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Featured local agent — South Padre Island, TX
Sarah Mitchell
Compass Real Estate · South Padre Island, TX
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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South Padre Island, TX Housing Market & Real Estate
Housing market overview · Updated monthly ·
$599,500median sale price
How is the South Padre Island, TX housing market right now?
The median home sale price in South Padre Island, TX is $599,500, up 18.9% year-over-year. Homes sell in an average of 241 days with 299 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 South Padre Island a buyer's or seller's market?
South Padre Island, TX is currently a buyer's market, based on 12.0 months of supply and homes selling in about 241 days. How we determine this →
Homes sold
25
Last 12 weeks
Days on market
241
Average pace
Active listings
299
12.0 months supply
Sale-to-list
94.3%
Below asking
What does the South Padre Island housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $599,500 |
| Median list price | $499,000 |
| Year-over-year price change | +18.9% |
| Average days on market | 241 days |
| Active inventory | 299 listings |
| Months of supply | 12.0 months |
| Sale-to-list price ratio | 94.3% |
| Median price per sq ft | $381/sq ft |
| Homes sold (latest month) | 25 |
| New listings (latest month) | 49 |
| Listings with a price cut | 14.7% |
| Market condition | Buyer's market |
Source: Redfin · Updated monthly
How much do homes cost in South Padre Island by property type?
How the South Padre Island, 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 | $695,000 | $356/sq ft | 3 | 484 days |
| Condo / Co-op | $477,500 | $407/sq ft | 16 | 139 days |
| Townhouse | $699,000 | $341/sq ft | 5 | 392 days |
Source: Redfin · Updated monthly
The South Padre Island housing market is currently classified as a buyer's market with a median sale price of $599,500. Prices have risen 18.9% compared to last year, with homes spending an average of 241 days on market, indicating 12.0 months of inventory.This inventory level gives buyers significantly more negotiating power, allowing time to inspect properties thoroughly and potentially negotiate better terms.The price-to-income ratio of 7.4x provides context for how home values compare to local earning capacity.
Homes for sale in South Padre Island
There are currently 299 homes listed for sale in South Padre Island, Texas. The median listing price is $499K.
Active listings
299
Homes on market
Median list price
$499K
Avg. days on market
241
Days until sale
New this week
49
Newly listed
Who lives in South Padre Island?
Population
2,852
Median income
$61,578/yr
Median age
59 years
Owner-occupied
66.2%
College grads
52.5%
Avg commute
14.3 min
Source: U.S. Census Bureau ACS
What are homes worth in South Padre Island?
Zillow home value
$453,093
Price-to-income
7.4x
Source: Zillow Research
What is it like to live in South Padre Island?
South Padre Island is a community of approximately 3K residents with a median age of 59 years.The median household income is $61,578, which represents a working-class community with solid middle-income opportunities. 52.5% of residents hold a bachelor's degree or higher, indicating a highly educated population.
Homeownership rates are at 66.2%, reflecting strong community stability and long-term resident commitment. The average commute time is 14.3 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, South Padre Island offers a balanced lifestyle with accessible home values relative to local income levels.
Which cities are near South Padre Island, TX?
Want a head-to-head view? Compare South Padre Island side-by-side with any other U.S. city using our market-comparison tool.
Frequently asked questions
What is the average home price in South Padre Island?
The median home sale price in South Padre Island is $599,500, up 18.9% from last year.
How long do homes stay on market in South Padre Island?
Homes typically spend 241 days on market before going under contract.
What is the median income in South Padre Island?
The median household income is $61,578 per year.
Is South Padre Island a buyer's or seller's market?
With 12.0 months of supply, South Padre Island is currently a buyer's market.
What is the Zillow home value estimate for South Padre Island?
The Zillow Home Value Index (ZHVI) for South Padre Island is $453,093, representing the typical home value in the area.
What is the median condo price in South Padre Island?
The median condo/co-op sale price in South Padre Island, TX is $477,500, compared to $695,000 for a single-family home, based on the latest Redfin data.
How much does a single-family home cost in South Padre Island?
The median single-family home price in South Padre Island, TX is $695,000 (about $356 per square foot).
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