Is Medina County, TX a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Medina County is a buyer's market

Buyer's
Market

Difference Since December 2021

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

Key Takeaway

Medina County is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

How much do homes in Medina County, TX cost?

Median Sold Price

$331,000

$188/sqft

Based on all homes sold in the last 12 months.

Difference Since December 2021

+$37,500(+12.8%)

Key Takeaway

Homes in Medina County have sold for 12.8% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSDec 2021Dec 2022%
1 $165K$112K
-32.1%
2 $167K$185K
+10.8%
3 $274K$325K
+18.6%
4 $465K$459.5K
-1.2%
5+ $416.2K$486.5K
+16.9%

Median Sold Price Compared To Nearby Counties

Medina County
+12.8%
Atascosa County
+10.7%
Bandera County
+10.0%
Uvalde County
+9.1%

How many homes are available in Medina County, TX?

Number of Homes For Sale

Nov 2022Dec 2022%
109108-0.9%

Homes For Sale By Bedroom Count

# BEDSNov 2022Dec 2022%
1 56
+20.0%
2 109
-10.0%
3 6062
+3.3%
4 3026
-13.3%
5+ 45
+25.0%

Number of Homes Sold

Nov 2022Dec 2022%
1015+50.0%

Asking Price vs. Sold Price

9 Homes Were Sold
Under Asking

4 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Medina County, you may be able to get a good deal. 60% of homes here sold below asking price last month.

Average Sale Time

Dec 2021Dec 2022%
67 Days71 Days+6.7%

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

8 Homes Were Sold
In 30 - 90 Days

5 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Medina County has remained consistent over time.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

About Medina County, TX

Homes for sale in Medina County, TX have reached 108. The inventory of homes for sale in Medina County, TX between November 2022 and December 2022 decreased by 0.9%. In December 2022, listings were on the market for 71 days. During the same period, the median list price in this real estate market was $331,000. This housing market listing prices have changed between November 2022 and December 2022: the cost of 1 bedroom properties went down by 32.1%, 2 bedrooms properties prices increased by 10.8%, prices of 3 bedrooms properties increased by 18.6%, the cost of 4 bedrooms properties went down by 1.2%, prices of 5 bedrooms properties increased by 16.9%. This housing market inventory have changed: number of 1 bedroom homes increased by 20%, the quantity of 2 bedrooms homes went down by 10%, the quantity of 3 bedrooms homes went up by 3.3%, 4 bedrooms homes became 13.3% less available, the quantity of 5 bedrooms homes went up by 25%. In December 2022 more than 2 listings in Medina County, TX were sold above the asking price. During the same period more than 4 listings were sold at asking price, while more than 9 were sold below.

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