Is Kempner, TX a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Kempner is a buyer's market

Buyer's
Market

Difference Since Last Month

Since last month, Kempner has remained a Buyer's Market.

Key Takeaway

Kempner is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Kempner, TX

How much do homes in Kempner, TX cost?

Median Sold Price

$300,000

$199/sqft

Based on all homes sold in October 2024.

Difference Since Last Month

-$219,000(-42.2%)

Key Takeaway

Homes in Kempner have sold for 42.2% less than they did a month ago.

Summary: The median home sold price in Kempner was $300,000 in October 2024, down 42.2% from last month, and the median price per square foot was $199.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 --
N/A
2 --
N/A
3 $519K$265K
-48.9%
4 -$335K
N/A
5+ --
N/A

Summary: Kempner housing prices by bedroom type for October 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes decreased by 48.9%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in Kempner, TX

How many homes are available in Kempner, TX?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
2125+19.0%

Summary: The Kempner real estate market had 25 homes for sale in October 2024, a 19.0% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 00
0.0%
3 1111
0.0%
4 912
+33.3%
5+ 12
+100.0%

Summary: The Kempner housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes remained the same, 4 bedroom homes increased by 33.3%, and 5+ bedroom homes increased by 100%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
13+200.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Kempner, expect to pay close to the asking price. 100% of homes here sold near the asking price last month.

Summary: A total of 3 homes were sold or pending in Kempner in October 2024, up by 200.0% month-over-month. Of the 2 sold homes, 0% were sold under asking, 100% were sold at asking, and 0% were sold over asking.

Days on Market for Kempner, TX

How long does it take to sell a home in Kempner, TX?

Average Sale Time

Sep 2024Oct 2024CHANGE
63 Days11 Days-82.5%

Summary: Homes in Kempner had an average of 11 days on market in Oct 2024, down by 82.5% compared to last month.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Kempner are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 3 homes were sold in Kempner; 67% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 16 Days Ago

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