Home Values

Kennedale Home Prices & Values

Zillow Home Value Index

The Zillow Home Value Index is the median Zestimate valuation for a given geographic area on a given day. Learn more

None

  • None 1-year change
  • None 1-year forecast

The median list price per square foot in Kennedale is $91, which is lower than the Dallas-Fort Worth Metro average of $101. The median price of homes currently listed in Kennedale is $248,990 while the median price of homes that sold is $208,958. The median rent price in Kennedale is $817, which is lower than the Dallas-Fort Worth Metro median of $1,285.

Foreclosures will be a factor impacting home values in the next several years. In Kennedale 4.2 homes are foreclosed (per 10,000). This is greater than the Dallas-Fort Worth Metro value of 3.9 and also greater than the national value of 4.0

Mortgage delinquency is the first step in the foreclosure process. This is when a homeowner fails to make a mortgage payment. The percent of delinquent mortgages in Kennedale is 4.1%, which is lower than the national value of 6.9%. With U.S. home values having fallen by more than 20% nationally from their peak in 2007 until their trough in late 2011, many homeowners are now underwater on their mortgages, meaning they owe more than their home is worth. The percent of Kennedale homeowners underwater on their mortgage is 11.1%, which is higher than Dallas-Fort Worth Metro at 10.4%.

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Relative ZHVI
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Kennedale Market Overview

Data through Sep 30, 2014
  • No data ZHVI
  • No data 1-yr forecast
  • $248,990 Median listing price
  • No recent data Median sale price
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Kennedale Market Health

Data through Sep 30, 2014
  • No recent data
  • No data Average days on Zillow
  • 11.1% Homes with negative equity (17.0% US Avg) (Jun 30, 2014)
  • 4.1% Delinquent on mortgage (6.9% US Avg) (Jun 30, 2014)

Homes foreclosed (per 10,000)

4.2 homes Kennedale
3.9 homes Dallas-Fort Worth Metro
4 homes United States
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US Metro Areas

Name Median ZHVI
Los Angeles Metro $531,000
New York Metro $381,600
Washington Metro $359,300
Name Median ZHVI
Miami-Fort Lauderdale Metro $205,200
Philadelphia Metro $202,700
Chicago Metro $188,200
Name Median ZHVI
Atlanta Metro $151,900
Houston Metro $150,300
Dallas-Fort Worth Metro $148,400

Listings & Sales

Data through Sep 30, 2014
  • $91 Median list price / sq ft
  • No recent data Median sale price / sq ft
  • 28.3% Listings with price cut
7.1%
Sold below listing
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Kennedale Rentals

Data through Sep 30, 2014
  • Zillow Rent Index

  • $1,508 Kennedale
    $1,416 Dallas-Fort Worth Metro
    $1,335 United States

    The Zillow Rent Index is the median Rent Zestimate valuation for a given geographic area on a given day. Learn more

  • 1.4 Breakeven horizon
    The breakeven horizon is the number of years after which buying is more financially advantageous than renting. Learn more
    (Jun 30, 2014)
  • No recent data Rent list price
  • No recent data Rent list price / sq ft
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