Hooks, TX—75561
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Hooks, TX
As of Oct '25, the median home price in Hooks, TX is $156,000, with a year-over-year change of -9.6%. This indicates that home prices in Hooks, TX are decreasing. According to Zillow, the 1-year price projection is -1.9%, suggesting a decrease housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $156,000 | -9.6% |
| Single Family | $157,000 | -9.2% |
| 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 | N/A | N/A |
4 Bed | N/A | N/A |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Hooks, TX
As of July '25, Rentcast reports the average rent in Hooks, TX is $620, with a year-over-year rent change of -32.2%. Per bedroom, the median rent as of July '25 in Hooks, TX is 1-bedrooms: $532, 2-bedrooms: $795. The most common rental property sizes in Hooks, TX are 3-bedroom and 2-bedroom, accounting for 44.1% and 26.0% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $595 | $620 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $470 | $532 |
| 2 Bed Rent | $795 | $795 |
| 3 Bed Rent | N/A | N/A |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Hooks, TX
As of Oct '25, Realtor.com reports that the median days on market for a home in Hooks, TX is 64. This is a decrease of -18.0% from last year, suggesting that homes are sitting on the market shorter than last year. The percentage of listed homes with a reduced price is 17.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $121,000 | -47.0% |
Listing Count | 36 | 140.0% |
| Listings as % of Homes | 0.5% | 140.0% |
Days on Market | 64 | -18.0% |
Demographics — Hooks, TX
As of the latest ACS Survey released in 2023, Hooks, TX has a population of 4,950, which has decreased by -2.8% over the past 5 years. Hooks, TX is a moderately popular place for families, as children make up 25.0% of the population. The area has a poorly educated workforce, with 20.5% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 4.5% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 4,950 | -2.8% |
% Under 18 | 25.0% | 2.0% |
% Seniors | 17.3% | 3.6% |
% WFH | 4.5% | 36.4% |
% w/ College Degree | 20.5% | 70.8% |
As of the latest ACS Survey released in 2023, Hooks, TX is a predominantly white area, with 70.1% of the population identifying as white. The white population has shrunk by 12.9% in the last 5 years. The second most common race or ethnicity in Hooks, TX is black, making up 15.6% of the population. Foreign-born residents account for 3.0% of the population in Hooks, TX, and this percentage has decreased by 26.8% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 70.1% | -12.9% |
% Black | 15.6% | 34.5% |
% Hispanic | 8.1% | 65.3% |
% Asian | 0.7% | 250.0% |
% Foreign Born | 3.0% | -26.8% |
Mortgage and Risk — Hooks, TX
According to HUD data as of 2023, there were 64 mortgage originations in Hooks, TX, of which 81.0% of loans were conventional mortgages. The average loan-to-value was 79.0%, with 39.0% above 90% LTV (very high). This implies large mortgage risk in Hooks, TX. Investor activity is low, as 6.0% of loans were by investors. 5.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 64 |
% Conventional Loans | 81.0% |
% Government Loans | 19.0% |
% Investor Loans | 6.0% |
% Second Loans | 2.0% |
% Cash Out Refinance | 5.0% |
Loan Activity
Rentals and Section 8 — Hooks, TX
Hooks, TX lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 28 |
Total Units Section 8 | 28 |
% Rentals under Section 8 | 6.0% |
% Occupied Section 8 | 81.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $340 | $470 | $810 |
| 2 Bedroom | $225 | $795 | $1,020 |
| 3 Bedroom | N/A | N/A | $1,260 |
| 4 Bedroom | N/A | N/A | $1,600 |
Affordability — Hooks, TX
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.1 |
| Median Home Price | $156,000 |
| Median Household Income | $58,000 |