78028
Kerrville, Texas
Kerrville 78028 needs watching.
The 78028 ZIP code in Kerrville, Texas has a median sale price of $315K, down -12.4% year-over-year. Homes spend an average of 105 days on market, with 1% of homes selling above list price.
Folio's PropIQ™ score of 41 signals Caution conditions. Elevated price drops and longer days on market indicate softening in 78028.
The Kerrville 78028 market has shifted decisively into buyer territory, with the median sale price settling at $315,000 after a sharp 12.4% year-over-year decline. Properties are averaging 105 days on market, triple the pace of competitive Texas markets, while only 1% of homes command above-ask offers. This data reflects a fundamental recalibration from the pandemic-era pricing peak, with sellers now absorbing meaningful discounts to secure transactions in what has become a negotiation-driven environment.
Patient buyers with financing secured gain maximum leverage in this configuration. The 105-day market time creates room for inspection contingencies, repair negotiations, and methodical due diligence without competitive pressure. Investors seeking cash-flowing rentals can model conservative appreciation assumptions given the 12.4% correction, while sellers facing timeline pressure should anticipate 90-plus day holding costs and potential list price revisions to align with the single-digit above-ask close rate.
The PropIQ score of 41 signals continued price discovery ahead, suggesting the correction hasn't fully stabilized. Buyers should monitor months-of-inventory trends and subsequent quarterly price movements before assuming a floor. Sellers entering this market must price at or below recent comparables immediately, as the 105-day average indicates overpriced listings are being systematically bypassed. Watch for inventory accumulation patterns through Q2 2026 as the leading indicator for further downward pressure.
What is the median home price in 78028 Kerrville?
The median sale price in 78028 is $315K, down -12.4% year-over-year as of 2026-02-28.
How long do homes stay on the market in Kerrville 78028?
Homes in 78028 Kerrville spend an average of 105 days on market before going under contract.
Is Kerrville 78028 a good place to invest in real estate?
Folio's PropIQ™ score for 78028 is 41/100 — a Caution signal. 1% of homes sold above asking.
What does a PropIQ™ score of 41 mean for 78028?
PropIQ™ is Folio's proprietary market score combining price momentum, days-on-market velocity, inventory absorption, and investment signals into a 0–100 number. Score of 41 = Caution in 78028 Kerrville, Texas.