Pelican Bay, TX

Buyer's market+52.4% YoY

Housing market overview · Updated weekly

$250,000median sale price

Homes sold

1

Last 12 weeks

Days on market

17

Fast-moving

Active listings

22

22.0 months supply

Sale-to-list

98.4%

Below asking

The Pelican Bay housing market is currently classified as a buyer's market with a median sale price of $250,000. Prices have risen 52.4% compared to last year, with homes spending an average of 17 days on market, indicating 22.0 months of inventory.This inventory level gives buyers significantly more negotiating power, allowing time to inspect properties thoroughly and potentially negotiate better terms.

Market trends

Homes for sale in Pelican Bay

There are currently 22 homes listed for sale in Pelican Bay, Texas. The median listing price is $158K.

Active listings

22

Homes on market

Median list price

$158K

Avg. days on market

17

Days until sale

New this week

13

Newly listed

Price drops:31.8%of listings
Sale-to-list:98.4%

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Frequently asked questions

What is the average home price in Pelican Bay?

The median home sale price in Pelican Bay is $250,000, up 52.4% from last year.

How long do homes stay on market in Pelican Bay?

Homes typically spend 17 days on market before going under contract.

Is Pelican Bay a buyer's or seller's market?

With 22.0 months of supply, Pelican Bay is currently a buyer's market.

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