Wilmer, TX75172

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$205,000
6.1% YoY Growth
Median Household Income
$58,900
42.9% 5-Year Growth
Days on Market
38
15.0% Longer than last year
Home Price Forecast
-0.9%
Median Rent
$1,820
10.6% YoY Growth
1-Bed Rent
$1,260
N/A
2-Bed Rent
$1,200
N/A
3-Bed Rent
$1,840
6.1% YoY Growth

Property Listings — Wilmer, TX

As of Oct '25, Realtor.com reports that the median days on market for a home in Wilmer, TX is 38. This is a increase of 15.0% 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 0.0%, representing a small inventory and little supply pressure on home prices.

MetricZip Code AverageYear over Year % Change
Median Listing Price
$241,000-17.0%
Listing Count
2564.0%
Listings as % of Homes0.4%64.0%
Days on Market
3815.0%
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Demographics — Wilmer, TX

As of the latest ACS Survey released in 2023, Wilmer, TX has a population of 5,870, which has increased by 36.8% over the past 5 years. Wilmer, TX is a moderately popular place for families, as children make up 24.8% of the population. The area has a poorly educated workforce, with 9.7% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 2.4% reporting working from home.

MetricLatest CensusYoY % Change
Population
5,87036.8%
% Under 18
24.8%-13.9%
% Seniors
13.0%54.8%
% WFH
2.4%2,300.0%
% w/ College Degree
9.7%22.8%
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As of the latest ACS Survey released in 2023, Wilmer, TX is a predominantly hispanic area, with 47.1% of the population identifying as hispanic. The hispanic population has shrunk by 7.6% in the last 5 years. The second most common race or ethnicity in Wilmer, TX is black, making up 30.6% of the population. Foreign-born residents account for 17.4% of the population in Wilmer, TX, and this percentage has decreased by 22.0% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.

Race and Ethnicity

MetricLatest Census5-Year % Change
% White
21.9%10.1%
% Black
30.6%11.3%
% Hispanic
47.1%-7.6%
% Asian
0.0%-100.0%
% Foreign Born
17.4%-22.0%
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Mortgage and Risk — Wilmer, TX

According to HUD data as of 2023, there were 56 mortgage originations in Wilmer, TX, of which 75.0% of loans were conventional mortgages. The average loan-to-value was 84.0%, with 57.0% above 90% LTV (very high). This implies large mortgage risk in Wilmer, TX. Investor activity is low, as 2.0% of loans were by investors. 4.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.

Mortgages

MetricZip Code Average
Total Loan Originations
56
% Conventional Loans
75.0%
% Government Loans
25.0%
% Investor Loans
2.0%
% Second Loans
0.0%
% Cash Out Refinance
4.0%

Loan Activity

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Rentals and Section 8 — Wilmer, TX

As of 2024, the percent of homes in Wilmer, TX under the Section 8 program is 4.3%. 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. 2-bedroom and 4-bedroom units appear to be good home sizes to consider for Section 8 housing in Wilmer, TX, because HUD payments exceed market rent, while 1-bedroom and 3-bedroom units do not.

Section 8 Market Size

Total Units under HUD
59
Total Units Section 8
59
% Rentals under Section 8
4.3%
% Occupied Section 8
79.0%

Section 8 Opportunity

Home SizeHUD PremiumMarket RentMax HUD Rent
1 Bedroom-$30$1,260$1,230
2 Bedroom$240$1,200$1,440
3 Bedroom-$40$1,840$1,800
4 Bedroom$470$1,850$2,320

Affordability — Wilmer, TX

Home Price to Income Ratio

MetricZip Code Average
Home Price to Income Ratio3.6
Median Home Price$205,000
Median Household Income$58,900

Wilmer, TX — ZIP Code Boundary Map

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Frequently Asked Questions