Is Kemah, TX a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
Since last year, Kemah has remained a Buyer's Market.
Housing Prices in Kemah, TX
How much do homes in Kemah, TX cost?
Median Sold Price
$405,000
$197/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Kemah was $405,000 in March 2024, up 29.6% from last year, and the median price per square foot was $197.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | $232.4K | N/A |
2 Bedrooms | $211K | $252.6K | +19.7% |
3 Bedrooms | $298K | $435K | +46.0% |
4 Bedrooms | $321.4K | $482.5K | +50.1% |
5+ Bedrooms | - | $1.1M | N/A |
Summary: Kemah housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 19.7%, 3 bedroom homes increased by 46%, 4 bedroom homes increased by 50.1%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
Kemah | $312.5K | $405K | +29.6% |
Seabrook | $349K | $375K | +7.4% |
Texas City-League City | $324.3K | $326K | 0.5% |
Bacliff | $250K | $240K | -4.0% |
Housing Supply in Kemah, TX
How many homes are available in Kemah, TX?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
34 | 37 | +8.8% |
Summary: The Kemah real estate market had 37 homes for sale in March 2024, a 8.8% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 2 | 1 | -50.0% |
2 Bedrooms | 6 | 9 | +50.0% |
3 Bedrooms | 11 | 11 | 0.0% |
4 Bedrooms | 9 | 11 | +22.2% |
5+ Bedrooms | 6 | 5 | -16.7% |
Summary: The Kemah housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 50%, 2 bedroom homes increased by 50%, 3 bedroom homes remained the same, 4 bedroom homes increased by 22.2%, and 5+ bedroom homes decreased by 16.7%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
4 | 2 | -50.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 2 homes were sold or pending in Kemah in March 2024, down by 50.0% month-over-month. Of the 2 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Kemah, TX
How long does it take to sell a home in Kemah, TX?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
38 Days | 22 Days | -43.1% |
Summary: Homes in Kemah had an average of 22 days on market in Mar 2024, down by 43.1% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During March 2024, 2 homes were sold in Kemah; 50% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.