Is Bandera County, TX a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
At the same time last year, Bandera County was a Seller's Market.
Housing Prices in Bandera County, TX
How much do homes in Bandera County, TX cost?
Median Sold Price
$409,000
$218/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Bandera County was $409,000 in May 2024, up 2.5% from last year, and the median price per square foot was $218.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $220K | $160K | -27.3% |
2 Bedrooms | $285.2K | $260K | -8.8% |
3 Bedrooms | $410K | $426K | +3.9% |
4 Bedrooms | $510.5K | $479K | -6.2% |
5+ Bedrooms | $724.5K | $634.9K | -12.4% |
Summary: Bandera County housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 27.3%, 2 bedroom homes decreased by 8.8%, 3 bedroom homes increased by 3.9%, 4 bedroom homes decreased by 6.2%, and 5+ bedroom homes decreased by 12.4%.
Median Sold Price Compared To Nearby Counties
Kerr County | $410.5K | $425K | +3.5% |
Bandera County | $399K | $409K | +2.5% |
Kendall County | $591.9K | $584.1K | -1.3% |
Bexar County | $299.9K | $294.1K | -1.9% |
Medina County | $381.5K | $360K | -5.6% |
Housing Supply in Bandera County, TX
How many homes are available in Bandera County, TX?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
168 | 177 | +5.4% |
Summary: The Bandera County real estate market had 177 homes for sale in May 2024, a 5.4% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 17 | 20 | +17.6% |
2 Bedrooms | 34 | 35 | +2.9% |
3 Bedrooms | 75 | 81 | +8.0% |
4 Bedrooms | 36 | 34 | -5.6% |
5+ Bedrooms | 6 | 7 | +16.7% |
Summary: The Bandera County housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 17.6%, 2 bedroom homes increased by 2.9%, 3 bedroom homes increased by 8%, 4 bedroom homes decreased by 5.6%, and 5+ bedroom homes increased by 16.7%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
17 | 13 | -23.5% |
Asking Price vs. Sold Price
8 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 13 homes were sold or pending in Bandera County in May 2024, down by 23.5% month-over-month. Of the 13 sold homes, 62% were sold under asking, 31% were sold at asking, and 8% were sold over asking.
Days on Market for Bandera County, TX
How long does it take to sell a home in Bandera County, TX?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
111 Days | 158 Days | +41.3% |
Summary: Homes in Bandera County had an average of 158 days on market in May 2024, up by 41.3% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
6 Homes Were Sold
In 30 - 90 Days
6 Homes Were Sold
Over 90 Days
Summary: During May 2024, 13 homes were sold in Bandera County; 8% of homes were sold within 30 days, 46% of homes were sold within 30 to 90 days, and 46% of homes were sold over 90 days.