Housing in South Padre Island, TX

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

Housing Market Snapshot

Source: Redfin — January 2026

Median Sale Price

$739,500

Median List Price

$578,500

Price Per Sq Ft

$514

Days on Market

183

Active Inventory

302

Months of Supply

25.2

Buyer's market

Zillow Home Value

$434,032

ZHVI — January 2026

Zillow Rent Index

$2,232

ZORI — January 2026

Price Trends

Source: Redfin
Sale Price 86.3%List Price 21.8%Mar 24Jan 26

Market Competitiveness

Source: Redfin

Sold Above List

0.0%

Off Market in 2 Weeks

13.6%

Sale-to-List Ratio

91.7%

Buyer's market

Sold Above Asking
0.0%
Under Contract in 2 Wks
13.6%
Listings with Price Drops
10.6%

Market Activity

Source: Redfin

Homes Sold

12

New Listings

46

Pending Sales

22

Homes Sold 36.8%New Listings 45.9%Pending 18.5%Mar 24Jan 26

Price Per Square Foot

Source: Redfin

Median Sale $/SF

$514

Median List $/SF

$417

Sale $/SF 41.2%List $/SF 4.3%Mar 24Jan 26

South Padre Island vs Similar Cities

Source: Census ACS / Redfin (2023)

Compared to cities with under 10,000 residents. South Padre Island 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

$498,800

Median Rent

$1,421

Total Housing Units

5,843

Vacancy Rate

74.1%

Owner Occupied

66.2%

Renter Occupied

33.8%

Median Property Tax

$7,089

per year

Monthly Cost (w/ Mortgage)

$1,675

Housing Types

Single Family
15.6%
Multi-Family
84.4%
Mobile Home
0.0%

The current median sale price in South Padre Island, TX is $739,500 according to Redfin data. Homes spend a median of 183 days on the market. 0.0% of homes sold above asking price. The market has 25.2 months of supply. The median price per square foot is $514. Zillow's observed rent index is $2,232/month. About 66.2% of housing units are owner-occupied. The median year homes were built is 1985. There are 5,843 total housing units.