Is now a good time to buy land in South Padre Island, Texas?
South Padre Island, Texas is currently a strong buyer's market with 40.2 months of supply. Buyers have more negotiating power and can take time to find the right property.
Comprehensive market data and analysis• Updated Dec 2025
40.2 months of supply
High inventory favors buyers with more choices and negotiating power.
| Acreage | 30D | 3M | 6M | 12M |
|---|---|---|---|---|
| 0-1 acres | - | - | 1 | 1 |
| 1-2 acres | - | - | - | - |
| 2-5 acres | - | - | - | - |
| 5-10 acres | - | - | - | - |
| 10-20 acres | - | - | - | - |
| 20-50 acres | - | - | - | 1 |
| 50-100 acres | - | - | - | - |
| 100+ acres | - | - | - | - |
| TOTAL | 0 | 0 | 1 | 2 |
South Padre Island, Texas is currently a strong buyer's market with 40.2 months of supply. Buyers have more negotiating power and can take time to find the right property.
South Padre Island, Texas currently has 40.2 months of inventory supply. This indicates a strong buyer's market. High supply means buyers have plenty of choices and stronger negotiating position.
The current absorption rate in South Padre Island, Texas is 2.5% (3-month basis), indicating slow demand. The top-performing broker in this market is Troy Giles Realty.
Over the past 12 months, South Padre Island, Texas saw 20 properties sold. In just the last 3 months, 5 properties changed hands.
Land in South Padre Island, Texas typically sells within 259 days of listing. The median time on market is 103 days. Properties are moving slowly in the current strong buyer's market.
There are currently 67 active listings in South Padre Island, Texas. 21 new listings have hit the market in the last 90 days. The median asking price is $325K.
The 3-month absorption rate in South Padre Island, Texas is 2.5%. The 12-month rate is 2.5%. Absorption rate shows what percentage of available inventory is being sold, with higher rates indicating stronger buyer demand.
Market statistics are compiled from multiple sources including LandyDandy listings, Zillow.com, Realtor.com, Redfin.com, county records, and MLS data. While we strive for accuracy, these figures are estimates and may not reflect 100% of market activity. Data is updated regularly but some transactions may have reporting delays. For the most accurate assessment of a specific property, we recommend consulting with a local real estate professional.