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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Kempner is a seller's market

Buyer's
Market

Difference Since Last Month

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

Key Takeaway

Kempner is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Kempner, TX

How much do homes in Kempner, TX cost?

Median Sold Price

$337,500

$307/sqft

Based on all homes sold in April 2024.

Difference Since Last Month

-$57,500(-14.6%)

Key Takeaway

Homes in Kempner have sold for 14.6% less than they did a month ago.

Summary: The median home sold price in Kempner was $337,500 in April 2024, down 14.6% from last month, and the median price per square foot was $307.

Median Sold Price By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 -$343K
N/A
2 --
N/A
3 $294.9K$305K
+3.4%
4 $417.4K$332K
-20.5%
5+ --
N/A

Summary: Kempner housing prices by bedroom type for April 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 increased by 3.4%, 4 bedroom homes decreased by 20.5%, 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

Mar 2024Apr 2024CHANGE
2423-4.2%

Summary: The Kempner real estate market had 23 homes for sale in April 2024, a 4.2% decrease compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 11
0.0%
2 00
0.0%
3 107
-30.0%
4 1315
+15.4%
5+ 00
0.0%

Summary: The Kempner housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes decreased by 30%, 4 bedroom homes increased by 15.4%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
64-33.3%

Asking Price vs. Sold Price

4 Homes Were Sold
Under Asking

0 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, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 4 homes were sold or pending in Kempner in April 2024, down by 33.3% month-over-month. Of the 4 sold homes, 100% were sold under asking, 0% 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

Mar 2024Apr 2024CHANGE
36 Days92 Days+156.9%

Summary: Homes in Kempner had an average of 92 days on market in Apr 2024, up by 156.9% compared to last month.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

1 Home Was 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 April 2024, 4 homes were sold in Kempner; 50% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 25% 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 8 Days Ago

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