Is Kenedy, TX 78119 a buyer’s or seller’s market?

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

Kenedy is a balanced market. With about 4.5 months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.

Months of supply4.5Under 4 months = seller’s market
Sold above original list8.3%Share of sales, last 3 months
Median sale-to-list100.3%Sold price ÷ list price
Median days on market178Listing to accepted offer
Median price per sq ft$115▼ −8.3% vs. last year

The Kenedy housing market right now

In the three months ending August 31, 2026, 8% of homes in Kenedy, TX 78119 sold above their list price, the typical home went under contract in 178 days and there were 4.5 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. That’s based on 12 home sales.

Compared with the same period a year earlier, the share selling over asking fell from 13%, homes sold more slowly (144 days then) and the median sale price fell 14% to $178,163. Overall, Kenedy is less competitive than a year ago, which gives buyers more room.

Nearby markets

Gillett 78116 — /sq ftHobson 78117 — /sq ftKarnes City 78118 — /sq ftRunge 78151 — /sq ft Browse all markets →

Where Kenedy is

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Questions about Kenedy real estate

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

A balanced market: there were 4.5 months of supply in Kenedy, TX 78119 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 Kenedy?

The typical home went under contract in 178 days in the latest three months.

Do homes in Kenedy sell over asking?

8% of homes sold above their original list price, and the typical sale closed at 100.3% of the list price.

What are property taxes in Kenedy?

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

What is the median home price in Kenedy?

The median sale price was $178,163 in the three months ending August 31, 2026, about $115 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