Kemp Home Values

While Kaufman County's price per square foot held effectively flat against Kemp's own $162 median this quarter, the two markets are pulling apart everywhere else. Based on MLS data for 2026-07 closings in Kemp, roughly a quarter of closed sales still carried a concession, a rate barely a third of the county's roughly two-in-three share — sellers here are giving back less, even as the broader county negotiates harder. Nothing sold above list again this quarter, continuing the pattern from June, while the share closing below asking eased to roughly thirty-seven percent from about half. With just over fifty closings, the sample is thinner than the county's, so the comparison should be read directionally rather than definitively.

Trailing Kaufman County's new-listing pace relative to active stock, Kemp's pipeline is absorbing pending contracts at a rate only modestly slower than the county's own. Months of available supply here run roughly four months longer than the county benchmark — a gap the pipeline confirms rather than resolves. Active listings continue to outnumber pending contracts by a wide margin, though not dramatically wider than Kaufman County's own imbalance, suggesting Kemp is riding the same regional overhang rather than facing a uniquely local one. The slower new-listing pace offers a partial brake against further buildup.

For the first time in the recent quarter, not a single closed sale in Kemp settled above list — a meaningful signal of where seller leverage stands in this market. Based on MLS data for 2026-06 closings in Kemp, roughly half of all transactions finalized below asking, and sellers who did offer concessions gave back nearly ten thousand dollars on average, up sharply from the annual average. The list-to-sale ratio is holding near 95 cents received, but the directional story is in the concession amounts: when sellers negotiate, the gap has widened. Taken together, the data suggests that pricing discipline has become more consequential for sellers in Kemp.

Supply conditions in Kemp have eased modestly from their recent peak — months of available inventory has pulled back from a stretch above fifteen months toward the twelve-to-thirteen-month range — but the imbalance remains substantial. With roughly 220 active listings against only about 30 pending contracts, absorption remains slow and the pipeline offers little near-term pressure on that overhang. New listing flow continues to outpace demand, keeping supply elevated. Until pending activity accelerates relative to active stock, the conditions supporting buyer leverage in Kemp are likely to persist into the summer months.

Kemp's price per square foot came in about 2% above the Kaufman County benchmark in the latest trailing quarter — a modest premium for a market where the annual trajectory has moved decidedly downward. Based on MLS data for 2026-05 closings in Kemp, sellers gave back roughly five cents on the dollar at closing, with the list-to-sale ratio landing just below 95 cents received. More than half of closed transactions settled below list, a notably higher share than the county average. The annual price trend reflects a decline approaching 5%, underscoring that sellers in this market have been absorbing meaningful price adjustments over the past year.

Kemp's supply picture diverges sharply from the broader Kaufman County market — with roughly 14 months of supply compared to under 10 countywide, the pipeline here signals a more pronounced buyer-favorable imbalance. Active inventory stands well above what pending contracts suggest can be absorbed, with pending activity representing only a small fraction of available listings. New listing volume relative to demand keeps the supply overhang elevated. Until pending counts close the gap with active stock, the conditions that have driven downward price pressure in Kemp appear unlikely to shift.