Savoy, TX 75479 - Home Prices, Rental Trends, Listings & Demographics | Prop:Metrics

Savoy, TX—75479

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value

$296,000

0.3% YoY Growth

Household Income

$73,700

40.6% YoY Growth

Days on Market

107

16.0% Longer YoY

Home Price Forecast

N/A

Median Rent

$1,600

137.8% YoY Growth

1-Bed Rent

N/A

2-Bed Rent

N/A

3-Bed Rent

$2,680

N/A

Home Price Trends — Savoy, TX

Savoy, TX lacks sufficient home price data for analysis.

Cost per Home Type

Home Type	Median Home Value	YoY % Change
All Homes	$296,000	-0.3%
Single Family	$295,000	-0.3%
Condos	N/A	N/A

Cost per Home Size

Home Size	Median Home Value	YoY % Change
1 Bed	N/A	N/A

Rental Trends — Savoy, TX

As of July '25, Rentcast reports the average rent in Savoy, TX is $2,140, with a year-over-year rent change of 137.8%. Per bedroom, the median rent as of July '25 in Savoy, TX is 3-bedrooms: $2,680, 4-bedrooms: $1,600. The most common rental property sizes in Savoy, TX are 3-bedroom and 2-bedroom, accounting for 61.1% and 27.8% of the rental stock.

Type	Median Rent	Average Rent
Average Rent	$1,600	$2,140
Studio Rent	N/A	N/A
1 Bed Rent	N/A	N/A
2 Bed Rent	N/A	N/A
3 Bed Rent	$2,680	$2,680
4 Bed Rent	$1,600	$1,600

Loading chart...

% of Rental Stock

1 Bedroom

6.2%

2 Bedrooms

27.8%

3 Bedrooms

61.1%

4 Bedrooms

3.5%

5+ Bedrooms

1.4%

Property Listings — Savoy, TX

As of Dec '25, Realtor.com reports that the median days on market for a home in Savoy, TX is 83. This is a increase of 7.0% 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 24.0%, representing a small inventory and little supply pressure on home prices.

Metric	Zip Code Average	Year over Year % Change
Median Listing Price	$450,000	-24.0%
Listing Count	18	22.0%
Listings as % of Homes	1.4%	22.0%
Days on Market	107	16.0%

Loading chart...

Demographics — Savoy, TX

As of the latest ACS Survey released in 2023, Savoy, TX has a population of 2,090, which has increased by 14.9% over the past 5 years. Savoy, TX is a moderately popular place for families, as children make up 22.9% of the population. The area has a poorly educated workforce, with 20.1% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 10.1% reporting working from home.

Metric	Latest Census	YoY % Change
Population	2,090	14.9%
% Under 18	22.9%	11.7%
% Seniors	16.7%	-23.7%
% WFH	10.1%	260.7%
% w/ College Degree	20.1%	36.7%

Loading chart...

As of the latest ACS Survey released in 2023, Savoy, TX is a predominantly white area, with 82.4% of the population identifying as white. The white population has shrunk by 8.3% in the last 5 years. The second most common race or ethnicity in Savoy, TX is hispanic, making up 9.1% of the population. Foreign-born residents account for 3.4% of the population in Savoy, TX, and this percentage has increased by 36.0% 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	82.4%	-8.3%
% Black	1.2%	100.0%
% Hispanic	9.1%	71.7%
% Asian	2.0%	∞%
% Foreign Born	3.4%	36.0%

Loading chart...

Mortgage and Risk — Savoy, TX

According to HUD data as of 2023, there were 67 mortgage originations in Savoy, TX, of which 73.0% of loans were conventional mortgages. The average loan-to-value was 79.0%, with 45.0% above 90% LTV (very high). This implies large mortgage risk in Savoy, TX. Investor activity is low, as 3.0% of loans were by investors. 7.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.

Mortgages

Metric	Zip Code Average
Total Loan Originations	67
% Conventional Loans	73.0%
% Government Loans	27.0%
% Investor Loans	3.0%
% Second Loans	0.0%
% Cash Out Refinance	7.0%

Loading chart...

Rentals and Section 8 — Savoy, TX

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

Section 8 Market Size

Total Units under HUD	32
Total Units Section 8	32
% Rentals under Section 8	22.9%
% Occupied Section 8	73.0%

Section 8 Opportunity

Home Size	HUD Premium	Market Rent	Max HUD Rent
1 Bedroom	N/A	N/A	$950
2 Bedroom	N/A	N/A	$1,110
3 Bedroom	-$1,160	$2,680	$1,520
4 Bedroom	$280	$1,600	$1,880

Savoy, TX—75479

Key Metrics at a Glance

Home Price Trends — Savoy, TX

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Savoy, TX

% of Rental Stock

Property Listings — Savoy, TX

Demographics — Savoy, TX

Race and Ethnicity

Mortgage and Risk — Savoy, TX

Mortgages

Rentals and Section 8 — Savoy, TX

Section 8 Market Size

Section 8 Opportunity

Affordability — Savoy, TX

Home Price to Income Ratio

Savoy, TX — ZIP Code Boundary Map

Nearby ZIP Codes

Bells, TX

Ector, TX

Ravenna, TX

Liberty

Whitewright, TX

Frequently Asked Questions

Metric	Zip Code Average
Home Price to Income Ratio	3.9
Median Home Price	$296,000
Median Household Income	$73,700

Savoy, TX—75479

Key Metrics at a Glance

Home Price Trends — Savoy, TX

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Savoy, TX

% of Rental Stock

Property Listings — Savoy, TX

Demographics — Savoy, TX

Race and Ethnicity

Mortgage and Risk — Savoy, TX

Mortgages

Rentals and Section 8 — Savoy, TX

Section 8 Market Size

Section 8 Opportunity

Affordability — Savoy, TX

Home Price to Income Ratio

Savoy, TX — ZIP Code Boundary Map

Nearby ZIP Codes

Bells, TX

Ector, TX

Ravenna, TX

Liberty

Whitewright, TX

Frequently Asked Questions

What is the average home price in Savoy, TX 75479?

How have home prices in Savoy, TX 75479 changed over the past year?

What is the home price projection for Savoy, TX 75479?

What are the demographics of Savoy, TX 75479?

How long does it take homes to sell in Savoy, TX 75479?

What is the average rent price in Savoy, TX 75479?