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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Bulverde is a seller's market

Buyer's
Market

Difference Since March 2023

At the same time last year, Bulverde was a Neutral Market.

Key Takeaway

Bulverde is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Bulverde, TX

How much do homes in Bulverde, TX cost?

Median Sold Price

$434,987

$192/sqft

Based on all homes sold in the last 12 months.

Difference Since March 2023

+$1,920(+0.4%)

Key Takeaway

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

Summary: The median home sold price in Bulverde was $434,987 in March 2024, up 0.4% from last year, and the median price per square foot was $192.

Median Sold Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 --
N/A
2 $410K$980K
+139.0%
3 $453.9K$403.9K
-11.0%
4 $414.4K$445.6K
+7.5%
5+ $436.2K$448.9K
+2.9%

Summary: Bulverde housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 139%, 3 bedroom homes decreased by 11%, 4 bedroom homes increased by 7.5%, and 5+ bedroom homes increased by 2.9%.

Median Sold Price Compared To Nearby Cities

San Antonio North
+1.2%
Bulverde
0.4%
Spring Branch
0.2%
Canyon Lake
-11.0%

Housing Supply in Bulverde, TX

How many homes are available in Bulverde, TX?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
231233+0.9%

Summary: The Bulverde real estate market had 233 homes for sale in March 2024, a 0.9% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 00
0.0%
2 21
-50.0%
3 7780
+3.9%
4 121117
-3.3%
5+ 3135
+12.9%

Summary: The Bulverde housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 50%, 3 bedroom homes increased by 3.9%, 4 bedroom homes decreased by 3.3%, and 5+ bedroom homes increased by 12.9%.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
40400.0%

Asking Price vs. Sold Price

20 Homes Were Sold
Under Asking

14 Homes Were Sold
At Asking

6 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. 50% of homes here sold below asking price last month.

Summary: A total of 40 homes were sold or pending in Bulverde in March 2024, the same as the previous month. Of the 40 sold homes, 50% were sold under asking, 35% were sold at asking, and 15% 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

Mar 2023Mar 2024CHANGE
61 Days102 Days+67.5%

Summary: Homes in Bulverde had an average of 102 days on market in Mar 2024, up by 67.5% compared to last year.

Breakdown of Home Sale Times

7 Homes Were Sold
Under 30 Days

13 Homes Were Sold
In 30 - 90 Days

20 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During March 2024, 40 homes were sold in Bulverde; 18% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 50% 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 26 Days Ago

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