Thornberry, TX 76305 - Home Prices, Rental Trends, Listings & Demographics | Prop:Metrics

Thornberry, TX—76305

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value

$238,000

0.9% YoY Growth

Household Income

$79,000

44.7% YoY Growth

Days on Market

25.0% Shorter YoY

Home Price Forecast

2.0%

Median Rent

$1,050

0.0% YoY Growth

1-Bed Rent

N/A

2-Bed Rent

N/A

3-Bed Rent

$1,050

8.7% YoY Growth

Home Price Trends — Thornberry, TX

As of Dec '25, the median home price in Thornberry, TX is $238,000, with a year-over-year change of 0.9%. This indicates that home prices in Thornberry, TX are flat. According to Zillow, the 1-year price projection is 2.0%, suggesting an increase housing market in the next year.

Cost per Home Type

Home Type	Median Home Value	YoY % Change
All Homes	$238,000	0.9%
Single Family	$238,000	0.4%
Condos	N/A	N/A

Cost per Home Size

Home Size	Median Home Value	YoY % Change
1 Bed

Rental Trends — Thornberry, TX

As of July '25, Rentcast reports the average rent in Thornberry, TX is $1,150, with a year-over-year rent change of 0.0%. Per bedroom, the median rent as of July '25 in Thornberry, TX is 3-bedrooms: $1,050, 4-bedrooms: $1,250. The most common rental property sizes in Thornberry, TX are 2-bedroom and 3-bedroom, accounting for 45.9% and 41.0% of the rental stock.

Type	Median Rent	Average Rent
Average Rent	$1,050	$1,150
Studio Rent	N/A	N/A
1 Bed Rent	N/A	N/A
2 Bed Rent	N/A	N/A
3 Bed Rent	$1,050	$1,050
4 Bed Rent	$1,250	$1,250

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% of Rental Stock

Studio

3.5%

1 Bedroom

8.7%

2 Bedrooms

45.9%

3 Bedrooms

41.0%

4 Bedrooms

0.9%

Property Listings — Thornberry, TX

As of Dec '25, Realtor.com reports that the median days on market for a home in Thornberry, TX is 85. This is a decrease of -32.0% 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	$145,000	-36.0%
Listing Count	8	-46.0%
Listings as % of Homes	0.6%	-46.0%
Days on Market	74	-25.0%

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Demographics — Thornberry, TX

As of the latest ACS Survey released in 2023, Thornberry, TX has a population of 4,930, which has increased by 13.3% over the past 5 years. Thornberry, TX is a moderately popular place for families, as children make up 18.3% of the population. The area has a moderately educated workforce, with 25.2% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 3.3% reporting working from home.

Metric	Latest Census	YoY % Change
Population	4,930	13.3%
% Under 18	18.3%	-7.6%
% Seniors	21.1%	2.4%
% WFH	3.3%	73.7%
% w/ College Degree	25.2%	20.0%

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As of the latest ACS Survey released in 2023, Thornberry, TX is a predominantly white area, with 83.0% of the population identifying as white. The white population has shrunk by 1.5% in the last 5 years. The second most common race or ethnicity in Thornberry, TX is hispanic, making up 8.1% of the population. Foreign-born residents account for 2.3% of the population in Thornberry, TX, and this percentage has decreased by 34.3% 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	83.0%	-1.5%
% Black	1.6%	128.6%
% Hispanic	8.1%	1.2%
% Asian	1.2%	-58.6%
% Foreign Born	2.3%	-34.3%

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Mortgage and Risk — Thornberry, TX

According to HUD data as of 2023, there were 90 mortgage originations in Thornberry, TX, of which 83.0% of loans were conventional mortgages. The average loan-to-value was 70.0%, with 26.0% above 90% LTV (very high). This implies large mortgage risk in Thornberry, TX. Investor activity is low, as 6.0% of loans were by investors. 16.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.

Mortgages

Metric	Zip Code Average
Total Loan Originations	90
% Conventional Loans	83.0%
% Government Loans	17.0%
% Investor Loans	6.0%
% Second Loans	0.0%
% Cash Out Refinance	16.0%

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Rentals and Section 8 — Thornberry, TX

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

Section 8 Market Size

Total Units under HUD	57
Total Units Section 8	57
% Rentals under Section 8	12.4%
% Occupied Section 8	89.0%

Section 8 Opportunity

Home Size	HUD Premium	Market Rent	Max HUD Rent
1 Bedroom	N/A	N/A	$770
2 Bedroom	N/A	N/A	$950
3 Bedroom	$250	$1,050	$1,300
4 Bedroom	$220	$1,250	$1,470

Thornberry, TX—76305

Key Metrics at a Glance

Home Price Trends — Thornberry, TX

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Thornberry, TX

% of Rental Stock

Property Listings — Thornberry, TX

Demographics — Thornberry, TX

Race and Ethnicity

Mortgage and Risk — Thornberry, TX

Mortgages

Rentals and Section 8 — Thornberry, TX

Section 8 Market Size

Section 8 Opportunity

Affordability — Thornberry, TX

Home Price to Income Ratio

Thornberry, TX — ZIP Code Boundary Map

Nearby ZIP Codes

Bacon, TX

Petrolia, TX

Wichita Falls, TX

Wichita Falls, TX

Wichita Falls, TX

Frequently Asked Questions

Metric	Zip Code Average
Home Price to Income Ratio	2.8
Median Home Price	$238,000
Median Household Income	$79,000

Thornberry, TX—76305

Key Metrics at a Glance

Home Price Trends — Thornberry, TX

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Thornberry, TX

% of Rental Stock

Property Listings — Thornberry, TX

Demographics — Thornberry, TX

Race and Ethnicity

Mortgage and Risk — Thornberry, TX

Mortgages

Rentals and Section 8 — Thornberry, TX

Section 8 Market Size

Section 8 Opportunity

Affordability — Thornberry, TX

Home Price to Income Ratio

Thornberry, TX — ZIP Code Boundary Map

Nearby ZIP Codes

Bacon, TX

Petrolia, TX

Wichita Falls, TX

Wichita Falls, TX

Wichita Falls, TX

Frequently Asked Questions

What is the average home price in Thornberry, TX 76305?

How have home prices in Thornberry, TX 76305 changed over the past year?

What is the home price projection for Thornberry, TX 76305?

What are the demographics of Thornberry, TX 76305?

How long does it take homes to sell in Thornberry, TX 76305?

What is the average rent price in Thornberry, TX 76305?