Is Bandera County, TX a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Bandera County is a buyer's market

Buyer's
Market

Difference Since November 2023

At the same time last year, Bandera County was a Seller's Market.

Key Takeaway

Bandera County is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Bandera County, TX

How much do homes in Bandera County, TX cost?

Median Sold Price

$401,000

$213/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$1,000(+0.3%)

Key Takeaway

The sold price of homes in Bandera County has remained the same since last year.

Summary: The median home sold price in Bandera County was $401,000 in November 2024, up 0.3% from last year, and the median price per square foot was $213.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $161.5K$142K
-12.1%
2 $236.5K$237.5K
0.4%
3 $425K$403.5K
-5.1%
4 $485K$506.5K
+4.4%
5+ $622.4K$645K
+3.6%

Summary: Bandera County housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 12.1%, 2 bedroom homes increased by 0.4%, 3 bedroom homes decreased by 5.1%, 4 bedroom homes increased by 4.4%, and 5+ bedroom homes increased by 3.6%.

Median Sold Price Compared To Nearby Counties

Bandera County
0.3%
Bexar County
-0.6%
Kendall County
-1.1%
Medina County
-6.5%
Kerr County
-9.5%

Housing Supply in Bandera County, TX

How many homes are available in Bandera County, TX?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
194209+7.7%

Summary: The Bandera County real estate market had 209 homes for sale in November 2024, a 7.7% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 1820
+11.1%
2 3437
+8.8%
3 93105
+12.9%
4 3534
-2.9%
5+ 1413
-7.1%

Summary: The Bandera County housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 11.1%, 2 bedroom homes increased by 8.8%, 3 bedroom homes increased by 12.9%, 4 bedroom homes decreased by 2.9%, and 5+ bedroom homes decreased by 7.1%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
139-30.8%

Asking Price vs. Sold Price

6 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Bandera County, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.

Summary: A total of 9 homes were sold or pending in Bandera County in November 2024, down by 30.8% month-over-month. Of the 9 sold homes, 67% were sold under asking, 11% were sold at asking, and 22% 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

Nov 2023Nov 2024CHANGE
99 Days178 Days+79.0%

Summary: Homes in Bandera County had an average of 178 days on market in Nov 2024, up by 79% compared to last year.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

6 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Most homes in Bandera County are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During November 2024, 9 homes were sold in Bandera County; 11% of homes were sold within 30 days, 22% of homes were sold within 30 to 90 days, and 67% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 21 Days Ago

Newest Listings in Bandera County, TX

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