Crandall, TX—75114
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Crandall, TX
As of Oct '25, the median home price in Crandall, TX is $259,000, with a year-over-year change of -4.3%. This indicates that home prices in Crandall, TX are decreasing. According to Zillow, the 1-year price projection is -0.3%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $259,000 | -4.3% |
| Single Family | $258,000 | -4.8% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | N/A | N/A |
3 Bed | $239,000 | -4.8% |
4 Bed | $294,000 | -4.9% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Crandall, TX
As of July '25, Rentcast reports the average rent in Crandall, TX is $1,980, with a year-over-year rent change of 2.6%. Per bedroom, the median rent as of July '25 in Crandall, TX is 1-bedrooms: $800, 2-bedrooms: $1,840, 3-bedrooms: $1,960, 4-bedrooms: $2,090. The most common rental property sizes in Crandall, TX are 3-bedroom and 2-bedroom, accounting for 62.7% and 20.8% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,920 | $1,980 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $800 | $800 |
| 2 Bed Rent | $1,850 | $1,840 |
| 3 Bed Rent | $1,910 | $1,960 |
| 4 Bed Rent | $2,000 | $2,090 |
% of Rental Stock
Property Listings — Crandall, TX
As of Oct '25, Realtor.com reports that the median days on market for a home in Crandall, TX is 67. This is a increase of 11.0% 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 21.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $284,000 | -6.0% |
Listing Count | 278 | 10.0% |
| Listings as % of Homes | 3.6% | 10.0% |
Days on Market | 67 | 11.0% |
Demographics — Crandall, TX
As of the latest ACS Survey released in 2023, Crandall, TX has a population of 7,660, which has increased by 19.9% over the past 5 years. Crandall, TX is a popular place for families, as children make up 28.6% of the population. The area has a poorly educated workforce, with 16.1% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 17.0% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 7,660 | 19.9% |
% Under 18 | 28.6% | 13.5% |
% Seniors | 10.3% | 15.7% |
% WFH | 17.0% | 142.9% |
% w/ College Degree | 16.1% | 13.4% |
As of the latest ACS Survey released in 2023, Crandall, TX is a predominantly white area, with 48.2% of the population identifying as white. The white population has shrunk by 29.0% in the last 5 years. The second most common race or ethnicity in Crandall, TX is hispanic, making up 36.3% of the population. Foreign-born residents account for 18.0% of the population in Crandall, TX, and this percentage has increased by 42.9% 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 | 48.2% | -29.0% |
% Black | 13.8% | 126.2% |
% Hispanic | 36.3% | 51.2% |
% Asian | 0.7% | 600.0% |
% Foreign Born | 18.0% | 42.9% |
Mortgage and Risk — Crandall, TX
According to HUD data as of 2023, there were 544 mortgage originations in Crandall, TX, of which 40.0% of loans were conventional mortgages. The average loan-to-value was 88.0%, with 72.0% above 90% LTV (very high). This implies large mortgage risk in Crandall, TX. Investor activity is low, as 1.0% of loans were by investors. 5.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 544 |
% Conventional Loans | 40.0% |
% Government Loans | 60.0% |
% Investor Loans | 1.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 5.0% |
Loan Activity
Rentals and Section 8 — Crandall, TX
As of 2024, the percent of homes in Crandall, TX under the Section 8 program is 5.4%. 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 3-bedroom and 4-bedroom units appear to be good home sizes to consider for Section 8 housing in Crandall, TX, because HUD payments exceed market rent, while 2-bedroom units do not.
Section 8 Market Size
Total Units under HUD | 27 |
Total Units Section 8 | 27 |
% Rentals under Section 8 | 5.4% |
% Occupied Section 8 | 82.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $580 | $800 | $1,380 |
| 2 Bedroom | -$230 | $1,850 | $1,620 |
| 3 Bedroom | $120 | $1,910 | $2,030 |
| 4 Bedroom | $610 | $2,000 | $2,610 |
Affordability — Crandall, TX
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.3 |
| Median Home Price | $259,000 |
| Median Household Income | $88,800 |