Converse, TX—78109
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Converse, TX
As of Oct '25, the median home price in Converse, TX is $245,000, with a year-over-year change of -3.9%. This indicates that home prices in Converse, TX are decreasing. According to Zillow, the 1-year price projection is -1.2%, suggesting a decrease housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $245,000 | -3.9% |
| