Mansfield, TX—76063
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Mansfield, TX
As of Oct '25, the median home price in Mansfield, TX is $432,000, with a year-over-year change of -2.4%. This indicates that home prices in Mansfield, TX are decreasing. According to Zillow, the 1-year price projection is -0.4%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $432,000 | -2.4% |
| Single Family | $432,000 | -2.5% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $270,000 | -2.9% |
3 Bed | $342,000 | -3.1% |
4 Bed | $471,000 | -2.5% |
| 5 Bed | $550,000 | -2.5% |
% of Housing Stock
Rental Trends — Mansfield, TX
As of July '25, Rentcast reports the average rent in Mansfield, TX is $2,150, with a year-over-year rent change of 3.4%. Per bedroom, the median rent as of July '25 in Mansfield, TX is studios: $2,530, 1-bedrooms: $1,350, 2-bedrooms: $1,780, 3-bedrooms: $2,260, 4-bedrooms: $3,100. The most common rental property sizes in Mansfield, TX are 3-bedroom and 2-bedroom, accounting for 30.1% and 30.0% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $2,000 | $2,150 |
| Studio Rent | $1,410 | $2,530 |
| 1 Bed Rent | $1,340 | $1,350 |
| 2 Bed Rent | $1,820 | $1,780 |
| 3 Bed Rent | $2,280 | $2,260 |
| 4 Bed Rent | $3,000 | $3,100 |
% of Rental Stock
Property Listings — Mansfield, TX
As of Oct '25, Realtor.com reports that the median days on market for a home in Mansfield, TX is 62. This is a increase of 10.0% 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 38.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $536,000 | 1.0% |
Listing Count | 380 | 0.0% |
| Listings as % of Homes | 1.2% | 0.0% |
Days on Market | 62 | 10.0% |
Demographics — Mansfield, TX
As of the latest ACS Survey released in 2023, Mansfield, TX has a population of 81,800, which has increased by 14.3% over the past 5 years. Mansfield, TX is a popular place for families, as children make up 28.2% of the population. The area has a moderately educated workforce, with 41.5% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 14.2% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 81,800 | 14.3% |
% Under 18 | 28.2% | -2.8% |
% Seniors | 10.8% | 11.3% |
% WFH | 14.2% | 189.8% |
% w/ College Degree | 41.5% | 3.2% |
As of the latest ACS Survey released in 2023, Mansfield, TX is a predominantly white area, with 51.6% of the population identifying as white. The white population has shrunk by 10.7% in the last 5 years. The second most common race or ethnicity in Mansfield, TX is black, making up 22.3% of the population. Foreign-born residents account for 12.3% of the population in Mansfield, TX, and this percentage has increased by 19.4% 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 | 51.6% | -10.7% |
% Black | 22.3% | 32.7% |
% Hispanic | 17.5% | -4.4% |
% Asian | 4.6% | 9.5% |
% Foreign Born | 12.3% | 19.4% |
Mortgage and Risk — Mansfield, TX
According to HUD data as of 2023, there were 1778 mortgage originations in Mansfield, TX, of which 76.0% of loans were conventional mortgages. The average loan-to-value was 72.0%, with 35.0% above 90% LTV (very high). This implies large mortgage risk in Mansfield, 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 | 1,778 |
% Conventional Loans | 76.0% |
% Government Loans | 24.0% |
% Investor Loans | 1.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 8.0% |
Loan Activity
Rentals and Section 8 — Mansfield, TX
As of 2024, the percent of homes in Mansfield, TX under the Section 8 program is 1.8%. 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 Mansfield, 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 | 248 |
Total Units Section 8 | 184 |
% Rentals under Section 8 | 1.8% |
% Occupied Section 8 | 85.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $440 | $1,340 | $1,780 |
| 2 Bedroom | $260 | $1,820 | $2,080 |
| 3 Bedroom | $470 | $2,280 | $2,750 |
| 4 Bedroom | $360 | $3,000 | $3,360 |
Affordability — Mansfield, TX
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.9 |
| Median Home Price | $432,000 |
| Median Household Income | $113,000 |