San Antonio MSA

San Antonio’s housing market is not growing uniformly—its ZIP codes are diverging by 59.7% in appreciation over five years. ZIP 78204 leads the metro with 98.1% growth, while ZIP 78261 lags behind. This is not a cyclical fluctuation—it’s a structural split. The city is developing two economies: one driven by investment and infrastructure, the other left behind. The data comes from ALEX Intelligence’s new report: https://alex-companies.com/data/2026-10-12-sa-msa-divergence-home-value-zcta. How does this divergence impact your investment strategy or community planning? Is San Antonio becoming two cities? Spread Between the Fastest and Slowest Appreciation, top 10 (ALEX Intelligence — U.S. Census Bureau 2024) #1 ZIP 78202 — 185.5% #2 ZIP 78009 — 123.9% #3 ZIP 78016 — 120.8% #4 ZIP 78203 — 112.7% #5 ZIP 78002 — 105.2% #6 ZIP 78252 — 104.2% #7 ZIP 78065 — 103.3% #8 ZIP 78210 — 101.3% #9 ZIP 78052 — 98.8% #10 ZIP 78204 — 98.1% Photos via Wikimedia Commons: Slide 1: Michael Barera (CC BY-SA 4.0) https://commons.wikimedia.org/?curid=60662365; Slide 2: Tony Kent (CC BY-SA 2.0) https://commons.wikimedia.org/?curid=105359411; Slide 3: Nicolas Henderson from Coppell, Texas (CC BY 2.0) https://commons.wikimedia.org/?curid=121588561; Slide 4: Chris M Morris (CC BY 2.0) https://commons.wikimedia.org/?curid=151715132 Source: https://alex-companies.com/data/2026-10-12-sa-msa-divergence-home-value-zcta View and join any or all of our communities — AI, quantum, and real estate: https://alex-companies.com/reports/linkedin-groups If there's an AI, quantum, or real estate community you'd like to see us convene, tell us — this portfolio grows by request. Real Estate Strategy & Intelligence Leader. Democratized Blue Ocean Strategist & Operator. Diane Hart Alexander, MBA, MHA Chair & CEO, ALEX Companies Designated Broker, Alexander Tiffany Southwest, LLC dba ALEX.realestate, et.al. Texas License #574877-B · Broker License #565194-BB [email protected] · +1 713.591.9902