Is Bulverde, TX a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Bulverde is a neutral's market

Buyer's
Market

Difference Since May 2023

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

Key Takeaway

Bulverde is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in Bulverde, TX

How much do homes in Bulverde, TX cost?

Median Sold Price

$430,375

$189/sqft

Based on all homes sold in the last 12 months.

Difference Since May 2023

-$5,116(-1.2%)

Key Takeaway

Homes in Bulverde have sold for 1.2% less than they did a year ago.

Summary: The median home sold price in Bulverde was $430,375 in May 2024, down 1.2% from last year, and the median price per square foot was $189.

Median Sold Price By Bedroom Count

# BEDSMay 2023May 2024CHANGE
1 --
N/A
2 $437.5K$980K
+124.0%
3 $407.5K$394.9K
-3.1%
4 $439.2K$447K
+1.8%
5+ $469.2K$441.8K
-5.8%

Summary: Bulverde housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 124%, 3 bedroom homes decreased by 3.1%, 4 bedroom homes increased by 1.8%, and 5+ bedroom homes decreased by 5.8%.

Median Sold Price Compared To Nearby Cities

San Antonio North
+1.3%
Bulverde
-1.2%
Spring Branch
-5.2%
Canyon Lake
-5.4%

Housing Supply in Bulverde, TX

How many homes are available in Bulverde, TX?

Number of Homes For Sale

Apr 2024May 2024CHANGE
239248+3.8%

Summary: The Bulverde real estate market had 248 homes for sale in May 2024, a 3.8% increase compared to April 2024.

Homes For Sale By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 00
0.0%
2 22
0.0%
3 8487
+3.6%
4 116117
+0.9%
5+ 3742
+13.5%

Summary: The Bulverde housing inventory by bedroom type for May 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 3.6%, 4 bedroom homes increased by 0.9%, and 5+ bedroom homes increased by 13.5%.

Number of Homes Sold

Apr 2024May 2024CHANGE
3536+2.9%

Asking Price vs. Sold Price

25 Homes Were Sold
Under Asking

7 Homes Were Sold
At Asking

4 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Bulverde, you may be able to get a good deal. 69.4% of homes here sold below asking price last month.

Summary: A total of 36 homes were sold or pending in Bulverde in May 2024, up by 2.9% month-over-month. Of the 36 sold homes, 69% were sold under asking, 19% were sold at asking, and 11% were sold over asking.

Days on Market for Bulverde, TX

How long does it take to sell a home in Bulverde, TX?

Average Sale Time

May 2023May 2024CHANGE
75 Days67 Days-10.3%

Summary: Homes in Bulverde had an average of 67 days on market in May 2024, down by 10.3% compared to last year.

Breakdown of Home Sale Times

13 Homes Were Sold
Under 30 Days

15 Homes Were Sold
In 30 - 90 Days

8 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Bulverde has remained consistent over time.

Summary: During May 2024, 36 homes were sold in Bulverde; 36% of homes were sold within 30 days, 42% of homes were sold within 30 to 90 days, and 22% 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 1 Day Ago

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