Lorena, TX—76655
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Lorena, TX
As of Oct '25, the median home price in Lorena, TX is $342,000, with a year-over-year change of -1.9%. This indicates that home prices in Lorena, TX are decreasing. According to Zillow, the 1-year price projection is 0.7%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $342,000 | -1.9% |
| Single Family | $342,000 | -1.7% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $264,000 | -3.6% |
3 Bed | $306,000 | -2.2% |
4 Bed | $399,000 | -1.0% |
| 5 Bed | $463,000 | -0.9% |
% of Housing Stock
Rental Trends — Lorena, TX
As of July '25, Rentcast reports the average rent in Lorena, TX is $2,180, with a year-over-year rent change of 8.5%. Per bedroom, the median rent as of July '25 in Lorena, TX is studios: $2,000, 1-bedrooms: $1,250, 2-bedrooms: $1,700, 3-bedrooms: $2,120, 4-bedrooms: $2,440. The most common rental property sizes in Lorena, TX are 3-bedroom and 2-bedroom, accounting for 39.0% and 36.1% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $2,250 | $2,180 |
| Studio Rent | $2,000 | $2,000 |
| 1 Bed Rent | $1,250 | $1,250 |
| 2 Bed Rent | $1,650 | $1,700 |
| 3 Bed Rent | $2,250 | $2,120 |
| 4 Bed Rent | $2,400 | $2,440 |
% of Rental Stock
Property Listings — Lorena, TX
As of Oct '25, Realtor.com reports that the median days on market for a home in Lorena, TX is 101. This is a increase of 37.0% 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 29.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $370,000 | 1.0% |
Listing Count | 103 | 51.0% |
| Listings as % of Homes | 1.8% | 51.0% |
Days on Market | 101 | 37.0% |
Demographics — Lorena, TX
As of the latest ACS Survey released in 2023, Lorena, TX has a population of 9,570, which has increased by 10.6% over the past 5 years. Lorena, TX is a popular place for families, as children make up 25.4% of the population. The area has a moderately educated workforce, with 37.6% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 8.6% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 9,570 | 10.6% |
% Under 18 | 25.4% | 3.3% |
% Seniors | 14.1% | -9.0% |
% WFH | 8.6% | 75.5% |
% w/ College Degree | 37.6% | 25.3% |
As of the latest ACS Survey released in 2023, Lorena, TX is a predominantly white area, with 75.9% of the population identifying as white. The white population has shrunk by 10.2% in the last 5 years. The second most common race or ethnicity in Lorena, TX is hispanic, making up 16.9% of the population. Foreign-born residents account for 1.9% of the population in Lorena, TX, and this percentage has decreased by 26.9% 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 | 75.9% | -10.2% |
% Black | 2.8% | -22.2% |
% Hispanic | 16.9% | 77.9% |
% Asian | 0.3% | -72.7% |
% Foreign Born | 1.9% | -26.9% |
Mortgage and Risk — Lorena, TX
According to HUD data as of 2023, there were 124 mortgage originations in Lorena, TX, of which 84.0% of loans were conventional mortgages. The average loan-to-value was 68.0%, with 18.0% above 90% LTV (elevated). This implies medium mortgage risk in Lorena, TX. Investor activity is low, as 3.0% 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 | 124 |
% Conventional Loans | 84.0% |
% Government Loans | 16.0% |
% Investor Loans | 3.0% |
% Second Loans | 2.0% |
% Cash Out Refinance | 16.0% |
Loan Activity
Rentals and Section 8 — Lorena, TX
As of 2024, the percent of homes in Lorena, TX under the Section 8 program is 1.2%. 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. 1-bedroom and 2-bedroom units appear to be good home sizes to consider for Section 8 housing in Lorena, TX, because HUD payments exceed market rent, while 3-bedroom and 4-bedroom units do not.
Section 8 Market Size
Total Units under HUD | 5 |
Total Units Section 8 | 5 |
% Rentals under Section 8 | 1.2% |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $90 | $1,250 | $1,340 |
| 2 Bedroom | $20 | $1,650 | $1,670 |
| 3 Bedroom | -$80 | $2,250 | $2,170 |
| 4 Bedroom | -$140 | $2,400 | $2,260 |
Affordability — Lorena, TX
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.3 |
| Median Home Price | $342,000 |
| Median Household Income | $106,000 |