Explore Similar Condos Within 25 Miles of Kermit, TX
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Why Live in Kermit
Kermit, a neighborhood with deep ties to the oil and gas industry, has evolved significantly since its early days as a ranching town. The discovery of oil in the Hendrick field in 1926 spurred a population boom, resulting in a diverse array of homes and businesses. Today, Kermit features a mix of older homes from the 1950s, including tiny houses with dried-up lawns, small stucco and brick veneer homes, and larger ranch-style properties with ample space for RVs and off-road vehicles. The downtown area offers a variety of dining options, from family-style restaurants like Chaotic Wings and Poor Daddy’s Smokehouse to fast-food chains. Local shopping includes hardware and electronic retailers, with groceries available at Lowe’s Market, Dollar General, and Allsup’s. Recreational opportunities abound with the nine-hole Winkler County Golf Course, several parks, and the Senior Citizens Recreation Center. Kermit is also known for its annual Celebration Days in September, featuring live music, food vendors, and family-friendly activities. The neighborhood is safer than the national average, providing a low crime risk environment. Major roads connect Kermit to nearby destinations, with the New Mexico border just 10 miles north and Odessa 45 miles east.
Home Trends in Kermit, TX
On average, homes in Kermit, TX sell after 93 days on the market compared to the national average of 50 days. The median sale price for homes in Kermit, TX over the last 12 months is $179,999, up 7% from the median home sale price over the previous 12 months.
Housing Trends
Median Sale Price
$179,999
Median Single Family Sale Price
$190,000
Average Price Per Sq Ft
$123
Number of Homes for Sale
10
Last 12 months Home Sales
34
Months of Supply
3.50
Median List Price
$202,450
Median Change From 1st List Price
1%
Median Home Sale Price YoY Change
7%