78385
Kingsville, Texas
Kingsville 78385 needs watching.
The 78385 ZIP code in Kingsville, Texas has a median sale price of $438K, down N/A year-over-year. Homes spend an average of 50 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 78385.
The Kingsville 78385 market shows stagnation with a median sale price of $438,000 holding flat year-over-year as of November 2020. Properties are moving at a measured pace, averaging 50 days on market, while zero homes are selling above asking price. This complete absence of bidding wars indicates buyers face no competition and possess full negotiating leverage. The market lacks the urgency and upward momentum seen in appreciating submarkets across Texas.
These conditions favor patient buyers with financing secured who can negotiate aggressively on price and terms. The 50-day absorption period and 0% above-ask sales rate create space for inspection contingencies and seller concessions that would be impossible in competitive markets. Investors seeking cash flow over appreciation should proceed cautiously given the flat pricing, while sellers face a difficult environment with no buyer urgency to drive premium pricing or quick closings.
The PropIQ score of 27 signals significant caution, suggesting underlying market weakness that extends beyond typical seasonal patterns. With no price appreciation and zero competitive tension among buyers, this market risks entering a declining phase if economic conditions soften or inventory increases. Prospective participants should monitor monthly inventory levels and employment data from the Naval Air Station Kingsville, as military installation activity often drives local real estate demand in this market.
What is the median home price in 78385 Kingsville?
The median sale price in 78385 is $438K, down N/A year-over-year as of 2020-11-30.
How long do homes stay on the market in Kingsville 78385?
Homes in 78385 Kingsville spend an average of 50 days on market before going under contract.
Is Kingsville 78385 a good place to invest in real estate?
Folio's PropIQ™ score for 78385 is 27/100 — a Caution signal. 0% of homes sold above asking.
What does a PropIQ™ score of 27 mean for 78385?
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 78385 Kingsville, Texas.