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Featured local agent — Alvarado, TX
Sarah Mitchell
Compass Real Estate · Alvarado, TX
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Alvarado, TX Housing Market & Real Estate
Housing market overview · Updated monthly ·
$327,500median sale price
How is the Alvarado, TX housing market right now?
The median home sale price in Alvarado, TX is $327,500, up 28.9% year-over-year. Homes sell in an average of 133 days with 36 active listings. The market is currently a balanced market. (Source: Redfin monthly MLS data, as of May 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)
Is Alvarado a buyer's or seller's market?
Alvarado, TX is currently a balanced market, based on 3.6 months of supply and homes selling in about 133 days. How we determine this →
Homes sold
10
Last 12 weeks
Days on market
133
Average pace
Active listings
36
3.6 months supply
Sale-to-list
97.5%
Below asking
What does the Alvarado housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $327,500 |
| Median list price | $338,500 |
| Year-over-year price change | +28.9% |
| Average days on market | 133 days |
| Active inventory | 36 listings |
| Months of supply | 3.6 months |
| Sale-to-list price ratio | 97.5% |
| Median price per sq ft | $150/sq ft |
| Homes sold (latest month) | 10 |
| New listings (latest month) | 8 |
| Listings with a price cut | 36.1% |
| Market condition | Balanced market |
Source: Redfin · Updated monthly
How much do homes cost in Alvarado by property type?
How the Alvarado, TX market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $327,500 | $150/sq ft | 10 | 133 days |
Source: Redfin · Updated monthly
The Alvarado housing market is currently classified as a balanced market with a median sale price of $327,500. Prices have risen 28.9% compared to last year, with homes spending an average of 133 days on market, indicating 3.6 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.The price-to-income ratio of 4.3x provides context for how home values compare to local earning capacity.
Homes for sale in Alvarado
There are currently 36 homes listed for sale in Alvarado, Texas. The median listing price is $339K.
Active listings
36
Homes on market
Median list price
$339K
Avg. days on market
133
Days until sale
New this week
8
Newly listed
Who lives in Alvarado?
Population
5,424
Median income
$71,296/yr
Median age
32.8 years
Owner-occupied
64.2%
College grads
9.7%
Avg commute
29.6 min
Source: U.S. Census Bureau ACS
What are homes worth in Alvarado?
Zillow home value
$307,795
Zillow rent index
$1,582/mo
Price-to-rent ratio
16.2x
Price-to-income
4.3x
Source: Zillow Research
What is it like to live in Alvarado?
Alvarado is a community of approximately 5K residents with a median age of 32.8 years.The median household income is $71,296, which represents a working-class community with solid middle-income opportunities. 9.7% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.
Homeownership rates are at 64.2%, showing a blend of owner and renter-occupied properties. The average commute time is 29.6 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Alvarado offers a balanced lifestyle with accessible home values relative to local income levels.
Which public schools serve Alvarado?
6 schools tracked · 3,782 students
The largest public schools serving Alvarado, 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.
ALVARADO H S
Grades 9-12 · 1,200 students
ALVARADO J H
Grades 6-8 · 841 students
ALVARADO INT
Grades 3-5 · 809 students
ALVARADO EL-SOUTH
Grades PK-2 · 352 students
LILLIAN EL
Grades PK-2 · 296 students
ALVARADO EL-NORTH
Grades PK-2 · 284 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 Alvarado, TX?
Want a head-to-head view? Compare Alvarado side-by-side with any other U.S. city using our market-comparison tool.
Is Alvarado a good real estate investment market?
For investors evaluating Alvarado, the price-to-rent ratio of 16.2x indicates higher purchase prices relative to rental income, typical of appreciation-focused markets. The market has appreciated 28.9% year-over-year, reflecting ongoing demand and value growth.Use our rent vs. buy calculator to analyze whether owning or renting makes more financial sense based on Alvarado's current market conditions and your specific situation. Estimate your monthly payment with the mortgage calculator using Alvarado's median home price.
Frequently asked questions
What is the average home price in Alvarado?
The median home sale price in Alvarado is $327,500, up 28.9% from last year.
How long do homes stay on market in Alvarado?
Homes typically spend 133 days on market before going under contract.
What is the median income in Alvarado?
The median household income is $71,296 per year.
Is Alvarado a buyer's or seller's market?
With 3.6 months of supply, Alvarado is currently a balanced market.
What is the Zillow home value estimate for Alvarado?
The Zillow Home Value Index (ZHVI) for Alvarado is $307,795, representing the typical home value in the area.
How much does a single-family home cost in Alvarado?
The median single-family home price in Alvarado, TX is $327,500 (about $150 per square foot).
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