Miles, TX—76861
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Miles, TX
Miles, TX lacks sufficient home price data for analysis.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $263,000 | 1.8% |
| Single Family | $262,000 | 3.1% |
| 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 | N/A | N/A |
4 Bed | N/A | N/A |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Miles, TX
Miles, TX lacks sufficient rental market data for analysis.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | N/A | N/A |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | N/A | N/A |
| 3 Bed Rent | N/A | N/A |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Miles, TX
As of Oct '25, Realtor.com reports that the median days on market for a home in Miles, TX is 149. This is a increase of 31.0% 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.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $490,000 | 17.0% |
Listing Count | 2 | -55.0% |
| Listings as % of Homes | 0.5% | -55.0% |
Days on Market | 149 | 31.0% |
Demographics — Miles, TX
As of the latest ACS Survey released in 2023, Miles, TX has a population of 2,140, which has increased by 11.3% over the past 5 years. Miles, TX is a popular place for families, as children make up 27.4% of the population. The area has a poorly educated workforce, with 20.9% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 3.6% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 2,140 | 11.3% |
% Under 18 | 27.4% | -3.9% |
% Seniors | 15.4% | 5.5% |
% WFH | 3.6% | 5.9% |
% w/ College Degree | 20.9% | -0.9% |
As of the latest ACS Survey released in 2023, Miles, TX is a predominantly white area, with 57.6% of the population identifying as white. The white population has shrunk by 15.4% in the last 5 years. The second most common race or ethnicity in Miles, TX is hispanic, making up 40.8% of the population. Foreign-born residents account for 8.8% of the population in Miles, TX, and this percentage has decreased by 21.4% 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 | 57.6% | -15.4% |
% Black | 0.5% | 150.0% |
% Hispanic | 40.8% | 29.9% |
% Asian | 0.0% | N/A |
% Foreign Born | 8.8% | -21.4% |
Mortgage and Risk — Miles, TX
According to HUD data as of 2023, there were 17 mortgage originations in Miles, TX, of which 88.0% of loans were conventional mortgages. The average loan-to-value was 81.0%, with 24.0% above 90% LTV (very high). This implies large mortgage risk in Miles, TX. Investor activity is low, as 12.0% of loans were by investors. 0.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 17 |
% Conventional Loans | 88.0% |
% Government Loans | 12.0% |
% Investor Loans | 12.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 0.0% |
Loan Activity
Rentals and Section 8 — Miles, TX
Miles, TX lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | N/A |
Total Units Section 8 | N/A |
% Rentals under Section 8 | N/A |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $870 |
| 2 Bedroom | N/A | N/A | $1,070 |
| 3 Bedroom | N/A | N/A | $1,380 |
| 4 Bedroom | N/A | N/A | $1,730 |
Affordability — Miles, TX
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3 |
| Median Home Price | $263,000 |
| Median Household Income | $86,100 |