Is Kerr County, TX a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Kerr County is a buyer's market

Buyer's
Market

Difference Since October 2023

At the same time last year, Kerr County was a Seller's Market.

Key Takeaway

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

Housing Prices in Kerr County, TX

How much do homes in Kerr County, TX cost?

Median Sold Price

$413,750

$221/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

-$11,250(-2.6%)

Key Takeaway

Homes in Kerr County have sold for 2.6% less than they did a year ago.

Summary: The median home sold price in Kerr County was $413,750 in October 2024, down 2.6% from last year, and the median price per square foot was $221.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $200K$217.5K
+8.8%
2 $274.7K$295K
+7.4%
3 $425K$432.5K
+1.8%
4 $665K$625K
-6.0%
5+ $1.3M$660K
-52.4%

Summary: Kerr County housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 8.8%, 2 bedroom homes increased by 7.4%, 3 bedroom homes increased by 1.8%, 4 bedroom homes decreased by 6%, and 5+ bedroom homes decreased by 52.4%.

Median Sold Price Compared To Nearby Counties

Gillespie County
+8.1%
Kerr County
-2.6%
Kendall County
-3.1%

Housing Supply in Kerr County, TX

How many homes are available in Kerr County, TX?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
145157+8.3%

Summary: The Kerr County real estate market had 157 homes for sale in October 2024, a 8.3% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 56
+20.0%
2 2526
+4.0%
3 6873
+7.4%
4 3439
+14.7%
5+ 1313
0.0%

Summary: The Kerr County housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 20%, 2 bedroom homes increased by 4%, 3 bedroom homes increased by 7.4%, 4 bedroom homes increased by 14.7%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
1215+25.0%

Asking Price vs. Sold Price

7 Homes Were Sold
Under Asking

6 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Kerr County, you may be able to get a good deal. 46.7% of homes here sold below asking price last month.

Summary: A total of 15 homes were sold or pending in Kerr County in October 2024, up by 25.0% month-over-month. Of the 15 sold homes, 47% were sold under asking, 40% were sold at asking, and 13% were sold over asking.

Days on Market for Kerr County, TX

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

Average Sale Time

Oct 2023Oct 2024CHANGE
90 Days97 Days+7.5%

Summary: Homes in Kerr County had an average of 97 days on market in Oct 2024, up by 7.5% compared to last year.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

6 Homes Were Sold
In 30 - 90 Days

8 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Most homes in Kerr County are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During October 2024, 15 homes were sold in Kerr County; 7% of homes were sold within 30 days, 40% of homes were sold within 30 to 90 days, and 53% 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 4 Days Ago

Newest Listings in Kerr County, TX

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What housing markets are near Kerr County, TX?