Lavon, TX—75166
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Lavon, TX
As of Oct '25, the median home price in Lavon, TX is $355,000, with a year-over-year change of -6.8%. This indicates that home prices in Lavon, TX are decreasing. According to Zillow, the 1-year price projection is -0.9%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $355,000 | -6.8% |
| Single Family | $355,000 | -7.1% |
| 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 | $309,000 | -7.5% |
4 Bed | $373,000 | -7.2% |
| 5 Bed | $434,000 | -9.2% |
% of Housing Stock
Rental Trends — Lavon, TX
As of July '25, Rentcast reports the average rent in Lavon, TX is $2,100, with a year-over-year rent change of -9.5%. Per bedroom, the median rent as of July '25 in Lavon, TX is studios: $1,120, 1-bedrooms: $1,740, 2-bedrooms: $1,890, 3-bedrooms: $2,060, 4-bedrooms: $2,470. The most common rental property sizes in Lavon, TX are 3-bedroom and 2-bedroom, accounting for 92.9% and 7.1% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,950 | $2,100 |
| Studio Rent | $1,120 | $1,120 |
| 1 Bed Rent | $1,750 | $1,740 |
| 2 Bed Rent | $1,880 | $1,890 |
| 3 Bed Rent | $2,000 | $2,060 |
| 4 Bed Rent | $2,450 | $2,470 |
% of Rental Stock
Property Listings — Lavon, TX
As of Oct '25, Realtor.com reports that the median days on market for a home in Lavon, TX is 89. This is a increase of 20.0% 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 16.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $355,000 | -7.0% |
Listing Count | 194 | 3.0% |
| Listings as % of Homes | 4.9% | 3.0% |
Days on Market | 89 | 20.0% |
Demographics — Lavon, TX
As of the latest ACS Survey released in 2023, Lavon, TX has a population of 6,680, which has increased by 55.4% over the past 5 years. Lavon, TX is a popular place for families, as children make up 29.8% of the population. The area has a moderately educated workforce, with 36.4% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 14.9% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 6,680 | 55.4% |
% Under 18 | 29.8% | -4.8% |
% Seniors | 9.2% | 24.3% |
% WFH | 14.9% | 152.5% |
% w/ College Degree | 36.4% | 4.9% |
As of the latest ACS Survey released in 2023, Lavon, TX is a predominantly white area, with 54.9% of the population identifying as white. The white population has shrunk by 23.1% in the last 5 years. The second most common race or ethnicity in Lavon, TX is hispanic, making up 23.9% of the population. Foreign-born residents account for 7.9% of the population in Lavon, TX, and this percentage has decreased by 22.5% 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 | 54.9% | -23.1% |
% Black | 8.0% | -15.8% |
% Hispanic | 23.9% | 95.9% |
% Asian | 4.7% | 20.5% |
% Foreign Born | 7.9% | -22.5% |
Mortgage and Risk — Lavon, TX
Lavon, 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 — Lavon, TX
As of 2024, the percent of homes in Lavon, TX under the Section 8 program is 63.2%. This is considered high, suggesting that the neighborhood is heavily composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. In Lavon, TX, all tracked home sizes have HUD payment amounts above market rent, suggesting strong Section 8 opportunity across the board.
Section 8 Market Size
Total Units under HUD | 174 |
Total Units Section 8 | 174 |
% Rentals under Section 8 | 63.2% |
% Occupied Section 8 | 74.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $360 | $1,750 | $2,110 |
| 2 Bedroom | $590 | $1,880 | $2,470 |
| 3 Bedroom | $1,100 | $2,000 | $3,100 |
| 4 Bedroom | $1,530 | $2,450 | $3,980 |
Affordability — Lavon, TX
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.2 |
| Median Home Price | $355,000 |
| Median Household Income | $129,000 |