Is Kennard, TX 75847 a buyer’s or seller’s market?

Balanced 3 months ending August 31, 2026 · Source: Redfin

Kennard is a balanced market. With about 5.3 months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.

Months of supply5.3Under 4 months = seller’s market
Sold above original list0%Share of sales, last 3 months
Median sale-to-list89%Sold price ÷ list price
Median days on market200Listing to accepted offer
Median price per sq ft$88▼ −63.2% vs. last year

The Kennard housing market right now

In the three months ending August 31, 2026, 0% of homes in Kennard, TX 75847 sold above their list price, the typical home went under contract in 200 days and there were 5.3 months of supply. Four to six months of supply is a balanced market, where pricing and condition decide how much room there is to negotiate. With only 3 sales, these figures can swing a lot from month to month.

Compared with the same period a year earlier, the share selling over asking was about the same (0% then), homes sold more slowly (55 days then) and the median sale price rose 22% to $149,935. Overall, Kennard is less competitive than a year ago, which gives buyers more room.

Nearby, Grapeland 75844 (14% sold over asking) and Crockett 75835 (12% sold over asking) are even more competitive.

Nearby markets

Crockett 75835Buyer’s market $104 /sq ftGrapeland 75844Buyer’s market $166 /sq ftLovelady 75851Buyer’s market $127 /sq ft Browse all markets →

Where Kennard is

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Questions about Kennard real estate

Is Kennard a buyer’s or seller’s market?

A balanced market: there were 5.3 months of supply in Kennard, TX 75847 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.

How fast do homes sell in Kennard?

The typical home went under contract in 200 days in the latest three months.

Do homes in Kennard sell over asking?

0% of homes sold above their original list price, and the typical sale closed at 89.0% of the list price.

What are property taxes in Kennard?

About 0.84% of a home’s value a year in Houston County, or roughly $3,360 on a $400,000 home.

What is the median home price in Kennard?

The median sale price was $149,935 in the three months ending August 31, 2026, about $88 per square foot.

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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology