$47,500
0.32 Acres
Land
Cherri Evans-Williams, Listing Office: Southeast Texas 1st Realty
Is Port Bolivar, TX a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
At the same time last year, Port Bolivar was a Neutral Market.
Key Takeaway
Port Bolivar is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Port Bolivar, TX
How much do homes in Port Bolivar, TX cost?
Median Sold Price
$468,500
$327/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
-$51,500(-9.9%)
Key Takeaway
Homes in Port Bolivar have sold for 9.9% less than they did a year ago.
Summary: The median home sold price in Port Bolivar was $468,500 in October 2024, down 9.9% from last year, and the median price per square foot was $327.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $328.5K | $185K | -43.7% |
| 2 Bedrooms | $353K | $310K | -12.2% |
| 3 Bedrooms | $515K | $450K | -12.6% |
| 4 Bedrooms | $679.5K | $621K | -8.6% |
| 5+ Bedrooms | $1.0M | $873.7K | -16.8% |
Summary: Port Bolivar housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 43.7%, 2 bedroom homes decreased by 12.2%, 3 bedroom homes decreased by 12.6%, 4 bedroom homes decreased by 8.6%, and 5+ bedroom homes decreased by 16.8%.
Median Sold Price Compared To Nearby Cities
| Gilchrist | $344.5K | $462.5K | +34.3% |
| Bolivar Peninsula | $510K | $464.7K | -8.9% |
| Port Bolivar | $520K | $468.5K | -9.9% |
Housing Supply in Port Bolivar, TX
How many homes are available in Port Bolivar, TX?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 289 | 315 | +9.0% |
Summary: The Port Bolivar real estate market had 315 homes for sale in October 2024, a 9.0% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 11 | 12 | +9.1% |
| 2 Bedrooms | 38 | 46 | +21.1% |
| 3 Bedrooms | 161 | 173 | +7.5% |
| 4 Bedrooms | 66 | 68 | +3.0% |
| 5+ Bedrooms | 13 | 16 | +23.1% |
Summary: The Port Bolivar housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 9.1%, 2 bedroom homes increased by 21.1%, 3 bedroom homes increased by 7.5%, 4 bedroom homes increased by 3%, and 5+ bedroom homes increased by 23.1%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 20 | 15 | -25.0% |
Asking Price vs. Sold Price
14 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Port Bolivar, you may be able to get a good deal. 93.3% of homes here sold below asking price last month.
Summary: A total of 15 homes were sold or pending in Port Bolivar in October 2024, down by 25.0% month-over-month. Of the 15 sold homes, 93% were sold under asking, 7% were sold at asking, and 0% were sold over asking.
Days on Market for Port Bolivar, TX
How long does it take to sell a home in Port Bolivar, TX?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 80 Days | 120 Days | +49.7% |
Summary: Homes in Port Bolivar had an average of 120 days on market in Oct 2024, up by 49.7% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
6 Homes Were Sold
In 30 - 90 Days
7 Homes Were Sold
Over 90 Days
Key Takeaway
Most homes in Port Bolivar are taking a long time to sell, it's a good idea to negotiate on homes here.
Summary: During October 2024, 15 homes were sold in Port Bolivar; 13% of homes were sold within 30 days, 40% of homes were sold within 30 to 90 days, and 47% of homes were sold over 90 days.
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