Real Estate Market Update for 75143 (Kemp, TX)

Video: Real Estate Community Tour for 75143 (Kemp, TX)

See Real estate community tour for 75143 (Kemp, TX)
Welcome to February's Market Update,. Let’s take a look at residential real-estate activity in your area during the month of February. The number of active listings was up 3% from one year earlier, and up 9% from the previous month. This continued upward trend reflected a healthy inventory for buyers to choose from. As you can see, the median listing price for the month was just under 180-thousand dollars. Compared to last year, the average number of days units spent on the market before being sold was down 65%. This lower number of days may signal a positive trend in the local inventory-turnover rate. The median sale price was just over 80-thousand dollars. The number of units sold increased 13% year-over-year, and increased 80% month-over-month. These figures may indicate that buyers have been taking advantage of opportunities in this market. Thanks for watching. We hope you use this information to make smart, informed decisions in your upcoming real-estate transactions. Feel free to contact us for more information or further assistance.
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Map Information for 75143 (Kemp, TX)
Area Information for 75143 (Kemp, TX)
  • Population: 14,024
  • Median Age: 44.25 yr
  • Median Commute Time: 49.06 mins
  • Educational Climate*: 2
  • Sales Tax: 7.25%
  • Population Density: 79/sq mi
  • Population Change Since 2000: 9.98%
  • Closest Airport: Dallas Love Field
  • Closest College: Southwestern Christian College
  • Closest Jr. College: Navarro College
  • Median Household Income: $41,792
  • Annual Residential Turnover: 19.56%
  • Median Years in Residence: 2.56 yr
  • Closest Major Sports Team: Dallas Stars
  • Change Avg. Household Income Since 2000: 16%
* Scale from 1-5  ** Index where 100 is the national average
Demographic Data for 75143 (Kemp, TX)
Median Age: 44.25 Married: 35% Number of Households: 5,563 Households with Children: 1,492
Community:
    • Occupancy Types
      • 3599 Vacant
      • 8822 Owned
      • 12512 Rented
    • Transportation to Work
      • 43% Drive
      • 47% Public Transportation
      • 8% Walk / Bike / Other
      • 8% Work at Home
    National Index Comparisons:
    (100 National Average)
      • Population By Sex(%)
        • 50% Male
        • 50% Female
      • White/Blue Collar Jobs
        • 50% White Collar
        • 50% Blue Collar
      School Data for 75143 (Kemp, TX)

      School Name Distance Type Grades GreatSchools Rating Parent Rating
      Tool Elementary School 5.5 mi Public PRESCHOOL-5 4-5 3
      Kemp Intermediate School 7.6 mi Public 3-5 2 2
      Kemp Alternative School 7.6 mi Public 6-12 0 3
      Kemp High School 7.8 mi Public 9-12 1 0
      Kemp Primary School 8.2 mi Public PRESCHOOL-2 0 3
      Proximity to listed schools and their school district(s) does not guarantee enrollment eligibility. Please contact a local real estate professional or the local school district(s) for the most current information relating to schools in the area. Sources: GreatSchools.org and Onboard Informatics © 2015
      Local Weather for 75143 (Kemp, TX)
        Community information and market data Powered by Onboard Informatics. Copyright ©2015 Onboard Informatics. Information is deemed reliable but not guaranteed. * Based on a 30-year fixed rate of 4.75% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.