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Housing in South Padre Island

287 homes sold in South Padre Island in the last year, at a typical $517K

Most homes sold are condos. 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 South Padre Island homes are listed.

Homes for sale in South Padre IslandZillowRedfinRealtor.comMore places to look ↓
Homes sold
287
October 2025 to September 2026
Typical sale price
$517K
houses $980K · condos $435K (year to May 2026)
Price per square foot
$385
Texas $172
Paid vs. asking
93.2%
1% sold over asking
For sale now
286
September 2026 · 28 sold that month
What sold · last 12 months

Three quarters of South Padre Island’s sales are condos, at $545K less than a house

36 houses and 221 condos sold in the year to May 2026. Condos sell faster.

Houses$980K

typical sale · 36 sold in the year to May 2026

Per square foot
$397TX $173
Days to sell
195
Sold over asking
3%
Listings with a price cut
18%
Condos$435K

typical sale · 221 sold in the year to May 2026

Per square foot
$393TX $226
Days to sell
164
Sold over asking
0%
Listings with a price cut
13%
Fewer sales

Multi-family (2–4 units): 4 sold, typical $1.1M
Townhouses: 30 sold, typical $752K

Too few sales in 12 months for reliable figures.

14 years of sales

About as many homes sell as usual, at 2.3 times the 2016 price

287 sales in the last year, against 599 in 2021 and a low of 170 in 2012. The typical sale went from $227K in 2016 to $517K.

Homes soldTypical sale price
0150300450600$300K$400K$500K$600K2012: 170 sold, typical $264K’122013: 197 sold, typical $233K2014: 246 sold, typical $249K’142015: 260 sold, typical $283K2016: 288 sold, typical $227K’162017: 282 sold, typical $266K2018: 346 sold, typical $263K’182019: 296 sold, typical $240K2020: 480 sold, typical $289K’202021: 599 sold, typical $343K2022: 355 sold, typical $442K’222023: 330 sold, typical $478K2024: 277 sold, typical $461K’242025: 305 sold, typical $487KLast 12 months: 287 sold, typical $517KNow

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 your budget buys

What $500K buys in South Padre Island

Houseat $397 a sq ft, year to May 2026
Condoat $393 a sq ft, year to May 2026
The same money in Texasat $173 a sq ft, year to May 2026

Is this asking price fair?

Check a listing against what South Padre Island 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.

What the sales history says · 14 years of sales

Bidding wars in South Padre Island are back to pre-pandemic levels, and more homes are for sale

We read every month of South Padre Island’s home sales since 2012 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, 287 sales.

If you’re buying in South Padre Island

  • Shop in March. It brings about 35 new listings a month, close to the busiest month, with fewer bidding wars (0% over asking).
  • Offer under asking. Buyers paid 93.2% of the list price on average; 1% paid over.
  • You’ll usually have time. Only 8% of homes go under contract within two weeks; the typical one takes 184 days.
Best time to buy

Spring brings both the most homes and the most bidding wars

March has the most new listings (about 35 a month), but May is the most competitive: 3% of May sales close over asking. January has the least competition (0%) but only about 20 new listings.

New listings a monthShare sold over asking
0102030407%13%20%Sweet spotJan: 20 new listings a month, 0% sold over asking, 161 days to sellJFeb: 17 new listings a month, 1% sold over asking, 158 days to sellFMar: 35 new listings a month, 0% sold over asking, 148 days to sellMApr: 29 new listings a month, 1% sold over asking, 122 days to sellAMay: 29 new listings a month, 3% sold over asking, 122 days to sellMJun: 26 new listings a month, 1% sold over asking, 133 days to sellJJul: 25 new listings a month, 1% sold over asking, 156 days to sellJAug: 24 new listings a month, 2% sold over asking, 184 days to sellASep: 23 new listings a month, 1% sold over asking, 113 days to sellSOct: 23 new listings a month, 1% sold over asking, 199 days to sellONov: 20 new listings a month, 1% sold over asking, 116 days to sellNDec: 15 new listings a month, 0% sold over asking, 201 days to sellD

Averages for each calendar month, 2015 on.

How competitive is it now?

Nearly as heated as 2021, and calmer than Texas

South Padre Island now2017–192021 peakTX now
Sold over askingShare of sales that closed above the list price1%1%3%11%
Gone within two weeksShare of homes under contract within 14 days8%0%1%20%
Price paid vs. askingAverage sale price ÷ list price93.2%93.9%97.5%96.9%
Days to sellMedian days from listing to contract1842059874
Supply

302 homes for sale on a typical day

That’s 29.4 times the 2012 low (10) and 200% more than in 2017–19.

