Housing in Pelican Bay, TX

Home values, rent, ownership rates, and housing market data

Housing Market Snapshot

Source: Redfin — January 2026

Median Sale Price

$182,000

Median List Price

$234,500

Price Per Sq Ft

$168

Days on Market

134

Active Inventory

11

Months of Supply

11.0

Buyer's market

Price Trends

Source: Redfin
Sale Price 42.9%List Price 47.1%Mar 24Jan 26

Market Competitiveness

Source: Redfin

Sold Above List

0.0%

Off Market in 2 Weeks

0.0%

Sale-to-List Ratio

88.8%

Buyer's market

Sold Above Asking
0.0%
Under Contract in 2 Wks
0.0%
Listings with Price Drops
27.3%

Market Activity

Source: Redfin

Homes Sold

1

New Listings

6

Pending Sales

1

Homes Sold 0.0%New Listings 50.0%Pending 50.0%Mar 24Jan 26

Price Per Square Foot

Source: Redfin

Median Sale $/SF

$168

Median List $/SF

$193

Sale $/SF 36.1%List $/SF 45.1%Mar 24Jan 26

Pelican Bay vs Similar Cities

Source: Census ACS / Redfin (2023)

Compared to cities with under 10,000 residents. Pelican Bay is highlighted.

Median Home Value

Median Rent

Median Price Per Sq Ft

Rent Burden

Census Housing Data

Source: U.S. Census Bureau ACS (2023)

Median Home Value

$140,000

Median Rent

$1,299

Total Housing Units

854

Vacancy Rate

5.8%

Owner Occupied

62.2%

Renter Occupied

37.8%

Median Property Tax

$950

per year

Monthly Cost (w/ Mortgage)

$848

Housing Types

Single Family
34.2%
Multi-Family
0.3%
Mobile Home
65.5%

The current median sale price in Pelican Bay, TX is $182,000 according to Redfin data. Homes spend a median of 134 days on the market. 0.0% of homes sold above asking price. The market has 11.0 months of supply. The median price per square foot is $168. The median rent is $1,299 per month (Census ACS). About 62.2% of housing units are owner-occupied. The median year homes were built is 1997. There are 854 total housing units.