South Padre Island, TX Housing Market & Real Estate
Housing market overview · Updated weekly ·
Quick answer: The median home sale price in South Padre Island, TX is $386,000, down 17.0% year-over-year. Homes sell in an average of 304 days with 298 active listings. The market is currently a buyer's market.
$386,000median sale price
Homes sold
12
Last 12 weeks
Days on market
304
Average pace
Active listings
298
24.8 months supply
Sale-to-list
—
Below asking
South Padre Island, TX market data
| Metric | Value |
|---|---|
| Median sale price | $386,000 |
| Median list price | $450,000 |
| Year-over-year price change | -17.0% |
| Average days on market | 304 days |
| Active inventory | 298 listings |
| Months of supply | 24.8 months |
| Market condition | Buyer's market |
Source: Redfin · Updated weekly
The South Padre Island housing market is currently classified as a buyer's market with a median sale price of $386,000. Prices have fallen 17.0% compared to last year, with homes spending an average of 304 days on market, indicating 24.8 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 South Padre Island
There are currently 298 homes listed for sale in South Padre Island, Texas. The median listing price is $450K.
Active listings
298
Homes on market
Median list price
$450K
Avg. days on market
304
Days until sale
New this week
39
Newly listed
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Frequently asked questions
What is the average home price in South Padre Island?
The median home sale price in South Padre Island is $386,000, down 17.0% from last year.
How long do homes stay on market in South Padre Island?
Homes typically spend 304 days on market before going under contract.
Is South Padre Island a buyer's or seller's market?
With 24.8 months of supply, South Padre Island is currently a buyer's market.
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