Azle, TX—76020
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Azle, TX
As of Oct '25, the median home price in Azle, TX is $326,000, with a year-over-year change of -1.6%. This indicates that home prices in Azle, TX are decreasing. According to Zillow, the 1-year price projection is -0.1%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $326,000 | -1.6% |
| Single Family | $326,000 | -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 | $202,000 | -1.9% |
3 Bed | $288,000 | -2.0% |
4 Bed | $405,000 | -1.7% |
| 5 Bed | $547,000 | -0.7% |
% of Housing Stock
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.
| Type | Median Rent | Average 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 |
% of Rental Stock
Property Listings — Azle, TX
As of Oct '25, Realtor.com reports that the median days on market for a home in Azle, TX is 64. This is a increase of 18.0% 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 30.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $421,000 | -7.0% |
Listing Count | 323 | 9.0% |
| Listings as % of Homes | 1.3% | 9.0% |
Days on Market | 64 | 18.0% |
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.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 32,900 | 16.5% |
% Under 18 | 23.3% | 5.9% |
% Seniors | 15.8% | -1.2% |
% WFH | 14.1% | 187.8% |
% w/ College Degree | 19.9% | 2.6% |
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
| Metric | Latest Census | 5-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% |
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
| Metric | Zip 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% |
Loan Activity
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 Size | HUD Premium | Market Rent | Max 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
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.7 |
| Median Home Price | $326,000 |
| Median Household Income | $91,000 |