$48,000
Jasper Ln Lot 11
Alamo, TX
Land2,526 sqft lot
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Sarah Mitchell
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Compass Real Estate · Alamo, TX
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Alamo, TX(512) 555-0184TX License #0512847
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Alamo, TX Housing Market
Buyer's market+4.5% YoY
Zillow, August 2026 · Refreshes monthlyRedfin, through May 2026 · No longer updatingFreddie Mac via FRED, September 2026 · Refreshes weekly
The typical home in Alamo, TX is worth $173,878, rose 4.5% over the past year (Zillow Home Value Index, August 2026). The last median sale price Redfin published was $211,200, -11.5% year over year (through May 2026). With 24.8 months of supply and homes going under contract in about 36 days, Alamo is a buyer's market. At today's 7.03% 30-year fixed rate, 20% down on a $173,878 home is about $928/mo in principal and interest.
Key numbers for Alamo, TX
Typical home value
$173,878
+4.5% in 12 months
Zillow, August 2026
Typical asking rent
$1,288/mo
Zillow Observed Rent Index
Zillow, August 2026
Median sale price
$211,200
-11.5% year over year
Redfin, through May 2026
Days on market
36
Average pace
Redfin, through May 2026
Active listings
99
24.8 months of supply
Redfin, through May 2026
30-yr fixed rate
7.03%
Freddie Mac weekly average
Freddie Mac via FRED, September 2026
Median household income
$54,234
Home costs 3.2x income
U.S. Census ACS, 2023
Sale-to-list ratio
98.4%
Selling below asking
Redfin, through May 2026
Zillow figures are as of August 2026 and refresh monthly. Redfin figures are through May 2026 — Redfin stopped publishing its public market trackers in June 2026, so those numbers are final, not current. Mortgage rates come from Freddie Mac via FRED and update weekly.
Is Alamo a buyer's or seller's market?
Buyer's market24.8 months of supply36 days on market98.4% of asking
Alamo, TX is a buyer's market, based on 24.8 months of supply and homes selling in about 36 days. Above 7 months of supply is a glut: inventory is well ahead of the sales pace, and buyers can take time to inspect, compare, and negotiate concessions.
Inputs are Redfin's final published period (May 2026). How we classify markets · Where the data comes from
What does the Alamo housing market data show?
Every row below is Redfin's final published month for Alamo, TX. Redfin, through May 2026
| Metric | Value |
|---|---|
| Median sale price | $211,200 |
| Median list price | $215,000 |
| Year-over-year price change | -11.5% |
| Median price per sq ft | $172/sq ft |
| Median days on market | 36 days |
| Active inventory | 99 listings |
| Months of supply | 24.8 months |
| Sale-to-list price ratio | 98.4% |
| Homes sold (that month) | 4 |
| New listings (that month) | 19 |
| Listings with a price cut | 11.1% |
| Market condition | Buyer's market |
How to read these numbers
- Median sale price
- Half the homes that closed sold for more than this, half for less. It moves with what kind of home sold that month, so a quiet month with two big sales can swing it. Redfin's figure for Alamo is frozen at May 2026.
- Typical home value (ZHVI)
- Zillow's estimate of what a mid-market home in Alamo is worth right now, whether or not it sold. It is smoother than the median sale price and it still refreshes monthly, which is why this page leads with it.
- Months of supply
- How long it would take to sell every active listing at the current pace. Under 3 favors sellers, over 6 favors buyers, and 3 to 6 is the balanced band.
- Days on market
- Median time from listing to accepted offer. Short means you should have financing ready before you tour; long means there is room to negotiate on price and repairs.
- Sale-to-list ratio
- Sale price divided by the last asking price. Above 100% means bidding above asking is normal here; below 100% means the typical buyer got a discount.
- Price per square foot
- The size-adjusted price. Use it to compare a 1,400 sq ft house to a 2,600 sq ft house, not to value your own home — lot, condition and age move it a lot.
- Listings with a price cut
- Share of active listings that dropped their asking price in the month. A high share is the earliest visible sign that sellers are ahead of what buyers will pay.
- Typical asking rent (ZORI)
- Zillow's repeat-rent index for asking rents on new leases. Paired with the home value it gives the price-to-rent ratio in the rent-vs-buy section below.
How have Alamo home prices moved?
Over the last three years the median sale price in Alamo, TX fell 16.7%, from $253,500 to $211,200. The live Zillow value series has rose 4.5% in the last 12 months, which is the more current read now that Redfin's series has stopped. 11.1% of Alamo listings cut their asking price in the final Redfin month — a modest share, which is what a market looks like when sellers are pricing close to where homes actually clear. For prices to fall meaningfully from here, supply would have to keep building past 24.8 months while the sale-to-list ratio slips below its current 98.4%. Watch those two together — they move before the median does.
Redfin, through May 2026 — the chart ends at Redfin's final published month.
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What does it cost to buy a home in Alamo?
