South Padre Island, TX Home Values & Market Trends
Real estate market trends reflect that there have been 192 transactions over the past year in South Padre Island. The median value for residential home transactions that occurred over the previous year is $622,583. The number of current listings in South Padre Island is 123, and the percentage of properties for sale in the city is 123.00%. South Padre Island, TX currently has 5 properties in foreclosure, 3 bank owned properties, 2 properties headed for auction, and 123 properties for sale.
South Padre Island, TX Real Estate Market Overview
| Zip | Median Est. Value |
|---|---|
| 78597 | $ 622,583 $ 434/sqft |
Housing Market Summary for South Padre Island, TX
| Sep 2025 | September 2026 | Change | |
|---|---|---|---|
| Median Listing Price | $599K | $765K | 27.71% |
| Median Sold Price | $552.1K | $493.6K | -10.61% |
| Homes For Sale | 140 | 131 | -6.43% |
| Homes Sold | 81 | 166 | 104.94% |
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 $185,000 to $3,868,183. The median estimated value of a home in South Padre Island is $622,583. The median list price of a home is 695,000, and the total count of properties in the city is 301.
- 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 $585,592 in 78597 to the lowest value of $229,566 in 78597. Bank owned homes and properties account for 1.00% of properties in South Padre Island, TX. There is 1 zips within South Padre Island, TX; 78597 containing 3 REO properties, has the highest number of bank owned properties in a single zip.
- Auctions78597 has 2 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 0.66% 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 $495,045 in 78597 to the lowest value of $299,500 in 78597.
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Guide for South Padre Island, TX
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