$3,444 Closing Credit*
$289,990
1,688 SqFt
3 Beds
•2 Full Baths
Jennifer Gannoe, Listing Office: JR Realty
Housing Prices in Pelican Bay, TX
How much do homes in Pelican Bay, TX cost?
Median List Price
$295,000
$177/sqft
Based on all homes listed in the last 12 months.
Difference Since August 2023
+$26,501(+9.9%)
Key Takeaway
The list price of homes in Pelican Bay has increased by 9.9% since last year.
Summary: The median home list price in Pelican Bay was $295,000 in August 2024, up 9.9% from the previous year, and the median price per square foot was $177.
Median List Price By Bedroom Count
| # BEDS# BEDROOMS | Aug 2023 | Aug 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $139K | $145K | +4.3% |
| 2 Bedrooms | - | $219.9K | N/A |
| 3 Bedrooms | $264.9K | $275K | +3.8% |
| 4 Bedrooms | $296.4K | $339.5K | +14.5% |
| 5+ Bedrooms | - | - | N/A |
Summary: Pelican Bay housing prices by bedroom type for August 2024 compared to the previous year: The home price of 1 bedroom homes increased by 4.3%, 2 bedroom homes did not change, 3 bedroom homes increased by 3.8%, 4 bedroom homes increased by 14.5%, and 5+ bedroom homes did not change.
Median List Price Compared To Nearby Cities
| Pelican Bay | $268.4K | $295K | +9.9% |
| Azle | $339.9K | $369.3K | +8.7% |
Housing Supply in Pelican Bay, TX
How many homes are available in Pelican Bay, TX?
Number of Homes For Sale
| Jul 2024 | Aug 2024 | CHANGE |
|---|---|---|
| 12 | 13 | +8.3% |
Summary: The Pelican Bay real estate market had 13 homes for sale in August 2024, a 8.3% increase compared to July 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Jul 2024 | Aug 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 2 | 2 | 0.0% |
| 3 Bedrooms | 5 | 7 | +40.0% |
| 4 Bedrooms | 5 | 4 | -20.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Pelican Bay housing inventory by bedroom type for August 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 40%, 4 bedroom homes decreased by 20%, and 5+ bedroom homes remained the same.
Days on Market for Pelican Bay, TX
How long does it take to sell a home in Pelican Bay, TX?
Average Listing Age
| Aug 2023 | Aug 2024 | CHANGE |
|---|---|---|
| 93 Days | 71 Days | -23.2% |
Summary: Homes in Pelican Bay had an average listing age of 71 days in Aug 2024, down by 23.2% compared to the previous year.
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