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Featured local agent — Tiki Island, TX
Sarah Mitchell
Compass Real Estate · Tiki Island, TX
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Tiki Island, TX Housing Market
The typical home in Tiki Island, TX is worth $665,494, fell 6.8% over the past year (Zillow Home Value Index, August 2026). The last median sale price Redfin published was $634,000, -23.6% year over year (through May 2026). With 28.0 months of supply and homes going under contract in about 15 days, Tiki Island is a buyer's market. At today's 7.03% 30-year fixed rate, 20% down on a $665,494 home is about $3,553/mo in principal and interest.
Key numbers for Tiki Island, TX
Typical home value
$665,494
-6.8% in 12 months
Zillow, August 2026
Median sale price
$634,000
-23.6% year over year
Redfin, through May 2026
Days on market
15
Fast-moving
Redfin, through May 2026
Active listings
56
28.0 months of supply
Redfin, through May 2026
30-yr fixed rate
7.03%
Freddie Mac weekly average
Freddie Mac via FRED, September 2026
Median household income
$124,000
Home costs 5.4x income
U.S. Census ACS, 2023
Sale-to-list ratio
99.0%
Selling below asking
Redfin, through May 2026
Zillow figures are as of August 2026 and refresh monthly. Redfin figures are through May 2026 — Redfin stopped publishing its public market trackers in June 2026, so those numbers are final, not current. Mortgage rates come from Freddie Mac via FRED and update weekly.
Is Tiki Island a buyer's or seller's market?
Tiki Island, TX is a buyer's market, based on 28.0 months of supply and homes selling in about 15 days. Above 7 months of supply is a glut: inventory is well ahead of the sales pace, and buyers can take time to inspect, compare, and negotiate concessions.
Inputs are Redfin's final published period (May 2026). How we classify markets · Where the data comes from
What does the Tiki Island housing market data show?
Every row below is Redfin's final published month for Tiki Island, TX. Redfin, through May 2026
| Metric | Value |
|---|---|
| Median sale price | $634,000 |
| Median list price | $800,000 |
| Year-over-year price change | -23.6% |
| Median price per sq ft | $371/sq ft |
| Median days on market | 15 days |
| Active inventory | 56 listings |
| Months of supply | 28.0 months |
| Sale-to-list price ratio | 99.0% |
| Homes sold (that month) | 2 |
| New listings (that month) | 12 |
| Listings with a price cut | 37.5% |
| Market condition | Buyer's market |
How to read these numbers
- Median sale price
- Half the homes that closed sold for more than this, half for less. It moves with what kind of home sold that month, so a quiet month with two big sales can swing it. Redfin's figure for Tiki Island is frozen at May 2026.
- Typical home value (ZHVI)
- Zillow's estimate of what a mid-market home in Tiki Island is worth right now, whether or not it sold. It is smoother than the median sale price and it still refreshes monthly, which is why this page leads with it.
- Months of supply
- How long it would take to sell every active listing at the current pace. Under 3 favors sellers, over 6 favors buyers, and 3 to 6 is the balanced band.
- Days on market
- Median time from listing to accepted offer. Short means you should have financing ready before you tour; long means there is room to negotiate on price and repairs.
- Sale-to-list ratio
- Sale price divided by the last asking price. Above 100% means bidding above asking is normal here; below 100% means the typical buyer got a discount.
- Price per square foot
- The size-adjusted price. Use it to compare a 1,400 sq ft house to a 2,600 sq ft house, not to value your own home — lot, condition and age move it a lot.
- Listings with a price cut
- Share of active listings that dropped their asking price in the month. A high share is the earliest visible sign that sellers are ahead of what buyers will pay.
- Typical asking rent (ZORI)
- Zillow's repeat-rent index for asking rents on new leases. Paired with the home value it gives the price-to-rent ratio in the rent-vs-buy section below.
How have Tiki Island home prices moved?
