Balch Springs, TX75180

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$217,000
6.5% YoY Growth
Median Household Income
$70,700
51.3% 5-Year Growth
Days on Market
54
16.0% Longer than last year
Home Price Forecast
-0.9%
Median Rent
$1,730
0.6% YoY Growth
1-Bed Rent
$1,250
9.0% YoY Growth
2-Bed Rent
$1,480
3.8% YoY Growth
3-Bed Rent
$1,800
4.7% YoY Growth

Property Listings — Balch Springs, TX

As of Oct '25, Realtor.com reports that the median days on market for a home in Balch Springs, TX is 54. This is a increase of 16.0% 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 45.0%, representing a large inventory and a lot of supply pressure on home prices.

MetricZip Code AverageYear over Year % Change
Median Listing Price
$257,000-7.0%
Listing Count
40-11.0%
Listings as % of Homes0.4%-11.0%
Days on Market
5416.0%
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Demographics — Balch Springs, TX

As of the latest ACS Survey released in 2023, Balch Springs, TX has a population of 27,000, which has increased by 13.9% over the past 5 years. Balch Springs, TX is a popular place for families, as children make up 27.6% of the population. The area has a poorly educated workforce, with 11.3% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 8.4% reporting working from home.

MetricLatest CensusYoY % Change
Population
27,00013.9%
% Under 18
27.6%-22.0%
% Seniors
10.7%69.8%
% WFH
8.4%1,580.0%
% w/ College Degree
11.3%85.2%
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As of the latest ACS Survey released in 2023, Balch Springs, TX is a predominantly hispanic area, with 51.1% of the population identifying as hispanic. The hispanic population has shrunk by 9.7% in the last 5 years. The second most common race or ethnicity in Balch Springs, TX is black, making up 33.8% of the population. Foreign-born residents account for 22.6% of the population in Balch Springs, TX, and this percentage has decreased by 19.0% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.

Race and Ethnicity

MetricLatest Census5-Year % Change
% White
14.4%-30.4%
% Black
33.8%59.4%
% Hispanic
51.1%-9.7%
% Asian
0.1%-90.9%
% Foreign Born
22.6%-19.0%
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Mortgage and Risk — Balch Springs, TX

According to HUD data as of 2023, there were 136 mortgage originations in Balch Springs, TX, of which 72.0% of loans were conventional mortgages. The average loan-to-value was 79.0%, with 50.0% above 90% LTV (very high). This implies large mortgage risk in Balch Springs, TX. Investor activity is low, as 7.0% of loans were by investors. 20.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.

Mortgages

MetricZip Code Average
Total Loan Originations
136
% Conventional Loans
72.0%
% Government Loans
28.0%
% Investor Loans
7.0%
% Second Loans
0.0%
% Cash Out Refinance
20.0%

Loan Activity

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Rentals and Section 8 — Balch Springs, TX

As of 2024, the percent of homes in Balch Springs, TX under the Section 8 program is 15.1%. 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 Balch Springs, 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
424
Total Units Section 8
424
% Rentals under Section 8
15.1%
% Occupied Section 8
79.1%

Section 8 Opportunity

Home SizeHUD PremiumMarket RentMax HUD Rent
1 Bedroom$110$1,250$1,360
2 Bedroom$120$1,480$1,600
3 Bedroom$200$1,800$2,000
4 Bedroom$800$1,780$2,580

Affordability — Balch Springs, TX

Home Price to Income Ratio

MetricZip Code Average
Home Price to Income Ratio3.3
Median Home Price$217,000
Median Household Income$70,700

Balch Springs, TX — ZIP Code Boundary Map

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Frequently Asked Questions