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Is Medina, TX 78055 a buyer’s or seller’s market?

Buyer’s market 3 months ending August 31, 2026 · Source: Redfin

Medina is a buyer’s market. With about 11.2 months of supply, buyers usually have more time and more room to negotiate on price and terms.

Months of supply11.2Under 4 months = seller’s market
Sold above original list0%Share of sales, last 3 months
Median sale-to-list85.1%Sold price ÷ list price
Median days on market314Listing to accepted offer
Median price per sq ft$250▲ +18.4% vs. last year

The Medina housing market right now

In the three months ending August 31, 2026, 0% of homes in Medina, TX 78055 sold above their list price, the typical home went under contract in 314 days and there were 11.2 months of supply. More than six months of supply favors buyers, who usually have more time and more room to negotiate. With only 2 sales, these figures can swing a lot from month to month.

Compared with the same period a year earlier, the share selling over asking fell from 20%, homes sold more slowly (93 days then) and the median sale price rose 23% to $472,296. Overall, Medina is less competitive than a year ago, which gives buyers more room.

Nearby, Bandera 78003 (12% sold over asking) is even more competitive.

Run the numbers for 78055

Prefilled for 78055Can I win this house?Multiple-offer likelihood for a listing Prefilled for 78055Over-asking calculatorTypical range over list ToolOffer strength scoreHow your offer looks to a seller ToolAppraisal gapCash needed if it appraises low

Nearby markets

Bandera 78003Buyer’s market $232 /sq ftPipe Creek 78063Buyer’s market $260 /sq ftTarpley 78883 — /sq ftUtopia 78884 — /sq ft Browse all markets →

Towns like Medina nearby

Find towns like Medina in other states →
Center Point, TX78010 · 18 miles away53% similarpricier homes ($52K more) · larger Comfort, TX78013 · 26 miles away53% similarpricier homes ($150K more) · larger Ingram, TX78025 · 16 miles away52% similarlarger · younger residents Harper, TX78631 · 30 miles away48% similarpricier homes ($85K more) · larger

Where Medina is

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Questions about Medina real estate

Is Medina a buyer’s or seller’s market?

A buyer’s market: there were 11.2 months of supply in Medina, TX 78055 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 Medina?

The typical home went under contract in 314 days in the latest three months.

Do homes in Medina sell over asking?

0% of homes sold above their original list price, and the typical sale closed at 85.1% of the list price.

What are property taxes in Medina?

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 Medina?

The median sale price was $472,296 in the three months ending August 31, 2026, about $250 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