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Leonard, TX—75452

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$353,000
0.1% YoY Growth
Household Income
$71,100
26.3% YoY Growth
Days on Market
69
0.0% Longer YoY
Home Price Forecast
N/A
Median Rent
$1,600
3.6% YoY Growth
1-Bed Rent
N/A
N/A
2-Bed Rent
$1,300
N/A
3-Bed Rent
$1,600
8.3% YoY Growth
  • Home Price Trends
  • Rental Trends
  • Property Listings
  • Demographics
  • Mortgage and Risk

Home Price Trends — Leonard, TX

Leonard, TX lacks sufficient home price data for analysis.

Cost per Home Type

Home TypeMedian Home ValueYoY % Change
All Homes
$353,000-0.1%
Single Family $352,0000.0%
Condos N/AN/A

Cost per Home Size

Home SizeMedian Home ValueYoY % Change
1 Bed
N/AN/A
  • Affordability
  • Rentals and Section 8
    • 2 Bed
    N/A
    N/A
    3 Bed
    		$307,000-1.0%
    4 Bed
    		$465,000-0.2%
    5 Bed N/AN/A
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    % of Housing Stock

    Studio
    0.9%
    1 Bedroom
    5.5%
    2 Bedrooms
    19.1%
    3 Bedrooms
    53.5%
    4 Bedrooms
    20.3%
    5+ Bedrooms
    0.6%

    Rental Trends — Leonard, TX

    As of July '25, Rentcast reports the average rent in Leonard, TX is $1,720, with a year-over-year rent change of 3.6%. Per bedroom, the median rent as of July '25 in Leonard, TX is 2-bedrooms: $1,290, 3-bedrooms: $1,960, 4-bedrooms: $1,640. The most common rental property sizes in Leonard, TX are 2-bedroom and 3-bedroom, accounting for 35.5% and 28.8% of the rental stock.

    TypeMedian RentAverage Rent
    Average Rent$1,600$1,720
    Studio Rent N/AN/A
    1 Bed Rent N/AN/A
    2 Bed Rent $1,300$1,290
    3 Bed Rent $1,600$1,960
    4 Bed Rent $1,480$1,640
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    % of Rental Stock

    Studio
    4.8%
    1 Bedroom
    15.5%
    2 Bedrooms
    35.5%
    3 Bedrooms
    28.8%
    4 Bedrooms
    12.4%
    5+ Bedrooms
    3.0%

    Property Listings — Leonard, TX

    As of May '26, Realtor.com reports that the median days on market for a home in Leonard, TX is 69. This is a decrease of 0.0% from last year, suggesting that homes are sitting on the market about the same amount of time than last year. The percentage of listed homes with a reduced price is 37.0%, representing a large inventory and a lot of supply pressure on home prices.

    MetricZip Code AverageYear over Year % Change
    Median Listing Price
    		$530,00019.0%
    Listing Count
    		7615.0%
    Listings as % of Homes1.6%15.0%
    Days on Market
    		690.0%
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    Demographics — Leonard, TX

    As of the latest ACS Survey released in 2023, Leonard, TX has a population of 4,950, which has increased by 14.8% over the past 5 years. Leonard, TX is a moderately popular place for families, as children make up 23.9% of the population. The area has a poorly educated workforce, with 19.2% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 13.5% reporting working from home.

    MetricLatest CensusYoY % Change
    Population
    		4,95014.8%
    % Under 18
    		23.9%-14.0%
    % Seniors
    		12.3%-16.3%
    % WFH
    		13.5%164.7%
    % w/ College Degree
    		19.2%-7.7%
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    As of the latest ACS Survey released in 2023, Leonard, TX is a predominantly white area, with 74.6% of the population identifying as white. The white population has shrunk by 13.4% in the last 5 years. The second most common race or ethnicity in Leonard, TX is hispanic, making up 18.2% of the population. Foreign-born residents account for 5.7% of the population in Leonard, TX, and this percentage has increased by 42.5% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.

    Race and Ethnicity

    MetricLatest Census5-Year % Change
    % White
    		74.6%-13.4%
    % Black
    		1.4%-54.8%
    % Hispanic
    		18.2%93.6%
    % Asian
    		0.7%∞%
    % Foreign Born
    		5.7%42.5%
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    Mortgage and Risk — Leonard, TX

    According to HUD data as of 2023, there were 90 mortgage originations in Leonard, TX, of which 69.0% of loans were conventional mortgages. The average loan-to-value was 73.0%, with 37.0% above 90% LTV (very high). This implies large mortgage risk in Leonard, TX. Investor activity is low, as 4.0% of loans were by investors. 7.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.

    Mortgages

    MetricZip Code Average
    Total Loan Originations
    		90
    % Conventional Loans
    		69.0%
    % Government Loans
    		31.0%
    % Investor Loans
    		4.0%
    % Second Loans
    		1.0%
    % Cash Out Refinance
    		7.0%
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    Rentals and Section 8 — Leonard, TX

    Leonard, TX lacks sufficient Section 8 program data for analysis.

    Section 8 Market Size

    Total Units under HUD
    		73
    Total Units Section 8
    		73
    % Rentals under Section 8
    		26.1%
    % Occupied Section 8
    		73.0%

    Section 8 Opportunity

    Home SizeHUD PremiumMarket RentMax HUD Rent
    1 BedroomN/AN/A$1,010
    2 Bedroom-$120$1,300$1,180
    3 Bedroom-$110$1,600$1,490
    4 Bedroom$430$1,480$1,910

    Affordability — Leonard, TX

    Home Price to Income Ratio

    MetricZip Code Average
    Home Price to Income Ratio4.9
    Median Home Price$353,000
    Median Household Income$71,100

    Leonard, TX — ZIP Code Boundary Map

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    Nearby ZIP Codes

    Trenton, TX

    75490

    Bailey

    75413

    Randolph

    75475

    Celeste, TX

    75423

    Ector, TX

    75439

    Frequently Asked Questions