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Featured local agent — Knippa, TX
Sarah Mitchell
Compass Real Estate · Knippa, TX
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Knippa, TX Housing Market
The last median sale price Redfin published was $105,000 (through May 2026). With 2.0 months of supply and homes going under contract in about 163 days, Knippa is a balanced market. At today's 7.03% 30-year fixed rate, 20% down on a $105,000 home is about $561/mo in principal and interest.
Key numbers for Knippa, TX
Median sale price
$105,000
Last published period
Redfin, through December 2024
Days on market
163
Slow-moving
Redfin, through December 2024
Active listings
2
2.0 months of supply
Redfin, through December 2024
30-yr fixed rate
7.03%
Freddie Mac weekly average
Freddie Mac via FRED, September 2026
Median household income
$73,212
Home costs 1.4x income
U.S. Census ACS, 2023
Sale-to-list ratio
70.0%
Selling below asking
Redfin, through December 2024
Zillow figures refresh monthly. Redfin figures are through May 2026 — Redfin stopped publishing its public market trackers in June 2026, so those numbers are final, not current. Mortgage rates come from Freddie Mac via FRED and update weekly.
Is Knippa a buyer's or seller's market?
Knippa, TX is a balanced market, based on 2.0 months of supply and homes selling in about 163 days. Under 4 months of supply tilts the market toward sellers: homes clear faster than they are replaced, so concessions are scarce.
Inputs are Redfin's final published period (May 2026). How we classify markets · Where the data comes from
What does the Knippa housing market data show?
Every row below is Redfin's final published month for Knippa, TX. Redfin, through December 2024
| Metric | Value |
|---|---|
| Median sale price | $105,000 |
| Median price per sq ft | $54/sq ft |
| Median days on market | 163 days |
| Active inventory | 2 listings |
| Months of supply | 2.0 months |
| Sale-to-list price ratio | 70.0% |
| Homes sold (that month) | 1 |
| Market condition | Balanced market |
How to read these numbers
- Median sale price
- Half the homes that closed sold for more than this, half for less. It moves with what kind of home sold that month, so a quiet month with two big sales can swing it. Redfin's figure for Knippa is frozen at May 2026.
- Typical home value (ZHVI)
- Zillow's estimate of what a mid-market home in Knippa is worth right now, whether or not it sold. It is smoother than the median sale price and it still refreshes monthly, which is why this page leads with it.
- Months of supply
- How long it would take to sell every active listing at the current pace. Under 3 favors sellers, over 6 favors buyers, and 3 to 6 is the balanced band.
- Days on market
- Median time from listing to accepted offer. Short means you should have financing ready before you tour; long means there is room to negotiate on price and repairs.
- Sale-to-list ratio
- Sale price divided by the last asking price. Above 100% means bidding above asking is normal here; below 100% means the typical buyer got a discount.
- Price per square foot
- The size-adjusted price. Use it to compare a 1,400 sq ft house to a 2,600 sq ft house, not to value your own home — lot, condition and age move it a lot.
- Listings with a price cut
- Share of active listings that dropped their asking price in the month. A high share is the earliest visible sign that sellers are ahead of what buyers will pay.
- Typical asking rent (ZORI)
- Zillow's repeat-rent index for asking rents on new leases. Paired with the home value it gives the price-to-rent ratio in the rent-vs-buy section below.
How have Knippa home prices moved?
Across the 6 months we hold for Knippa, TX, the median sale price fell 11.7%, from $118,900 in April 2021 to $105,000. For prices to fall meaningfully from here, supply would have to keep building past 2.0 months while the sale-to-list ratio slips below its current 70.0%. Watch those two together — they move before the median does.
Redfin, through December 2024 — the chart ends at Redfin's final published month.
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What does it cost to buy a home in Knippa?
Priced off the median sale price of $105,000 at the current 7.03% 30-year fixed rate. These are principal and interest only — property taxes, homeowner's insurance, HOA dues and mortgage insurance are on top, and they vary enough by property that we will not guess them for you.
| Down payment | Cash at close | Loan amount | Monthly P&I |
|---|---|---|---|
| 20% | $21,000 | $84,000 | $561/mo |
| 5% | $5,250 | $99,750 | $666/mo |
Redfin, through December 2024 for the price · Freddie Mac via FRED, September 2026 for the rate
What income do you need?
Lenders generally want housing costs under 28% of gross income. On the 20%-down payment of $561, that implies roughly $24,023 a year before you add taxes and insurance. The median household in Knippa earns $73,212, about $49,189 more than that threshold — the typical local household clears the payment on a typical local home with 20% down. That puts the price-to-income ratio at 1.4x — close to the historical 3x norm, which is unusual in 2026.
Run it with your own numbers: affordability calculator · mortgage calculator
Buying in Knippa in the next 12 months?
Tell us your timeline. We send the Knippa market brief: the price ranges that actually clear, how long homes sit, and what to fix on your credit before you apply.
Is it cheaper to rent or buy in Knippa?
Zillow does not publish a rent index (ZORI) for Knippa, TX, so we cannot compute a price-to-rent ratio here without borrowing a nearby market's rents and calling them local — which we will not do. The rent vs. buy calculator works with a rent figure you supply.