Over the last three years the median sale price in Tiki Island, TX rose 1.4%, from $625,000 to $634,000. The live Zillow value series has fell 6.8% in the last 12 months, which is the more current read now that Redfin's series has stopped. 37.5% of Tiki Island listings cut their asking price in the final Redfin month — a high share, and the clearest sign that list prices were running ahead of what buyers would pay. For prices to fall meaningfully from here, supply would have to keep building past 28.0 months while the sale-to-list ratio slips below its current 99.0%. Watch those two together — they move before the median does.
Redfin, through May 2026 — the chart ends at Redfin's final published month.
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What does it cost to buy a home in Tiki Island?
Priced off the typical home value of $665,494 at the current 7.03% 30-year fixed rate. These are principal and interest only — property taxes, homeowner's insurance, HOA dues and mortgage insurance are on top, and they vary enough by property that we will not guess them for you.
| Down payment | Cash at close | Loan amount | Monthly P&I |
|---|---|---|---|
| 20% | $133,099 | $532,395 | $3,553/mo |
| 5% | $33,275 | $632,219 | $4,219/mo |
Zillow, August 2026 for the price · Freddie Mac via FRED, September 2026 for the rate
What income do you need?
Lenders generally want housing costs under 28% of gross income. On the 20%-down payment of $3,553, that implies roughly $152,262 a year before you add taxes and insurance. The median household in Tiki Island earns $124,000, about $28,262 short of that threshold — the typical local household needs a larger down payment, a co-borrower, or a home below the typical home value to fit the 28% rule. That puts the price-to-income ratio at 5.4x — well above the 3x that was historically considered affordable, which is why down payment size drives who can buy here.
Run it with your own numbers: affordability calculator · mortgage calculator
Buying in Tiki Island in the next 12 months?
Tell us your timeline. We send the Tiki Island market brief: the price ranges that actually clear, how long homes sit, and what to fix on your credit before you apply.
Is it cheaper to rent or buy in Tiki Island?
Zillow does not publish a rent index (ZORI) for Tiki Island, TX, so we cannot compute a price-to-rent ratio here without borrowing a nearby market's rents and calling them local — which we will not do. The rent vs. buy calculator works with a rent figure you supply.
Is inventory rising or falling in Tiki Island?
Active listings in Tiki Island, TX went from 79 in May 2025 to 56 in May 2026, a -29.1% change. Falling inventory tightens competition. When supply drops while demand holds, sale-to-list ratios rise before the median sale price does.
| Month | Active listings | New listings |
|---|---|---|
| June 2025 | 81 | 5 |
| July 2025 | 79 | 5 |
| August 2025 | 71 | 4 |
| September 2025 | 69 | 9 |
| October 2025 | 63 | 5 |
| November 2025 | 57 | 8 |
| December 2025 | 46 | 4 |
| January 2026 | 43 | 6 |
| February 2026 | 49 | 9 |
| March 2026 | 60 | 23 |
| April 2026 | 57 | 8 |
| May 2026 | 56 | 12 |
Redfin, through May 2026
How does Tiki Island compare to Texas and the U.S.?
Tiki Island homes sell for $634,000 — 78% above the Texas median of $356,100. Against the national median of $410,700, Tiki Island runs 54% higher. Year-over-year, Tiki Island moved -23.6% against Texas's +2.1% — a bigger swing than the state as a whole.
| Market | Median sale price | YoY | Days on market |
|---|---|---|---|
| Tiki Island, TX | $634,000 | -23.6% | 15 days |
| Texas statewide | $356,100 | +2.1% | 56 days |
| United States | $410,700 | not published | not published |
City and state rows: Redfin, through May 2026 · U.S. row: Freddie Mac via FRED, April 2026 (MSPUS, quarterly)
What to do next in Tiki Island
What buyers should watch
- Months of supply, currently 28.0. It turns before price does — when it climbs past 6, sellers start taking offers they would have rejected a quarter earlier.
- The share of listings cutting price, currently 37.5%. A listing that has already cut once is the one most likely to accept below asking.
- The gap between 5% and 20% down here is $666 a month in principal and interest alone, before mortgage insurance. That gap, not the price, is usually what decides your timeline.
- Rate moves. At 7.03%, every full point of rate change moves the payment on a $665,494 home more than a 5% price change does.
