Is Bandera County, TX a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
At the same time last year, Bandera County was a Neutral Market.
Housing Prices in Bandera County, TX
How much do homes in Bandera County, TX cost?
Median Sold Price
$405,000
$216/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Bandera County was $405,000 in April 2024, up 1.4% from last year, and the median price per square foot was $216.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $270.5K | $160K | -40.9% |
2 Bedrooms | $285K | $272K | -4.6% |
3 Bedrooms | $425K | $410K | -3.5% |
4 Bedrooms | $552.4K | $487K | -11.8% |
5+ Bedrooms | $724.5K | $699.9K | -3.4% |
Summary: Bandera County housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 40.9%, 2 bedroom homes decreased by 4.6%, 3 bedroom homes decreased by 3.5%, 4 bedroom homes decreased by 11.8%, and 5+ bedroom homes decreased by 3.4%.
Median Sold Price Compared To Nearby Counties
Medina County | $348.1K | $362.7K | +4.2% |
Bandera County | $399.4K | $405K | +1.4% |
Kendall County | $584.3K | $584.1K | 0% |
Bexar County | $299.9K | $294.5K | -1.8% |
Kerr County | $432K | $401.2K | -7.1% |
Housing Supply in Bandera County, TX
How many homes are available in Bandera County, TX?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
157 | 177 | +12.7% |
Summary: The Bandera County real estate market had 177 homes for sale in April 2024, a 12.7% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 14 | 17 | +21.4% |
2 Bedrooms | 35 | 37 | +5.7% |
3 Bedrooms | 68 | 80 | +17.6% |
4 Bedrooms | 33 | 35 | +6.1% |
5+ Bedrooms | 7 | 8 | +14.3% |
Summary: The Bandera County housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 21.4%, 2 bedroom homes increased by 5.7%, 3 bedroom homes increased by 17.6%, 4 bedroom homes increased by 6.1%, and 5+ bedroom homes increased by 14.3%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
10 | 15 | +50.0% |
Asking Price vs. Sold Price
10 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 15 homes were sold or pending in Bandera County in April 2024, up by 50.0% month-over-month. Of the 15 sold homes, 67% were sold under asking, 27% were sold at asking, and 7% were sold over asking.
Days on Market for Bandera County, TX
How long does it take to sell a home in Bandera County, TX?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
131 Days | 150 Days | +14.9% |
Summary: Homes in Bandera County had an average of 150 days on market in Apr 2024, up by 14.9% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
6 Homes Were Sold
In 30 - 90 Days
8 Homes Were Sold
Over 90 Days
Summary: During April 2024, 15 homes were sold in Bandera County; 7% of homes were sold within 30 days, 40% of homes were sold within 30 to 90 days, and 53% of homes were sold over 90 days.