30 homes sold in Pelican Bay in the last year, at a typical $194K
Almost every sale is a house. Below: what each kind of home sells for, what your budget buys, the best months to buy, how hard you’ll have to bid, and a shortcut to every site where Pelican Bay homes are listed.
Every place Pelican Bay homes are listed, in one stop
We don’t copy listings: the agents’ sites have the photos and the latest price changes. Set what you want once and we open each site already filtered to Pelican Bay.
For sale
Rent
New, land & open houses
Links open the listing sites; TownRatings isn’t paid for them and doesn’t rank one above another. Rentals and government-owned homes come from sources outside the MLS.
Houses are 100% of Pelican Bay’s sales, at a typical $203K (year to May 2026)
30 homes sold in the year to September 2026.
typical sale · 25 sold in the year to May 2026
- Per square foot
- $160TX $173
- Days to sell
- 53
- Sold over asking
- 24%
- Listings with a price cut
- 27%
About as many homes sell as usual, at 1.5 times the 2018 price
30 sales in the last year, against 56 in 2021 and a low of 18 in 2024. The typical sale went from $128K in 2018 to $194K.
Source: Redfin Data Center, MLS sales; from June 2026 each month is a 3-month rolling window, its counts divided by 3. Typical price and $/sq ft are the monthly medians, weighted by sales. Redfin stopped publishing towns’ figures by property type after May 2026, so houses and condos are shown for the year to then.
What $200K buys in Pelican Bay
Check a listing against what Pelican Bay homes sold for
Against the town’s median price per square foot over the last 12 months. A rough check: condition, lot and location within town move a price more than this can see.
Bidding wars in Pelican Bay are back to pre-pandemic levels, and more homes are for sale
We read every month of Pelican Bay’s home sales since 2018 so you don’t have to. Each figure covers 12 months, because a single month in a town is too few sales to mean much. Latest: the year to September 2026, 30 sales.
If you’re buying in Pelican Bay
- Shop in January. It brings about 5 new listings a month, close to the busiest month, with fewer bidding wars (16% over asking).
- Bid near asking. Buyers paid 98.7% of the list price on average; 18% paid over.
- You’ll usually have time. Only 10% of homes go under contract within two weeks; the typical one takes 64 days.
Spring brings the homes; winter brings the bidding wars
March has the most new listings (about 5 a month), but February is the most competitive: 54% of February sales close over asking. January offers nearly as much choice with fewer homes bid up (16%). January has the least competition (16%).
Averages for each calendar month, 2015 on.
Calmer than the 2021 frenzy, and hotter than Texas
| Pelican Bay now | 2017–19 | 2021 peak | TX now | |
|---|---|---|---|---|
| Sold over askingShare of sales that closed above the list price | 18% | 17% | 29% | 11% |
| Gone within two weeksShare of homes under contract within 14 days | 10% | 23% | 51% | 20% |
| Price paid vs. askingAverage sale price ÷ list price | 98.7% | 96.2% | 99.6% | 96.9% |
| Days to sellMedian days from listing to contract | 64 | 57 | 30 | 74 |
17 homes for sale on a typical day
That’s 5.9 times the 2022 low (3) and 60% more than in 2017–19.
Source: Redfin Data Center, city figures, January 2018 to September 2026 (MLS sales, not seasonally adjusted; from June 2026 each month is a 3-month rolling window, its counts divided by 3). Ratios are weighted by homes sold; price cuts by homes for sale.
Owning the typical Pelican Bay home costs about $1,153 a month
Price: Pelican Bay’s typical sale, last 12 months. Property tax at Pelican Bay’s 0.9% (median bill ÷ median value, Census ACS); insurance at 0.35% of price a year. Before PMI, HOA dues, upkeep and the tax deduction. Whether Pelican Bay is affordable on local pay is on Cost of living.
Six things worth knowing
New listings in March
The month with the most choice. December has the fewest, about 2.
Best time to buyProperty tax, a year
Of a home’s value: the median bill over the median home value. On a $194K home, about $1,700 a year.
Taxes vs. neighborsSchools
The schools grade for Pelican Bay, from test results, graduation and how much students grow.
Schools in Pelican BayTypical commute
The average one-way trip to work for people who live in Pelican Bay.
Work & commuteCheck the flood map
Flood insurance isn’t in a standard policy, and lenders require it in FEMA flood zones. Check the address before you make an offer.
Natural hazardsLook up any property
Assessed value, lot size and every past sale of a home you’re eyeing are public, at the town or county assessor and the registry of deeds.
No busy market nearby sells for less a square foot; Pecan Acres and Briar for far more
The busier markets within 25 miles of Pelican Bay, by what sold. Prices, taxes and how far a paycheck goes next door are on Cost of living.
| Sold | Typical sale | $/sq ft | Over asking | Days to sell | |
|---|---|---|---|---|---|
| Azle | 324 | $309K | $175 | 14% | 67 |
| Saginaw | 274 | $311K | $165 | 21% | 42 |
| Briar | 117 | $517K | $222 | 15% | 82 |
| Pecan Acres | 88 | $705K | $223 | 10% | 94 |
| Lake Worth | 56 | $234K | $168 | 14% | 57 |
| Lakeside | 31 | $352K | $178 | 14% | 45 |
| Pelican Bay | 30 | $194K | $162 | 18% | 64 |
Redfin Data Center, October 2025 to September 2026. Towns with fewer than 20 sales are left out, and Redfin doesn’t report every town separately.
Post your home to Pelican Bay, free
Selling it yourself, renting out an apartment or looking for a roommate? Post it to Pelican Bay. People who follow the town see it, and so do people comparing Pelican Bay with their own town. No commission, no listing fee.
Questions about buying a home in Pelican Bay
What do homes sell for in Pelican Bay, TX?
30 homes sold in the year to September 2026 at a typical $194K, $162 a square foot.
Is Pelican Bay a buyer’s or seller’s market?
A buyer’s market: 15 homes were for sale in September 2026 and 1 sold, about 8.8 months of supply. Buyers paid 98.7% of asking on average.
When is the best time to buy in Pelican Bay?
March brings the most new listings. The sales history shows which months have fewer bidding wars.
How much are property taxes in Pelican Bay?
About 0.9% of a home’s value a year. On a $194K home that’s near $1,700.
Where can I see homes for sale in Pelican Bay?
Zillow, Redfin, Realtor.com and Homes.com all carry Pelican Bay’s MLS listings; the search links above open each one filtered to Pelican Bay.
Sales, prices, days on market and listings: Redfin Data Center (MLS, monthly, not seasonally adjusted; from June 2026 each month is a 3-month rolling window, its counts divided by 3). Property tax rate: Census American Community Survey. Two-bedroom rent: HUD Fair Market Rent. Typical home value: Zillow Home Value Index. Schools grade: TownRatings (how grades work).