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 November 2023

Since last year, Kerr County has remained a Buyer'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

$384,500

$215/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

-$40,500(-9.5%)

Key Takeaway

Homes in Kerr County have sold for 9.5% less than they did a year ago.

Summary: The median home sold price in Kerr County was $384,500 in November 2024, down 9.5% from last year, and the median price per square foot was $215.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $200K$217.5K
+8.8%
2 $275K$295K
+7.3%
3 $430K$384.5K
-10.6%
4 $662.5K$578.5K
-12.7%
5+ $1.2M$660K
-47.0%

Summary: Kerr County housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 8.8%, 2 bedroom homes increased by 7.3%, 3 bedroom homes decreased by 10.6%, 4 bedroom homes decreased by 12.7%, and 5+ bedroom homes decreased by 47%.

Median Sold Price Compared To Nearby Counties

Gillespie County
+10.8%
Kendall County
-1.1%
Kerr County
-9.5%

Housing Supply in Kerr County, TX

How many homes are available in Kerr County, TX?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
146158+8.2%

Summary: The Kerr County real estate market had 158 homes for sale in November 2024, a 8.2% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 56
+20.0%
2 2428
+16.7%
3 7277
+6.9%
4 3438
+11.8%
5+ 119
-18.2%

Summary: The Kerr County housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 20%, 2 bedroom homes increased by 16.7%, 3 bedroom homes increased by 6.9%, 4 bedroom homes increased by 11.8%, and 5+ bedroom homes decreased by 18.2%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
169-43.8%

Asking Price vs. Sold Price

6 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

1 Home Was 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. 66.7% of homes here sold below asking price last month.

Summary: A total of 9 homes were sold or pending in Kerr County in November 2024, down by 43.8% month-over-month. Of the 9 sold homes, 67% were sold under asking, 22% were sold at asking, and 11% 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

Nov 2023Nov 2024CHANGE
110 Days59 Days-46.7%

Summary: Homes in Kerr County had an average of 59 days on market in Nov 2024, down by 46.7% compared to last year.

Breakdown of Home Sale Times

3 Homes Were Sold
Under 30 Days

4 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Kerr County has remained consistent over time.

Summary: During November 2024, 9 homes were sold in Kerr County; 33% of homes were sold within 30 days, 44% of homes were sold within 30 to 90 days, and 22% 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 21 Days Ago

Newest Listings in Kerr County, TX

Nearby Markets to Kerr County, TX

What housing markets are near Kerr County, TX?