Is Bolivar Peninsula, TX a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
At the same time last year, Bolivar Peninsula was a Seller's Market.
Key Takeaway
Bolivar Peninsula is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Bolivar Peninsula, TX
How much do homes in Bolivar Peninsula, TX cost?
Median Sold Price
$485,000
$348/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in Bolivar Peninsula have sold for 11% less than they did a year ago.
Summary: The median home sold price in Bolivar Peninsula was $485,000 in March 2024, down 11% from last year, and the median price per square foot was $348.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $285K | $320K | +12.3% |
| 2 Bedrooms | $375K | $345K | -8.0% |
| 3 Bedrooms | $549K | $476K | -13.3% |
| 4 Bedrooms | $860K | $667.5K | -22.4% |
| 5+ Bedrooms | $1.0M | $850K | -19.0% |
Summary: Bolivar Peninsula housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 12.3%, 2 bedroom homes decreased by 8%, 3 bedroom homes decreased by 13.3%, 4 bedroom homes decreased by 22.4%, and 5+ bedroom homes decreased by 19%.
Median Sold Price Compared To Nearby Cities
| Texas City | $238.6K | $248K | +3.9% |
| Gilchrist | $430K | $437K | +1.6% |
| Port Bolivar | $550K | $506.7K | -7.9% |
| Bolivar Peninsula | $545K | $485K | -11.0% |
Housing Supply in Bolivar Peninsula, TX
How many homes are available in Bolivar Peninsula, TX?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 259 | 333 | +28.6% |
Summary: The Bolivar Peninsula real estate market had 333 homes for sale in March 2024, a 28.6% increase compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 7 | 8 | +14.3% |
| 2 Bedrooms | 34 | 52 | +52.9% |
| 3 Bedrooms | 139 | 176 | +26.6% |
| 4 Bedrooms | 63 | 78 | +23.8% |
| 5+ Bedrooms | 16 | 19 | +18.8% |
Summary: The Bolivar Peninsula housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 14.3%, 2 bedroom homes increased by 52.9%, 3 bedroom homes increased by 26.6%, 4 bedroom homes increased by 23.8%, and 5+ bedroom homes increased by 18.8%.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 7 | 22 | +214.3% |
Asking Price vs. Sold Price
16 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
5 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Bolivar Peninsula, you may be able to get a good deal. 72.7% of homes here sold below asking price last month.
Summary: A total of 22 homes were sold or pending in Bolivar Peninsula in March 2024, up by 214.3% month-over-month. Of the 22 sold homes, 73% were sold under asking, 5% were sold at asking, and 23% were sold over asking.
Days on Market for Bolivar Peninsula, TX
How long does it take to sell a home in Bolivar Peninsula, TX?
Average Sale Time
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 60 Days | 92 Days | +53.1% |
Summary: Homes in Bolivar Peninsula had an average of 92 days on market in Mar 2024, up by 53.1% compared to last year.
Breakdown of Home Sale Times
9 Homes Were Sold
Under 30 Days
6 Homes Were Sold
In 30 - 90 Days
7 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Bolivar Peninsula are selling fast, if you're buying plan to act quickly.
Summary: During March 2024, 22 homes were sold in Bolivar Peninsula; 41% of homes were sold within 30 days, 27% of homes were sold within 30 to 90 days, and 32% of homes were sold over 90 days.
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Based on information from the Austin Board of REALTORS® (alternatively, from ACTRIS or Unlock MLS®). All information provided is deemed reliable but is not guaranteed and should be independently verified. The Austin Board of REALTORS®, ACTRIS, Unlock MLS and their affiliates provide the MLS and all content therein “AS IS” and without any warranty, express or implied. The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data maintained by the Board, ACTRIS or Unlock MLS may not reflect all real estate activity in the market. Prices displayed on all Sold listings are the Last Known Listing Price and may not be the actual selling price. 
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