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All market snapshots / 78597

South Padre Island, TX 78597 Housing Market

Data snapshot: August 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: 0.37
ActiveActive listings: 4646PendingPending sales: 1717
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): $482k$482kSoldMedian sold price (last 6 months): $500k$500k
What homes actually sell for in South Padre Island, TX
Distribution of 150 closings Resideline tracked directly over the last six months (5th to 95th percentile). Middle half of sales: $325k to $685k
$224k to $384k: 44 sales44sales$224k$384k to $543k: 33 sales$543k to $702k: 33 sales$543k$702k to $862k: 15 sales$862k to $1.02M: 8 sales$862k$1.02M to $1.18M: 1 sales$1.18M to $1.34M: 1 sales$1.18M$1.34M to $1.5M: 0 salesMedian $500k

What the numbers say

As of August 26, 2026, Resideline is tracking 46 active listings and 17 pending sales in ZIP code 78597. That pending-to-active ratio of 0.37 points to a competitive market: a meaningful share of the inventory is already under contract.

The median asking price of current listings is $482,450, while the median of the 150 closings Resideline tracked directly over the last six months was $500,000. 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. The median active listing in 78597 has been on the market for 2 days.

Frequently asked questions

What is the median home price in 78597?

The median closed sale price in South Padre Island, TX 78597 was $500,000 over the last six months, based on 150 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 17 pending sales against 46 active listings in 78597, a pending-to-active ratio of 0.37. Ratios of 0.6 or higher usually indicate a seller's market, 0.35 to 0.6 a competitive market, and lower values a more balanced one. By that yardstick, 78597 currently looks like a competitive market.

Nearby ZIP code market data

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