Tyler, TX—75706
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Tyler, TX
As of Oct '25, the median home price in Tyler, TX is $248,000, with a year-over-year change of -2.6%. This indicates that home prices in Tyler, TX are decreasing. According to Zillow, the 1-year price projection is 1.0%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $248,000 | -2.6% |
| Single Family | $248,000 | -2.7% |
| 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 | $292,000 | -0.7% |
4 Bed | $434,000 | 1.6% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Tyler, TX
As of July '25, Rentcast reports the average rent in Tyler, TX is $1,600, with a year-over-year rent change of -11.6%. Per bedroom, the median rent as of July '25 in Tyler, TX is 2-bedrooms: $1,200, 3-bedrooms: $1,700, 4-bedrooms: $2,480. The most common rental property sizes in Tyler, TX are 2-bedroom and 3-bedroom, accounting for 34.6% and 28.7% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,500 | $1,600 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | $1,200 | $1,200 |
| 3 Bed Rent | $1,640 | $1,700 |
| 4 Bed Rent | $1,650 | $2,480 |
% of Rental Stock
Property Listings — Tyler, TX
As of Oct '25, Realtor.com reports that the median days on market for a home in Tyler, TX is 72. This is a increase of 27.0% 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 40.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $437,000 | 7.0% |
Listing Count | 60 | 63.0% |
| Listings as % of Homes | 0.8% | 63.0% |
Days on Market | 72 | 27.0% |
Demographics — Tyler, TX
As of the latest ACS Survey released in 2023, Tyler, TX has a population of 11,000, which has increased by 15.5% over the past 5 years. Tyler, TX is a popular place for families, as children make up 25.6% of the population. The area has a poorly educated workforce, with 10.1% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 10.0% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 11,000 | 15.5% |
% Under 18 | 25.6% | -12.3% |
% Seniors | 15.3% | 62.8% |
% WFH | 10.0% | 257.1% |
% w/ College Degree | 10.1% | -15.1% |
As of the latest ACS Survey released in 2023, Tyler, TX is a predominantly white area, with 43.0% of the population identifying as white. The white population has grown by 9.7% in the last 5 years. The second most common race or ethnicity in Tyler, TX is hispanic, making up 40.0% of the population. Foreign-born residents account for 13.2% of the population in Tyler, TX, and this percentage has increased by 0.8% 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 | 43.0% | 9.7% |
% Black | 14.5% | -32.2% |
% Hispanic | 40.0% | 3.1% |
% Asian | 0.6% | 20.0% |
% Foreign Born | 13.2% | 0.8% |
Mortgage and Risk — Tyler, TX
According to HUD data as of 2023, there were 115 mortgage originations in Tyler, TX, of which 83.0% of loans were conventional mortgages. The average loan-to-value was 73.0%, with 42.0% above 90% LTV (very high). This implies large mortgage risk in Tyler, TX. Investor activity is low, as 5.0% of loans were by investors. 6.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 115 |
% Conventional Loans | 83.0% |
% Government Loans | 17.0% |
% Investor Loans | 5.0% |
% Second Loans | 2.0% |
% Cash Out Refinance | 6.0% |
Loan Activity
Rentals and Section 8 — Tyler, TX
Tyler, TX lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 26 |
Total Units Section 8 | 26 |
% Rentals under Section 8 | 3.5% |
% Occupied Section 8 | 100.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $910 |
| 2 Bedroom | -$80 | $1,200 | $1,120 |
| 3 Bedroom | -$180 | $1,640 | $1,460 |
| 4 Bedroom | $80 | $1,650 | $1,730 |
Affordability — Tyler, TX
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 4.3 |
| Median Home Price | $248,000 |
| Median Household Income | $57,800 |