Rickels, TX—76426
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Rickels, TX
As of Oct '25, the median home price in Rickels, TX is $274,000, with a year-over-year change of -3.5%. This indicates that home prices in Rickels, TX are decreasing. According to Zillow, the 1-year price projection is 0.0%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $274,000 | -3.5% |
| Single Family | $277,000 | -3.5% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $189,000 | -5.0% |
3 Bed | $286,000 | -2.7% |
4 Bed | $356,000 | -1.9% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Rickels, TX
As of July '25, Rentcast reports the average rent in Rickels, TX is $1,740, with a year-over-year rent change of 22.5%. Per bedroom, the median rent as of July '25 in Rickels, TX is studios: $600, 1-bedrooms: $1,040, 2-bedrooms: $1,380, 3-bedrooms: $1,820, 4-bedrooms: $2,710. The most common rental property sizes in Rickels, TX are 2-bedroom and 3-bedroom, accounting for 48.4% and 32.5% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,650 | $1,740 |
| Studio Rent | $600 | $600 |
| 1 Bed Rent | $1,050 | $1,040 |
| 2 Bed Rent | $1,500 | $1,380 |
| 3 Bed Rent | $1,700 | $1,820 |
| 4 Bed Rent | $2,350 | $2,710 |
% of Rental Stock
Property Listings — Rickels, TX
As of Oct '25, Realtor.com reports that the median days on market for a home in Rickels, TX is 87. This is a increase of 20.0% 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 27.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $354,000 | 7.0% |
Listing Count | 124 | 18.0% |
| Listings as % of Homes | 1.2% | 18.0% |
Days on Market | 87 | 20.0% |
Demographics — Rickels, TX
As of the latest ACS Survey released in 2023, Rickels, TX has a population of 11,100, which has decreased by -9.7% over the past 5 years. Rickels, TX is a moderately popular place for families, as children make up 21.3% of the population. The area has a poorly educated workforce, with 22.9% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 7.9% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 11,100 | -9.7% |
% Under 18 | 21.3% | -2.3% |
% Seniors | 16.7% | 3.1% |
% WFH | 7.9% | 92.7% |
% w/ College Degree | 22.9% | 41.4% |
As of the latest ACS Survey released in 2023, Rickels, TX is a predominantly white area, with 60.4% of the population identifying as white. The white population has shrunk by 10.3% in the last 5 years. The second most common race or ethnicity in Rickels, TX is hispanic, making up 32.5% of the population. Foreign-born residents account for 14.5% of the population in Rickels, TX, and this percentage has increased by 14.2% 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 | 60.4% | -10.3% |
% Black | 2.7% | 12.5% |
% Hispanic | 32.5% | 13.2% |
% Asian | 1.1% | 450.0% |
% Foreign Born | 14.5% | 14.2% |
Mortgage and Risk — Rickels, TX
According to HUD data as of 2023, there were 300 mortgage originations in Rickels, TX, of which 67.0% of loans were conventional mortgages. The average loan-to-value was 75.0%, with 37.0% above 90% LTV (very high). This implies large mortgage risk in Rickels, TX. Investor activity is low, as 3.0% of loans were by investors. 9.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 300 |
% Conventional Loans | 67.0% |
% Government Loans | 33.0% |
% Investor Loans | 3.0% |
% Second Loans | 6.0% |
% Cash Out Refinance | 9.0% |
Loan Activity
Rentals and Section 8 — Rickels, TX
As of 2024, the percent of homes in Rickels, TX under the Section 8 program is 2.1%. 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 Rickels, TX, none of the tracked home sizes currently have HUD payment amounts above market rent, suggesting limited Section 8 opportunity.
Section 8 Market Size
Total Units under HUD | 40 |
Total Units Section 8 | 15 |
% Rentals under Section 8 | 2.1% |
% Occupied Section 8 | 85.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | -$100 | $1,050 | $950 |
| 2 Bedroom | -$390 | $1,500 | $1,110 |
| 3 Bedroom | -$150 | $1,700 | $1,550 |
| 4 Bedroom | -$590 | $2,350 | $1,760 |
Affordability — Rickels, TX
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.4 |
| Median Home Price | $274,000 |
| Median Household Income | $84,800 |