- Your credit tier before you shop, not after — it sets the rate you are quoted. Run your numbers first.
What sellers should know
- The median Tiki Island listing goes under contract in 15 days. If yours passes that mark, the market is telling you the price is wrong — not that you need more showings.
- Homes here close at 99.0% of asking. Price to that ratio from day one rather than chasing the market down in cuts.
- In the last published month Tiki Island added 12 new listings against 2 sales — more competition arriving than clearing, so early timing matters.
- Your equity moved -6.8% in the last 12 months on the Zillow value series. That, not the price you paid, is what sets your net proceeds.
- Comparable ZIP-level pricing inside Tiki Island varies more than the citywide median suggests — check the ZIP pages below before you set a number.
Homes for sale in Tiki Island
There are currently 56 homes listed for sale in Tiki Island, Texas. The median listing price is $800K.
Active listings
56
Homes on market
Median list price
$800K
Avg. days on market
15
Days until sale
New this week
12
Newly listed
How much do homes cost in Tiki Island by property type?
How the Tiki Island, TX market breaks down across single-family homes, condos and townhouses. Redfin, through May 2026
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $634,000 | $371/sq ft | 2 | 15 days |
| Townhouse | $250,000 | $202/sq ft | 1 | 17 days |
Who lives in Tiki Island?
American Community Survey estimates for Tiki Island. U.S. Census ACS, 2023
Population
1,209
Households
664
Median income
$124,000/yr
Median age
57.8 years
Owner-occupied
93.2%
Median home value
$618,800
Median gross rent
$2,202/mo
Mean commute
36 min
93.2% of occupied homes in Tiki Island are owner-occupied, and the rest are rented — which is the share that decides how much of the local housing stock ever reaches the for-sale market. The Census self-reported median home value is $618,800 against Zillow's $665,494 typical value; the gap is normal — ACS asks owners what they think their home is worth, Zillow models transactions.
Which cities are near Tiki Island, TX?
Ordered by distance from Tiki Island, not by size. Compare Tiki Island side by side with any of them.
Tiki Island housing market FAQ
Is Tiki Island a buyer's or seller's market?
Tiki Island, TX is currently a buyer's market. That read comes from 28.0 months of supply, homes going under contract in about 15 days, and sellers getting 99.0% of their asking price in the last month Redfin published (May 2026).
How much do homes cost in Tiki Island?
The typical home in Tiki Island, TX is worth $665,494 (Zillow Home Value Index, August 2026). The median sale price in the last month Redfin published was $634,000, about $371 per square foot.
Is Tiki Island cheaper than the rest of Texas?
Tiki Island's median sale price of $634,000 is 78% higher than the Texas statewide median of $356,100, and 54% above the U.S. median of $410,700. Both figures are for the same period.
How long do homes take to sell in Tiki Island?
Homes in Tiki Island, TX spent a median of 15 days on market before going under contract, versus 56 days statewide. Under three weeks means well-priced listings move before most buyers can schedule a second showing. (Redfin, through May 2026.)
What income do you need to buy a home in Tiki Island?
At the current 30-year fixed rate of 7.03%, 20% down on a $665,494 home is about $3,553 a month in principal and interest. Lenders typically want that under 28% of gross income, which works out to roughly $152,262 a year before taxes, insurance, HOA dues or mortgage insurance. The local median household income is $124,000.
Are home prices rising in Tiki Island?
The typical home value in Tiki Island, TX fell 6.8% over the last 12 months, from $714,098 to $665,494 (Zillow, August 2026). This is the live series — it refreshes monthly.
What are the cheapest ZIP codes in Tiki Island?
Tiki Island ZIP-level sale prices are not all published for the same period, so ranking them would compare different months. The ZIP pages listed on this page show what we hold for each one individually.
Is now a good time to buy in Tiki Island?
That depends on your timeline, not on a headline. What the data says today: Tiki Island, TX is a buyer's market with 28.0 months of supply, the 30-year fixed rate is 7.03%. Properties Incorporated publishes the data; it does not give financial advice.
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