Is Karnes City, TX 78118 a buyer’s or seller’s market?

3 months ending August 31, 2026 · Source: Redfin

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

Months of supply—Under 4 months = seller’s market

Sold above original list—Share of sales, last 3 months

Median sale-to-list—Sold price ÷ list price

Median days on market—Listing to accepted offer

Median price per sq ft—

The Karnes City housing market right now

There haven’t been enough recent sales here for a detailed summary yet.

About the area

Karnes County, TX

Population	4,676
Median income	$60,711
Average income	$99,957
Median home value	$103,700
Median rent	$666/month
Owner-occupied	75% of homes
Median year built	1979

Natural hazard riskHurricanes (relatively high), extreme heat (relatively high), tornadoes (relatively high)

Source: U.S. Census Bureau, American Community Survey 2020–2024 5-year estimates (household income; home value as estimated by owners), ZIP code tabulation area 78118; hazard risk from the FEMA National Risk Index for the census tracts in this ZIP code (not endorsed by FEMA).

Run the numbers for 78118

Prefilled for 78118Can I win this house?Multiple-offer likelihood for a listing Prefilled for 78118Over-asking calculatorTypical range over list ToolOffer strength scoreHow your offer looks to a seller ToolAppraisal gapCash needed if it appraises low

Nearby markets

Gillett 78116 — /sq ft Hobson 78117 — /sq ft Kenedy 78119Balanced $115 /sq ft Runge 78151 — /sq ft Browse all markets →

Towns like Karnes City nearby

Find towns like Karnes City in other states →

Nixon, TX78140 · 30 miles away80% similar8 min longer commute Beeville, TX78102 · 33 miles away80% similarlarger Three Rivers, TX78071 · 33 miles away78% similarpricier homes ($55K more) · more renters Kenedy, TX78119 · 7 miles away71% similarpricier homes ($43K more) · larger

Where Karnes City is

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Questions about Karnes City real estate

What are property taxes in Karnes City?

About 0.93% of a home’s value a year in Karnes County, or roughly $3,720 on a $400,000 home.

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More tools for 78118

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