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Azle, TX—76020

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$335,000
1.4% YoY Growth
Household Income
$91,000
43.2% YoY Growth
Days on Market
57
6.0% Shorter YoY
Home Price Forecast
-1.1%
Median Rent
$1,700
8.2% YoY Growth
1-Bed Rent
$1,400
23.4% YoY Growth
2-Bed Rent
$1,600
7.2% YoY Growth
3-Bed Rent
$1,800
0.5% YoY Growth
  • Home Price Trends
  • Rental Trends
  • Property Listings
  • Demographics
  • Mortgage and Risk

Home Price Trends — Azle, TX

As of May '26, the median home price in Azle, TX is $335,000, with a year-over-year change of -1.4%. This indicates that home prices in Azle, TX are decreasing. According to Zillow, the 1-year price projection is -1.1%, suggesting a decrease housing market in the next year.

Cost per Home Type

Home TypeMedian Home ValueYoY % Change
All Homes
$335,000-1.4%
Single Family $336,000-1.2%
Condos N/AN/A

Cost per Home Size

Home SizeMedian Home ValueYoY % Change
1 Bed
  • Affordability
  • Rentals and Section 8
    • N/A
    N/A
    2 Bed
    		$208,000-2.3%
    3 Bed
    		$297,000-1.3%
    4 Bed
    		$410,000-3.5%
    5 Bed $569,887-2.8%
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    % of Housing Stock

    Studio
    1.3%
    1 Bedroom
    4.8%
    2 Bedrooms
    15.5%
    3 Bedrooms
    58.7%
    4 Bedrooms
    16.6%
    5+ Bedrooms
    3.0%

    Rental Trends — Azle, TX

    As of July '25, Rentcast reports the average rent in Azle, TX is $1,790, with a year-over-year rent change of -8.2%. Per bedroom, the median rent as of July '25 in Azle, TX is studios: $822, 1-bedrooms: $1,320, 2-bedrooms: $1,630, 3-bedrooms: $1,920, 4-bedrooms: $2,320. The most common rental property sizes in Azle, TX are 3-bedroom and 2-bedroom, accounting for 51.4% and 26.2% of the rental stock.

    TypeMedian RentAverage Rent
    Average Rent$1,700$1,790
    Studio Rent $650$822
    1 Bed Rent $1,400$1,320
    2 Bed Rent $1,600$1,630
    3 Bed Rent $1,800$1,920
    4 Bed Rent $2,300$2,320
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    % of Rental Stock

    Studio
    2.7%
    1 Bedroom
    14.1%
    2 Bedrooms
    26.2%
    3 Bedrooms
    51.4%
    4 Bedrooms
    5.7%

    Property Listings — Azle, TX

    As of May '26, Realtor.com reports that the median days on market for a home in Azle, TX is 57. This is a decrease of -6.0% 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 35.0%, representing a large inventory and a lot of supply pressure on home prices.

    MetricZip Code AverageYear over Year % Change
    Median Listing Price
    		$415,000-17.0%
    Listing Count
    		3099.0%
    Listings as % of Homes1.3%9.0%
    Days on Market
    		57-6.0%
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    Demographics — Azle, TX

    As of the latest ACS Survey released in 2023, Azle, TX has a population of 32,900, which has increased by 16.5% over the past 5 years. Azle, TX is a moderately popular place for families, as children make up 23.3% of the population. The area has a poorly educated workforce, with 19.9% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 14.1% reporting working from home.

    MetricLatest CensusYoY % Change
    Population
    		32,90016.5%
    % Under 18
    		23.3%5.9%
    % Seniors
    		15.8%-1.2%
    % WFH
    		14.1%187.8%
    % w/ College Degree
    		19.9%2.6%
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    As of the latest ACS Survey released in 2023, Azle, TX is a predominantly white area, with 77.6% of the population identifying as white. The white population has shrunk by 12.0% in the last 5 years. The second most common race or ethnicity in Azle, TX is hispanic, making up 17.8% of the population. Foreign-born residents account for 4.9% of the population in Azle, TX, and this percentage has increased by 69.0% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.

    Race and Ethnicity

    MetricLatest Census5-Year % Change
    % White
    		77.6%-12.0%
    % Black
    		1.2%200.0%
    % Hispanic
    		17.8%104.6%
    % Asian
    		0.3%-25.0%
    % Foreign Born
    		4.9%69.0%
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    Mortgage and Risk — Azle, TX

    According to HUD data as of 2023, there were 915 mortgage originations in Azle, TX, of which 61.0% of loans were conventional mortgages. The average loan-to-value was 76.0%, with 48.0% above 90% LTV (very high). This implies large mortgage risk in Azle, TX. Investor activity is low, as 1.0% of loans were by investors. 8.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.

    Mortgages

    MetricZip Code Average
    Total Loan Originations
    		915
    % Conventional Loans
    		61.0%
    % Government Loans
    		39.0%
    % Investor Loans
    		1.0%
    % Second Loans
    		1.0%
    % Cash Out Refinance
    		8.0%
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    Rentals and Section 8 — Azle, TX

    As of 2024, the percent of homes in Azle, TX under the Section 8 program is 1.1%. 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. 3-bedroom and 4-bedroom units appear to be good home sizes to consider for Section 8 housing in Azle, TX, because HUD payments exceed market rent, while 1-bedroom and 2-bedroom units do not.

    Section 8 Market Size

    Total Units under HUD
    		28
    Total Units Section 8
    		28
    % Rentals under Section 8
    		1.1%
    % Occupied Section 8
    		82.0%

    Section 8 Opportunity

    Home SizeHUD PremiumMarket RentMax HUD Rent
    1 Bedroom-$150$1,400$1,250
    2 Bedroom-$140$1,600$1,460
    3 Bedroom$140$1,800$1,940
    4 Bedroom$60$2,300$2,360

    Affordability — Azle, TX

    Home Price to Income Ratio

    MetricZip Code Average
    Home Price to Income Ratio3.8
    Median Home Price$335,000
    Median Household Income$91,000

    Azle, TX — ZIP Code Boundary Map

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    Nearby ZIP Codes

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    Frequently Asked Questions