Altos Market Data for Realtors

Kerrville, TX 78028

Single-Family Homes

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Kerrville, TX 78028

Sat Nov 27 2021
This week the median list price for Kerrville, TX 78028 is $425,000 with the market action index hovering around 35. This is less than last month's market action index of 36. Inventory has held steady at or around 141. Click here to stay informed with the Kerrville market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Slight Seller's Advantage

The market has been cooling over time and prices have recently flattened. Despite the consistent decrease in Market Action Index (MAI), we’re in a Seller’s Market (where significant demand leaves little inventory available). If the MAI begins to climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Kerrville, TX 78028

Sat Nov 27 2021
This week the median list price for Kerrville, TX 78028 is $425,000 with the market action index hovering around 35. This is less than last month's market action index of 36. Inventory has held steady at or around 141. Click here to stay informed with the Kerrville market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Slight Seller's Advantage

The market has been cooling over time and prices have recently flattened. Despite the consistent decrease in Market Action Index (MAI), we’re in a Seller’s Market (where significant demand leaves little inventory available). If the MAI begins to climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Real-Time Market Profile

Never miss important changes in the Kerrville market.
Median List Price $425,000
Median Price of New Listings $379,900
Per Square Foot $211
Average Days on Market 80
Median Days on Market 49
Price Decreased 30%
Price Increased 1%
Relisted 19%
Inventory 141
Median Rent $2,550
Market Action 35
Slight Seller's Advantage

In the last few weeks we’ve seen prices in this zip code bouncing around this plateau. Look for a persistent down-shift in the Market Action Index before we see prices deviate from these levels.

Market Segments

Each segment below represents approximately 25% of the market ordered by price.

Median Price Sq. Ft. Lot Size Beds Bath Age New Absorbed DOM
$1,150,000 4,177 10 - 20 acres 4 3.5 24 1 3 63
$524,900 2,425 0.5 - 1 acre 3 2.5 32 3 2 77
$349,900 1,722 0.25 - 0.5 acre 3 2 36 6 6 35
$237,450 1,342 0.25 - 0.5 acre 3 2 47 1 6 49