$1,366 Closing Credit*
$115,000
1,068 SqFt
3 Beds
•1 Full Bath
Cassie Nash, Listing Office: GANN MEDFORD Real Estate, Inc.
Is Kennard-Ratcliff, TX a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Since last month, Kennard-Ratcliff has remained a Seller's Market.
Key Takeaway
Kennard-Ratcliff is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Kennard-Ratcliff, TX
How much do homes in Kennard-Ratcliff, TX cost?
Median Sold Price
$527,000
$326/sqft
Based on all homes sold in November 2024.
Difference Since Last Month
+$385,000(+271.1%)
Key Takeaway
Homes in Kennard-Ratcliff have sold for 271.1% more than they did a month ago.
Summary: The median home sold price in Kennard-Ratcliff was $527,000 in November 2024, up 271.1% from last month, and the median price per square foot was $326.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | $527K | N/A |
| 3 Bedrooms | $142K | - | N/A |
| 4 Bedrooms | - | - | N/A |
| 5+ Bedrooms | - | - | N/A |
Summary: Kennard-Ratcliff housing prices by bedroom type for November 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 did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Kennard-Ratcliff | $142K | $527K | +271.1% |
| Kennard | $142K | $423.5K | +198.2% |
Housing Supply in Kennard-Ratcliff, TX
How many homes are available in Kennard-Ratcliff, TX?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 5 | 5 | 0.0% |
Summary: The Kennard-Ratcliff real estate market had 5 homes for sale in November 2024, the same as October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 2 | 2 | 0.0% |
| 3 Bedrooms | 2 | 2 | 0.0% |
| 4 Bedrooms | 1 | 1 | 0.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Kennard-Ratcliff housing inventory by bedroom type for November 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 remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 1 | 1 | 0.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Kennard-Ratcliff, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 1 homes were sold or pending in Kennard-Ratcliff in November 2024, the same as the previous month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Kennard-Ratcliff, TX
How long does it take to sell a home in Kennard-Ratcliff, TX?
Average Sale Time
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 160 Days | 37 Days | -76.9% |
Summary: Homes in Kennard-Ratcliff had an average of 37 days on market in Nov 2024, down by 76.9% compared to last month.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Kennard-Ratcliff has remained consistent over time.
Summary: During November 2024, 1 homes were sold in Kennard-Ratcliff; 0% of homes were sold within 30 days, 100% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
Disclaimer: The MLS data is provided exclusively to Participants or Subscribers for display on their website solely for consumers’ personal, non-commercial use, that the MLS data may not be used for any purpose other than to display prospective properties consumers may be interested in purchasing or leasing. Information contained on the computer print-outs of the Multiple Listing Service (MLS) of the HOUSTON REALTORS® INFORMATION SERVICE (HRIS) is furnished by MLS Participants for dissemination to other MLS Participants, for their exclusive use, and should not be relied upon by Buyer/Tenant or any other person. There is no express or implied warranty by HRIS or MLS as to the accuracy of such information, which should be independently verified by Buyer/Tenant or such other person. MLS does not verify the information and disclaims any responsibility for its accuracy. Any estimate of value was prepared using automated processes and should not be considered a comparative market analysis (CMA) or appraisal. You may contact us to provide additional information and analysis for a more accurate estimate of the property's value. Digital images modified or enhanced to alter real property characteristics contain a visible and legible watermark across the bottom of the image “Image does not represent actual property as is”. 
Disclaimer: The data relating to real estate for sale on this website comes in part from the Internet Data Exchange (IDX) of the Greater Tyler Association of REALTORS Multiple Listing Service. The IDX logo indicates listings of other real estate firms that are identified in the detailed listing information. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This information is deemed reliable, but not guaranteed. Copyright © 2024 Greater Tyler Association of REALTORS® All rights reserved.