Aledo, TX—76008
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Aledo, TX
As of Oct '25, the median home price in Aledo, TX is $536,000, 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 -0.3%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $536,000 | -1.7% |
| Single Family | $536,000 | -1.5% |
| 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 | $416,000 | -1.9% |
4 Bed | $573,000 | -2.2% |
| 5 Bed | $744,000 | -2.9% |
% of Housing Stock
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 |
% of Rental Stock
Property Listings — Aledo, TX
As of Oct '25, Realtor.com reports that the median days on market for a home in Aledo, TX is 71. This is a increase of 13.0% 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 36.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $586,000 | -10.0% |
Listing Count | 344 | 10.0% |
| Listings as % of Homes | 1.7% | 10.0% |
Days on Market | 71 | 13.0% |
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% |
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% |
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% |
Loan Activity
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 |
Affordability — Aledo, TX
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.4 |
| Median Home Price | $536,000 |
| Median Household Income | $161,000 |