Aledo, TX 76008 - Home Prices, Rental Trends, Listings & Demographics | Prop:Metrics

Aledo, TX—76008

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value

$530,000

1.7% YoY Growth

Household Income

$161,000

25.0% YoY Growth

Days on Market

5.0% Longer YoY

Home Price Forecast

-0.2%

Median Rent

$3,250

3.8% YoY Growth

1-Bed Rent

$1,100

N/A

2-Bed Rent

$1,480

15.6% YoY Growth

3-Bed Rent

$2,800

6.5% YoY Growth

Home Price Trends — Aledo, TX

As of Dec '25, the median home price in Aledo, TX is $530,000, with a year-over-year change of -1.7%. This indicates that home prices in Aledo, TX are decreasing. According to Zillow, the 1-year price projection is -0.2%, suggesting a relatively flat housing market in the next year.

Cost per Home Type

Home Type	Median Home Value	YoY % Change
All Homes	$530,000	-1.7%
Single Family	$530,000	-1.9%
Condos	N/A	N/A

Cost per Home Size

Home Size	Median Home Value	YoY % Change
1 Bed

Rental Trends — Aledo, TX

As of July '25, Rentcast reports the average rent in Aledo, TX is $3,270, with a year-over-year rent change of 3.8%. Per bedroom, the median rent as of July '25 in Aledo, TX is 1-bedrooms: $1,170, 2-bedrooms: $1,480, 3-bedrooms: $2,960, 4-bedrooms: $3,600. The most common rental property sizes in Aledo, TX are 3-bedroom and 4-bedroom, accounting for 37.9% and 35.8% of the rental stock.

Type	Median Rent	Average Rent
Average Rent	$3,250	$3,270
Studio Rent	N/A	N/A
1 Bed Rent	$1,100	$1,170
2 Bed Rent	$1,480	$1,480
3 Bed Rent	$2,800	$2,960
4 Bed Rent	$3,580	$3,600

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% of Rental Stock

Studio

0.7%

1 Bedroom

2.5%

2 Bedrooms

23.0%

3 Bedrooms

37.9%

4 Bedrooms

35.8%

Property Listings — Aledo, TX

As of Dec '25, Realtor.com reports that the median days on market for a home in Aledo, TX is 69. This is a increase of 5.0% 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 34.0%, representing a large inventory and a lot of supply pressure on home prices.

Metric	Zip Code Average	Year over Year % Change
Median Listing Price	$600,000	-6.0%
Listing Count	316	17.0%
Listings as % of Homes	1.7%	17.0%
Days on Market	83	5.0%

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Demographics — Aledo, TX

As of the latest ACS Survey released in 2023, Aledo, TX has a population of 24,700, which has increased by 37.9% over the past 5 years. Aledo, TX is a popular place for families, as children make up 30.5% of the population. The area has a highly educated workforce, with 58.6% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 16.1% reporting working from home.

Metric	Latest Census	YoY % Change
Population	24,700	37.9%
% Under 18	30.5%	-1.0%
% Seniors	12.4%	12.7%
% WFH	16.1%	147.7%
% w/ College Degree	58.6%	8.7%

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As of the latest ACS Survey released in 2023, Aledo, TX is a predominantly white area, with 83.4% of the population identifying as white. The white population has shrunk by 4.5% in the last 5 years. The second most common race or ethnicity in Aledo, TX is hispanic, making up 12.2% of the population. Foreign-born residents account for 2.4% of the population in Aledo, TX, and this percentage has increased by 20.0% 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	83.4%	-4.5%
% Black	0.5%	-68.8%
% Hispanic	12.2%	58.4%
% Asian	0.6%	0.0%
% Foreign Born	2.4%	20.0%

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Mortgage and Risk — Aledo, TX

According to HUD data as of 2023, there were 747 mortgage originations in Aledo, TX, of which 82.0% of loans were conventional mortgages. The average loan-to-value was 65.0%, with 24.0% above 90% LTV (very high). This implies large mortgage risk in Aledo, TX. Investor activity is low, as 1.0% 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	747
% Conventional Loans	82.0%
% Government Loans	18.0%
% Investor Loans	1.0%
% Second Loans	1.0%
% Cash Out Refinance	6.0%

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Rentals and Section 8 — Aledo, TX

As of 2024, the percent of homes in Aledo, TX under the Section 8 program is 1.2%. This is considered low, suggesting that the neighborhood is sparsely composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. In Aledo, TX, all tracked home sizes have HUD payment amounts above market rent, suggesting strong Section 8 opportunity across the board.

Section 8 Market Size

Total Units under HUD	9
Total Units Section 8	9
% Rentals under Section 8	1.2%
% Occupied Section 8	N/A

Section 8 Opportunity

Home Size	HUD Premium	Market Rent	Max HUD Rent
1 Bedroom	$1,090	$1,100	$2,190
2 Bedroom	$1,080	$1,480	$2,560
3 Bedroom	$590	$2,800	$3,390
4 Bedroom	$550	$3,580	$4,130

Aledo, TX—76008

Key Metrics at a Glance

Home Price Trends — Aledo, TX

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Aledo, TX

% of Rental Stock

Property Listings — Aledo, TX

Demographics — Aledo, TX

Race and Ethnicity

Mortgage and Risk — Aledo, TX

Mortgages

Rentals and Section 8 — Aledo, TX

Section 8 Market Size

Section 8 Opportunity

Affordability — Aledo, TX

Home Price to Income Ratio

Aledo, TX — ZIP Code Boundary Map

Nearby ZIP Codes

Benbrook, TX

Cresson, TX

Chapel Creek, Fort Worth, TX

Weatherford, TX

Weatherford, TX

Frequently Asked Questions

Metric	Zip Code Average
Home Price to Income Ratio	3.4
Median Home Price	$530,000
Median Household Income	$161,000

Aledo, TX—76008

Key Metrics at a Glance

Home Price Trends — Aledo, TX

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Aledo, TX

% of Rental Stock

Property Listings — Aledo, TX

Demographics — Aledo, TX

Race and Ethnicity

Mortgage and Risk — Aledo, TX

Mortgages

Rentals and Section 8 — Aledo, TX

Section 8 Market Size

Section 8 Opportunity

Affordability — Aledo, TX

Home Price to Income Ratio

Aledo, TX — ZIP Code Boundary Map

Nearby ZIP Codes

Benbrook, TX

Cresson, TX

Chapel Creek, Fort Worth, TX

Weatherford, TX

Weatherford, TX

Frequently Asked Questions

What is the average home price in Aledo, TX 76008?

How have home prices in Aledo, TX 76008 changed over the past year?

What is the home price projection for Aledo, TX 76008?

What are the demographics of Aledo, TX 76008?

How long does it take homes to sell in Aledo, TX 76008?

What is the average rent price in Aledo, TX 76008?