Priced off the typical home value of $173,878 at the current 7.03% 30-year fixed rate. These are principal and interest only — property taxes, homeowner's insurance, HOA dues and mortgage insurance are on top, and they vary enough by property that we will not guess them for you.
| Down payment | Cash at close | Loan amount | Monthly P&I |
|---|---|---|---|
| 20% | $34,776 | $139,102 | $928/mo |
| 5% | $8,694 | $165,184 | $1,102/mo |
Zillow, August 2026 for the price · Freddie Mac via FRED, September 2026 for the rate
What income do you need?
Lenders generally want housing costs under 28% of gross income. On the 20%-down payment of $928, that implies roughly $39,782 a year before you add taxes and insurance. The median household in Alamo earns $54,234, about $14,452 more than that threshold — the typical local household clears the payment on a typical local home with 20% down. That puts the price-to-income ratio at 3.2x — close to the historical 3x norm, which is unusual in 2026.
Run it with your own numbers: affordability calculator · mortgage calculator
Buying in Alamo in the next 12 months?
Tell us your timeline. We send the Alamo market brief: the price ranges that actually clear, how long homes sit, and what to fix on your credit before you apply.
Is it cheaper to rent or buy in Alamo?
Typical asking rent in Alamo, TX is $1,288/mo, against a typical home value of $173,878. That is a price-to-rent ratio of 11.3x, which means buying tends to beat renting on monthly cost over a typical hold. Compared head to head, 20% down puts principal and interest at $928 a month — $359 less than renting before taxes and insurance, so ownership can win on monthly cost alone once you have the down payment.
Zillow, August 2026 for both value and rent
Add your own down payment, tax rate and time horizon in the rent vs. buy calculator.
Is inventory rising or falling in Alamo?
Active listings in Alamo, TX went from 81 in May 2025 to 99 in May 2026, a +22.2% change. Rising inventory is the single most useful leading indicator for buyers: more choice, longer marketing times, and more sellers willing to negotiate before price cuts show up in the median.
| Month | Active listings | New listings |
|---|---|---|
| June 2025 | 74 | 13 |
| July 2025 | 78 | 20 |
| August 2025 | 82 | 19 |
| September 2025 | 100 | 30 |
| October 2025 | 97 | 28 |
| November 2025 | 102 | 24 |
| December 2025 | 104 | 19 |
| January 2026 | 104 | 12 |
| February 2026 | 99 | 10 |
| March 2026 | 96 | 21 |
| April 2026 | 94 | 17 |
| May 2026 | 99 | 19 |
Redfin, through May 2026
How does Alamo compare to Texas and the U.S.?
Alamo homes sell for $211,200 — 41% below the Texas median of $356,100. Against the national median of $410,700, Alamo runs 49% lower. Year-over-year, Alamo moved -11.5% against Texas's +2.1% — a bigger swing than the state as a whole.
| Market | Median sale price | YoY | Days on market |
|---|---|---|---|
| Alamo, TX | $211,200 | -11.5% | 36 days |
| Texas statewide | $356,100 | +2.1% | 56 days |
| United States | $410,700 | not published | not published |
City and state rows: Redfin, through May 2026 · U.S. row: Freddie Mac via FRED, April 2026 (MSPUS, quarterly)
What to do next in Alamo
What buyers should watch
- Months of supply, currently 24.8. It turns before price does — when it climbs past 6, sellers start taking offers they would have rejected a quarter earlier.
- The share of listings cutting price, currently 11.1%. A listing that has already cut once is the one most likely to accept below asking.
- The gap between 5% and 20% down here is $174 a month in principal and interest alone, before mortgage insurance. That gap, not the price, is usually what decides your timeline.
- Rate moves. At 7.03%, every full point of rate change moves the payment on a $173,878 home more than a 5% price change does.
- Your credit tier before you shop, not after — it sets the rate you are quoted. Run your numbers first.
What sellers should know
- The median Alamo listing goes under contract in 36 days. If yours passes that mark, the market is telling you the price is wrong — not that you need more showings.
- Homes here close at 98.4% of asking. Price to that ratio from day one rather than chasing the market down in cuts.
- In the last published month Alamo added 19 new listings against 4 sales — more competition arriving than clearing, so early timing matters.
- Your equity moved +4.5% in the last 12 months on the Zillow value series. That, not the price you paid, is what sets your net proceeds.
- Comparable ZIP-level pricing inside Alamo varies more than the citywide median suggests — check the ZIP pages below before you set a number.
Homes for sale in Alamo
There are currently 99 homes listed for sale in Alamo, Texas. The median listing price is $215K. Featured listings range from $48,000 to $505,000.
