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Iowa Park, TX—76367

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$201,000
4.1% YoY Growth
Household Income
$78,100
35.2% YoY Growth
Days on Market
37
4.0% Longer YoY
Home Price Forecast
0.8%
Median Rent
$1,500
3.4% YoY Growth
1-Bed Rent
$955
27.3% YoY Growth
2-Bed Rent
$1,000
0.0% YoY Growth
3-Bed Rent
$1,600
0.7% YoY Growth
  • Home Price Trends
  • Rental Trends
  • Property Listings
  • Demographics
  • Mortgage and Risk

Home Price Trends — Iowa Park, TX

As of May '26, the median home price in Iowa Park, TX is $201,000, with a year-over-year change of 4.1%. This indicates that home prices in Iowa Park, TX are increasing. According to Zillow, the 1-year price projection is 0.8%, suggesting a relatively flat housing market in the next year.

Cost per Home Type

Home TypeMedian Home ValueYoY % Change
All Homes
$201,0004.1%
Single Family $201,0004.7%
Condos N/AN/A

Cost per Home Size

Home SizeMedian Home ValueYoY % Change
1 Bed
  • Affordability
  • Rentals and Section 8
    • N/A
    N/A
    2 Bed
    		$113,000-1.7%
    3 Bed
    		$200,0005.8%
    4 Bed
    		$296,0006.1%
    5 Bed N/AN/A
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    % of Housing Stock

    1 Bedroom
    4.2%
    2 Bedrooms
    22.8%
    3 Bedrooms
    61.5%
    4 Bedrooms
    10.6%
    5+ Bedrooms
    0.9%

    Rental Trends — Iowa Park, TX

    As of July '25, Rentcast reports the average rent in Iowa Park, TX is $1,400, with a year-over-year rent change of -3.4%. Per bedroom, the median rent as of July '25 in Iowa Park, TX is 1-bedrooms: $955, 2-bedrooms: $1,140, 3-bedrooms: $1,530, 4-bedrooms: $1,350. The most common rental property sizes in Iowa Park, TX are 3-bedroom and 2-bedroom, accounting for 50.2% and 33.0% of the rental stock.

    TypeMedian RentAverage Rent
    Average Rent$1,500$1,400
    Studio Rent N/AN/A
    1 Bed Rent $955$955
    2 Bed Rent $1,000$1,140
    3 Bed Rent $1,600$1,530
    4 Bed Rent $1,200$1,350
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    % of Rental Stock

    1 Bedroom
    16.8%
    2 Bedrooms
    33.0%
    3 Bedrooms
    50.2%

    Property Listings — Iowa Park, TX

    As of May '26, Realtor.com reports that the median days on market for a home in Iowa Park, TX is 37. This is a increase of 4.0% 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 40.0%, representing a large inventory and a lot of supply pressure on home prices.

    MetricZip Code AverageYear over Year % Change
    Median Listing Price
    		$270,00014.0%
    Listing Count
    		30-26.0%
    Listings as % of Homes0.4%-26.0%
    Days on Market
    		374.0%
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    Demographics — Iowa Park, TX

    As of the latest ACS Survey released in 2023, Iowa Park, TX has a population of 14,000, which has decreased by -6.1% over the past 5 years. Iowa Park, TX is a moderately popular place for families, as children make up 18.3% of the population. The area has a poorly educated workforce, with 17.9% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 5.0% reporting working from home.

    MetricLatest CensusYoY % Change
    Population
    		14,000-6.1%
    % Under 18
    		18.3%12.3%
    % Seniors
    		13.6%17.2%
    % WFH
    		5.0%354.5%
    % w/ College Degree
    		17.9%54.3%
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    As of the latest ACS Survey released in 2023, Iowa Park, TX is a predominantly white area, with 69.8% of the population identifying as white. The white population has grown by 5.4% in the last 5 years. The second most common race or ethnicity in Iowa Park, TX is hispanic, making up 15.7% of the population. Foreign-born residents account for 3.6% of the population in Iowa Park, TX, and this percentage has increased by 16.1% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.

    Race and Ethnicity

    MetricLatest Census5-Year % Change
    % White
    		69.8%5.4%
    % Black
    		10.0%-25.4%
    % Hispanic
    		15.7%-13.3%
    % Asian
    		1.4%600.0%
    % Foreign Born
    		3.6%16.1%
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    Mortgage and Risk — Iowa Park, TX

    According to HUD data as of 2023, there were 234 mortgage originations in Iowa Park, TX, of which 59.0% of loans were conventional mortgages. The average loan-to-value was 78.0%, with 40.0% above 90% LTV (very high). This implies large mortgage risk in Iowa Park, TX. Investor activity is low, as 7.0% of loans were by investors. 16.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.

    Mortgages

    MetricZip Code Average
    Total Loan Originations
    		234
    % Conventional Loans
    		59.0%
    % Government Loans
    		41.0%
    % Investor Loans
    		7.0%
    % Second Loans
    		1.0%
    % Cash Out Refinance
    		16.0%
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    Rentals and Section 8 — Iowa Park, TX

    As of 2024, the percent of homes in Iowa Park, TX under the Section 8 program is 0.2%. 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 Iowa Park, 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
    		N/A
    Total Units Section 8
    		N/A
    % Rentals under Section 8
    		0.2%
    % Occupied Section 8
    		N/A

    Section 8 Opportunity

    Home SizeHUD PremiumMarket RentMax HUD Rent
    1 Bedroom$145$955$1,100
    2 Bedroom$350$1,000$1,350
    3 Bedroom$250$1,600$1,850
    4 Bedroom$890$1,200$2,090

    Affordability — Iowa Park, TX

    Home Price to Income Ratio

    MetricZip Code Average
    Home Price to Income Ratio2.3
    Median Home Price$201,000
    Median Household Income$78,100

    Iowa Park, TX — ZIP Code Boundary Map

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    Nearby ZIP Codes

    Burkburnett, TX

    76354

    Wichita Falls, TX

    76309

    Wichita Falls, TX

    76306

    Bacon, TX

    76311

    Wichita Falls, TX

    76308

    Frequently Asked Questions