Housing Market Overview
The median home price (often called the average home price), rent costs, affordability metrics, and housing stock characteristics for this housing market.
Median Home Price Map: Nearby Counties
Housing Market Overview
| Metric | Kenedy County | Texas Avg | US Average |
|---|---|---|---|
| Median Home Price | — | $248,418 | $242,182 |
| Price Trend (Annual %) | — | 9.9% | 8.2% |
| Median Gross Rent | $814 | $1,338 | $1,342 |
| Rent Trend (Annual %) | 16.4% | 5.7% | 5.1% |
| Household Income Trend (Annual %) | — | — | — |
Rent is about 39% lower than the Texas average.
Affordability
| Metric | Kenedy County | Texas Avg | US Average |
|---|---|---|---|
| Median Home Price | — | $248,418 | $242,182 |
| Median Household Income | $38,499 | $76,510 | $78,145 |
| Price-to-Income Ratio | — | 3.2 | 3.1 |
Occupancy & Tenure
| Metric | Kenedy County | Texas Avg | US Average |
|---|---|---|---|
| Homeownership Rate | 8.7% | 56.5% | 58.2% |
| Rental Rate | 15.9% | 33.8% | 31.3% |
| Vacancy Rate | 75.4% | 9.6% | 10.6% |
| Median Tenure (years) | 18.0 | 14.0 | 15.0 |
| Median Year Moved In | 2008 | 2012 | 2011 |
Kenedy County has a homeownership rate of 8.7%, lower than the Texas average of 56.5%. Its housing vacancy rate is 75.4%, compared with 9.6% in Texas.
Housing Stock
| Metric | Kenedy County | Texas Avg | US Average |
|---|---|---|---|
| Average Household Size | 2.50 people | 2.70 people | 2.54 people |
| Median Structure Built Year | 1989 | 1989 | 1978 |
| Median Number of Rooms | 4.5 | 5.4 | 5.5 |
The typical housing unit in Kenedy County was built around 1989. On average, 2.5 people live in a home with about 4.5 rooms, staying for about 18.0 years on average.
Frequently Asked Questions
Common questions about the housing market in Kenedy County, Texas.
What is the median rent in Kenedy County, Texas?
The median gross rent in Kenedy County, Texas is $814 per month, lower than the Texas average of $1,338.
What was the median gross rent in Kenedy County in 2020?
In 2020, the median gross rent in Kenedy County, Texas was $814 per month.
What is the homeownership rate in Kenedy County, Texas?
8.7% of households in Kenedy County, Texas own their home, lower than the Texas average of 56.5%.
What is the vacancy rate in Kenedy County, Texas?
The housing vacancy rate in Kenedy County, Texas is 75.4%, higher than the Texas average of 9.6%.