Kerrville, TX—78028
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Kerrville, TX
As of Oct '25, the median home price in Kerrville, TX is $345,000, with a year-over-year change of -3.5%. This indicates that home prices in Kerrville, TX are decreasing. According to Zillow, the 1-year price projection is -0.6%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $345,000 | -3.5% |
| Single Family | $349,000 | -3.6% |
| Condos | $244,000 | -1.2% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $212,000 | 0.0% |
2 Bed | $254,000 | -4.5% |
3 Bed | $374,000 | -2.9% |
4 Bed | $564,000 | -1.4% |
| 5 Bed | $880,000 | -0.8% |
% of Housing Stock
Rental Trends — Kerrville, TX
As of July '25, Rentcast reports the average rent in Kerrville, TX is $1,750, with a year-over-year rent change of -9.8%. Per bedroom, the median rent as of July '25 in Kerrville, TX is studios: $1,300, 1-bedrooms: $1,270, 2-bedrooms: $1,570, 3-bedrooms: $2,150, 4-bedrooms: $2,750. The most common rental property sizes in Kerrville, TX are 2-bedroom and 3-bedroom, accounting for 45.4% and 24.6% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,650 | $1,750 |
| Studio Rent | $1,300 | $1,300 |
| 1 Bed Rent | $1,160 | $1,270 |
| 2 Bed Rent | $1,460 | $1,570 |
| 3 Bed Rent | $2,100 | $2,150 |
| 4 Bed Rent | $2,500 | $2,750 |
% of Rental Stock
Property Listings — Kerrville, TX
As of Oct '25, Realtor.com reports that the median days on market for a home in Kerrville, TX is 88. This is a increase of 17.0% from last year, suggesting that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 21.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $464,000 | 2.0% |
Listing Count | 374 | 13.0% |
| Listings as % of Homes | 1.1% | 13.0% |
Days on Market | 88 | 17.0% |
Demographics — Kerrville, TX
As of the latest ACS Survey released in 2023, Kerrville, TX has a population of 40,800, which has remained stable by 0.9% over the past 5 years. Kerrville, TX is a moderately popular place for families, as children make up 17.9% of the population. The area has a moderately educated workforce, with 31.5% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 8.7% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 40,800 | 0.9% |
% Under 18 | 17.9% | -8.2% |
% Seniors | 30.2% | 7.9% |
% WFH | 8.7% | 93.3% |
% w/ College Degree | 31.5% | 19.8% |
As of the latest ACS Survey released in 2023, Kerrville, TX is a predominantly white area, with 69.1% of the population identifying as white. The white population has shrunk by 0.3% in the last 5 years. The second most common race or ethnicity in Kerrville, TX is hispanic, making up 25.6% of the population. Foreign-born residents account for 6.0% of the population in Kerrville, TX, and this percentage has increased by 13.2% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 69.1% | -0.3% |
% Black | 1.6% | -11.1% |
% Hispanic | 25.6% | -3.0% |
% Asian | 0.9% | 0.0% |
% Foreign Born | 6.0% | 13.2% |
Mortgage and Risk — Kerrville, TX
According to HUD data as of 2023, there were 487 mortgage originations in Kerrville, TX, of which 79.0% of loans were conventional mortgages. The average loan-to-value was 68.0%, with 26.0% above 90% LTV (very high). This implies large mortgage risk in Kerrville, TX. Investor activity is low, as 2.0% of loans were by investors. 13.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 487 |
% Conventional Loans | 79.0% |
% Government Loans | 21.0% |
% Investor Loans | 2.0% |
% Second Loans | 2.0% |
% Cash Out Refinance | 13.0% |
Loan Activity
Rentals and Section 8 — Kerrville, TX
Kerrville, TX lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 154 |
Total Units Section 8 | 140 |
% Rentals under Section 8 | N/A |
% Occupied Section 8 | 94.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | -$220 | $1,160 | $940 |
| 2 Bedroom | -$350 | $1,460 | $1,110 |
| 3 Bedroom | -$590 | $2,100 | $1,510 |
| 4 Bedroom | -$960 | $2,500 | $1,540 |
Affordability — Kerrville, TX
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 5.5 |
| Median Home Price | $345,000 |
| Median Household Income | $65,500 |