Irving, TX—75039
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Irving, TX
As of Oct '25, the median home price in Irving, TX is $632,000, with a year-over-year change of -0.8%. This indicates that home prices in Irving, TX are flat. According to Zillow, the 1-year price projection is -0.1%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $632,000 | -0.8% |
| Single Family | $674,000 | -1.5% |
| Condos | $386,000 | -0.8% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $398,000 | -2.2% |
3 Bed | $570,000 | -0.5% |
4 Bed | $755,000 | -1.9% |
| 5 Bed | $901,000 | -2.8% |
% of Housing Stock
Rental Trends — Irving, TX
As of July '25, Rentcast reports the average rent in Irving, TX is $2,190, with a year-over-year rent change of 11.2%. Per bedroom, the median rent as of July '25 in Irving, TX is studios: $1,520, 1-bedrooms: $1,730, 2-bedrooms: $2,440, 3-bedrooms: $3,360, 4-bedrooms: $3,830. The most common rental property sizes in Irving, TX are 1-bedroom and 2-bedroom, accounting for 54.2% and 31.6% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,980 | $2,190 |
| Studio Rent | $1,480 | $1,520 |
| 1 Bed Rent | $1,710 | $1,730 |
| 2 Bed Rent | $2,360 | $2,440 |
| 3 Bed Rent | $3,340 | $3,360 |
| 4 Bed Rent | $3,850 | $3,830 |
% of Rental Stock
Property Listings — Irving, TX
As of Oct '25, Realtor.com reports that the median days on market for a home in Irving, TX is 62. This is a increase of 61.0% from last year, suggesting that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 34.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $550,000 | -13.0% |
Listing Count | 59 | 31.0% |
| Listings as % of Homes | 0.3% | 31.0% |
Days on Market | 62 | 61.0% |
Demographics — Irving, TX
As of the latest ACS Survey released in 2023, Irving, TX has a population of 22,400, which has increased by 16.3% over the past 5 years. Irving, TX is a moderately popular place for families, as children make up 16.2% of the population. The area has a highly educated workforce, with 75.9% of adult residents holding a bachelor’s degree or higher. There are many residents working remotely, with 29.5% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 22,400 | 16.3% |
% Under 18 | 16.2% | -7.4% |
% Seniors | 6.0% | 71.4% |
% WFH | 29.5% | 288.2% |
% w/ College Degree | 75.9% | 5.1% |
As of the latest ACS Survey released in 2023, Irving, TX is a predominantly asian area, with 34.0% of the population identifying as asian. The asian population has shrunk by 11.7% in the last 5 years. The second most common race or ethnicity in Irving, TX is white, making up 30.7% of the population. Foreign-born residents account for 38.6% of the population in Irving, TX, and this percentage has decreased by 3.5% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 30.7% | 1.7% |
% Black | 12.7% | -21.6% |
% Hispanic | 16.1% | 25.8% |
% Asian | 34.0% | -11.7% |
% Foreign Born | 38.6% | -3.5% |
Mortgage and Risk — Irving, TX
According to HUD data as of 2023, there were 34 mortgage originations in Irving, TX, of which 85.0% of loans were conventional mortgages. The average loan-to-value was 74.0%, with 26.0% above 90% LTV (very high). This implies large mortgage risk in Irving, TX. Investor activity is low, as 3.0% of loans were by investors. 0.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 34 |
% Conventional Loans | 85.0% |
% Government Loans | 15.0% |
% Investor Loans | 3.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 0.0% |
Loan Activity
Rentals and Section 8 — Irving, TX
As of 2024, the percent of homes in Irving, TX under the Section 8 program is 0.7%. This is considered low, suggesting that the neighborhood is sparsely composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. 1-bedroom and 2-bedroom and 4-bedroom units appear to be good home sizes to consider for Section 8 housing in Irving, TX, because HUD payments exceed market rent, while 3-bedroom units do not.
Section 8 Market Size
Total Units under HUD | 71 |
Total Units Section 8 | 71 |
% Rentals under Section 8 | 0.7% |
% Occupied Section 8 | 77.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $560 | $1,710 | $2,270 |
| 2 Bedroom | $300 | $2,360 | $2,660 |
| 3 Bedroom | -$10 | $3,340 | $3,330 |
| 4 Bedroom | $430 | $3,850 | $4,280 |
Affordability — Irving, TX
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 6 |
| Median Home Price | $632,000 |
| Median Household Income | $102,000 |