Point Comfort77978

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$119,000
5.0% YoY Growth
Median Household Income
$107,000
58.8% 5-Year Growth
Days on Market
15
N/A
Home Price Forecast
-3.7%
Median 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

Property Listings — Point Comfort

Point Comfort lacks sufficient listing trend data for analysis.

MetricZip Code AverageYear over Year % Change
Median Listing Price
$199,000N/A
Listing Count
10.0%
Listings as % of Homes0.8%0.0%
Days on Market
15N/A
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Demographics — Point Comfort

As of the latest ACS Survey released in 2023, Point Comfort has a population of 498, which has decreased by -34.2% over the past 5 years. Point Comfort is a moderately popular place for families, as children make up 23.5% of the population. The area has a poorly educated workforce, with 13.2% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 5.1% reporting working from home.

MetricLatest CensusYoY % Change
Population
498-34.2%
% Under 18
23.5%-12.6%
% Seniors
24.1%190.4%
% WFH
5.1%628.6%
% w/ College Degree
13.2%-14.3%
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As of the latest ACS Survey released in 2023, Point Comfort is a predominantly hispanic area, with 48.0% of the population identifying as hispanic. The hispanic population has grown by 66.7% in the last 5 years. The second most common race or ethnicity in Point Comfort is white, making up 41.6% of the population. Foreign-born residents account for 3.6% of the population in Point Comfort, and this percentage has increased by 44.0% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.

Race and Ethnicity

MetricLatest Census5-Year % Change
% White
41.6%-26.4%
% Black
6.0%11.1%
% Hispanic
48.0%66.7%
% Asian
0.0%-100.0%
% Foreign Born
3.6%44.0%
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Mortgage and Risk — Point Comfort

According to HUD data as of 2023, there were 19 mortgage originations in Point Comfort, of which 74.0% of loans were conventional mortgages. The average loan-to-value was 88.0%, with 58.0% above 90% LTV (very high). This implies large mortgage risk in Point Comfort. Investor activity is low, as 11.0% of loans were by investors. 5.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.

Mortgages

MetricZip Code Average
Total Loan Originations
19
% Conventional Loans
74.0%
% Government Loans
26.0%
% Investor Loans
11.0%
% Second Loans
5.0%
% Cash Out Refinance
5.0%

Loan Activity

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Rentals and Section 8 — Point Comfort

Point Comfort lacks sufficient Section 8 program data for analysis.

Section 8 Market Size

Total Units under HUD
1
Total Units Section 8
1
% Rentals under Section 8
N/A
% Occupied Section 8
N/A

Section 8 Opportunity

Home SizeHUD PremiumMarket RentMax HUD Rent
1 BedroomN/AN/A$970
2 BedroomN/AN/A$1,070
3 BedroomN/AN/A$1,500
4 BedroomN/AN/A$1,580

Affordability — Point Comfort

Home Price to Income Ratio

MetricZip Code Average
Home Price to Income Ratio1.2
Median Home Price$119,000
Median Household Income$107,000

Point Comfort — ZIP Code Boundary Map

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Frequently Asked Questions