University Park, TX Housing Market & Real Estate

Balanced market+42.0% YoY

Housing market overview · Updated weekly ·

Quick answer: The median home sale price in University Park, TX is $2.90M, up 42.0% year-over-year. Homes sell in an average of 16 days with 39 active listings. The market is currently a balanced market.

$2.90Mmedian sale price

Homes sold

10

Last 12 weeks

Days on market

16

Fast-moving

Active listings

39

3.9 months supply

Sale-to-list

98.1%

Below asking

University Park, TX market data

Current housing market statistics for University Park, TX
MetricValue
Median sale price$2.90M
Median list price$2.47M
Year-over-year price change+42.0%
Average days on market16 days
Active inventory39 listings
Months of supply3.9 months
Sale-to-list price ratio98.1%
Market conditionBalanced market

Source: Redfin · Updated weekly

The University Park housing market is currently classified as a balanced market with a median sale price of $2.90M. Prices have risen 42.0% compared to last year, with homes spending an average of 16 days on market, indicating 3.9 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.

Market trends

Homes for sale in University Park

There are currently 39 homes listed for sale in University Park, Texas. The median listing price is $2.5M.

Active listings

39

Homes on market

Median list price

$2.5M

Avg. days on market

16

Days until sale

New this week

24

Newly listed

Price drops:17.9%of listings
Sale-to-list:98.1%

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Frequently asked questions

What is the average home price in University Park?

The median home sale price in University Park is $2.90M, up 42.0% from last year.

How long do homes stay on market in University Park?

Homes typically spend 16 days on market before going under contract.

Is University Park a buyer's or seller's market?

With 3.9 months of supply, University Park is currently a balanced market.

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