78364
Kingsville, Texas
Kingsville 78364 needs watching.
The 78364 ZIP code in Kingsville, Texas has a median sale price of $565K, down N/A year-over-year. Homes spend an average of 55 days on market, with 0% of homes selling above list price.
Folio's PropIQ™ score of 27 signals Caution conditions. Elevated price drops and longer days on market indicate softening in 78364.
The Kingsville 78364 market shows stagnation with a median sale price of $565,000 holding flat year-over-year through September 2021. Properties average 55 days on market, indicating measured absorption rather than competitive urgency. Zero percent of homes sold above asking price, confirming absent bidding pressure. This pricing level appears elevated for Kingsville's broader market context, where typical single-family home values trend significantly lower, suggesting this ZIP captures premium or atypical inventory that isn't attracting immediate buyer action.
Buyers gain clear negotiating leverage in these conditions, with no competition driving premiums and nearly two months to conduct due diligence. The 0% above-ask metric means listing prices represent ceilings rather than starting points for negotiation. Sellers face unfavorable timing unless necessity drives the transaction, as flat appreciation and extended marketing periods indicate demand hasn't caught up to current valuations. Investors seeking cash-flow properties should scrutinize whether rental yields justify the $565,000 entry point given the stalled price momentum.
The PropIQ score of 27/100 signals caution, pointing toward continued weakness or potential price corrections ahead. Markets exhibiting flat growth combined with low intelligence scores historically precede either prolonged stagnation or downward repricing as sellers adjust expectations. Monitor absorption rates and any increases in inventory, which would further pressure the limited buyer demand evident in current metrics. This ZIP requires price discovery before establishing a sustainable equilibrium that attracts transaction velocity.
What is the median home price in 78364 Kingsville?
The median sale price in 78364 is $565K, down N/A year-over-year as of 2021-09-30.
How long do homes stay on the market in Kingsville 78364?
Homes in 78364 Kingsville spend an average of 55 days on market before going under contract.
Is Kingsville 78364 a good place to invest in real estate?
Folio's PropIQ™ score for 78364 is 27/100 — a Caution signal. 0% of homes sold above asking.
What does a PropIQ™ score of 27 mean for 78364?
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 27 = Caution in 78364 Kingsville, Texas.