The 78209 real estate market — encompassing the coveted Alamo Heights and Terrell Hills neighborhoods of San Antonio — kicked off 2026 with a characteristically quieter January. If you're thinking about buying or selling a home in 78209, here's everything you need to know about current market conditions.
78209 Home Sales & Dollar Volume: January 2026
Closed sales in the 78209 zip code dipped to 17 in January, down from 25 in December 2025, with total dollar volume coming in at $9.9 million versus $17.2 million the prior month. The slowdown is consistent with seasonal patterns — January is historically one of the quietest months for San Antonio real estate activity across all zip codes.
78209 Home Prices: What Buyers & Sellers Need to Know
The average sale price in 78209 settled at $581,847 in January, compared to $708,262 in December 2025, while the median home price softened slightly to $510,000 from $550,000. Homes in the 78209 zip code are taking longer to sell — median days on market climbed to 115 in January versus 84 in December — a reminder that patience and smart pricing strategy are essential in this market.
Despite the slower pace, there are meaningful bright spots for Alamo Heights and Terrell Hills home sellers. Sellers received 96.2% of their last list price in January, up from 94.3% in December. Median price per square foot also rose to $294 from $251 — a strong indicator of sustained demand for well-positioned homes in the 78209 corridor.
78209 Housing Supply & Inventory: January 2026
With 137 homes currently available and 5.3 months of housing supply — unchanged from December — the 78209 real estate market sits in balanced to slightly buyer-favorable territory. Buyers searching for homes in Alamo Heights and Terrell Hills have solid options to choose from, while sellers who price strategically and present their homes well remain positioned to achieve strong results.
Frequently Asked Questions: 78209 Real Estate Market
What is the average home price in 78209 in 2026? The average sale price in the 78209 zip code in January 2026 was $581,847, with a median sale price of $510,000.
How long does it take to sell a home in 78209? As of January 2026, the median days on market for homes in 78209 is 115 days — up from 84 days in December 2025. Accurate pricing and strong marketing are key to minimizing time on market.
Is 78209 a good place to buy a home in 2026? Yes — with 5.3 months of housing supply and 137 homes available, buyers in the 78209 zip code have more options and negotiating power than in recent years, making it a favorable environment for well-prepared buyers.
What is the price per square foot in 78209? The median price per square foot in 78209 rose to $294 in January 2026, up from $251 in December 2025.
What neighborhoods are in the 78209 zip code? The 78209 zip code primarily encompasses Alamo Heights and Terrell Hills, two of San Antonio's most established and sought-after residential communities.
Thinking About Buying or Selling a Home in 78209? Whether you're searching for your dream home in Alamo Heights or ready to maximize your return on a Terrell Hills property, having the right data and strategy makes all the difference. Contact me today for a free, personalized 78209 market report and a customized plan to help you buy or sell with confidence in 2026's San Antonio real estate market.
