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Elm Mott, TX—76640

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$232,000
0.6% YoY Growth
Household Income
$61,500
57.9% YoY Growth
Days on Market
82
76.0% Longer YoY
Home Price Forecast
0.0%
Median Rent
$1,300
22.4% YoY Growth
1-Bed Rent
N/A
N/A
2-Bed Rent
N/A
N/A
3-Bed Rent
$1,300
9.2% YoY Growth
  • Home Price Trends
  • Rental Trends
  • Property Listings
  • Demographics
  • Mortgage and Risk

Home Price Trends — Elm Mott, TX

As of May '26, the median home price in Elm Mott, TX is $232,000, with a year-over-year change of -0.6%. This indicates that home prices in Elm Mott, TX are flat. 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 TypeMedian Home ValueYoY % Change
All Homes
$232,000-0.6%
Single Family $232,0000.0%
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
    		$139,0000.0%
    3 Bed
    		$266,0000.4%
    4 Bed
    		$451,0003.9%
    5 Bed N/AN/A
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    % of Housing Stock

    Studio
    0.5%
    1 Bedroom
    2.3%
    2 Bedrooms
    11.5%
    3 Bedrooms
    71.9%
    4 Bedrooms
    8.5%
    5+ Bedrooms
    5.2%

    Rental Trends — Elm Mott, TX

    As of July '25, Rentcast reports the average rent in Elm Mott, TX is $1,420, with a year-over-year rent change of 22.4%. Per bedroom, the median rent as of July '25 in Elm Mott, TX is 3-bedrooms: $1,420. The most common rental property sizes in Elm Mott, TX are 3-bedroom and 2-bedroom, accounting for 63.1% and 35.5% of the rental stock.

    TypeMedian RentAverage Rent
    Average Rent$1,300$1,420
    Studio Rent N/AN/A
    1 Bed Rent N/AN/A
    2 Bed Rent N/AN/A
    3 Bed Rent $1,300$1,420
    4 Bed Rent N/AN/A
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    % of Rental Stock

    1 Bedroom
    1.4%
    2 Bedrooms
    35.5%
    3 Bedrooms
    63.1%

    Property Listings — Elm Mott, TX

    As of May '26, Realtor.com reports that the median days on market for a home in Elm Mott, TX is 82. This is a increase of 76.0% 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 0.0%, representing a small inventory and little supply pressure on home prices.

    MetricZip Code AverageYear over Year % Change
    Median Listing Price
    		$300,000-22.0%
    Listing Count
    		1045.0%
    Listings as % of Homes0.9%45.0%
    Days on Market
    		8276.0%
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    Demographics — Elm Mott, TX

    As of the latest ACS Survey released in 2023, Elm Mott, TX has a population of 2,960, which has decreased by -6.3% over the past 5 years. Elm Mott, TX is a popular place for families, as children make up 27.0% of the population. The area has a poorly educated workforce, with 17.0% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 4.2% reporting working from home.

    MetricLatest CensusYoY % Change
    Population
    		2,960-6.3%
    % Under 18
    		27.0%10.7%
    % Seniors
    		17.1%-8.6%
    % WFH
    		4.2%-16.0%
    % w/ College Degree
    		17.0%12.6%
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    As of the latest ACS Survey released in 2023, Elm Mott, TX is a predominantly white area, with 83.1% of the population identifying as white. The white population has shrunk by 0.4% in the last 5 years. The second most common race or ethnicity in Elm Mott, TX is hispanic, making up 15.9% of the population. Foreign-born residents account for 5.1% of the population in Elm Mott, TX, and this percentage has decreased by 5.6% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.

    Race and Ethnicity

    MetricLatest Census5-Year % Change
    % White
    		83.1%-0.4%
    % Black
    		0.0%-100.0%
    % Hispanic
    		15.9%84.9%
    % Asian
    		0.1%-85.7%
    % Foreign Born
    		5.1%-5.6%
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    Mortgage and Risk — Elm Mott, TX

    According to HUD data as of 2023, there were 21 mortgage originations in Elm Mott, TX, of which 81.0% of loans were conventional mortgages. The average loan-to-value was 82.0%, with 43.0% above 90% LTV (very high). This implies large mortgage risk in Elm Mott, TX. Investor activity is low, as 10.0% of loans were by investors. 14.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.

    Mortgages

    MetricZip Code Average
    Total Loan Originations
    		21
    % Conventional Loans
    		81.0%
    % Government Loans
    		19.0%
    % Investor Loans
    		10.0%
    % Second Loans
    		0.0%
    % Cash Out Refinance
    		14.0%
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    Rentals and Section 8 — Elm Mott, TX

    Elm Mott, TX lacks sufficient Section 8 program data for analysis.

    Section 8 Market Size

    Total Units under HUD
    		5
    Total Units Section 8
    		5
    % Rentals under Section 8
    		2.3%
    % Occupied Section 8
    		N/A

    Section 8 Opportunity

    Home SizeHUD PremiumMarket RentMax HUD Rent
    1 BedroomN/AN/A$970
    2 BedroomN/AN/A$1,210
    3 Bedroom$260$1,300$1,560
    4 BedroomN/AN/A$1,600

    Affordability — Elm Mott, TX

    Home Price to Income Ratio

    MetricZip Code Average
    Home Price to Income Ratio3.7
    Median Home Price$232,000
    Median Household Income$61,500

    Elm Mott, TX — ZIP Code Boundary Map

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    Nearby ZIP Codes

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    76705

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    76654

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    76691

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    76704

    Frequently Asked Questions