Iowa Park, TX—76367
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Iowa Park, TX
As of Oct '25, the median home price in Iowa Park, TX is $185,000, with a year-over-year change of 2.4%. This indicates that home prices in Iowa Park, TX are increasing. According to Zillow, the 1-year price projection is 1.1%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $185,000 | 2.4% |
| Single Family | $185,000 | 2.8% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $101,000 | -4.7% |
3 Bed | $184,000 | 3.4% |
4 Bed | $280,000 | 4.9% |
| 5 Bed | N/A | N/A |
% of Housing Stock
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.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,500 | $1,400 |
| Studio Rent | N/A | N/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 |
% of Rental Stock
Property Listings — Iowa Park, TX
As of Oct '25, Realtor.com reports that the median days on market for a home in Iowa Park, TX is 59. This is a increase of 39.0% 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 50.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $223,000 | 8.0% |
Listing Count | 40 | -6.0% |
| Listings as % of Homes | 0.4% | -6.0% |
Days on Market | 59 | 39.0% |
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.
| Metric | Latest Census | YoY % 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% |
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
| Metric | Latest Census | 5-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% |
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
| Metric | Zip 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% |
Loan Activity
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 Size | HUD Premium | Market Rent | Max 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
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 2.2 |
| Median Home Price | $185,000 |
| Median Household Income | $78,100 |