Leonard, TX75452

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$343,000
1.5% YoY Growth
Median Household Income
$71,100
26.3% 5-Year Growth
Days on Market
90
10.0% Longer than last year
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

Property Listings — Leonard, TX

As of Oct '25, Realtor.com reports that the median days on market for a home in Leonard, TX is 90. This is a increase of 10.0% 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 33.0%, representing a large inventory and a lot of supply pressure on home prices.

MetricZip Code AverageYear over Year % Change
Median Listing Price
$441,000-14.0%
Listing Count
7222.0%
Listings as % of Homes1.6%22.0%
Days on Market
9010.0%
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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%

Loan Activity

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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 Ratio4.8
Median Home Price$343,000
Median Household Income$71,100

Leonard, TX — ZIP Code Boundary Map

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Frequently Asked Questions