of 57,300, which has increased by 4.0% over the past 5 years. Highland Hills, San Antonio, TX is a popular place for families, as children make up 27.0% of the population. The area has a poorly educated workforce, with 11.6% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 7.7% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 57,300 | 4.0% |
% Under 18 | 27.0% | -1.8% |
% Seniors | 12.1% | 14.2% |
% WFH | 7.7% | 234.8% |
% w/ College Degree | 11.6% | -1.7% |
As of the latest ACS Survey released in 2023, Highland Hills, San Antonio, TX is a predominantly hispanic area, with 76.4% of the population identifying as hispanic. The hispanic population has shrunk by 4.6% in the last 5 years. The second most common race or ethnicity in Highland Hills, San Antonio, TX is white, making up 16.0% of the population. Foreign-born residents account for 10.3% of the population in Highland Hills, San Antonio, TX, and this percentage has decreased by 7.2% 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 | 16.0% | 11.1% |
% Black | 5.3% | 26.2% |
% Hispanic | 76.4% | -4.6% |
% Asian | 1.7% | 183.3% |
% Foreign Born | 10.3% | -7.2% |
Mortgage and Risk — Highland Hills, San Antonio, TX
According to HUD data as of 2023, there were 894 mortgage originations in Highland Hills, San Antonio, TX, of which 41.0% of loans were conventional mortgages. The average loan-to-value was 81.0%, with 62.0% above 90% LTV (very high). This implies large mortgage risk in Highland Hills, San Antonio, TX. Investor activity is low, as 5.0% of loans were by investors. 11.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 894 |
% Conventional Loans | 41.0% |
% Government Loans | 59.0% |
% Investor Loans | 5.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 11.0% |
Loan Activity
Rentals and Section 8 — Highland Hills, San Antonio, TX
As of 2024, the percent of homes in Highland Hills, San Antonio, TX under the Section 8 program is 13.2%. 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. In Highland Hills, San Antonio, TX, all tracked home sizes have HUD payment amounts above market rent, suggesting strong Section 8 opportunity across the board.
Section 8 Market Size
Total Units under HUD | 1,498 |
Total Units Section 8 | 1,127 |
% Rentals under Section 8 | 13.2% |
% Occupied Section 8 | 83.1% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $200 | $850 | $1,050 |
| 2 Bedroom | $50 | $1,230 | $1,280 |
| 3 Bedroom | $70 | $1,560 | $1,630 |
| 4 Bedroom | $160 | $1,750 | $1,910 |
Affordability — Highland Hills, San Antonio, TX
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 4.1 |
| Median Home Price | $186,000 |
| Median Household Income | $50,400 |