South Padre Island housing market: home prices and forecast
South Padre Island home prices: According to the Zillow Home Value Index, a home typical for South Padre Island, Texas was valued at $449,768 in September 2026. That was 5.2% higher than one year before and 1.7% under the $457,711 peak reached in July 2023.
- Value of a typical home
- $449,768September 2026, Zillow ZHVI
- Change over 12 months
- +5.2%. This is the change since September 2025.
South Padre Island home prices since 2000
The grey line represents the United States, while the steel line represents South Padre Island. From February 2001 onward, a typical South Padre Island home increased in value from $211,933 to $449,768, or ×2.12. During that period, the US rose by ×2.79. The boom peak was $345,716 in July 2008, while the low was $264,274 in December 2013, a change of −23.6%.
Yearly median home price in South Padre Island
Each year uses the average of the twelve monthly values; for 2026, the latest month is shown.
| Year | South Padre Island | Change on the year | United States |
|---|---|---|---|
| 2002 | $219,199 | $144,276 | |
| 2003 | $230,201 | +5.0% | $155,308 |
| 2004 | $248,572 | +8.0% | $169,891 |
| 2005 | $279,291 | +12.4% | $189,732 |
| 2006 | $306,991 | +9.9% | $206,531 |
| 2007 | $332,921 | +8.4% | $208,449 |
| 2008 | $341,695 | +2.6% | $195,574 |
| 2009 | $326,444 | −4.5% | $177,542 |
| 2010 | $309,346 | −5.2% | $171,462 |
| 2011 | $300,602 | −2.8% | $162,508 |
| 2012 | $280,307 | −6.8% | $161,137 |
| 2013 | $272,764 | −2.7% | $171,420 |
| 2014 | $262,001 | −3.9% | $182,996 |
| 2015 | $266,139 | +1.6% | $192,738 |
| 2016 | $265,341 | −0.3% | $204,509 |
| 2017 | $266,628 | +0.5% | $216,767 |
| 2018 | $271,497 | +1.8% | $230,541 |
| 2019 | $264,245 | −2.7% | $242,088 |
| 2020 | $270,511 | +2.4% | $257,151 |
| 2021 | $322,725 | +19.3% | $295,959 |
| 2022 | $422,392 | +30.9% | $340,014 |
| 2023 | $449,878 | +6.5% | $348,160 |
| 2024 | $444,855 | −1.1% | $359,751 |
| 2025 | $429,253 | −3.5% | $362,959 |
| September 2026 | $449,768 | +5.2% | $366,157 |
Current value of South Padre Island homes bought in any year
The estimate uses an index for a typical home; it is not an appraisal.
For each year, the figure averages its twelve monthly index values; the current value is based on September 2026. More options include the home appreciation calculator.
Are you thinking of selling? Compare local agents listed on Realtor.com. Advertising disclosure: a link like this one may pay the site, and such payment never changes a number. Disclosure.
South Padre Island housing market forecast
Zillow's metro forecast for Brownsville, TX calls for +0.9% over 12 months from September 2026, while also showing +0.1% over the next three months. With South Padre Island's typical value at $449,768, the forecast suggests a figure near $453,800 one year later.
Zillow's central estimate for the metro appears here; the site does not publish a forecast of its own. Such a 12-month forecast has typically been off by several percentage points from the realised change, in either direction. This is not investment advice.
All metro forecasts appear in one table: housing market forecast.
South Padre Island housing market crash risk score
Moderate: 25 of 100
Five conditions that ran high before earlier price falls are used to rank South Padre Island against 292 cities. Each input is scored from 0 to 100 relative to the other cities, then the five scores are averaged with equal weight. It shows current conditions and does not predict a crash.
| Input | Value | Sub-score | Weight |
|---|---|---|---|
| Active listings vs 2019 | +12.4% | 63 | 20% |
| Market listing time vs 2019 | −13.3% | 17 | 20% |
| Price-to-rent ratio | 13.6 | 15 | 20% |
| 12-month price change | +5.2% | 6 | 20% |
This information is not investment advice. See the methodology for details on how inputs are scored. All 292 cities ranked: city crash risk rankings.
Homes available and time on market in South Padre Island
For September 2026 the Brownsville, TX metro reported 1,555 homes for sale. This was −9.9% from one year earlier and +12.4% compared with the same month in 2019. A listing had a median sale time of 85 days, representing a −13.3% change from 2019, while price cuts applied to 14.4% of listings.
| Brownsville, TX metro, September 2026 | Value | On a year |
|---|---|---|
| Active listings | 1,555 | −9.9% |
| New listings | 398 | |
| Median days on market | 85 | −4.8% |
| Median list price | $298,250 | −5.3% |
| Share with a price cut | 14.4% |
The source is Realtor.com® Economic Research, metro inventory, with Realtor.com data. See days on market by city for every metro.
Living costs and rent in South Padre Island
The Zillow Observed Rent Index put the usual asking rent in South Padre Island at $2,758 each month. For the typical home, the cost equals 13.6 years of that rent. BEA reports metro prices at 86.0 compared with a US average of 100, while housing costs stand at 57.7.
More housing markets across Texas
- $259,465 for Houston.
- $244,623 for San Antonio.
- $303,442 for Dallas.
- Fort Worth $292,949
- $491,960 for Austin.
- $237,556 for El Paso.
- Arlington, Texas $306,472
- Corpus Christi $222,115
- $497,714 for Plano.
- $210,957 for Lubbock.
View the entire state in the Texas housing market.
How to read the chart
Every point represents the South Padre Island Zillow Home Value Index. It shows the value of a home typical of the market's middle third, using smoothing and seasonal adjustment, in that month's dollars. The hollow circle identifies the selected month on the slider, while the terracotta circle shows the latest month. Inflation is not accounted for in these figures, and the index follows a typical home rather than a specific house. Use the card above or the home appreciation calculator to calculate an individual home's value from its sale price.