Medical Center, San Antonio, TX—78229
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Medical Center, San Antonio, TX
As of Oct '25, the median home price in Medical Center, San Antonio, TX is $189,000, with a year-over-year change of -5.9%. This indicates that home prices in Medical Center, San Antonio, TX are decreasing. According to Zillow, the 1-year price projection is -1.8%, suggesting a decrease housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $189,000 | -5.9% |
| Single Family | $252,000 | -3.8% |
| Condos | $140,000 | -7.3% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $107,000 | -7.0% |
2 Bed | $155,000 | -7.2% |
3 Bed | $236,000 | -4.5% |
4 Bed | $348,000 | -2.2% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Medical Center, San Antonio, TX
As of July '25, Rentcast reports the average rent in Medical Center, San Antonio, TX is $1,270, with a year-over-year rent change of -9.9%. Per bedroom, the median rent as of July '25 in Medical Center, San Antonio, TX is studios: $960, 1-bedrooms: $1,040, 2-bedrooms: $1,330, 3-bedrooms: $1,700, 4-bedrooms: $2,050. The most common rental property sizes in Medical Center, San Antonio, TX are 2-bedroom and 1-bedroom, accounting for 42.9% and 37.7% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,200 | $1,270 |
| Studio Rent | $779 | $960 |
| 1 Bed Rent | $990 | $1,040 |
| 2 Bed Rent | $1,250 | $1,330 |
| 3 Bed Rent | $1,560 | $1,700 |
| 4 Bed Rent | $2,000 | $2,050 |
% of Rental Stock
Property Listings — Medical Center, San Antonio, TX
As of Oct '25, Realtor.com reports that the median days on market for a home in Medical Center, San Antonio, TX is 95. This is a increase of 31.0% 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 28.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $184,000 | -4.0% |
Listing Count | 134 | 28.0% |
| Listings as % of Homes | 0.3% | 28.0% |
Days on Market | 95 | 31.0% |
Demographics — Medical Center, San Antonio, TX
As of the latest ACS Survey released in 2023, Medical Center, San Antonio, TX has a population of 35,200, which has increased by 10.8% over the past 5 years. Medical Center, San Antonio, TX is a moderately popular place for families, as children make up 20.3% of the population. The area has a moderately educated workforce, with 30.7% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 10.8% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 35,200 | 10.8% |
% Under 18 | 20.3% | 6.8% |
% Seniors | 9.9% | 7.6% |
% WFH | 10.8% | 390.9% |
% w/ College Degree | 30.7% | 2.3% |
As of the latest ACS Survey released in 2023, Medical Center, San Antonio, TX is a predominantly hispanic area, with 49.6% of the population identifying as hispanic. The hispanic population has shrunk by 0.8% in the last 5 years. The second most common race or ethnicity in Medical Center, San Antonio, TX is white, making up 22.5% of the population. Foreign-born residents account for 25.5% of the population in Medical Center, San Antonio, TX, and this percentage has increased by 23.8% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 22.5% | -27.7% |
% Black | 8.5% | -22.7% |
% Hispanic | 49.6% | -0.8% |
% Asian | 16.1% | 215.7% |
% Foreign Born | 25.5% | 23.8% |
Mortgage and Risk — Medical Center, San Antonio, TX
According to HUD data as of 2023, there were 132 mortgage originations in Medical Center, San Antonio, TX, of which 80.0% of loans were conventional mortgages. The average loan-to-value was 75.0%, with 39.0% above 90% LTV (very high). This implies large mortgage risk in Medical Center, San Antonio, TX. Investor activity is low, as 8.0% of loans were by investors. 7.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 132 |
% Conventional Loans | 80.0% |
% Government Loans | 20.0% |
% Investor Loans | 8.0% |
% Second Loans | 2.0% |
% Cash Out Refinance | 7.0% |
Loan Activity
Rentals and Section 8 — Medical Center, San Antonio, TX
As of 2024, the percent of homes in Medical Center, San Antonio, TX under the Section 8 program is 2.6%. 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 Medical Center, 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 | 465 |
Total Units Section 8 | 340 |
% Rentals under Section 8 | 2.6% |
% Occupied Section 8 | 82.7% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $300 | $990 | $1,290 |
| 2 Bedroom | $320 | $1,250 | $1,570 |
| 3 Bedroom | $430 | $1,560 | $1,990 |
| 4 Bedroom | $350 | $2,000 | $2,350 |
Affordability — Medical Center, San Antonio, TX
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 4.5 |
| Median Home Price | $189,000 |
| Median Household Income | $46,700 |