Italy, TX—76651
Real Estate Data & Market Trends
Key Metrics at a Glance
Other Zip Codes in Italy, TX
Home Price Trends — Italy, TX
As of Oct '25, the median home price in Italy, TX is $250,000, with a year-over-year change of -1.0%. This indicates that home prices in Italy, 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 Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $250,000 | -1.0% |
| Single Family | $250,000 | -0.8% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | N/A | N/A |
3 Bed | $260,000 | -0.4% |
4 Bed | N/A | N/A |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Italy, TX
As of July '25, Rentcast reports the average rent in Italy, TX is $1,760, with a year-over-year rent change of 23.1%. Per bedroom, the median rent as of July '25 in Italy, TX is 3-bedrooms: $1,760. The most common rental property sizes in Italy, TX are 3-bedroom and studio, accounting for 47.7% and 21.9% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,650 | $1,760 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | N/A | N/A |
| 3 Bed Rent | $1,650 | $1,760 |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Italy, TX
As of Oct '25, Realtor.com reports that the median days on market for a home in Italy, TX is 79. This is a increase of 32.0% 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 | $397,000 | 14.0% |
Listing Count | 15 | -23.0% |
| Listings as % of Homes | 0.7% | -23.0% |
Days on Market | 79 | 32.0% |
Demographics — Italy, TX
As of the latest ACS Survey released in 2023, Italy, TX has a population of 4,070, which has increased by 26.4% over the past 5 years. Italy, TX is a popular place for families, as children make up 33.2% of the population. The area has a poorly educated workforce, with 20.6% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 5.1% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 4,070 | 26.4% |
% Under 18 | 33.2% | 48.9% |
% Seniors | 15.3% | 4.1% |
% WFH | 5.1% | 21.4% |
% w/ College Degree | 20.6% | 80.7% |
As of the latest ACS Survey released in 2023, Italy, TX is a predominantly white area, with 64.0% of the population identifying as white. The white population has grown by 4.4% in the last 5 years. The second most common race or ethnicity in Italy, TX is hispanic, making up 18.5% of the population. Foreign-born residents account for 3.3% of the population in Italy, TX, and this percentage has decreased by 57.7% 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 | 64.0% | 4.4% |
% Black | 13.5% | 21.6% |
% Hispanic | 18.5% | -23.9% |
% Asian | 0.6% | ∞% |
% Foreign Born | 3.3% | -57.7% |
Mortgage and Risk — Italy, TX
According to HUD data as of 2023, there were 83 mortgage originations in Italy, TX, of which 59.0% of loans were conventional mortgages. The average loan-to-value was 76.0%, with 49.0% above 90% LTV (very high). This implies large mortgage risk in Italy, TX. Investor activity is low, as 1.0% of loans were by investors. 13.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 83 |
% Conventional Loans | 59.0% |
% Government Loans | 41.0% |
% Investor Loans | 1.0% |
% Second Loans | 2.0% |
% Cash Out Refinance | 13.0% |
Loan Activity
Rentals and Section 8 — Italy, TX
Italy, TX lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 2 |
Total Units Section 8 | 2 |
% Rentals under Section 8 | 0.5% |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $1,210 |
| 2 Bedroom | N/A | N/A | $1,420 |
| 3 Bedroom | $130 | $1,650 | $1,780 |
| 4 Bedroom | N/A | N/A | $2,290 |
Affordability — Italy, TX
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.6 |
| Median Home Price | $250,000 |
| Median Household Income | $69,200 |