Analytics built by: Location, Inc.
Raw data sources: American Community Survey (U.S. Census Bureau), U.S. Department of Housing and Urban Development, Federal Housing Finance Agency.
Methodology: NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more about Scout's Real Estate Data
With a population of 1,235, 443 total housing units (homes and apartments), and a median house value of $365,487, Kempner real estate prices are well above average cost compared to national prices.
Single-family detached homes are the single most common housing type in Kempner, accounting for 63.37% of the city's housing units. Other types of housing that are prevalent in Kempner include mobile homes or trailers ( 35.19%), duplexes, homes converted to apartments or other small apartment buildings ( 1.44%).
Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Kempner. Owner-occupied housing accounts for 73.81% of Kempner's homes, and 75.72% have either three or four bedrooms, which is average sized relative to America.
There is a lot of housing in Kempner built from 1970 to 1999 so parts of town may have that "Brady Bunch" look of homes popular in the '70s and early '80s, although some of these houses were built up through the early '90s as well. There is also a lot of housing in Kempner built between 2000 and later ( 24.07%). A lesser amount of the housing stock also hails from between 1940-1969 ( 8.23%).
In the last 10 years, Kempner has experienced some of the highest home appreciation rates of any community in the nation. Kempner real estate appreciated 124.90% over the last ten years, which is an average annual home appreciation rate of 8.44%, putting Kempner in the top 20% nationally for real estate appreciation. If you are a home buyer or real estate investor, Kempner definitely has a track record of being one of the best long term real estate investments in America through the last ten years.
Over the last year, Kempner appreciation rates have trailed the rest of the nation. In the last twelve months, Kempner's appreciation rate has been 3.50%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Kempner were at -0.83%, which equates to an annual appreciation rate of -3.28%.
Notably, Kempner's appreciation rate in the latest quarter is one of the lowest in America.
Relative to Texas, our data show that Kempner's latest annual appreciation rate is lower than 60% of the other cities and towns in Texas.
$365,487
for Texas
for nation
443
$1,447 / per month