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Featured local agent — Salado, TX
Sarah Mitchell
Compass Real Estate · Salado, TX
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Salado, TX Housing Market & Real Estate
Housing market overview · Updated monthly ·
$470,202median sale price
How is the Salado, TX housing market right now?
The median home sale price in Salado, TX is $470,202, down 7.3% year-over-year. Homes sell in an average of 115 days with 46 active listings. The market is currently a leaning buyer's. (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 Salado a buyer's or seller's market?
Salado, TX is currently a leaning buyer's, based on 4.6 months of supply and homes selling in about 115 days. How we determine this →
Homes sold
10
Last 12 weeks
Days on market
115
Average pace
Active listings
46
4.6 months supply
Sale-to-list
98.7%
Below asking
What does the Salado housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $470,202 |
| Median list price | $469,900 |
| Year-over-year price change | -7.3% |
| Average days on market | 115 days |
| Active inventory | 46 listings |
| Months of supply | 4.6 months |
| Sale-to-list price ratio | 98.7% |
| Median price per sq ft | $216/sq ft |
| Homes sold (latest month) | 10 |
| New listings (latest month) | 21 |
| Listings with a price cut | 28.3% |
| Market condition | Leaning buyer's |
Source: Redfin · Updated monthly
How much do homes cost in Salado by property type?
How the Salado, 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 | $470,202 | $216/sq ft | 10 | 115 days |
| Condo / Co-op | $130,000 | $199/sq ft | 1 | 31 days |
| Townhouse | $159,000 | $219/sq ft | 1 | 19 days |
Source: Redfin · Updated monthly
The Salado housing market is currently classified as a leaning buyer's with a median sale price of $470,202. Prices have fallen 7.3% compared to last year, with homes spending an average of 115 days on market, indicating 4.6 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 4.8x provides context for how home values compare to local earning capacity.
Homes for sale in Salado
There are currently 46 homes listed for sale in Salado, Texas. The median listing price is $470K.
Active listings
46
Homes on market
Median list price
$470K
Avg. days on market
115
Days until sale
New this week
21
Newly listed
Who lives in Salado?
Population
2,292
Median income
$103,500/yr
Median age
48.3 years
Owner-occupied
88.5%
College grads
60.5%
Avg commute
24.2 min
Source: U.S. Census Bureau ACS
What are homes worth in Salado?
Zillow home value
$494,112
Zillow rent index
$1,756/mo
Price-to-rent ratio
23.4x
Price-to-income
4.8x
Source: Zillow Research
What is it like to live in Salado?
Salado is a community of approximately 2K residents with a median age of 48.3 years.The median household income is $103,500, which reflects a relatively affluent area with strong earning potential. 60.5% of residents hold a bachelor's degree or higher, indicating a highly educated population.
Homeownership rates are at 88.5%, reflecting strong community stability and long-term resident commitment. The average commute time is 24.2 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Salado offers a balanced lifestyle with accessible home values relative to local income levels.
Which public schools serve Salado?
3 schools tracked · 2,346 students
The largest public schools serving Salado, 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.
THOMAS ARNOLD EL
Grades PK-5 · 1,031 students
SALADO H S
Grades 9-12 · 725 students
SALADO MIDDLE
Grades 6-8 · 590 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 Salado, TX?
Want a head-to-head view? Compare Salado side-by-side with any other U.S. city using our market-comparison tool.
Is Salado a good real estate investment market?
For investors evaluating Salado, the price-to-rent ratio of 23.4x indicates higher purchase prices relative to rental income, typical of appreciation-focused markets. The market has softened 7.3% year-over-year, potentially creating entry opportunities for strategic buyers.Use our rent vs. buy calculator to analyze whether owning or renting makes more financial sense based on Salado's current market conditions and your specific situation. Estimate your monthly payment with the mortgage calculator using Salado's median home price.
Frequently asked questions
What is the average home price in Salado?
The median home sale price in Salado is $470,202, down 7.3% from last year.
How long do homes stay on market in Salado?
Homes typically spend 115 days on market before going under contract.
What is the median income in Salado?
The median household income is $103,500 per year.
Is Salado a buyer's or seller's market?
With 4.6 months of supply, Salado is currently a leaning buyer's.
What is the Zillow home value estimate for Salado?
The Zillow Home Value Index (ZHVI) for Salado is $494,112, representing the typical home value in the area.
What is the median condo price in Salado?
The median condo/co-op sale price in Salado, TX is $130,000, compared to $470,202 for a single-family home, based on the latest Redfin data.
How much does a single-family home cost in Salado?
The median single-family home price in Salado, TX is $470,202 (about $216 per square foot).
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