Celeste, TX—75423
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Celeste, TX
As of Oct '25, the median home price in Celeste, TX is $357,000, with a year-over-year change of -3.8%. This indicates that home prices in Celeste, 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 | $357,000 | -3.8% |
| Single Family | $357,000 | -3.5% |
| 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 | $290,000 | -3.3% |
4 Bed | N/A | N/A |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Celeste, TX
As of July '25, Rentcast reports the average rent in Celeste, TX is $1,470, with a year-over-year rent change of 2.8%. Per bedroom, the median rent as of July '25 in Celeste, TX is 2-bedrooms: $1,350, 3-bedrooms: $1,520. The most common rental property sizes in Celeste, TX are 3-bedroom and 2-bedroom, accounting for 48.5% and 26.0% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,500 | $1,470 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | $1,350 | $1,350 |
| 3 Bed Rent | $1,500 | $1,520 |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Celeste, TX
As of Oct '25, Realtor.com reports that the median days on market for a home in Celeste, TX is 169. This is a increase of 104.0% 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 20.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $506,000 | -6.0% |
Listing Count | 40 | 26.0% |
| Listings as % of Homes | 1.7% | 26.0% |
Days on Market | 169 | 104.0% |
Demographics — Celeste, TX
As of the latest ACS Survey released in 2023, Celeste, TX has a population of 3,090, which has increased by 10.2% over the past 5 years. Celeste, TX is a popular place for families, as children make up 28.8% of the population. The area has a poorly educated workforce, with 12.0% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 13.5% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 3,090 | 10.2% |
% Under 18 | 28.8% | 41.2% |
% Seniors | 14.7% | -27.9% |
% WFH | 13.5% | 82.4% |
% w/ College Degree | 12.0% | -27.7% |
As of the latest ACS Survey released in 2023, Celeste, TX is a predominantly white area, with 73.3% of the population identifying as white. The white population has shrunk by 12.2% in the last 5 years. The second most common race or ethnicity in Celeste, TX is hispanic, making up 21.2% of the population. Foreign-born residents account for 7.1% of the population in Celeste, TX, and this percentage has increased by 16.4% 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 | 73.3% | -12.2% |
% Black | 0.3% | -85.7% |
% Hispanic | 21.2% | 78.2% |
% Asian | 0.0% | N/A |
% Foreign Born | 7.1% | 16.4% |
Mortgage and Risk — Celeste, TX
According to HUD data as of 2023, there were 116 mortgage originations in Celeste, TX, of which 73.0% of loans were conventional mortgages. The average loan-to-value was 74.0%, with 36.0% above 90% LTV (very high). This implies large mortgage risk in Celeste, TX. Investor activity is low, as 3.0% of loans were by investors. 10.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 116 |
% Conventional Loans | 73.0% |
% Government Loans | 27.0% |
% Investor Loans | 3.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 10.0% |
Loan Activity
Rentals and Section 8 — Celeste, TX
Celeste, TX lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 35 |
Total Units Section 8 | 35 |
% Rentals under Section 8 | 18.3% |
% Occupied Section 8 | 73.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $1,200 |
| 2 Bedroom | $60 | $1,350 | $1,410 |
| 3 Bedroom | $260 | $1,500 | $1,760 |
| 4 Bedroom | N/A | N/A | $2,270 |
Affordability — Celeste, TX
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 5.7 |
| Median Home Price | $357,000 |
| Median Household Income | $60,200 |