Is Bandera, TX 78003 a buyer’s or seller’s market?
Bandera is a buyer’s market. With about 11.6 months of supply, buyers usually have more time and more room to negotiate on price and terms.
More competitive than 6% of U.S. ZIP codes, and #742 of 868 in the state.
Based on share sold above original list, sale-to-list ratio, months of supply and days on market for the 3 months ending August 31, 2026. See the breakdown
The Bandera housing market right now
In the three months ending August 31, 2026, 12% of homes in Bandera, TX 78003 sold above their list price, the typical home went under contract in 87 days and there were 11.6 months of supply. More than six months of supply favors buyers, who usually have more time and more room to negotiate. That’s based on 34 home sales.
Compared with the same period a year earlier, the share selling over asking fell from 16%, homes sold more slowly (81 days then) and the median sale price rose 19% to $299,870. Overall, Bandera is less competitive than a year ago, which gives buyers more room.
On our competition score, Bandera ranks #742 of 868 TX ZIP codes with enough sales (score 13 out of 100).
Nearby, buyers who want less competition could look at Pipe Creek 78063 (0% sold over asking) or Medina 78055 (0% sold over asking).
Run the numbers for 78003
Nearby markets
Medina 78055Buyer’s market $250 /sq ftPipe Creek 78063Buyer’s market $260 /sq ftTarpley 78883 — /sq ftUtopia 78884 — /sq ft Browse all markets →Towns like Bandera nearby
Find towns like Bandera in other states →Where Bandera is
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Questions about Bandera real estate
Is Bandera a buyer’s or seller’s market?
A buyer’s market: there were 11.6 months of supply in Bandera, TX 78003 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.
How fast do homes sell in Bandera?
The typical home went under contract in 87 days in the latest three months.
Do homes in Bandera sell over asking?
12% of homes sold above their original list price, and the typical sale closed at 95.8% of the list price.
What are property taxes in Bandera?
About 0.88% of a home’s value a year in Bandera County, or roughly $3,520 on a $400,000 home.
What is the median home price in Bandera?
The median sale price was $299,870 in the three months ending August 31, 2026, about $232 per square foot.
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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology