Is Medina 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, Medina County was a Seller's Market.
Housing Prices in Medina County, TX
How much do homes in Medina County, TX cost?
Median Sold Price
$362,750
$194/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Medina County was $362,750 in April 2024, up 4.2% from last year, and the median price per square foot was $194.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $119.5K | $230K | +92.5% |
2 Bedrooms | $185K | $218.6K | +18.2% |
3 Bedrooms | $342.5K | $306.5K | -10.5% |
4 Bedrooms | $440K | $508K | +15.5% |
5+ Bedrooms | $474K | $585K | +23.4% |
Summary: Medina County housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 92.5%, 2 bedroom homes increased by 18.2%, 3 bedroom homes decreased by 10.5%, 4 bedroom homes increased by 15.5%, and 5+ bedroom homes increased by 23.4%.
Median Sold Price Compared To Nearby Counties
Atascosa County | $275K | $293.5K | +6.7% |
Medina County | $348.1K | $362.7K | +4.2% |
Bandera County | $399.4K | $405K | +1.4% |
Uvalde County | $240K | $229K | -4.6% |
Frio County | $185K | $163.8K | -11.4% |
Housing Supply in Medina County, TX
How many homes are available in Medina County, TX?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
190 | 221 | +16.3% |
Summary: The Medina County real estate market had 221 homes for sale in April 2024, a 16.3% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 5 | 4 | -20.0% |
2 Bedrooms | 16 | 18 | +12.5% |
3 Bedrooms | 94 | 114 | +21.3% |
4 Bedrooms | 63 | 72 | +14.3% |
5+ Bedrooms | 12 | 13 | +8.3% |
Summary: The Medina County housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 20%, 2 bedroom homes increased by 12.5%, 3 bedroom homes increased by 21.3%, 4 bedroom homes increased by 14.3%, and 5+ bedroom homes increased by 8.3%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
20 | 23 | +15.0% |
Asking Price vs. Sold Price
16 Homes Were Sold
Under Asking
7 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 23 homes were sold or pending in Medina County in April 2024, up by 15.0% month-over-month. Of the 23 sold homes, 70% were sold under asking, 30% were sold at asking, and 0% were sold over asking.
Days on Market for Medina County, TX
How long does it take to sell a home in Medina County, TX?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
100 Days | 105 Days | +5.5% |
Summary: Homes in Medina County had an average of 105 days on market in Apr 2024, up by 5.5% compared to last year.
Breakdown of Home Sale Times
5 Homes Were Sold
Under 30 Days
6 Homes Were Sold
In 30 - 90 Days
12 Homes Were Sold
Over 90 Days
Summary: During April 2024, 23 homes were sold in Medina County; 22% of homes were sold within 30 days, 26% of homes were sold within 30 to 90 days, and 52% of homes were sold over 90 days.