Kennedale, TX—76060
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Kennedale, TX
As of Oct '25, the median home price in Kennedale, TX is $381,000, with a year-over-year change of -2.2%. This indicates that home prices in Kennedale, TX are decreasing. According to Zillow, the 1-year price projection is -0.2%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $381,000 | -2.2% |
| Single Family | $383,000 | -2.0% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $184,000 | -8.9% |
3 Bed | $316,000 | -2.5% |
4 Bed | $460,000 | -2.3% |
| 5 Bed | $538,000 | -2.4% |
% of Housing Stock
Rental Trends — Kennedale, TX
As of July '25, Rentcast reports the average rent in Kennedale, TX is $1,800, with a year-over-year rent change of -22.4%. Per bedroom, the median rent as of July '25 in Kennedale, TX is studios: $1,350, 1-bedrooms: $1,480, 2-bedrooms: $1,770, 3-bedrooms: $2,210, 4-bedrooms: $3,150. The most common rental property sizes in Kennedale, TX are 2-bedroom and 1-bedroom, accounting for 68.9% and 17.3% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,600 | $1,800 |
| Studio Rent | $1,370 | $1,350 |
| 1 Bed Rent | $1,470 | $1,480 |
| 2 Bed Rent | $1,900 | $1,770 |
| 3 Bed Rent | $2,150 | $2,210 |
| 4 Bed Rent | $3,000 | $3,150 |
% of Rental Stock
Property Listings — Kennedale, TX
As of Oct '25, Realtor.com reports that the median days on market for a home in Kennedale, TX is 52. This is a decrease of -24.0% from last year, suggesting that homes are sitting on the market shorter than last year. The percentage of listed homes with a reduced price is 43.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $480,000 | 26.0% |
Listing Count | 42 | 23.0% |
| Listings as % of Homes | 0.8% | 23.0% |
Days on Market | 52 | -24.0% |
Demographics — Kennedale, TX
As of the latest ACS Survey released in 2023, Kennedale, TX has a population of 8,810, which has increased by 7.4% over the past 5 years. Kennedale, TX is a moderately popular place for families, as children make up 23.3% of the population. The area has a moderately educated workforce, with 29.4% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 10.4% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 8,810 | 7.4% |
% Under 18 | 23.3% | -9.3% |
% Seniors | 15.7% | 1.3% |
% WFH | 10.4% | 92.6% |
% w/ College Degree | 29.4% | 4.6% |
As of the latest ACS Survey released in 2023, Kennedale, TX is a predominantly white area, with 57.1% of the population identifying as white. The white population has shrunk by 11.9% in the last 5 years. The second most common race or ethnicity in Kennedale, TX is black, making up 19.3% of the population. Foreign-born residents account for 9.5% of the population in Kennedale, TX, and this percentage has decreased by 12.0% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 57.1% | -11.9% |
% Black | 19.3% | 227.1% |
% Hispanic | 16.5% | -20.7% |
% Asian | 4.1% | -36.9% |
% Foreign Born | 9.5% | -12.0% |
Mortgage and Risk — Kennedale, TX
According to HUD data as of 2023, there were 120 mortgage originations in Kennedale, TX, of which 78.0% of loans were conventional mortgages. The average loan-to-value was 65.0%, with 30.0% above 90% LTV (very high). This implies large mortgage risk in Kennedale, TX. Investor activity is low, as 1.0% of loans were by investors. 9.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 120 |
% Conventional Loans | 78.0% |
% Government Loans | 22.0% |
% Investor Loans | 1.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 9.0% |
Loan Activity
Rentals and Section 8 — Kennedale, TX
As of 2024, the percent of homes in Kennedale, TX under the Section 8 program is 6.7%. This is considered low, suggesting that the neighborhood is sparsely composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. In Kennedale, TX, none of the tracked home sizes currently have HUD payment amounts above market rent, suggesting limited Section 8 opportunity.
Section 8 Market Size
Total Units under HUD | 45 |
Total Units Section 8 | 45 |
% Rentals under Section 8 | 6.7% |
% Occupied Section 8 | 85.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | -$150 | $1,470 | $1,320 |
| 2 Bedroom | -$360 | $1,900 | $1,540 |
| 3 Bedroom | -$110 | $2,150 | $2,040 |
| 4 Bedroom | -$510 | $3,000 | $2,490 |
Affordability — Kennedale, TX
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.3 |
| Median Home Price | $381,000 |
| Median Household Income | $118,000 |