Is Kerr County, TX a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
At the same time last year, Kerr County was a Neutral Market.
Housing Prices in Kerr County, TX
How much do homes in Kerr County, TX cost?
Median Sold Price
$401,250
$219/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Kerr County was $401,250 in April 2024, down 7.1% from last year, and the median price per square foot was $219.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $190K | $293.8K | +54.6% |
2 Bedrooms | $315K | $275K | -12.7% |
3 Bedrooms | $415K | $430K | +3.6% |
4 Bedrooms | $710K | $660K | -7.0% |
5+ Bedrooms | $1.5M | $1.2M | -17.0% |
Summary: Kerr County housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 54.6%, 2 bedroom homes decreased by 12.7%, 3 bedroom homes increased by 3.6%, 4 bedroom homes decreased by 7%, and 5+ bedroom homes decreased by 17%.
Median Sold Price Compared To Nearby Counties
Kendall County | $584.3K | $584.1K | 0% |
Kerr County | $432K | $401.2K | -7.1% |
Gillespie County | $609K | $527.5K | -13.4% |
Housing Supply in Kerr County, TX
How many homes are available in Kerr County, TX?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
120 | 142 | +18.3% |
Summary: The Kerr County real estate market had 142 homes for sale in April 2024, a 18.3% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 5 | 6 | +20.0% |
2 Bedrooms | 13 | 13 | 0.0% |
3 Bedrooms | 70 | 83 | +18.6% |
4 Bedrooms | 25 | 32 | +28.0% |
5+ Bedrooms | 7 | 8 | +14.3% |
Summary: The Kerr County housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 20%, 2 bedroom homes remained the same, 3 bedroom homes increased by 18.6%, 4 bedroom homes increased by 28%, and 5+ bedroom homes increased by 14.3%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
9 | 14 | +55.6% |
Asking Price vs. Sold Price
10 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 14 homes were sold or pending in Kerr County in April 2024, up by 55.6% month-over-month. Of the 14 sold homes, 71% were sold under asking, 21% were sold at asking, and 7% 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
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
56 Days | 142 Days | +152.3% |
Summary: Homes in Kerr County had an average of 142 days on market in Apr 2024, up by 152.3% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
7 Homes Were Sold
In 30 - 90 Days
6 Homes Were Sold
Over 90 Days
Summary: During April 2024, 14 homes were sold in Kerr County; 7% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 43% of homes were sold over 90 days.