Is Medina County, TX a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since June 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
$357,450
$195/sqft
Based on all homes sold in the last 12 months.
Difference Since June 2023
Summary: The median home sold price in Medina County was $357,450 in June 2024, down 5.1% from last year, and the median price per square foot was $195.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Jun 2023 | Jun 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $119.5K | $197.5K | +65.3% |
2 Bedrooms | $165K | $222.1K | +34.6% |
3 Bedrooms | $347.5K | $315K | -9.4% |
4 Bedrooms | $506K | $485K | -4.2% |
5+ Bedrooms | $665K | $542K | -18.5% |
Summary: Medina County housing prices by bedroom type for June 2024 compared to the previous year: The home price of 1 bedroom homes increased by 65.3%, 2 bedroom homes increased by 34.6%, 3 bedroom homes decreased by 9.4%, 4 bedroom homes decreased by 4.2%, and 5+ bedroom homes decreased by 18.5%.
Median Sold Price Compared To Nearby Counties
Bandera County | $395K | $410K | +3.8% |
Atascosa County | $287K | $277.2K | -3.4% |
Medina County | $376.5K | $357.4K | -5.1% |
Uvalde County | $242K | $225K | -7.0% |
Housing Supply in Medina County, TX
How many homes are available in Medina County, TX?
Number of Homes For Sale
May 2024 | Jun 2024 | CHANGE |
---|---|---|
226 | 251 | +11.1% |
Summary: The Medina County real estate market had 251 homes for sale in June 2024, a 11.1% increase compared to May 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | May 2024 | Jun 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 5 | 4 | -20.0% |
2 Bedrooms | 19 | 20 | +5.3% |
3 Bedrooms | 117 | 126 | +7.7% |
4 Bedrooms | 70 | 80 | +14.3% |
5+ Bedrooms | 15 | 21 | +40.0% |
Summary: The Medina County housing inventory by bedroom type for June 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 20%, 2 bedroom homes increased by 5.3%, 3 bedroom homes increased by 7.7%, 4 bedroom homes increased by 14.3%, and 5+ bedroom homes increased by 40%.
Number of Homes Sold
May 2024 | Jun 2024 | CHANGE |
---|---|---|
24 | 23 | -4.2% |
Asking Price vs. Sold Price
16 Homes Were Sold
Under Asking
5 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Summary: A total of 23 homes were sold or pending in Medina County in June 2024, down by 4.2% month-over-month. Of the 23 sold homes, 70% were sold under asking, 22% were sold at asking, and 9% 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
Jun 2023 | Jun 2024 | CHANGE |
---|---|---|
79 Days | 117 Days | +47.9% |
Summary: Homes in Medina County had an average of 117 days on market in Jun 2024, up by 47.9% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
9 Homes Were Sold
In 30 - 90 Days
11 Homes Were Sold
Over 90 Days
Summary: During June 2024, 23 homes were sold in Medina County; 13% of homes were sold within 30 days, 39% of homes were sold within 30 to 90 days, and 48% of homes were sold over 90 days.