$48,000
Norma Ave Lot 37
Alamo, TX
Land2,400 sqft lot
View photos & details
$48,000
Norma Ave Lot 36
Alamo, TX
Land2,400 sqft lot
View photos & details
$48,000
Norma Ave Lot 35
Alamo, TX
Land2,400 sqft lot
View photos & details
$48,000
Norma Ave Lot 34
Alamo, TX
Land2,400 sqft lot
View photos & details
$48,000
Norma Ave Lot 33
Alamo, TX
Land2,400 sqft lot
View photos & details
$48,000
Norma Ave Lot 32
Alamo, TX
Land2,400 sqft lot
View photos & details
$48,000
Norma Ave Lot 31
Alamo, TX
Land2,400 sqft lot
View photos & details
$48,000
Norma Ave Lot 30
Alamo, TX
Land2,400 sqft lot
View photos & details
$48,000
Norma Ave Lot 29
Alamo, TX
Land3,598 sqft lot
View photos & details
$48,000
Jasper Ln Lot 12
Alamo, TX
Land3,245 sqft lot
View photos & details
$505,000
428 E Acacia St
Alamo, TX
4,172 sqft$121/ft²
Multi-family10,746 sqft lot
View photos & details
Looking to buy in Alamo?
Get connected with a local real estate expert — free, no obligation.
Active listings
99
Homes on market
Median list price
$215K
Avg. days on market
36
Days until sale
New this week
19
Newly listed
Price drops:11.1%of listings
Sale-to-list:98.4%
How much do homes cost in Alamo by property type?
How the Alamo, TX market breaks down across single-family homes, condos and townhouses. Redfin, through May 2026
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $249,900 | $175/sq ft | 3 | 15 days |
| Condo / co-op | $150,000 | $168/sq ft | 1 | 137 days |
Who lives in Alamo?
American Community Survey estimates for Alamo. U.S. Census ACS, 2023
Population
20,008
Households
6,013
Median income
$54,234/yr
Median age
29.7 years
Owner-occupied
73.2%
Median home value
$119,300
Median gross rent
$649/mo
Mean commute
22.8 min
73.2% of occupied homes in Alamo are owner-occupied, and the rest are rented — which is the share that decides how much of the local housing stock ever reaches the for-sale market. The Census self-reported median home value is $119,300 against Zillow's $173,878 typical value; the gap is normal — ACS asks owners what they think their home is worth, Zillow models transactions. Census median gross rent (all leases, including long-held ones) is $649/mo, below Zillow's $1,288/mo asking rent on new leases — the difference is roughly what a mover pays over a stayer.
Which public schools serve Alamo?
12 schools tracked · 9,626 students
The largest public schools serving Alamo, TX by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.
PSJA MEMORIAL EARLY COLLEGE H S
Grades 9-12 · 1,946 students
VANGUARD MOZART
Grades PK-12 · 1,209 students
IDEA COLLEGE PREPARATORY ALAMO
Grades 6-12 · 763 students
AUDIE MURPHY MIDDLE
Grades 6-8 · 757 students
JOHN MCKEEVER EL
Grades PK-5 · 722 students
IDEA ACADEMY ALAMO
Grades K-5 · 704 students
AUGUSTO GUERRA EL
Grades PK-5 · 700 students
JESUS - JESSE - VELA JR MIDDLE
Grades 6-8 · 678 students
Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.
Which cities are near Alamo, TX?
Ordered by distance from Alamo, not by size. Compare Alamo side by side with any of them.
Alamo housing market FAQ
Is Alamo a buyer's or seller's market?
Alamo, TX is currently a buyer's market. That read comes from 24.8 months of supply, homes going under contract in about 36 days, and sellers getting 98.4% of their asking price in the last month Redfin published (May 2026).
How much do homes cost in Alamo?
The typical home in Alamo, TX is worth $173,878 (Zillow Home Value Index, August 2026). The median sale price in the last month Redfin published was $211,200, about $172 per square foot.
Is Alamo cheaper than the rest of Texas?
Alamo's median sale price of $211,200 is 41% lower than the Texas statewide median of $356,100, and 49% below the U.S. median of $410,700. Both figures are for the same period.
How long do homes take to sell in Alamo?
Homes in Alamo, TX spent a median of 36 days on market before going under contract, versus 56 days statewide. That is a normal pace: enough time to see a home twice, not enough to wait a month. (Redfin, through May 2026.)
What income do you need to buy a home in Alamo?
At the current 30-year fixed rate of 7.03%, 20% down on a $173,878 home is about $928 a month in principal and interest. Lenders typically want that under 28% of gross income, which works out to roughly $39,782 a year before taxes, insurance, HOA dues or mortgage insurance. The local median household income is $54,234.
Are home prices rising in Alamo?
The typical home value in Alamo, TX rose 4.5% over the last 12 months, from $166,364 to $173,878 (Zillow, August 2026). This is the live series — it refreshes monthly.
What are the cheapest ZIP codes in Alamo?
Alamo ZIP-level sale prices are not all published for the same period, so ranking them would compare different months. The ZIP pages listed on this page show what we hold for each one individually.
Is now a good time to buy in Alamo?
That depends on your timeline, not on a headline. What the data says today: Alamo, TX is a buyer's market with 24.8 months of supply, the 30-year fixed rate is 7.03%, and the price-to-rent ratio of 11.3x means buying tends to beat renting on monthly cost over a typical hold. Properties Incorporated publishes the data; it does not give financial advice.
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