Harker Heights, TX—76548
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Harker Heights, TX
As of Oct '25, the median home price in Harker Heights, TX is $295,000, with a year-over-year change of -2.2%. This indicates that home prices in Harker Heights, TX are decreasing. According to Zillow, the 1-year price projection is 0.4%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $295,000 | -2.2% |
| Single Family | $295,000 | -2.0% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $168,000 | 1.2% |
3 Bed | $247,000 | -2.4% |
4 Bed | $321,000 | -1.8% |
| 5 Bed | $396,000 | -2.5% |
% of Housing Stock
Rental Trends — Harker Heights, TX
As of July '25, Rentcast reports the average rent in Harker Heights, TX is $1,590, with a year-over-year rent change of 3.9%. Per bedroom, the median rent as of July '25 in Harker Heights, TX is 1-bedrooms: $742, 2-bedrooms: $936, 3-bedrooms: $1,500, 4-bedrooms: $2,100. The most common rental property sizes in Harker Heights, TX are 2-bedroom and 3-bedroom, accounting for 41.1% and 31.4% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,550 | $1,590 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $677 | $742 |
| 2 Bed Rent | $850 | $936 |
| 3 Bed Rent | $1,450 | $1,500 |
| 4 Bed Rent | $2,100 | $2,100 |
% of Rental Stock
Property Listings — Harker Heights, TX
As of Oct '25, Realtor.com reports that the median days on market for a home in Harker Heights, TX is 69. 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 31.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $324,000 | 0.0% |
Listing Count | 186 | 34.0% |
| Listings as % of Homes | 0.9% | 34.0% |
Days on Market | 69 | 11.0% |
Demographics — Harker Heights, TX
As of the latest ACS Survey released in 2023, Harker Heights, TX has a population of 33,100, which has increased by 9.0% over the past 5 years. Harker Heights, TX is a popular place for families, as children make up 30.8% of the population. The area has a moderately educated workforce, with 32.1% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 8.9% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 33,100 | 9.0% |
% Under 18 | 30.8% | 12.8% |
% Seniors | 9.9% | 8.8% |
% WFH | 8.9% | 134.2% |
% w/ College Degree | 32.1% | -10.8% |
As of the latest ACS Survey released in 2023, Harker Heights, TX is a predominantly white area, with 39.9% of the population identifying as white. The white population has shrunk by 16.5% in the last 5 years. The second most common race or ethnicity in Harker Heights, TX is black, making up 28.8% of the population. Foreign-born residents account for 9.7% of the population in Harker Heights, TX, and this percentage has decreased by 18.5% 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 | 39.9% | -16.5% |
% Black | 28.8% | 38.5% |
% Hispanic | 21.8% | 0.9% |
% Asian | 3.0% | -41.2% |
% Foreign Born | 9.7% | -18.5% |
Mortgage and Risk — Harker Heights, TX
According to HUD data as of 2023, there were 586 mortgage originations in Harker Heights, TX, of which 33.0% of loans were conventional mortgages. The average loan-to-value was 86.0%, with 65.0% above 90% LTV (very high). This implies large mortgage risk in Harker Heights, TX. Investor activity is low, as 2.0% of loans were by investors. 7.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 586 |
% Conventional Loans | 33.0% |
% Government Loans | 67.0% |
% Investor Loans | 2.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 7.0% |
Loan Activity
Rentals and Section 8 — Harker Heights, TX
As of 2024, the percent of homes in Harker Heights, TX under the Section 8 program is 2.8%. 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. 1-bedroom and 2-bedroom and 3-bedroom units appear to be good home sizes to consider for Section 8 housing in Harker Heights, TX, because HUD payments exceed market rent, while 4-bedroom units do not.
Section 8 Market Size
Total Units under HUD | 102 |
Total Units Section 8 | 102 |
% Rentals under Section 8 | 2.8% |
% Occupied Section 8 | 64.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $223 | $677 | $900 |
| 2 Bedroom | $290 | $850 | $1,140 |
| 3 Bedroom | $140 | $1,450 | $1,590 |
| 4 Bedroom | -$190 | $2,100 | $1,910 |
Affordability — Harker Heights, TX
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.8 |
| Median Home Price | $295,000 |
| Median Household Income | $80,800 |