Boyd, TX—76023
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Boyd, TX
As of Oct '25, the median home price in Boyd, TX is $376,000, with a year-over-year change of -1.6%. This indicates that home prices in Boyd, TX are decreasing. According to Zillow, the 1-year price projection is 0.5%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $376,000 | -1.6% |
| Single Family | $377,000 | -1.8% |
| 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 | $342,000 | -2.0% |
4 Bed | $448,000 | 0.0% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Boyd, TX
As of July '25, Rentcast reports the average rent in Boyd, TX is $1,850, with a year-over-year rent change of -2.1%. Per bedroom, the median rent as of July '25 in Boyd, TX is 1-bedrooms: $985, 2-bedrooms: $975, 3-bedrooms: $1,740, 4-bedrooms: $2,140. The most common rental property sizes in Boyd, TX are 3-bedroom and studio, accounting for 43.7% and 28.5% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $2,000 | $1,850 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $985 | $985 |
| 2 Bed Rent | $975 | $975 |
| 3 Bed Rent | $1,800 | $1,740 |
| 4 Bed Rent | $2,100 | $2,140 |
% of Rental Stock
Property Listings — Boyd, TX
As of Oct '25, Realtor.com reports that the median days on market for a home in Boyd, TX is 74. This is a decrease of -16.0% 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 33.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $435,000 | -2.0% |
Listing Count | 73 | 7.0% |
| Listings as % of Homes | 2.4% | 7.0% |
Days on Market | 74 | -16.0% |
Demographics — Boyd, TX
As of the latest ACS Survey released in 2023, Boyd, TX has a population of 7,190, which has increased by 10.1% over the past 5 years. Boyd, TX is a moderately popular place for families, as children make up 22.9% of the population. The area has a poorly educated workforce, with 18.8% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 9.9% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 7,190 | 10.1% |
% Under 18 | 22.9% | 5.0% |
% Seniors | 13.4% | -8.8% |
% WFH | 9.9% | 90.4% |
% w/ College Degree | 18.8% | 5.0% |
As of the latest ACS Survey released in 2023, Boyd, TX is a predominantly white area, with 85.3% of the population identifying as white. The white population has shrunk by 5.8% in the last 5 years. The second most common race or ethnicity in Boyd, TX is hispanic, making up 10.9% of the population. Foreign-born residents account for 3.5% of the population in Boyd, TX, and this percentage has increased by 84.2% 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 | 85.3% | -5.8% |
% Black | 0.3% | 50.0% |
% Hispanic | 10.9% | 39.7% |
% Asian | 0.0% | N/A |
% Foreign Born | 3.5% | 84.2% |
Mortgage and Risk — Boyd, TX
According to HUD data as of 2023, there were 396 mortgage originations in Boyd, TX, of which 58.0% of loans were conventional mortgages. The average loan-to-value was 79.0%, with 52.0% above 90% LTV (very high). This implies large mortgage risk in Boyd, 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 | 396 |
% Conventional Loans | 58.0% |
% Government Loans | 42.0% |
% Investor Loans | 1.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 6.0% |
Loan Activity
Rentals and Section 8 — Boyd, TX
As of 2024, the percent of homes in Boyd, TX under the Section 8 program is 3.6%. 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. 1-bedroom and 2-bedroom units appear to be good home sizes to consider for Section 8 housing in Boyd, TX, because HUD payments exceed market rent, while 3-bedroom and 4-bedroom units do not.
Section 8 Market Size
Total Units under HUD | 16 |
Total Units Section 8 | 16 |
% Rentals under Section 8 | 3.6% |
% Occupied Section 8 | 88.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $65 | $985 | $1,050 |
| 2 Bedroom | $275 | $975 | $1,250 |
| 3 Bedroom | -$60 | $1,800 | $1,740 |
| 4 Bedroom | -$110 | $2,100 | $1,990 |
Affordability — Boyd, TX
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 4.7 |
| Median Home Price | $376,000 |
| Median Household Income | $80,900 |