Gillett, TX 78116 housing market
Data through Sep 2026 · Seller's market · leverage 72
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Buyer Leverage Score
72
Mar 2026
Months of Supply
3.1 months
Sep 2023
Days on Market
16 days
Sep 2026
Price Cut %
0.0%
Sep 2026
Sale-to-List Ratio
90.0%
Sep 2023
Expected Disaster Loss
$128
Dec 2025
What this means
- Supply. Listings are 100% below the 2017-19 norm and falling (−50% vs. a year ago): still a tight market.
- Negotiating. Buyer leverage is high (72/100; U.S.: 54) (as of Mar 2026): homes sell for about 10.0% below their final list price (as of Sep 2023); 0% of listings had a price cut (U.S.: 26%).
- Disaster risk. FEMA expects about $128 a year in natural-disaster damage per $100k of building value (U.S.: $155), mostly from flooding.
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Other ZIP codes in Karnes County, TX
| Area | Home value | 1-year change | Buyer leverage |
|---|---|---|---|
| Kenedy, TX 78119 | $183.6K | −3.5% | 52 |
| Karnes City, TX 78118 | $194.4K | −0.3% | 49 |
| Runge, TX 78151 | $165.9K | −4.5% | 100 |
| Hobson, TX 78117 | – | – | 23 |
| ZIP 78144 | – | – | – |
| ZIP 78111 | – | – | – |