Is Port Bolivar, 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, Port Bolivar was a Seller's Market.
Housing Prices in Port Bolivar, TX
How much do homes in Port Bolivar, TX cost?
Median Sold Price
$506,700
$347/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Port Bolivar was $506,700 in March 2024, down 7.9% from last year, and the median price per square foot was $347.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $319.5K | $347.4K | +8.7% |
2 Bedrooms | $401.2K | $345K | -14.0% |
3 Bedrooms | $549K | $485K | -11.7% |
4 Bedrooms | $829.5K | $667.5K | -19.5% |
5+ Bedrooms | $1.1M | $835K | -30.1% |
Summary: Port Bolivar housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 8.7%, 2 bedroom homes decreased by 14%, 3 bedroom homes decreased by 11.7%, 4 bedroom homes decreased by 19.5%, and 5+ bedroom homes decreased by 30.1%.
Median Sold Price Compared To Nearby Cities
Gilchrist | $430K | $437K | +1.6% |
Port Bolivar | $550K | $506.7K | -7.9% |
Bolivar Peninsula | $545K | $485K | -11.0% |
Housing Supply in Port Bolivar, TX
How many homes are available in Port Bolivar, TX?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
234 | 299 | +27.8% |
Summary: The Port Bolivar real estate market had 299 homes for sale in March 2024, a 27.8% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 6 | 7 | +16.7% |
2 Bedrooms | 28 | 44 | +57.1% |
3 Bedrooms | 126 | 160 | +27.0% |
4 Bedrooms | 59 | 73 | +23.7% |
5+ Bedrooms | 15 | 15 | 0.0% |
Summary: The Port Bolivar housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 16.7%, 2 bedroom homes increased by 57.1%, 3 bedroom homes increased by 27%, 4 bedroom homes increased by 23.7%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
5 | 20 | +300.0% |
Asking Price vs. Sold Price
14 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
5 Homes Were Sold
Over Asking
Summary: A total of 20 homes were sold or pending in Port Bolivar in March 2024, up by 300.0% month-over-month. Of the 20 sold homes, 70% were sold under asking, 5% were sold at asking, and 25% were sold over asking.
Days on Market for Port Bolivar, TX
How long does it take to sell a home in Port Bolivar, TX?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
68 Days | 91 Days | +33.3% |
Summary: Homes in Port Bolivar had an average of 91 days on market in Mar 2024, up by 33.3% compared to last year.
Breakdown of Home Sale Times
8 Homes Were Sold
Under 30 Days
6 Homes Were Sold
In 30 - 90 Days
6 Homes Were Sold
Over 90 Days
Summary: During March 2024, 20 homes were sold in Port Bolivar; 40% of homes were sold within 30 days, 30% of homes were sold within 30 to 90 days, and 30% of homes were sold over 90 days.