Hearne, TX 77859 - Home Prices, Rental Trends, Listings & Demographics | Prop:Metrics

Hearne, TX—77859

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value

$212,000

5.8% YoY Growth

Household Income

$52,200

15.8% YoY Growth

Days on Market

34.0% Longer YoY

Home Price Forecast

0.0%

Median Rent

$1,300

13.5% YoY Growth

1-Bed Rent

N/A

2-Bed Rent

$1,050

N/A

3-Bed Rent

$1,500

4.7% YoY Growth

Home Price Trends — Hearne, TX

As of May '26, the median home price in Hearne, TX is $212,000, with a year-over-year change of 5.8%. This indicates that home prices in Hearne, TX are increasing. According to Zillow, the 1-year price projection is 0.0%, suggesting a relatively flat housing market in the next year.

Cost per Home Type

Home Type	Median Home Value	YoY % Change
All Homes	$212,000	5.8%
Single Family	$212,000	6.0%
Condos	N/A	N/A

Cost per Home Size

Home Size	Median Home Value	YoY % Change
1 Bed

Rental Trends — Hearne, TX

As of July '25, Rentcast reports the average rent in Hearne, TX is $1,280, with a year-over-year rent change of -13.5%. Per bedroom, the median rent as of July '25 in Hearne, TX is 2-bedrooms: $1,150, 3-bedrooms: $1,550. The most common rental property sizes in Hearne, TX are 2-bedroom and 3-bedroom, accounting for 51.8% and 31.1% of the rental stock.

Type	Median Rent	Average Rent
Average Rent	$1,300	$1,280
Studio Rent	N/A	N/A
1 Bed Rent	N/A	N/A
2 Bed Rent	$1,050	$1,150
3 Bed Rent	$1,500	$1,550
4 Bed Rent	N/A	N/A

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% of Rental Stock

1 Bedroom

7.3%

2 Bedrooms

51.8%

3 Bedrooms

31.1%

4 Bedrooms

6.0%

5+ Bedrooms

3.7%

Property Listings — Hearne, TX

As of May '26, Realtor.com reports that the median days on market for a home in Hearne, TX is 63. This is a increase of 34.0% 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	$204,000	-6.0%
Listing Count	41	10.0%
Listings as % of Homes	0.4%	10.0%
Days on Market	63	34.0%

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Demographics — Hearne, TX

As of the latest ACS Survey released in 2023, Hearne, TX has a population of 7,520, which has increased by 10.2% over the past 5 years. Hearne, TX is a moderately popular place for families, as children make up 21.1% of the population. The area has a poorly educated workforce, with 14.1% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 4.6% reporting working from home.

Metric	Latest Census	YoY % Change
Population	7,520	10.2%
% Under 18	21.1%	-20.7%
% Seniors	17.5%	34.6%
% WFH	4.6%	360.0%
% w/ College Degree	14.1%	17.5%

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As of the latest ACS Survey released in 2023, Hearne, TX is a predominantly white area, with 40.2% of the population identifying as white. The white population has grown by 1.8% in the last 5 years. The second most common race or ethnicity in Hearne, TX is black, making up 29.9% of the population. Foreign-born residents account for 7.8% of the population in Hearne, TX, and this percentage has decreased by 22.0% 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	40.2%	1.8%
% Black	29.9%	15.4%
% Hispanic	29.8%	-12.1%
% Asian	0.0%	N/A
% Foreign Born	7.8%	-22.0%

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Mortgage and Risk — Hearne, TX

According to HUD data as of 2023, there were 83 mortgage originations in Hearne, TX, of which 66.0% of loans were conventional mortgages. The average loan-to-value was 79.0%, with 47.0% above 90% LTV (very high). This implies large mortgage risk in Hearne, TX. Investor activity is low, as 1.0% of loans were by investors. 7.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.

Mortgages

Metric	Zip Code Average
Total Loan Originations	83
% Conventional Loans	66.0%
% Government Loans	34.0%
% Investor Loans	1.0%
% Second Loans	1.0%
% Cash Out Refinance	7.0%

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Rentals and Section 8 — Hearne, TX

Hearne, TX lacks sufficient Section 8 program data for analysis.

Section 8 Market Size

Total Units under HUD	293
Total Units Section 8	143
% Rentals under Section 8	14.8%
% Occupied Section 8	85.4%

Section 8 Opportunity

Home Size	HUD Premium	Market Rent	Max HUD Rent
1 Bedroom	N/A	N/A	$920
2 Bedroom	-$20	$1,050	$1,030
3 Bedroom	-$50	$1,500	$1,450
4 Bedroom	N/A	N/A	$1,540

Hearne, TX—77859

Key Metrics at a Glance

Home Price Trends — Hearne, TX

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Hearne, TX

% of Rental Stock

Property Listings — Hearne, TX

Demographics — Hearne, TX

Race and Ethnicity

Mortgage and Risk — Hearne, TX

Mortgages

Rentals and Section 8 — Hearne, TX

Section 8 Market Size

Section 8 Opportunity

Affordability — Hearne, TX

Home Price to Income Ratio

Hearne, TX — ZIP Code Boundary Map

Nearby ZIP Codes

Mumford

Calvert, TX

Bryan, TX

Franklin, TX

Bryan, TX

Frequently Asked Questions

Metric	Zip Code Average
Home Price to Income Ratio	3.9
Median Home Price	$212,000
Median Household Income	$52,200

Hearne, TX—77859

Key Metrics at a Glance

Home Price Trends — Hearne, TX

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Hearne, TX

% of Rental Stock

Property Listings — Hearne, TX

Demographics — Hearne, TX

Race and Ethnicity

Mortgage and Risk — Hearne, TX

Mortgages

Rentals and Section 8 — Hearne, TX

Section 8 Market Size

Section 8 Opportunity

Affordability — Hearne, TX

Home Price to Income Ratio

Hearne, TX — ZIP Code Boundary Map

Nearby ZIP Codes

Mumford

Calvert, TX

Bryan, TX

Franklin, TX

Bryan, TX

Frequently Asked Questions

What is the average home price in Hearne, TX 77859?

How have home prices in Hearne, TX 77859 changed over the past year?

What is the home price projection for Hearne, TX 77859?

What are the demographics of Hearne, TX 77859?

How long does it take homes to sell in Hearne, TX 77859?

What is the average rent price in Hearne, TX 77859?