Published October 11, 2026 in Market Update

Kemah inventory is down, but more homes are still getting sold

By Lisa Marie Sanders

Real estate, Kemah, TX

If you own a home in Kemah, here is the one fact that changes what you should know right now. The Real Estate Data Aggregator counted only 66 homes for sale in ZIP 77565 during the three months ending August 31, 2026. That is down 27.5% from the same months in 2025. Fewer choices. Same buyers. Deals still getting made.

Here is what makes that number matter. Pending sales did not fall with inventory. The Real Estate Data Aggregator counted 53 pending sales in ZIP 77565, up 55.9% from a year before. Buyers are still committing. They just have less to pick from.

More sales, faster closings

The Real Estate Data Aggregator counted 44 homes sold in ZIP 77565 during the three months ending August 31, 2026. That is up 18.9% from the same period in 2025. Not every home sold fast, but the median days on market fell 29 days shorter than a year ago, landing at 91 days.

Prices are holding, not surging

The Real Estate Data Aggregator put the median sale price in ZIP 77565 at $346,335 for the three months ending August 31, 2026. That is up 3.8% from the same months in 2025. For context, the Federal Housing Finance Agency reported U.S. house prices rose 2.6% from July 2025 to July 2026. Kemah is running a little ahead of that national pace.

Homes are selling close to what sellers ask. The Real Estate Data Aggregator put the average sale price at 98.2% of list price, up 0.6 points from a year ago. Only 6.8% of homes sold above list, down 1.3 points. Most deals land just under asking.

The rate picture is harder

Rates are not helping buyers. CNBC reported the average contract rate on a 30-year fixed mortgage rose to 7.49% in the week ending October 7, 2026. Realtor.com reported rates topped 7% for the first time since January 2025. CNBC also noted mortgage purchase applications were 15% lower than the same week one year ago. Higher rates are keeping some buyers on the sideline. The ones still active in Kemah are serious.

Nationally, Realtor.com reported price cuts hit 20.8% of listings in September 2026, the highest share since October 2022. That is a national story. In Kemah, the Real Estate Data Aggregator shows sellers getting 98.2% of list. The two pictures do not always match.

New listings are also falling

The Real Estate Data Aggregator counted 54 new listings in ZIP 77565 during the three months ending August 31, 2026. That is down 16.9% from a year before. Fewer sellers are coming to market. That keeps supply tight and gives the homes that do list a cleaner field.

One street in Kemah can read very differently from the whole ZIP code. A block closer to the waterfront, or one further inland, can have its own pace and its own price. The numbers above are the full picture for 77565. Your block may be a different story.