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Featured local agent — Homestead Meadows South, TX

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Sarah Mitchell

CNESRESABR

Compass Real Estate · Homestead Meadows South, TX

“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”

Homestead Meadows South, TX(512) 555-0184TX License #0512847
Visit website →sarahmitchellhomes.com
5.0 · 47 reviews

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Homestead Meadows South, TX Housing Market & Real Estate

Buyer's market-52.5% YoY

Housing market overview · Updated monthly ·

$147,200median sale price

How is the Homestead Meadows South, TX housing market right now?

The median home sale price in Homestead Meadows South, TX is $147,200, down 52.5% year-over-year. Homes sell in an average of 32 days with 8 active listings. The market is currently a buyer's 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 Homestead Meadows South a buyer's or seller's market?

Buyer's market8.0 months of supply32 avg. days on market

Homestead Meadows South, TX is currently a buyer's market, based on 8.0 months of supply and homes selling in about 32 days. How we determine this →

Homes sold

1

Last 12 weeks

Days on market

32

Average pace

Active listings

8

8.0 months supply

Sale-to-list

95.0%

Below asking

What does the Homestead Meadows South housing market data show?

Current housing market statistics for Homestead Meadows South, TX
MetricValue
Median sale price$147,200
Median list price$199,000
Year-over-year price change-52.5%
Average days on market32 days
Active inventory8 listings
Months of supply8.0 months
Sale-to-list price ratio95.0%
Median price per sq ft$150/sq ft
Homes sold (latest month)1
New listings (latest month)3
Listings with a price cut12.5%
Market conditionBuyer's market

Source: Redfin · Updated monthly

How much do homes cost in Homestead Meadows South by property type?

How the Homestead Meadows South, TX market breaks down across single-family homes, condos, and townhouses.

Median price, price per square foot, homes sold and days on market by property type in Homestead Meadows South, TX
Property typeMedian pricePrice / sq ftHomes soldDays on market
Single-family$194,950$141/sq ft2109 days
Townhouse$147,200$150/sq ft132 days

Source: Redfin · Updated monthly

The Homestead Meadows South housing market is currently classified as a buyer's market with a median sale price of $147,200. Prices have fallen 52.5% compared to last year, with homes spending an average of 32 days on market, indicating 8.0 months of inventory.This inventory level gives buyers significantly more negotiating power, allowing time to inspect properties thoroughly and potentially negotiate better terms.

Homes for sale in Homestead Meadows South

There are currently 8 homes listed for sale in Homestead Meadows South, Texas. The median listing price is $199K.

Active listings

8

Homes on market

Median list price

$199K

Avg. days on market

32

Days until sale

New this week

3

Newly listed

Price drops:12.5%of listings
Sale-to-list:95.0%

Who lives in Homestead Meadows South?

Population

7,687

Median income

$60,571/yr

Median age

29.9 years

Owner-occupied

78.0%

College grads

13.8%

Avg commute

31.2 min

Source: U.S. Census Bureau ACS

What is it like to live in Homestead Meadows South?

Homestead Meadows South is a community of approximately 8K residents with a median age of 29.9 years.The median household income is $60,571, which represents a working-class community with solid middle-income opportunities. 13.8% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.

Homeownership rates are at 78.0%, reflecting strong community stability and long-term resident commitment. The average commute time is 31.2 minutes, which suggests a more suburban or rural location for those willing to commute longer distances.Overall, Homestead Meadows South offers a balanced lifestyle with accessible home values relative to local income levels.

Which cities are near Homestead Meadows South, TX?

Want a head-to-head view? Compare Homestead Meadows South side-by-side with any other U.S. city using our market-comparison tool.

Frequently asked questions

What is the average home price in Homestead Meadows South?

The median home sale price in Homestead Meadows South is $147,200, down 52.5% from last year.

How long do homes stay on market in Homestead Meadows South?

Homes typically spend 32 days on market before going under contract.

What is the median income in Homestead Meadows South?

The median household income is $60,571 per year.

Is Homestead Meadows South a buyer's or seller's market?

With 8.0 months of supply, Homestead Meadows South is currently a buyer's market.

How much does a single-family home cost in Homestead Meadows South?

The median single-family home price in Homestead Meadows South, TX is $194,950 (about $141 per square foot).

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