Is Kemah, 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, Kemah was a Seller's Market.
Housing Prices in Kemah, TX
How much do homes in Kemah, TX cost?
Median Sold Price
$395,000
$195/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Kemah was $395,000 in April 2024, up 22.4% from last year, and the median price per square foot was $195.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | $232.4K | N/A |
2 Bedrooms | $433K | $249.4K | -42.4% |
3 Bedrooms | $343.5K | $439.2K | +27.9% |
4 Bedrooms | $320.2K | $445K | +38.9% |
5+ Bedrooms | - | $1.1M | N/A |
Summary: Kemah housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 42.4%, 3 bedroom homes increased by 27.9%, 4 bedroom homes increased by 38.9%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
Kemah | $322.6K | $395K | +22.4% |
Seabrook | $354.9K | $380K | +7.1% |
Texas City-League City | $323.6K | $329.5K | +1.8% |
Bacliff | $244K | $229.4K | -6.0% |
Clear Lake Shores | $451.2K | $415K | -8.0% |
Housing Supply in Kemah, TX
How many homes are available in Kemah, TX?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
36 | 55 | +52.8% |
Summary: The Kemah real estate market had 55 homes for sale in April 2024, a 52.8% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 3 | +200.0% |
2 Bedrooms | 8 | 16 | +100.0% |
3 Bedrooms | 12 | 14 | +16.7% |
4 Bedrooms | 11 | 19 | +72.7% |
5+ Bedrooms | 4 | 3 | -25.0% |
Summary: The Kemah housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 200%, 2 bedroom homes increased by 100%, 3 bedroom homes increased by 16.7%, 4 bedroom homes increased by 72.7%, and 5+ bedroom homes decreased by 25%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
2 | 9 | +350.0% |
Asking Price vs. Sold Price
8 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 9 homes were sold or pending in Kemah in April 2024, up by 350.0% month-over-month. Of the 9 sold homes, 89% were sold under asking, 11% were sold at asking, and 0% were sold over asking.
Days on Market for Kemah, TX
How long does it take to sell a home in Kemah, TX?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
36 Days | 36 Days | 0.4% |
Summary: Homes in Kemah had an average of 36 days on market in Apr 2024, up by 0.4% compared to last year.
Breakdown of Home Sale Times
6 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Summary: During April 2024, 9 homes were sold in Kemah; 67% of homes were sold within 30 days, 11% of homes were sold within 30 to 90 days, and 22% of homes were sold over 90 days.