South Padre Island, TX Home Values & Market Trends
Real estate market trends reflect that there have been 209 transactions over the past year in South Padre Island. The median value for residential home transactions that occurred over the previous year is $504,708.4. The number of current listings in South Padre Island is 107, and the percentage of properties for sale in the city is 107.00%. South Padre Island, TX currently has 1 properties in foreclosure, 0 bank owned properties, 1 properties headed for auction, and 107 properties for sale.
South Padre Island, TX Real Estate Market Overview
Zip | Median Est. Value |
---|---|
78597 | $ 608,836 $ 477/sqft |
Housing Market Summary for South Padre Island, TX
Apr 2023 | March 2024 | Change | |
---|---|---|---|
Median Listing Price | $577K | $482.3K | -16.41% |
Median Sold Price | $373.4K | $482.3K | 29.17% |
Homes For Sale | 58 | 101 | 74.14% |
Homes Sold | 93 | 79 | -15.05% |
Price Per Square Foot
On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.
Recently Sold Homes
Explore recent offers and recently sold homes in South Padre Island, TX
Browse Homes in South Padre Island, TX
South Padre Island home values range from $24,210 to $5,150,059. The median estimated value of a home in South Padre Island is $504,708.4. The median list price of a home is 629,000, and the total count of properties in the city is 7,107.
- Pre-ForeclosurePre-foreclosure homes account for 0% of all residential properties in South Padre Island, TX with $[pre-foreclosures-highest-count-region] containing 0 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There is 1 zips within South Padre Island, TX; of that zips, the estimated home value for pre-foreclosure homes ranges from $0 in N/A to the lowest home value of $0 in $[pre-foreclosures-lowest-avm-region].
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in South Padre Island, TX ranges from the highest value of $0 in N/A to the lowest value of $0 in N/A. Bank owned homes and properties account for 0% of properties in South Padre Island, TX. There is 1 zips within South Padre Island, TX; N/A containing 0 REO properties, has the highest number of bank owned properties in a single zip.
- Auctions78597 has 1 auction properties, the highest number of properties going to auction in a single zip in the state of South Padre Island, TX. Auction homes and other auction properties account for 0.01% of all properties in South Padre Island, TX. There is 1 zips within South Padre Island, TX; of that zips, the median estimated home value for homes going to auction ranges from $359,471 in 78597 to the lowest value of $359,471 in 78597.
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Guide for South Padre Island, TX
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