Is inventory rising or falling in Knippa?
Active listings in Knippa, TX went from 1 in April 2021 to 2 in December 2024, a +100.0% change. Rising inventory is the single most useful leading indicator for buyers: more choice, longer marketing times, and more sellers willing to negotiate before price cuts show up in the median.
| Month | Active listings | New listings |
|---|---|---|
| April 2021 | 1 | 1 |
| September 2021 | 2 | not published |
| February 2023 | 3 | 1 |
| September 2023 | 2 | not published |
| December 2024 | 2 | not published |
Redfin, through December 2024
How does Knippa compare to Texas and the U.S.?
Knippa homes sell for $105,000 — 71% below the Texas median of $356,100. Against the national median of $410,700, Knippa runs 74% lower.
| Market | Median sale price | YoY | Days on market |
|---|---|---|---|
| Knippa, TX | $105,000 | not published | 163 days |
| Texas statewide | $356,100 | +2.1% | 56 days |
| United States | $410,700 | not published | not published |
City and state rows: Redfin, through December 2024 · U.S. row: Freddie Mac via FRED, April 2026 (MSPUS, quarterly)
What to do next in Knippa
What buyers should watch
- Months of supply, currently 2.0. It turns before price does — when it climbs past 6, sellers start taking offers they would have rejected a quarter earlier.
- The gap between 5% and 20% down here is $105 a month in principal and interest alone, before mortgage insurance. That gap, not the price, is usually what decides your timeline.
- Rate moves. At 7.03%, every full point of rate change moves the payment on a $105,000 home more than a 5% price change does.
- Your credit tier before you shop, not after — it sets the rate you are quoted. Run your numbers first.
What sellers should know
- The median Knippa listing goes under contract in 163 days. If yours passes that mark, the market is telling you the price is wrong — not that you need more showings.
- Homes here close at 70.0% of asking. Price to that ratio from day one rather than chasing the market down in cuts.
- Comparable ZIP-level pricing inside Knippa varies more than the citywide median suggests — check the ZIP pages below before you set a number.
Homes for sale in Knippa
There are currently 2 homes listed for sale in Knippa, Texas.
Active listings
2
Homes on market
Avg. days on market
163
Days until sale
How much do homes cost in Knippa by property type?
How the Knippa, TX market breaks down across single-family homes, condos and townhouses. Redfin, through December 2024
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $105,000 | $54/sq ft | 1 | 163 days |
Who lives in Knippa?
American Community Survey estimates for Knippa. U.S. Census ACS, 2023
Population
997
Households
275
Median income
$73,212/yr
Median age
39.1 years
Owner-occupied
81.8%
Median home value
$176,400
Mean commute
18.3 min
81.8% of occupied homes in Knippa are owner-occupied, and the rest are rented — which is the share that decides how much of the local housing stock ever reaches the for-sale market.
Which public schools serve Knippa?
1 schools tracked · 398 students
The largest public schools serving Knippa, 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.
KNIPPA SCHOOL
Grades PK-12 · 398 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 Knippa, TX?
Ordered by distance from Knippa, not by size. Compare Knippa side by side with any of them.
Knippa housing market FAQ
Is Knippa a buyer's or seller's market?
Knippa, TX is currently a balanced market. That read comes from 2.0 months of supply, homes going under contract in about 163 days, and sellers getting 70.0% of their asking price in the last month Redfin published (May 2026).
How much do homes cost in Knippa?
The median sale price in the last month Redfin published was $105,000, about $54 per square foot.
Is Knippa cheaper than the rest of Texas?
Knippa's median sale price of $105,000 is 71% lower than the Texas statewide median of $356,100, and 74% below the U.S. median of $410,700. Both figures are for the same period.
How long do homes take to sell in Knippa?
Homes in Knippa, TX spent a median of 163 days on market before going under contract, versus 56 days statewide. Over two months means buyers have time to inspect, compare and negotiate. (Redfin, through May 2026.)
What income do you need to buy a home in Knippa?
At the current 30-year fixed rate of 7.03%, 20% down on a $105,000 home is about $561 a month in principal and interest. Lenders typically want that under 28% of gross income, which works out to roughly $24,023 a year before taxes, insurance, HOA dues or mortgage insurance. The local median household income is $73,212.
Are home prices rising in Knippa?
We do not hold a complete 12-month value series for Knippa, TX yet, so we are not going to call a direction. The price chart above shows every period we do have.
What are the cheapest ZIP codes in Knippa?
Knippa ZIP-level sale prices are not all published for the same period, so ranking them would compare different months. The ZIP pages listed on this page show what we hold for each one individually.
Is now a good time to buy in Knippa?
That depends on your timeline, not on a headline. What the data says today: Knippa, TX is a balanced market with 2.0 months of supply, the 30-year fixed rate is 7.03%. Properties Incorporated publishes the data; it does not give financial advice.
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One email: what homes are actually clearing at around $105,000, how long they sit, which ZIPs run cheaper, and what to fix on your credit before you apply.