Willis, TX—77318
Real Estate Data & Market Trends
Key Metrics at a Glance
Other Zip Codes in Willis, TX
Home Price Trends — Willis, TX
As of Oct '25, the median home price in Willis, TX is $334,000, with a year-over-year change of 0.9%. This indicates that home prices in Willis, TX are flat. According to Zillow, the 1-year price projection is -0.1%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $334,000 | 0.9% |
| Single Family | $337,000 | 1.2% |
| Condos | $223,000 | 5.7% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $209,000 | 3.0% |
3 Bed | $287,000 | 0.7% |
4 Bed | $395,000 | 0.8% |
| 5 Bed | $644,000 | 5.9% |
% of Housing Stock
Rental Trends — Willis, TX
As of July '25, Rentcast reports the average rent in Willis, TX is $2,080, with a year-over-year rent change of 4.5%. Per bedroom, the median rent as of July '25 in Willis, TX is 1-bedrooms: $1,060, 2-bedrooms: $1,610, 3-bedrooms: $1,950, 4-bedrooms: $2,740. The most common rental property sizes in Willis, TX are 3-bedroom and 2-bedroom, accounting for 55.3% and 36.8% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,850 | $2,080 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $900 | $1,060 |
| 2 Bed Rent | $1,450 | $1,610 |
| 3 Bed Rent | $1,800 | $1,950 |
| 4 Bed Rent | $2,700 | $2,740 |
% of Rental Stock
Property Listings — Willis, TX
As of Oct '25, Realtor.com reports that the median days on market for a home in Willis, TX is 62. This is a increase of 3.0% 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 23.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $350,000 | 1.0% |
Listing Count | 410 | 1.0% |
| Listings as % of Homes | 3.2% | 1.0% |
Days on Market | 62 | 3.0% |
Demographics — Willis, TX
As of the latest ACS Survey released in 2023, Willis, TX has a population of 19,800, which has increased by 28.9% over the past 5 years. Willis, TX is a moderately popular place for families, as children make up 20.8% of the population. The area has a moderately educated workforce, with 29.9% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 11.2% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 19,800 | 28.9% |
% Under 18 | 20.8% | -5.0% |
% Seniors | 20.2% | 3.1% |
% WFH | 11.2% | 124.0% |
% w/ College Degree | 29.9% | 18.2% |
As of the latest ACS Survey released in 2023, Willis, TX is a predominantly white area, with 71.7% of the population identifying as white. The white population has shrunk by 14.8% in the last 5 years. The second most common race or ethnicity in Willis, TX is hispanic, making up 17.1% of the population. Foreign-born residents account for 6.4% of the population in Willis, TX, and this percentage has increased by 10.3% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 71.7% | -14.8% |
% Black | 3.3% | 153.8% |
% Hispanic | 17.1% | 64.4% |
% Asian | 0.9% | -18.2% |
% Foreign Born | 6.4% | 10.3% |
Mortgage and Risk — Willis, TX
According to HUD data as of 2023, there were 635 mortgage originations in Willis, TX, of which 69.0% of loans were conventional mortgages. The average loan-to-value was 77.0%, with 41.0% above 90% LTV (very high). This implies large mortgage risk in Willis, TX. Investor activity is low, as 2.0% of loans were by investors. 5.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 635 |
% Conventional Loans | 69.0% |
% Government Loans | 31.0% |
% Investor Loans | 2.0% |
% Second Loans | 4.0% |
% Cash Out Refinance | 5.0% |
Loan Activity
Rentals and Section 8 — Willis, TX
As of 2024, the percent of homes in Willis, TX under the Section 8 program is 1.8%. 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 and 3-bedroom units appear to be good home sizes to consider for Section 8 housing in Willis, TX, because HUD payments exceed market rent, while 4-bedroom units do not.
Section 8 Market Size
Total Units under HUD | 32 |
Total Units Section 8 | 32 |
% Rentals under Section 8 | 1.8% |
% Occupied Section 8 | 85.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $330 | $900 | $1,230 |
| 2 Bedroom | $20 | $1,450 | $1,470 |
| 3 Bedroom | $160 | $1,800 | $1,960 |
| 4 Bedroom | -$230 | $2,700 | $2,470 |
Affordability — Willis, TX
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.7 |
| Median Home Price | $334,000 |
| Median Household Income | $90,200 |