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Featured local agent — Keene, TX
Sarah Mitchell
Compass Real Estate · Keene, TX
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Keene, TX Housing Market & Real Estate
Housing market overview · Updated monthly ·
$265,185median sale price
How is the Keene, TX housing market right now?
The median home sale price in Keene, TX is $265,185, up 5.3% year-over-year. Homes sell in an average of 51 days with 33 active listings. The market is currently a buyer's market. (Source: Redfin monthly MLS data, as of May 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)
Is Keene a buyer's or seller's market?
Keene, TX is currently a buyer's market, based on 5.5 months of supply and homes selling in about 51 days. How we determine this →
Homes sold
6
Last 12 weeks
Days on market
51
Average pace
Active listings
33
5.5 months supply
Sale-to-list
95.9%
Below asking
What does the Keene housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $265,185 |
| Median list price | $300,000 |
| Year-over-year price change | +5.3% |
| Average days on market | 51 days |
| Active inventory | 33 listings |
| Months of supply | 5.5 months |
| Sale-to-list price ratio | 95.9% |
| Median price per sq ft | $145/sq ft |
| Homes sold (latest month) | 6 |
| New listings (latest month) | 10 |
| Listings with a price cut | 36.4% |
| Market condition | Buyer's market |
Source: Redfin · Updated monthly
How much do homes cost in Keene by property type?
How the Keene, TX market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $265,185 | $145/sq ft | 6 | 51 days |
| Townhouse | $193,000 | $150/sq ft | 1 | 95 days |
Source: Redfin · Updated monthly
The Keene housing market is currently classified as a buyer's market with a median sale price of $265,185. Prices have risen 5.3% compared to last year, with homes spending an average of 51 days on market, indicating 5.5 months of inventory.This inventory level gives buyers significantly more negotiating power, allowing time to inspect properties thoroughly and potentially negotiate better terms.The price-to-income ratio of 5.0x provides context for how home values compare to local earning capacity.
Homes for sale in Keene
There are currently 33 homes listed for sale in Keene, Texas. The median listing price is $300K.
Active listings
33
Homes on market
Median list price
$300K
Avg. days on market
51
Days until sale
New this week
10
Newly listed
Who lives in Keene?
Population
6,574
Median income
$50,796/yr
Median age
33.8 years
Owner-occupied
52.8%
College grads
25.6%
Avg commute
26.5 min
Source: U.S. Census Bureau ACS
What are homes worth in Keene?
Zillow home value
$255,562
Zillow rent index
$1,200/mo
Price-to-rent ratio
17.7x
Price-to-income
5.0x
Source: Zillow Research
What is it like to live in Keene?
Keene is a community of approximately 7K residents with a median age of 33.8 years.The median household income is $50,796, which represents a working-class community with solid middle-income opportunities. 25.6% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.
Homeownership rates are at 52.8%, showing a blend of owner and renter-occupied properties. The average commute time is 26.5 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Keene offers a balanced lifestyle with accessible home values relative to local income levels.
Which public schools serve Keene?
4 schools tracked · 1,097 students
The largest public schools serving Keene, TX by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.
KEENE H S
Grades 9-12 · 367 students
KEENE J H
Grades 6-8 · 261 students
KEENE EL
Grades PK-2 · 259 students
THE SUMMIT LEADERSHIP ACADEMY
Grades 3-5 · 210 students
Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.
Which cities are near Keene, TX?
Want a head-to-head view? Compare Keene side-by-side with any other U.S. city using our market-comparison tool.
Is Keene a good real estate investment market?
For investors evaluating Keene, the price-to-rent ratio of 17.7x indicates higher purchase prices relative to rental income, typical of appreciation-focused markets. The market has appreciated 5.3% year-over-year, reflecting ongoing demand and value growth.Use our rent vs. buy calculator to analyze whether owning or renting makes more financial sense based on Keene's current market conditions and your specific situation. Estimate your monthly payment with the mortgage calculator using Keene's median home price.
Frequently asked questions
What is the average home price in Keene?
The median home sale price in Keene is $265,185, up 5.3% from last year.
How long do homes stay on market in Keene?
Homes typically spend 51 days on market before going under contract.
What is the median income in Keene?
The median household income is $50,796 per year.
Is Keene a buyer's or seller's market?
With 5.5 months of supply, Keene is currently a buyer's market.
What is the Zillow home value estimate for Keene?
The Zillow Home Value Index (ZHVI) for Keene is $255,562, representing the typical home value in the area.
How much does a single-family home cost in Keene?
The median single-family home price in Keene, TX is $265,185 (about $145 per square foot).
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