Watauga, TX 76148 - Home Prices, Rental Trends, Listings & Demographics | Prop:Metrics

Watauga, TX—76148

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value

$265,000

3.0% YoY Growth

Household Income

$90,600

27.4% YoY Growth

Days on Market

0.0% Longer YoY

Home Price Forecast

-0.1%

Median Rent

$2,050

2.0% YoY Growth

1-Bed Rent

$850

11.6% YoY Growth

2-Bed Rent

N/A

3-Bed Rent

$2,050

2.0% YoY Growth

Home Price Trends — Watauga, TX

As of Dec '25, the median home price in Watauga, TX is $265,000, with a year-over-year change of -3.0%. This indicates that home prices in Watauga, 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	$265,000	-3.0%
Single Family	$265,000	-2.9%
Condos	N/A	N/A

Cost per Home Size

Home Size	Median Home Value	YoY % Change
1 Bed

Rental Trends — Watauga, TX

As of July '25, Rentcast reports the average rent in Watauga, TX is $2,060, with a year-over-year rent change of 2.0%. Per bedroom, the median rent as of July '25 in Watauga, TX is 1-bedrooms: $850, 3-bedrooms: $2,060, 4-bedrooms: $2,270. The most common rental property sizes in Watauga, TX are 3-bedroom and 2-bedroom, accounting for 82.0% and 6.3% of the rental stock.

Type	Median Rent	Average Rent
Average Rent	$2,050	$2,060
Studio Rent	N/A	N/A
1 Bed Rent	$850	$850
2 Bed Rent	N/A	N/A
3 Bed Rent	$2,050	$2,060
4 Bed Rent	$2,160	$2,270

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% of Rental Stock

Studio

2.3%

1 Bedroom

2.0%

2 Bedrooms

6.3%

3 Bedrooms

82.0%

4 Bedrooms

6.1%

5+ Bedrooms

1.4%

Property Listings — Watauga, TX

As of Dec '25, Realtor.com reports that the median days on market for a home in Watauga, TX is 39. This is a increase of 11.0% 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 23.0%, representing a small inventory and little supply pressure on home prices.

Metric	Zip Code Average	Year over Year % Change
Median Listing Price	$290,000	2.0%
Listing Count	89	1.0%
Listings as % of Homes	0.6%	1.0%
Days on Market	52	0.0%

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Demographics — Watauga, TX

As of the latest ACS Survey released in 2023, Watauga, TX has a population of 23,600, which has remained stable by 0.1% over the past 5 years. Watauga, TX is a moderately popular place for families, as children make up 22.5% of the population. The area has a poorly educated workforce, with 24.2% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 9.8% reporting working from home.

Metric	Latest Census	YoY % Change
Population	23,600	0.1%
% Under 18	22.5%	-11.8%
% Seniors	15.1%	36.0%
% WFH	9.8%	206.2%
% w/ College Degree	24.2%	33.7%

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As of the latest ACS Survey released in 2023, Watauga, TX is a predominantly white area, with 56.9% of the population identifying as white. The white population has shrunk by 13.3% in the last 5 years. The second most common race or ethnicity in Watauga, TX is hispanic, making up 29.2% of the population. Foreign-born residents account for 12.0% of the population in Watauga, TX, and this percentage has increased by 17.6% 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	56.9%	-13.3%
% Black	6.0%	87.5%
% Hispanic	29.2%	20.7%
% Asian	5.0%	11.1%
% Foreign Born	12.0%	17.6%

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Mortgage and Risk — Watauga, TX

According to HUD data as of 2023, there were 359 mortgage originations in Watauga, TX, of which 67.0% of loans were conventional mortgages. The average loan-to-value was 72.0%, with 47.0% above 90% LTV (very high). This implies large mortgage risk in Watauga, TX. Investor activity is low, as 3.0% of loans were by investors. 11.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.

Mortgages

Metric	Zip Code Average
Total Loan Originations	359
% Conventional Loans	67.0%
% Government Loans	33.0%
% Investor Loans	3.0%
% Second Loans	1.0%
% Cash Out Refinance	11.0%

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Rentals and Section 8 — Watauga, TX

Watauga, TX lacks sufficient Section 8 program data for analysis.

Section 8 Market Size

Total Units under HUD	68
Total Units Section 8	68
% Rentals under Section 8	4.7%
% Occupied Section 8	81.0%

Section 8 Opportunity

Home Size	HUD Premium	Market Rent	Max HUD Rent
1 Bedroom	$1,040	$850	$1,890
2 Bedroom	N/A	N/A	$2,200
3 Bedroom	$860	$2,050	$2,910
4 Bedroom	$1,390	$2,160	$3,550

Watauga, TX—76148

Key Metrics at a Glance

Home Price Trends — Watauga, TX

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Watauga, TX

% of Rental Stock

Property Listings — Watauga, TX

Demographics — Watauga, TX

Race and Ethnicity

Mortgage and Risk — Watauga, TX

Mortgages

Rentals and Section 8 — Watauga, TX

Section 8 Market Size

Section 8 Opportunity

Affordability — Watauga, TX

Home Price to Income Ratio

Watauga, TX — ZIP Code Boundary Map

Nearby ZIP Codes

North Richland Hills, TX

Summerfields, Fort Worth, TX

North Richland Hills, TX

Keller, TX

Haltom City, TX

Frequently Asked Questions

Metric	Zip Code Average
Home Price to Income Ratio	3
Median Home Price	$265,000
Median Household Income	$90,600

Watauga, TX—76148

Key Metrics at a Glance

Home Price Trends — Watauga, TX

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Watauga, TX

% of Rental Stock

Property Listings — Watauga, TX

Demographics — Watauga, TX

Race and Ethnicity

Mortgage and Risk — Watauga, TX

Mortgages

Rentals and Section 8 — Watauga, TX

Section 8 Market Size

Section 8 Opportunity

Affordability — Watauga, TX

Home Price to Income Ratio

Watauga, TX — ZIP Code Boundary Map

Nearby ZIP Codes

North Richland Hills, TX

Summerfields, Fort Worth, TX

North Richland Hills, TX

Keller, TX

Haltom City, TX

Frequently Asked Questions

What is the average home price in Watauga, TX 76148?

How have home prices in Watauga, TX 76148 changed over the past year?

What is the home price projection for Watauga, TX 76148?

What are the demographics of Watauga, TX 76148?

How long does it take homes to sell in Watauga, TX 76148?

What is the average rent price in Watauga, TX 76148?