New Fairview, TX—76078
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — New Fairview, TX
As of Oct '25, the median home price in New Fairview, TX is $370,000, with a year-over-year change of -2.1%. This indicates that home prices in New Fairview, 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 | $370,000 | -2.1% |
| Single Family | $369,000 | -2.4% |
| 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 | $301,000 | -3.5% |
4 Bed | $427,000 | -2.3% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — New Fairview, TX
As of July '25, Rentcast reports the average rent in New Fairview, TX is $2,120, with a year-over-year rent change of 4.4%. Per bedroom, the median rent as of July '25 in New Fairview, TX is 2-bedrooms: $1,780, 3-bedrooms: $1,860, 4-bedrooms: $2,480. The most common rental property sizes in New Fairview, TX are 3-bedroom and 4-bedroom, accounting for 53.7% and 24.1% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,950 | $2,120 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | $1,550 | $1,780 |
| 3 Bed Rent | $1,850 | $1,860 |
| 4 Bed Rent | $2,020 | $2,480 |
% of Rental Stock
Property Listings — New Fairview, TX
As of Oct '25, Realtor.com reports that the median days on market for a home in New Fairview, TX is 57. This is a decrease of -17.0% 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 29.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $487,000 | 2.0% |
Listing Count | 132 | 18.0% |
| Listings as % of Homes | 1.9% | 18.0% |
Days on Market | 57 | -17.0% |
Demographics — New Fairview, TX
As of the latest ACS Survey released in 2023, New Fairview, TX has a population of 10,200, which has remained stable by 0.3% over the past 5 years. New Fairview, TX is a popular place for families, as children make up 26.8% of the population. The area has a poorly educated workforce, with 21.4% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 10.8% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 10,200 | 0.3% |
% Under 18 | 26.8% | -10.1% |
% Seniors | 11.1% | 4.7% |
% WFH | 10.8% | 92.9% |
% w/ College Degree | 21.4% | 14.4% |
As of the latest ACS Survey released in 2023, New Fairview, TX is a predominantly white area, with 68.6% of the population identifying as white. The white population has shrunk by 5.5% in the last 5 years. The second most common race or ethnicity in New Fairview, TX is hispanic, making up 24.4% of the population. Foreign-born residents account for 5.7% of the population in New Fairview, TX, and this percentage has decreased by 23.0% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 68.6% | -5.5% |
% Black | 1.8% | 350.0% |
% Hispanic | 24.4% | 7.0% |
% Asian | 0.3% | -50.0% |
% Foreign Born | 5.7% | -23.0% |
Mortgage and Risk — New Fairview, TX
According to HUD data as of 2023, there were 249 mortgage originations in New Fairview, TX, of which 65.0% of loans were conventional mortgages. The average loan-to-value was 73.0%, with 47.0% above 90% LTV (very high). This implies large mortgage risk in New Fairview, TX. Investor activity is low, as 1.0% of loans were by investors. 7.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 249 |
% Conventional Loans | 65.0% |
% Government Loans | 35.0% |
% Investor Loans | 1.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 7.0% |
Loan Activity
Rentals and Section 8 — New Fairview, TX
New Fairview, TX lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | N/A |
Total Units Section 8 | N/A |
% Rentals under Section 8 | N/A |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $1,310 |
| 2 Bedroom | $10 | $1,550 | $1,560 |
| 3 Bedroom | $310 | $1,850 | $2,160 |
| 4 Bedroom | $470 | $2,020 | $2,490 |
Affordability — New Fairview, TX
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 4 |
| Median Home Price | $370,000 |
| Median Household Income | $94,400 |