2012: 10 for sale’122013: 13 for sale2014: 58 for sale2015: 50 for sale’152016: 58 for sale2017: 99 for sale2018: 104 for sale’182019: 99 for sale2020: 75 for sale2021: 41 for sale’212022: 121 for sale2023: 182 for sale2024: 273 for sale’242025: 329 for saleLast 12 months: 302 for saleNow
Prices by type

Since 2019, houses are up 113%, condos 119%

A house typically sold for $980K in the year to May 2026 (36 sales), a condo for $435K (221).

$375K$650K$925K$1.2M2013201520172019202120232025NowHouses 2013: $419K, 16 salesHouses 2014: $632K, 38 salesHouses 2015: $425K, 25 salesHouses 2016: $346K, 39 salesHouses 2017: $412K, 46 salesHouses 2018: $457K, 44 salesHouses 2019: $459K, 31 salesHouses 2020: $494K, 64 salesHouses 2021: $649K, 64 salesHouses 2022: $838K, 41 salesHouses 2023: $960K, 43 salesHouses 2024: $924K, 36 salesHouses 2025: $1.1M, 34 salesHouses last 12 months: $980K, 36 salesHouses $980KCondos 2013: $226K, 169 salesCondos 2014: $215K, 189 salesCondos 2015: $242K, 216 salesCondos 2016: $189K, 229 salesCondos 2017: $223K, 213 salesCondos 2018: $205K, 287 salesCondos 2019: $199K, 246 salesCondos 2020: $232K, 362 salesCondos 2021: $304K, 485 salesCondos 2022: $394K, 278 salesCondos 2023: $416K, 265 salesCondos 2024: $395K, 222 salesCondos 2025: $436K, 243 salesCondos last 12 months: $435K, 221 salesCondos $435K

Median sale price, weighted by sales each month. Years with fewer than 4 sales of a type are left out.

Across Texas

South Padre Island ranks 369th of 389 busy Texas markets for bidding wars

Share of sales over asking in the last year, among towns with 60 or more sales. South Padre Island is one of the state’s calmer markets.

Source: Redfin Data Center, city figures, January 2012 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.

Rent or buy?

Owning the typical South Padre Island home costs about $3,222 a month

Mortgage
Property tax
Insurance
Rent

Price: South Padre Island’s typical sale, last 12 months. Property tax at South Padre Island’s 1.2% (median bill ÷ median value, Census ACS); insurance at 0.35% of price a year. Before PMI, HOA dues, upkeep and the tax deduction. Whether South Padre Island is affordable on local pay is on Cost of living.

Before you buy in South Padre Island

Six things worth knowing

35

New listings in March

The month with the most choice. December has the fewest, about 15.

Best time to buy
1.2%

Property tax, a year

Of a home’s value: the median bill over the median home value. On a $517K home, about $6,290 a year.

Taxes vs. neighbors
C−

Schools

The schools grade for South Padre Island, from test results, graduation and how much students grow.

Schools in South Padre Island
13 min

Typical commute

The average one-way trip to work for people who live in South Padre Island.

Work & commute
Flood

Check 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 hazards
Records

Look 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.

Nearby markets · last 12 months

Laguna Vista, Port Isabel, Laureles, Los Fresnos, Brownsville and Rancho Viejo sell for less a square foot

The busier markets within 25 miles of South Padre Island, by what sold. Prices, taxes and how far a paycheck goes next door are on Cost of living.

SoldTypical sale$/sq ftOver askingDays to sell
Brownsville956$256K$1621%63
South Padre Island287$517K$3851%184
Laguna Vista145$370K$2130%120
Los Fresnos70$277K$1690%41
Rancho Viejo50$327K$1410%96
Port Isabel48$360K$2410%162
Laureles20$228K$1680%61

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.

Selling, or renting out?

Post your home to South Padre Island, free

Selling it yourself, renting out an apartment or looking for a roommate? Post it to South Padre Island. People who follow the town see it, and so do people comparing South Padre Island with their own town. No commission, no listing fee.

Questions about buying a home in South Padre Island

What do homes sell for in South Padre Island, TX?

287 homes sold in the year to September 2026 at a typical $517K, $385 a square foot. Houses sold for about $980K, condos for about $435K in the year to May 2026.

Is South Padre Island a buyer’s or seller’s market?

A buyer’s market: 286 homes were for sale in September 2026 and 28 sold, about 10.1 months of supply. Buyers paid 93.2% of asking on average.

When is the best time to buy in South Padre Island?

March brings the most new listings. The sales history shows which months have fewer bidding wars.

How much are property taxes in South Padre Island?

About 1.2% of a home’s value a year. On a $517K home that’s near $6,290.

Where can I see homes for sale in South Padre Island?

Zillow, Redfin, Realtor.com and Homes.com all carry South Padre Island’s MLS listings; the search links above open each one filtered to South Padre Island.

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).