New Caney, TX77357

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$265,000
0.0% YoY Growth
Median Household Income
$73,800
39.3% 5-Year Growth
Days on Market
57
2.0% Longer than last year
Home Price Forecast
0.0%
Median Rent
$1,900
3.2% YoY Growth
1-Bed Rent
$1,380
9.8% YoY Growth
2-Bed Rent
$1,490
14.8% YoY Growth
3-Bed Rent
$1,800
0.6% YoY Growth

Property Listings — New Caney, TX

As of Oct '25, Realtor.com reports that the median days on market for a home in New Caney, TX is 57. This is a increase of 2.0% 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 20.0%, representing a small inventory and little supply pressure on home prices.

MetricZip Code AverageYear over Year % Change
Median Listing Price
$317,0001.0%
Listing Count
361-14.0%
Listings as % of Homes2.4%-14.0%
Days on Market
572.0%
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Demographics — New Caney, TX

As of the latest ACS Survey released in 2023, New Caney, TX has a population of 34,800, which has increased by 37.1% over the past 5 years. New Caney, TX is a popular place for families, as children make up 29.5% of the population. The area has a poorly educated workforce, with 14.6% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 7.5% reporting working from home.

MetricLatest CensusYoY % Change
Population
34,80037.1%
% Under 18
29.5%2.1%
% Seniors
7.9%-30.1%
% WFH
7.5%212.5%
% w/ College Degree
14.6%20.7%
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As of the latest ACS Survey released in 2023, New Caney, TX is a predominantly hispanic area, with 49.3% of the population identifying as hispanic. The hispanic population has grown by 7.6% in the last 5 years. The second most common race or ethnicity in New Caney, TX is white, making up 44.7% of the population. Foreign-born residents account for 22.8% of the population in New Caney, TX, and this percentage has increased by 34.9% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.

Race and Ethnicity

MetricLatest Census5-Year % Change
% White
44.7%-8.0%
% Black
3.2%23.1%
% Hispanic
49.3%7.6%
% Asian
0.3%50.0%
% Foreign Born
22.8%34.9%
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Mortgage and Risk — New Caney, TX

According to HUD data as of 2023, there were 1609 mortgage originations in New Caney, TX, of which 40.0% of loans were conventional mortgages. The average loan-to-value was 88.0%, with 70.0% above 90% LTV (very high). This implies large mortgage risk in New Caney, TX. Investor activity is low, as 3.0% of loans were by investors. 2.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.

Mortgages

MetricZip Code Average
Total Loan Originations
1,609
% Conventional Loans
40.0%
% Government Loans
60.0%
% Investor Loans
3.0%
% Second Loans
0.0%
% Cash Out Refinance
2.0%

Loan Activity

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Rentals and Section 8 — New Caney, TX

As of 2024, the percent of homes in New Caney, TX under the Section 8 program is 0.3%. 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. 3-bedroom and 4-bedroom units appear to be good home sizes to consider for Section 8 housing in New Caney, TX, because HUD payments exceed market rent, while 1-bedroom and 2-bedroom units do not.

Section 8 Market Size

Total Units under HUD
11
Total Units Section 8
11
% Rentals under Section 8
0.3%
% Occupied Section 8
N/A

Section 8 Opportunity

Home SizeHUD PremiumMarket RentMax HUD Rent
1 Bedroom-$220$1,380$1,160
2 Bedroom-$100$1,490$1,390
3 Bedroom$50$1,800$1,850
4 Bedroom$230$2,100$2,330

Affordability — New Caney, TX

Home Price to Income Ratio

MetricZip Code Average
Home Price to Income Ratio3.8
Median Home Price$265,000
Median Household Income$73,800

New Caney, TX — ZIP Code Boundary Map

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Frequently Asked Questions