Mc Gregor, TX—76657
Real Estate Data & Market Trends
Key Metrics at a Glance
Other Zip Codes in Mc Gregor, TX
Home Price Trends — Mc Gregor, TX
As of Oct '25, the median home price in Mc Gregor, TX is $325,000, with a year-over-year change of -0.5%. This indicates that home prices in Mc Gregor, TX are flat. According to Zillow, the 1-year price projection is 1.0%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $325,000 | -0.5% |
| Single Family | $326,000 | -0.3% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $143,000 | -3.4% |
3 Bed | $242,000 | -1.2% |
4 Bed | $496,000 | 0.0% |
| 5 Bed | $824,000 | -0.5% |
% of Housing Stock
Rental Trends — Mc Gregor, TX
As of July '25, Rentcast reports the average rent in Mc Gregor, TX is $1,470, with a year-over-year rent change of -16.0%. Per bedroom, the median rent as of July '25 in Mc Gregor, TX is 1-bedrooms: $1,110, 2-bedrooms: $1,330, 3-bedrooms: $1,830, 4-bedrooms: $2,000. The most common rental property sizes in Mc Gregor, TX are 3-bedroom and 2-bedroom, accounting for 49.9% and 32.2% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,380 | $1,470 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $1,100 | $1,110 |
| 2 Bed Rent | $1,380 | $1,330 |
| 3 Bed Rent | $1,650 | $1,830 |
| 4 Bed Rent | $2,000 | $2,000 |
% of Rental Stock
Property Listings — Mc Gregor, TX
As of Oct '25, Realtor.com reports that the median days on market for a home in Mc Gregor, TX is 106. This is a increase of 40.0% 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 24.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $360,000 | -20.0% |
Listing Count | 108 | 48.0% |
| Listings as % of Homes | 1.0% | 48.0% |
Days on Market | 106 | 40.0% |
Demographics — Mc Gregor, TX
As of the latest ACS Survey released in 2023, Mc Gregor, TX has a population of 12,800, which has increased by 29.0% over the past 5 years. Mc Gregor, TX is a popular place for families, as children make up 25.7% of the population. The area has a moderately educated workforce, with 38.3% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 14.3% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 12,800 | 29.0% |
% Under 18 | 25.7% | -3.4% |
% Seniors | 17.9% | 8.5% |
% WFH | 14.3% | 286.5% |
% w/ College Degree | 38.3% | 34.9% |
As of the latest ACS Survey released in 2023, Mc Gregor, TX is a predominantly white area, with 72.2% of the population identifying as white. The white population has grown by 12.6% in the last 5 years. The second most common race or ethnicity in Mc Gregor, TX is hispanic, making up 20.6% of the population. Foreign-born residents account for 7.6% of the population in Mc Gregor, TX, and this percentage has decreased by 15.6% 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 | 72.2% | 12.6% |
% Black | 2.0% | -63.0% |
% Hispanic | 20.6% | -23.1% |
% Asian | 0.2% | -89.5% |
% Foreign Born | 7.6% | -15.6% |
Mortgage and Risk — Mc Gregor, TX
According to HUD data as of 2023, there were 205 mortgage originations in Mc Gregor, TX, of which 77.0% of loans were conventional mortgages. The average loan-to-value was 71.0%, with 32.0% above 90% LTV (very high). This implies large mortgage risk in Mc Gregor, TX. Investor activity is low, as 9.0% of loans were by investors. 10.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 205 |
% Conventional Loans | 77.0% |
% Government Loans | 23.0% |
% Investor Loans | 9.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 10.0% |
Loan Activity
Rentals and Section 8 — Mc Gregor, TX
As of 2024, the percent of homes in Mc Gregor, TX under the Section 8 program is 1.5%. 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 Mc Gregor, TX, all tracked home sizes have HUD payment amounts above market rent, suggesting strong Section 8 opportunity across the board.
Section 8 Market Size
Total Units under HUD | 85 |
Total Units Section 8 | 11 |
% Rentals under Section 8 | 1.5% |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $120 | $1,100 | $1,220 |
| 2 Bedroom | $130 | $1,380 | $1,510 |
| 3 Bedroom | $310 | $1,650 | $1,960 |
| 4 Bedroom | $20 | $2,000 | $2,020 |
Affordability — Mc Gregor, TX
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.2 |
| Median Home Price | $325,000 |
| Median Household Income | $100,000 |