Irving, TX—75063
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 $603,000, with a year-over-year change of -2.9%. This indicates that home prices in Irving, TX are decreasing. 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 | $603,000 | -2.9% |
| Single Family | $614,000 | -2.7% |
| Condos | $269,000 | -5.3% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $301,000 | -6.5% |
3 Bed | $473,000 | -2.9% |
4 Bed | $695,000 | -2.4% |
| 5 Bed | $876,000 | -1.6% |
% of Housing Stock
Rental Trends — Irving, TX
As of July '25, Rentcast reports the average rent in Irving, TX is $2,220, with a year-over-year rent change of 22.7%. Per bedroom, the median rent as of July '25 in Irving, TX is studios: $1,400, 1-bedrooms: $1,380, 2-bedrooms: $1,930, 3-bedrooms: $2,880, 4-bedrooms: $3,510. The most common rental property sizes in Irving, TX are 2-bedroom and 1-bedroom, accounting for 43.0% and 41.6% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,910 | $2,220 |
| Studio Rent | $1,400 | $1,400 |
| 1 Bed Rent | $1,380 | $1,380 |
| 2 Bed Rent | $1,860 | $1,930 |
| 3 Bed Rent | $2,850 | $2,880 |
| 4 Bed Rent | $3,400 | $3,510 |
% 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 51. This is a increase of 9.0% 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 41.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $587,000 | -9.0% |
Listing Count | 103 | 13.0% |
| Listings as % of Homes | 0.3% | 13.0% |
Days on Market | 51 | 9.0% |
Demographics — Irving, TX
As of the latest ACS Survey released in 2023, Irving, TX has a population of 45,500, which has increased by 16.8% over the past 5 years. Irving, TX is a popular place for families, as children make up 27.0% of the population. The area has a highly educated workforce, with 74.4% of adult residents holding a bachelor’s degree or higher. There are many residents working remotely, with 30.9% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 45,500 | 16.8% |
% Under 18 | 27.0% | 5.5% |
% Seniors | 6.3% | 23.5% |
% WFH | 30.9% | 272.3% |
% w/ College Degree | 74.4% | 5.1% |
As of the latest ACS Survey released in 2023, Irving, TX is a predominantly asian area, with 61.7% of the population identifying as asian. The asian population has grown by 33.5% in the last 5 years. The second most common race or ethnicity in Irving, TX is white, making up 17.6% of the population. Foreign-born residents account for 51.7% of the population in Irving, TX, and this percentage has increased by 23.7% 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 | 17.6% | -26.1% |
% Black | 10.2% | -35.4% |
% Hispanic | 7.1% | -31.1% |
% Asian | 61.7% | 33.5% |
% Foreign Born | 51.7% | 23.7% |
Mortgage and Risk — Irving, TX
Irving, TX lacks sufficient mortgage origination data for analysis.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | N/A |
% Conventional Loans | N/A |
% Government Loans | N/A |
% Investor Loans | N/A |
% Second Loans | N/A |
% Cash Out Refinance | N/A |
Loan Activity
No data available
Rentals and Section 8 — Irving, TX
As of 2024, the percent of homes in Irving, TX under the Section 8 program is 3.4%. 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 | 330 |
Total Units Section 8 | 330 |
% Rentals under Section 8 | 3.4% |
% Occupied Section 8 | 78.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $550 | $1,380 | $1,930 |
| 2 Bedroom | $410 | $1,860 | $2,270 |
| 3 Bedroom | -$10 | $2,850 | $2,840 |
| 4 Bedroom | $250 | $3,400 | $3,650 |
Affordability — Irving, TX
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 4.9 |
| Median Home Price | $603,000 |
| Median Household Income | $118,000 |