Is Medina County, 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, Medina County was a Seller's Market.
Housing Prices in Medina County, TX
How much do homes in Medina County, TX cost?
Median Sold Price
$360,000
$193/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Medina County was $360,000 in March 2024, up 4.3% from last year, and the median price per square foot was $193.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $112K | $230K | +105.4% |
2 Bedrooms | $185K | $217K | +17.3% |
3 Bedrooms | $350K | $300K | -14.3% |
4 Bedrooms | $430K | $516.5K | +20.1% |
5+ Bedrooms | $474K | $587.5K | +23.9% |
Summary: Medina County housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 105.4%, 2 bedroom homes increased by 17.3%, 3 bedroom homes decreased by 14.3%, 4 bedroom homes increased by 20.1%, and 5+ bedroom homes increased by 23.9%.
Median Sold Price Compared To Nearby Counties
Atascosa County | $277.5K | $290.7K | +4.8% |
Medina County | $345K | $360K | +4.3% |
Bandera County | $399K | $406K | +1.8% |
Uvalde County | $240K | $229.3K | -4.5% |
Housing Supply in Medina County, TX
How many homes are available in Medina County, TX?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
176 | 200 | +13.6% |
Summary: The Medina County real estate market had 200 homes for sale in March 2024, a 13.6% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 5 | 5 | 0.0% |
2 Bedrooms | 16 | 18 | +12.5% |
3 Bedrooms | 90 | 101 | +12.2% |
4 Bedrooms | 54 | 63 | +16.7% |
5+ Bedrooms | 11 | 13 | +18.2% |
Summary: The Medina County 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 increased by 12.5%, 3 bedroom homes increased by 12.2%, 4 bedroom homes increased by 16.7%, and 5+ bedroom homes increased by 18.2%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
17 | 21 | +23.5% |
Asking Price vs. Sold Price
12 Homes Were Sold
Under Asking
6 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Summary: A total of 21 homes were sold or pending in Medina County in March 2024, up by 23.5% month-over-month. Of the 21 sold homes, 57% were sold under asking, 29% were sold at asking, and 14% were sold over asking.
Days on Market for Medina County, TX
How long does it take to sell a home in Medina County, TX?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
123 Days | 115 Days | -6.3% |
Summary: Homes in Medina County had an average of 115 days on market in Mar 2024, down by 6.3% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
6 Homes Were Sold
In 30 - 90 Days
13 Homes Were Sold
Over 90 Days
Summary: During March 2024, 21 homes were sold in Medina County; 10% of homes were sold within 30 days, 29% of homes were sold within 30 to 90 days, and 62% of homes were sold over 90 days.