Keene, TX Housing Market — 121 Homes Sold (September 2025 – September 2026)

Q: What does the typical Keene home cost?

The typical Keene home sold for $262,990 (about $157 per square foot) over the last twelve months.

Q: How fast do homes sell in Keene?

The typical Keene home went under contract in 49 days; 13.2% sold within the first week.

The edge goes to buyers: homes typically take 49 days and only 16.5% beat their asking price.

Keene market at a glance

Homes sold (12 months): 121
Median sale price: $262,990 (about $1,496/month with 10% down at a 6.5% 30-year rate, principal & interest)
Median price per square foot: $157
Median days on market (list to contract): 49; 13.2% went under contract within a week
Sold over asking: 16.5% · Sold under asking: 47.1%
Typical home: 4 bed, 1,720 sqft, built 2025, mostly Keene ISD
Price range of sales: $61,500 – $475,000
On the market right now: 47 active listings, 16 under contract, 4.7 months of supply, median asking $275,990
How buyers paid: Conventional 18.2%, FHA 60.3%, VA 6.6%, Cash 9.9%, Other 5%
Seller contributions: 85.1% of sellers chipped in, typically $5,525
Contract to close: about 31 days
HOA: 64.5% of sales had a mandatory HOA, typically $33/month
New construction: 63.6% of sales, median $262,990 vs $260,500 resale

Five-year price history in Keene

Median sale price by quarter: 2022 Q1: $243,500 · 2023 Q1: $349,990 · 2024 Q1: $285,975 · 2025 Q1: $248,499 · 2026 Q1: $288,445 · 2026 Q3: $264,290.

Median price by elementary school zone

Keene: 107 sales, median $262,990, $154/sqft
Plum Creek: 9 sales, median $295,000, $168/sqft

Pricing right vs. cutting the price in Keene

Sellers who held their original asking price sold in 25 days at 100% of ask. Sellers who overpriced and later cut took 69 days and kept 95.9% of the original ask — roughly $11,200 left on the table on a typical Keene listing.

Most active Keene neighborhoods

The Canyons: 45 sales, median $287,990, 78 days on market
Ashton Homeplace: 31 sales, median $242,499, 15 days on market
Hillcrest Keene: 10 sales, median $283,000, 59 days on market

Nearby markets

Burleson · Cleburne · Godley · Joshua · Alvarado · Venus · Grandview · Rio Vista

Common questions

Is now a good time to buy in Keene? The edge goes to buyers: homes typically take 49 days and only 16.5% beat their asking price.

What does the typical Keene home cost? $262,990 — about $157 per square foot, or roughly $1,496/month with 10% down before taxes and insurance.

How fast do homes sell in Keene? The typical home went under contract in 49 days; 13.2% sold within the first week.

Source: NTREIS MLS closed sales, September 3 2025 – September 3 2026. Aggregate data only — Texas is a non-disclosure state. Compiled by Pax Realty (Ryan Storch, Broker). Explore all 186 cities · Full dataset · Book a strategy call · Call/text (972) 974-1821.