Real Estate Market Update for 78028 (Kerrville, TX)
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Welcome to May's Market Update,. Let’s take a look at residential real-estate activity in your area during the month of May. The number of active listings was up 2% from one year earlier, and down 7% from the previous month. Even so, buyers still enjoyed a greater selection of homes today than they did one year ago. As you can see, the median listing price for the month was just over 290-thousand dollars. Compared to last year, the average number of days units spent on the market before being sold was up 6%. This higher number of days may signal a slowdown in the local inventory-turnover rate. The median sale price was just under 220-thousand dollars. The number of units sold increased 44% year-over-year, and increased 18% 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.
Map Information for 78028 (Kerrville, TX)
Area Information for 78028 (Kerrville, TX)
  • Population: 39,302
  • Median Age: 46.26 yr
  • Median Commute Time: 13.62 mins
  • Educational Climate*: 3
  • Sales Tax: 6.75%
  • Population Density: 157/sq mi
  • Population Change Since 2000: 14.83%
  • Closest Airport: San Antonio International
  • Closest College: Schreiner University
  • Closest Jr. College: Northwest Vista College
  • Median Household Income: $43,859
  • Annual Residential Turnover: 16.1%
  • Median Years in Residence: 3.58 yr
  • Median Home Sales Price: $146,638
  • Closest Major Sports Team: San Antonio Missions
  • Change Avg. Household Income Since 2000: 29%
* Scale from 1-5  ** Index where 100 is the national average
Demographic Data for 78028 (Kerrville, TX)
Median Age: 46.26 Married: 42% Number of Households: 16,290 Households with Children: 3,932
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 78028 (Kerrville, TX)

      School Name Distance Type Grades GreatSchools Rating Parent Rating
      K C J D C 0.6 mi Public 4-12 0 0
      Tivy High School 0.7 mi Public 9-12 3-5 2
      Daniels Elementary School 0.8 mi Public K-5 4 3
      Early Childhood Program 1.9 mi Public PRESCHOOL-PRESCHOOL 0 0
      Kerrville Disciplinary Alternative School 2.0 mi Public 5-12 0 0
      B T Wilson Sixth Grade School 2.0 mi Public 6-6 4 3
      St Peter's Episcopal School 2.0 mi Private PRESCHOOL-K 0 0
      Notre Dame Catholic School 2.1 mi Catholic PRESCHOOL-8 0 4
      Our Lady Of The Hills Regional Catholic School 2.1 mi Catholic 9-12 0 4
      Grace Christian School 2.4 mi Private 1-12 0 0
      Hill Country High School 2.4 mi Public 11-12 0 3
      Peterson Middle School 2.5 mi Public 7-8 4-5 3
      Nimitz Elementary School 2.6 mi Public K-5 4-5 4
      Holy Cross Lutheran School 3.2 mi Private PRESCHOOL-5 0 0
      Starkey Elementary School 3.9 mi Public K-5 3-5 5
      Hill Country Seventh Day Adventist 4.0 mi Private K-8 0 3
      Fred H Tally Elementary School 5.1 mi Public K-5 4-5 5
      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 © 2014
      Local Weather for 78028 (Kerrville, TX)
        Community information and market data Powered by Onboard Informatics. Copyright ©2014 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.