$24,500
0.34 Acres
Land
Parbatie Galvan, Listing Office: Optima Realty
Is Sabine Pass, TX a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
Since last year, Sabine Pass has remained a Seller's Market.
Key Takeaway
Sabine Pass is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Sabine Pass, TX
How much do homes in Sabine Pass, TX cost?
Median Sold Price
$330,000
$178/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$58,000(+21.3%)
Key Takeaway
Homes in Sabine Pass have sold for 21.3% more than they did a year ago.
Summary: The median home sold price in Sabine Pass was $330,000 in October 2024, up 21.3% from last year, and the median price per square foot was $178.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $130K | - | N/A |
| 2 Bedrooms | - | $195K | N/A |
| 3 Bedrooms | $272K | $353.3K | +29.9% |
| 4 Bedrooms | - | - | N/A |
| 5+ Bedrooms | $1.6M | $350K | -78.4% |
Summary: Sabine Pass housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes increased by 29.9%, 4 bedroom homes did not change, and 5+ bedroom homes decreased by 78.4%.
Median Sold Price Compared To Nearby Cities
| Sabine Pass | $272K | $330K | +21.3% |
| Port Arthur | $121K | $141.2K | +16.7% |
Housing Supply in Sabine Pass, TX
How many homes are available in Sabine Pass, TX?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 3 | 4 | +33.3% |
Summary: The Sabine Pass real estate market had 4 homes for sale in October 2024, a 33.3% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 0 | 0 | 0.0% |
| 3 Bedrooms | 3 | 4 | +33.3% |
| 4 Bedrooms | 0 | 0 | 0.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Sabine Pass housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 33.3%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 0 | 1 | +100.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Sabine Pass, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 1 homes were sold or pending in Sabine Pass in October 2024, up by 100.0% month-over-month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Sabine Pass, TX
How long does it take to sell a home in Sabine Pass, TX?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 15 Days | 10 Days | -33.3% |
Summary: Homes in Sabine Pass had an average of 10 days on market in Oct 2024, down by 33.3% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Sabine Pass are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 1 homes were sold in Sabine Pass; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
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