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 seller's market

Buyer's
Market

Difference Since December 2020

Since last year, Medina County has remained a Seller's Market.

Key Takeaway

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

How much do homes in Medina County, TX cost?

Median Sold Price

$293,500

$162/sqft

Based on all homes sold in the last 12 months.

Difference Since December 2020

-$5,500(-1.8%)

Key Takeaway

Homes in Medina County have sold for 1.8% less than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSDec 2020Dec 2021%
1 $324.9K$165K
-49.2%
2 $139K$182.1K
+31.0%
3 $242.5K$272.5K
+12.4%
4 $369.5K$452.5K
+22.5%
5+ $475K$415K
-12.6%

Median Sold Price Compared To Nearby Counties

Bandera County
+24.8%
Atascosa County
+5.7%
Medina County
-1.8%

How many homes are available in Medina County, TX?

Number of Homes For Sale

Nov 2021Dec 2021%
8792+5.7%

Homes For Sale By Bedroom Count

# BEDSNov 2021Dec 2021%
1 54
-20.0%
2 1314
+7.7%
3 5051
+2.0%
4 1417
+21.4%
5+ 56
+20.0%

Number of Homes Sold

Nov 2021Dec 2021%
2221-4.5%

Asking Price vs. Sold Price

6 Homes Were Sold
Under Asking

5 Homes Were Sold
At Asking

10 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Medina County, you could pay more than the asking price. 47.6% of homes here sold above asking price last month.

Average Sale Time

Dec 2020Dec 2021%
71 Days73 Days+2.8%

Breakdown of Home Sale Times

8 Homes Were Sold
Under 30 Days

7 Homes Were Sold
In 30 - 90 Days

6 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Medina County are selling fast, if you're buying plan to act quickly.

About Medina County, TX

There are 92 homes are for sale in Medina County, TX real estate market. The inventory of homes for sale in Medina County, TX between November 2021 and December 2021 increased by 5.7%. In December 2021, listings were on the market for 73 days. During the same period, the median list price in this real estate market was $293,500. Between November 2021 and December 2021, listing prices of homes in this real estate market have seen the following changes: the cost of 1 bedroom properties went down by 49.2%, 2 bedrooms properties prices increased by 31%, 3 bedrooms properties prices increased by 12.4%, 4 bedrooms properties became 22.5% more expensive, prices of 5 bedrooms properties went down by 12.6%. The following changes in the number of homes for sale were observed in this housing market: 1 bedroom homes inventory decreased by 20%, 2 bedrooms homes inventory increased by 7.7%, number of 3 bedrooms homes increased by 2%, volume of 4 bedrooms homes went up by 21.4%, volume of 5 bedrooms homes went up by 20%. In December 2021 more than 10 listings in Medina County, TX were sold above the asking price. During the same period more than 5 listings were sold at asking price, while more than 6 were sold below.

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