Pelican Bay, TX Housing Market: 33 Homes Sold (September 2025 to September 2026)

Q: What does the typical Pelican Bay home cost?

The typical Pelican Bay home sold for $218,000 (about $164 per square foot) over the last twelve months.

Q: How fast do homes sell in Pelican Bay?

The typical Pelican Bay home went under contract in 52 days; 6.1% sold within the first week.

The edge goes to buyers: homes typically take 52 days and only 18.2% beat their asking price.

Pelican Bay market at a glance

Homes sold (12 months): 33
Median sale price: $218,000 (about $1,240/month with 10% down at a 6.5% 30-year rate, principal & interest)
Median price per square foot: $164
Median days on market (list to contract): 52; 6.1% went under contract within a week
Sold over asking: 18.2% · Sold under asking: 48.5%
Typical home: 3 bed, 1,302 sqft, built 2018, mostly Azle ISD
Price range of sales: $55,000 – $2,400,000
On the market right now: 15 active listings, 6 under contract, 5.5 months of supply, median asking $262,000
How buyers paid: Conventional 27.3%, FHA 21.2%, VA 9.1%, Cash 24.2%, Other 18.2%
Seller contributions: 48.5% of sellers chipped in, typically $6,810
Contract to close: about 31 days
HOA: 12.1% of sales had a mandatory HOA, typically $61/month

Five-year price history in Pelican Bay

Median sale price by quarter: 2026 Q2: $189,900.

Median price by elementary school zone

Liberty: 18 sales, median $275,000, $169/sqft
Hoover: 12 sales, median $152,500, $165/sqft

Pricing right vs. cutting the price in Pelican Bay

Sellers who held their original asking price sold in 28 days at 100% of ask. Sellers who overpriced and later cut took 118 days and kept 90.6% of the original ask, roughly $20,700 left on the table on a typical Pelican Bay listing.

Most active Pelican Bay neighborhoods

Pelican Bay Tenth Filing: 11 sales, median $135,000, 93 days on market
Pelican Bay Add: 8 sales, median $198,950, 49 days on market

Nearby markets

Fort Worth · Arlington · Mansfield · North Richland Hills · Crowley · Keller · Azle · Bedford

Common questions

Is now a good time to buy in Pelican Bay? The edge goes to buyers: homes typically take 52 days and only 18.2% beat their asking price.

What does the typical Pelican Bay home cost? $218,000, about $164 per square foot, or roughly $1,240/month with 10% down before taxes and insurance.

How fast do homes sell in Pelican Bay? The typical home went under contract in 52 days; 6.1% sold within the first week.

Source: NTREIS MLS closed sales, September 5 2025 to September 5 2026. Aggregate data only; Texas is a non-disclosure state. Compiled by Pax Realty (Ryan Storch, Broker). Explore all 186 cities · Full dataset · Text Ryan · Call/text (972) 974-1821.