Government Hill, San Antonio, TX78208

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$171,000
8.1% YoY Growth
Median Household Income
$23,200
17.3% 5-Year Growth
Days on Market
93
17.0% Shorter than last year
Home Price Forecast
-2.4%
Median Rent
$1,350
9.0% YoY Growth
1-Bed Rent
$945
3.8% YoY Growth
2-Bed Rent
$1,600
14.8% YoY Growth
3-Bed Rent
$1,750
6.7% YoY Growth

Property Listings — Government Hill, San Antonio, TX

As of Aug '25 and according to Realtor.com, the median days on market for a home in Government Hill, San Antonio, TX is 93. This is an decrease of -17.0% from last year. This indicates that homes are sitting on the market shorter than last year. The percentage of listed homes with a reduced price is 32.0%. This is a large percentage of inventory, suggesting a lot of supply pressure on home prices.

MetricZip Code AverageYear over Year % Change
Median Listing Price
$234,000-13.0%
Listing Count
28N/A
Listings as % of Homes0.4%N/A
Days on Market
93-17.0%
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Demographics — Government Hill, San Antonio, TX

MetricLatest CensusYoY % Change
Population
3,880-22.9%
% Under 18
22.2%-21.3%
% Under 5N/AN/A
% Seniors
17.9%46.7%
% WFH
6.0%172.7%
% w/ College Degree
12.6%77.5%
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Race and Ethnicity

MetricLatest Census5-Year % Change
% White
10.1%-4.7%
% Black
25.8%65.4%
% Hispanic
62.6%-11.0%
% Asian
0.0%N/A
% Foreign Born
10.1%-43.6%
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Mortgage and Risk — Government Hill, San Antonio, TX

According to the latest data from the U.S. Department of Housing and Urban Development (HUD) as of 2023, the number of mortgages originated in Government Hill, San Antonio, TX in that year was 31. 71.0% of all primary home loans were conventional, the remainder were government-backed loans, such as FHA loans. The average loan-to-value for all loans was 75.0%. Of those, 35.0% were >90% loan to value. This is considered very high, suggesting that mortgage risk is large in Government Hill, San Antonio, TX. Investor activity in Government Hill, San Antonio, TX is low, as 10.0% of all loans are originated by investors. In 2023, 13.0% of all loans were cash-out refinances, suggesting many homeowners are actively tapping their home's equity.

Mortgages

MetricZip Code AverageMetro AverageState Average
Total Loan Originations
31N/AN/A
% Conventional Loans
71.0%N/AN/A
% Government Loans
29.0%N/AN/A
% Investor Loans
10.0%N/AN/A
% Second Loans
10.0%N/AN/A
% Cash Out Refinance
13.0%N/AN/A
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Rentals and Section 8 — Government Hill, San Antonio, TX

As of 2024, the percent of homes in Government Hill, San Antonio, TX under the Section 8 program is 7.8%. This is considered low, suggesting that the neighborhood is sparsely composed of Section 8 homes. Section 8 opportunity is good when HUD pays homeowners more than the average rental market rate for various home sizes. For each bedroom size, the average difference between HUD payments and market rents is shown in the table below.

Section 8 Market Size

Total Units under HUD
214
Total Units Section 8
82
% Rentals under Section 8
7.8%
% Occupied Section 8
81.0%

Section 8 Opportunity

Home SizeHUD PremiumMarket RentMax HUD Rent
1 Bedroom-$55$945$890
2 Bedroom-$520$1,600$1,080
3 Bedroom-$380$1,750$1,370
4 Bedroom-$40$1,650$1,610

Affordability — Government Hill, San Antonio, TX

Home Price to Income Ratio

MetricZip Code AverageMetro AverageState Average
Home Price to Income Ratio8.6N/AN/A
Median Home Price$171,000N/AN/A
Median Household Income$23,200N/AN/A

Government Hill, San Antonio, TX — ZIP Code Boundary Map

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