Hottest 'hoods

San Antonio boasts 11th hottest ZIP code in U.S. for buyers, report says

This adorable home in San Antonio is on the market for $350,000.

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San Antonio is emerging as a big magnet for homebuyers, and boasts one of the hottest ZIP codes in the country.

According to OpenDoor’s 2022 Hottest ZIP Codes in America report, San Antonio's 78253 was the 11th most popular ZIP code for buyers around the U.S. last year. It also ranked No. 11 in the 2021 report.

OpenDoor analyzed data from the local Multiple Listing Services (MLS) where Opendoor Brokerage operates, they say. The neighborhoods were ranked by total homes that went into contract within 90 days of listing in 2022.

San Antonio tracks with a post-pandemic trend that OpenDoor identified when compiling its 2022 list: that buyers were gravitating toward “a small-town feel while close to a bustling downtown for entertainment, dining, and shopping,” they say.

“Whether to be closer to outdoor and recreational activities or to join a close-knit community, the desire to belong remained strong in 2022 as the recalibration of work and personal priorities encouraged people to move away from city centers,” the report’s author says.

For the same reasons, another Central Texas city – New Braunfels – was deemed a top ZIP for 2022. Its 78130 lands at No. 4 on the list for the second year in a row.

“We are seeing homeowners vie for that sense of belonging in cities and towns accessible to major metros via short commutes,” OpenDoor says.

Elsewhere in Texas
New Braunfels and San Antonio just two out of three Central Texas ZIPs to make it into the top 20, but they are in good company with several others around Texas.

The third Hill Country city to make the list is the northeast Austin suburb of Leander, whose 78641 ranked No. 9.

The two Dallas-area ZIPs that made it into OpenDoor's report are Forney's 75126 and Aubrey's 76227, ranking No. 5 and No. 13.

Katy’s 77494, in the Houston area, is the highest-scoring ZIP in the state, landing at No. 3.

“Half of first-time home buyers say ‘family’ is the top reason they decided to purchase a home in 2022. Katy, TX and Yukon, OK continued their reign on our hottest ZIPs list,” OpenDoor says. “They draw homeowners for their proximity to major employers while still being a good fit for families.”

Another Houston suburb, Cypress’ 77433, comes in at No. 7.

The hottest ZIP code in the country is 37042 in Clarksville, Tennessee, which has “a thriving, close-knit local community while still being close to the action in Nashville,” OpenDoor says.

The top 20 ZIP codes in the U.S. for 2022 are:

No. 1 – Clarksville, Tennessee (37042)
No. 2 – Yukon, Oklahoma (73099)
No. 3 – Katy, Texas (77494)
No. 4 – New Braunfels, Texas (78130)
No. 5 – Forney, Texas (75126)
No. 6 – Summerville, South Carolina (29486)
No. 7 – Cypress, Texas (77433)
No. 8 – Kissimmee, Florida (34747)
No. 9 – Leander, Texas (78641)
No. 10 – Murfreesboro, Tennessee (37128)
No. 11 – San Antonio, Texas (78253)
No. 12 – Loganville, Georgia (30052)
No. 13 – Aubrey, Texas (76227)
No. 14 – Winter Garden, Florida (34787)
No. 15 – Cumming, Georgia (30040)
No. 16 – Suwanee, Georgia (30024)
No. 17 – Gallatin, Tennessee (37066)
No. 18 – San Diego, California (92101)
No. 19 – Port Saint Lucie, Florida (34953)
No. 20 – Parker, Colorado (80134)

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bang for your buck

San Antonio ZIP code is 4th most affordable place for renters in U.S.

Photo by Florian Schmid on Unsplash

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Trying to afford buying a home in San Antonio is difficult enough with current mortgage rates, and doubly so if you're already paying high rent on an apartment or a house. But there are six San Antonio ZIP codes where renters can get the most bang for their buck, according to a new study by financial services company CashNetUSA.

To find the most affordable ZIP codes for renters in the U.S., analysts compared median household incomes by ZIP code to the average annual rent costs in those areas using the Zillow Observed Rent Index. ZIP codes where the average annual rental constituted the lowest percentage of median household income were considered the "most affordable."

San Antonio's 78248 ZIP code specifically stood out as the No. 4 most affordable in the country, and the No. 1 most affordable in Texas. This area encompasses the north San Antonio neighborhoods of Inwood, Forests at Inwood, Oakwood, The Park at Deerfield, Canyon Creek Bluffs, Canyon Creek Village, Blanco Village, Deerfield, Cadillac Drive, and Churchill Estates.

According to the study's findings, the average monthly cost of a rental in 78248 comes out to $1,259.17, and the median annual income of a household in the area is $122,986. Analysts then calculated that the annual rent of a home in this ZIP code only takes up 12.29 percent of a household's median income, which is the fourth-lowest in the nation.

CashNetUSA found the No. 1 most affordable ZIP code for renters nationwide is 66224 in Leawood, Kansas, where annual rent only takes a 10.57 percent cut out of a household's median annual income.

Elsewhere in Texas, two Houston-area ZIP codes – 77401 and 77094 – ranked No. 9 and No. 12 nationally, while Allen's 75013 ZIP code fell two spots behind to claim the No. 14 spot.

The most affordable San Antonio-area ZIP codes for renters
CashNetUSA further unveiled the five most affordable ZIP codes across major U.S. cities, including in San Antonio, Austin, and Houston.

Following 78248 (which took the No. 1 spot citywide) is 78261 (No. 2), which spans east of Highway 281, across Smithson Valley Road. Rent costs in this ZIP code averaged out to $1,698 per month, the report found.

Landing in the No. 3 spot is 78258, which includes Rogers Ranch, The Vineyard, Stone Oak, Summit, Hidden Canyon, and Big Springs neighborhoods. The report said average rent in the area comes out to $1,507 per month, which takes up 17.54 percent of a household's median annual income.

The remaining top two most affordable ZIP codes for San Antonio renters are located in 78259 (Encino Park, Encino Ranch, Cavalo Creek Estates, Northwood Hills, Summit at Bulverde Creek, Roseheart, Redland Woods) and 78260 in Timberwood Park, which is about 25 miles north of downtown San Antonio.

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