Lone Oak, TX—75453
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Lone Oak, TX
As of Oct '25, the median home price in Lone Oak, TX is $283,000, with a year-over-year change of -5.7%. This indicates that home prices in Lone Oak, 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 | $283,000 | -5.7% |
| Single Family | $283,000 | -6.0% |
| 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 | $283,000 | -2.4% |
4 Bed | N/A | N/A |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Lone Oak, TX
As of July '25, Rentcast reports the average rent in Lone Oak, TX is $1,790, with a year-over-year rent change of 17.8%. Per bedroom, the median rent as of July '25 in Lone Oak, TX is 2-bedrooms: $1,800, 3-bedrooms: $1,700, 4-bedrooms: $2,300. The most common rental property sizes in Lone Oak, TX are 3-bedroom and 2-bedroom, accounting for 78.1% and 17.9% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,500 | $1,790 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | $1,800 | $1,800 |
| 3 Bed Rent | $1,500 | $1,700 |
| 4 Bed Rent | $2,300 | $2,300 |
% of Rental Stock
Property Listings — Lone Oak, TX
As of Oct '25, Realtor.com reports that the median days on market for a home in Lone Oak, TX is 116. This is a increase of 71.0% 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 11.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $450,000 | -1.0% |
Listing Count | 36 | -3.0% |
| Listings as % of Homes | 1.1% | -3.0% |
Days on Market | 116 | 71.0% |
Demographics — Lone Oak, TX
As of the latest ACS Survey released in 2023, Lone Oak, TX has a population of 2,830, which has decreased by -1.6% over the past 5 years. Lone Oak, TX is a moderately popular place for families, as children make up 22.6% of the population. The area has a poorly educated workforce, with 13.0% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 13.0% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 2,830 | -1.6% |
% Under 18 | 22.6% | 18.3% |
% Seniors | 18.6% | 3.9% |
% WFH | 13.0% | 106.3% |
% w/ College Degree | 13.0% | -10.3% |
As of the latest ACS Survey released in 2023, Lone Oak, TX is a predominantly white area, with 73.4% of the population identifying as white. The white population has shrunk by 14.6% in the last 5 years. The second most common race or ethnicity in Lone Oak, TX is hispanic, making up 16.7% of the population. Foreign-born residents account for 7.3% of the population in Lone Oak, TX, and this percentage has increased by 9.0% 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 | 73.4% | -14.6% |
% Black | 1.5% | 15.4% |
% Hispanic | 16.7% | 65.3% |
% Asian | 1.0% | 900.0% |
% Foreign Born | 7.3% | 9.0% |
Mortgage and Risk — Lone Oak, TX
According to HUD data as of 2023, there were 123 mortgage originations in Lone Oak, TX, of which 71.0% of loans were conventional mortgages. The average loan-to-value was 71.0%, with 36.0% above 90% LTV (very high). This implies large mortgage risk in Lone Oak, TX. Investor activity is low, as 2.0% of loans were by investors. 11.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 123 |
% Conventional Loans | 71.0% |
% Government Loans | 29.0% |
% Investor Loans | 2.0% |
% Second Loans | 2.0% |
% Cash Out Refinance | 11.0% |
Loan Activity
Rentals and Section 8 — Lone Oak, TX
Lone Oak, TX lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 2 |
Total Units Section 8 | 2 |
% Rentals under Section 8 | 1.3% |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $1,290 |
| 2 Bedroom | -$300 | $1,800 | $1,500 |
| 3 Bedroom | $410 | $1,500 | $1,910 |
| 4 Bedroom | $100 | $2,300 | $2,400 |
Affordability — Lone Oak, TX
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.6 |
| Median Home Price | $283,000 |
| Median Household Income | $82,000 |