Irving, TX—75060
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 $284,000, with a year-over-year change of -4.5%. This indicates that home prices in Irving, TX are decreasing. According to Zillow, the 1-year price projection is -0.6%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $284,000 | -4.5% |
| Single Family | $285,000 | -4.4% |
| Condos | $160,000 | -3.0% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $167,000 | -5.1% |
2 Bed | $215,000 | -5.3% |
3 Bed | $285,000 | -4.7% |
4 Bed | $348,000 | -3.1% |
| 5 Bed | $456,000 | -1.1% |
% of Housing Stock
Rental Trends — Irving, TX
As of July '25, Rentcast reports the average rent in Irving, TX is $2,210, with a year-over-year rent change of -2.2%. Per bedroom, the median rent as of July '25 in Irving, TX is studios: $862, 1-bedrooms: $1,080, 2-bedrooms: $1,580, 3-bedrooms: $2,850, 4-bedrooms: $2,980. The most common rental property sizes in Irving, TX are 2-bedroom and 3-bedroom, accounting for 39.2% and 33.8% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,850 | $2,210 |
| Studio Rent | $750 | $862 |
| 1 Bed Rent | $1,060 | $1,080 |
| 2 Bed Rent | $1,550 | $1,580 |
| 3 Bed Rent | $2,400 | $2,850 |
| 4 Bed Rent | $2,850 | $2,980 |
% 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 61. This is a increase of 37.0% 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 32.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $335,000 | -1.0% |
Listing Count | 95 | 26.0% |
| Listings as % of Homes | 0.3% | 26.0% |
Days on Market | 61 | 37.0% |
Demographics — Irving, TX
As of the latest ACS Survey released in 2023, Irving, TX has a population of 47,200, which has decreased by -3.1% over the past 5 years. Irving, TX is a popular place for families, as children make up 27.7% of the population. The area has a poorly educated workforce, with 18.1% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 8.7% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 47,200 | -3.1% |
% Under 18 | 27.7% | -9.5% |
% Seniors | 12.6% | 29.9% |
% WFH | 8.7% | 278.3% |
% w/ College Degree | 18.1% | 25.7% |
As of the latest ACS Survey released in 2023, Irving, TX is a predominantly hispanic area, with 68.5% of the population identifying as hispanic. The hispanic population has grown by 5.9% in the last 5 years. The second most common race or ethnicity in Irving, TX is white, making up 19.2% of the population. Foreign-born residents account for 38.9% of the population in Irving, TX, and this percentage has increased by 17.5% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 19.2% | -19.3% |
% Black | 4.9% | -7.5% |
% Hispanic | 68.5% | 5.9% |
% Asian | 5.8% | 16.0% |
% Foreign Born | 38.9% | 17.5% |
Mortgage and Risk — Irving, TX
According to HUD data as of 2023, there were 320 mortgage originations in Irving, TX, of which 81.0% of loans were conventional mortgages. The average loan-to-value was 75.0%, with 43.0% above 90% LTV (very high). This implies large mortgage risk in Irving, TX. Investor activity is low, as 6.0% of loans were by investors. 19.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 320 |
% Conventional Loans | 81.0% |
% Government Loans | 19.0% |
% Investor Loans | 6.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 19.0% |
Loan Activity
Rentals and Section 8 — Irving, TX
As of 2024, the percent of homes in Irving, TX under the Section 8 program is 3.8%. 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 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 and 4-bedroom units do not.
Section 8 Market Size
Total Units under HUD | 191 |
Total Units Section 8 | 191 |
% Rentals under Section 8 | 3.8% |
% Occupied Section 8 | 89.2% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $400 | $1,060 | $1,460 |
| 2 Bedroom | $160 | $1,550 | $1,710 |
| 3 Bedroom | -$260 | $2,400 | $2,140 |
| 4 Bedroom | -$100 | $2,850 | $2,750 |
Affordability — Irving, TX
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 4.1 |
| Median Home Price | $284,000 |
| Median Household Income | $69,700 |