The story of this market
The typical home in ZIP 78118 sells for about $378,045, or $129 per square foot.
Homes take about 22 days to sell, which is fast. HUD's fair market rent for a two-bedroom is $1,143 a month.
ZIP 78118 — Karnes City
The 78118 housing market in Karnes City shows a median home price of $378,045. Many specific market metrics such as year-over-year price changes, sales counts, and tax rates are not currently published for this specific ZIP code. The area is characterized by a mix of older and newer housing stock with a higher-than-average vacancy rate.
This ZIP is suitable for those seeking lower-cost housing options compared to surrounding areas, though it features a higher-than-average vacancy rate.
Median prices moved sideways 0.0% year over year.
Homes spend a median of 22 days on market with 0.0 months of supply — a fast-moving market.
0% of listings have cut prices · homes sell at 0% of asking — demand is holding steady.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) — a stable, low-distress profile.
Researched annual trajectory for this ZIP, from published historical series
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical -0.8%/yr trend — a deterministic estimate, not a published forecast or guarantee.
The area faces standard regional climate risks for South Texas, including heat and potential storm-related wind exposure.
Economic momentum is tied to regional energy sector activity in Karnes County, with limited new large-scale infrastructure development reported.
Composed from the ARED governance burden registry — tier-native tax structure (state + county + city + special districts), never averaged. State (Texas) — Senior (65+) and Disabled Homestead Exemption and School Tax Ceiling: Grants an additional mandatory $10,000 exemption from ISD appraised value (Taxable Value_ISD = Appraised Value - $100,000 - $10,000) and establishes an absolute statutory tax freeze (school tax ceiling): total ISD property taxes cannot exceed the dollar ceiling established in the… State (Texas) — General Residence Homestead Exemption and 10% Valuation Growth Cap: Imposes mandatory state-level valuation deductions and growth limitations on the qualifying homestead: (1) Mandates a $100,000 deduction from appraised value for independent school district (ISD) maintenance and operations/debt taxation: Taxable Value_ISD = Appraised Value - $100… State (Texas) — Ad Valorem Real Property Taxation and Assessment Ratio: Mandates ad valorem appraisal of all real property at 100% of fair market value as of January 1 each tax year (Assessment Ratio = 1.00).
Commutes are primarily car-dependent, with residents typically driving to regional employment hubs within Karnes County.
Local recreation is centered on community parks and outdoor spaces within Karnes City, with limited large-scale commercial shopping districts.
Rentals in 78118 are most commonly 1 bedrooms.
The area includes one or more correctional facilities and nursing homes.
Transportation is entirely reliant on personal vehicles, with no public transit infrastructure serving the area.
No major large-scale commercial or residential developments are currently reported for this ZIP.
The Karnes County Appraisal District manages property assessments for all parcels within the county jurisdiction.
Parcels are subject to local school district taxes and county-level special district assessments.
Property insurance premiums are influenced by regional hazard exposure, including wind and storm risks common to South Texas.
Data sourced from US Census Bureau ZCTA-level reports and IncomeByZipCode.
Public schools whose reported address is in this area (NCES). Not attendance boundaries — schools that serve residents may sit outside it. Check the district's address locator for assignment.
- Joe Gulley Park4.66.4 mi
- Joe Gulley Park4.66.4 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area ranked by popularity within the radius shown.
Local community park serving the city residents.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.