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All market snapshots / 78597

South Padre Island, TX 78597 Housing Market

Data snapshot: October 26, 2026. Closed-sale window: last 6 months.
Texas is a non-disclosure state: sale prices are not part of the public record. Sold figures on this page reflect closings Resideline tracked directly, and should be read as a sample rather than a count of all closings.
South Padre Island, TX inventory balance
Homes for sale vs homes under contract. Pending-to-active ratio: 0.04
ActiveActive listings: 132132PendingPending sales: 55
South Padre Island, TX: what sellers ask vs what buyers pay
Median asking price of current listings vs median closed sale price over the last six months
AskingMedian asking price (current listings): $488k$488kSoldMedian sold price (last 6 months): $500k$500k
What homes actually sell for in South Padre Island, TX
Distribution of 163 closings Resideline tracked directly over the last six months (5th to 95th percentile). Middle half of sales: $325k to $685k
$224k to $384k: 45 sales45sales$224k$384k to $543k: 37 sales$543k to $702k: 37 sales$543k$702k to $862k: 16 sales$862k to $1.02M: 7 sales$862k$1.02M to $1.18M: 2 sales$1.18M to $1.34M: 1 sales$1.18M$1.34M to $1.5M: 0 salesMedian $500k

What the numbers say

As of October 26, 2026, Resideline is tracking 132 active listings and 5 pending sales in ZIP code 78597. That pending-to-active ratio of 0.04 makes it a slower-moving market: listings are going under contract more slowly than in most ZIP codes Resideline tracks, which usually gives buyers more room to negotiate.

The median asking price of current listings is $487,500, while the median of the 163 closings Resideline tracked directly over the last six months was $499,900. Those two figures describe different sets of homes, so any gap between them reflects the mix of what is listed now versus what recently sold, not a negotiating discount. Resideline has been seeing the median active listing in 78597 for 143 days.

Frequently asked questions

What is the median home price in 78597?

The median closed sale price in South Padre Island, TX 78597 was $499,900 over the last six months, based on 163 closings Resideline tracked directly. Texas is a non-disclosure state, so this is a tracked sample rather than all recorded closings. The middle half of those sales ranged from $325,000 to $685,000.

Is 78597 a buyer's or seller's market?

Resideline is currently tracking 5 pending sales against 132 active listings in 78597, a pending-to-active ratio of 0.04. Resideline tracks a sample of pending sales, so the ratio is most useful as a comparison: across the 3,777 ZIP codes Resideline tracks, the middle half run from 0.05 to 0.11. A higher ratio means listings go under contract faster, which usually favors sellers; a lower one gives buyers more room. By that comparison, 78597 is currently a slower-moving market.

Nearby ZIP code market data

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