Search homes for sale in San Marcos, TX, known as one of the oldest continuously inhabited sites in the Americas.
The housing market in San Marcos shows low competitiveness. Last month, the median sale price for a home in San Marcos reached $341,000, reflecting a 3.8% increase from the previous year. However, the median sale price per square foot in San Marcos has decreased to $189, marking a 10.8% decline since last year.
Median Sale Price
Median Sale Price per Sq. Ft.
Total Homes Sold
Median Days on Market
As of December 2023, the San Marcos real estate market witnessed a 3.8% rise in home prices compared to the previous year, with the median sales price standing at $341K. Homes in San Marcos are taking longer to sell, with an average duration of 79 days on the market, up from 69 days the previous year.
The number of homes sold in December also saw a decrease, with 52 homes sold, compared to 79 sold in the same month last year. This suggests a slowdown in market activity, with homes not only taking longer to sell but also a noticeable drop in the number of transactions.
The real estate market in San Marcos is characterized by low competitiveness. Homes typically take 84 days to sell, and it's uncommon for them to receive multiple offers. On average, homes in San Marcos are sold for approximately 3% below the asking price and usually take about 84 days to go under contract.
However, in contrast, homes that are particularly desirable or 'hot' may sell closer to their listing price and tend to go pending much faster, often within approximately 36 days.
San Marcos, TX, is a compelling choice for those considering relocation or investment due to its unique blend of small-town charm and easy access to big-city amenities, being conveniently situated between Austin and San Antonio.
It's known for its vibrant community, affordable cost of living, and natural beauty, including the San Marcos River and numerous parks. The city also boasts a strong educational presence with Texas State University, fostering a youthful and dynamic atmosphere. This, combined with a growing economy and diverse cultural experiences, makes San Marcos an attractive destination for families, students, and professionals.
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Darrell specializes in helping clients who are relocating to the city from out-of-state, providing special attentiveness to all aspects of the buying experience to ensure smooth, easy transitions. Contact him now!