Is San Marcos, TX 78666 a buyer’s or seller’s market?

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

San Marcos is a buyer’s market. With about 6.7 months of supply, buyers usually have more time and more room to negotiate on price and terms.

Competition score7/ 100

More competitive than 2% of U.S. ZIP codes, and #816 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

Months of supply6.7Under 4 months = seller’s market
Sold above original list2.2%Share of sales, last 3 months
Median sale-to-list96.2%Sold price ÷ list price
Median days on market92Listing to accepted offer
Median price per sq ft$173▼ −10.8% vs. last year

The San Marcos housing market right now

In the three months ending August 31, 2026, 2% of homes in San Marcos, TX 78666 sold above their list price, the typical home went under contract in 92 days and there were 6.7 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 237 home sales.

Compared with the same period a year earlier, the share selling over asking fell from 6%, homes sold more slowly (90 days then) and the median sale price fell 13% to $298,371. Overall, San Marcos is less competitive than a year ago, which gives buyers more room.

Within Hays County, homes here sell more slowly than in 83% of the county’s ZIP codes, and sell less often over asking than in 83%. On our competition score, San Marcos ranks #816 of 868 TX ZIP codes with enough sales (score 7 out of 100).

Nearby, Austin 78737 (14% sold over asking) and Buda 78610 (8% sold over asking) are even more competitive.

Nearby markets

Austin 78737Balanced $270 /sq ftBuda 78610Balanced $175 /sq ftDriftwood 78619Buyer’s market $339 /sq ftDripping Springs 78620Balanced $239 /sq ft Browse all markets →

Where San Marcos is

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Questions about San Marcos real estate

Is San Marcos a buyer’s or seller’s market?

A buyer’s market: there were 6.7 months of supply in San Marcos, TX 78666 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 San Marcos?

The typical home went under contract in 92 days in the latest three months.

Do homes in San Marcos sell over asking?

2% of homes sold above their original list price, and the typical sale closed at 96.2% of the list price.

What are property taxes in San Marcos?

About 1.66% of a home’s value a year in Hays County, or roughly $6,640 on a $400,000 home.

What is the median home price in San Marcos?

The median sale price was $298,371 in the three months ending August 31, 2026, about $173 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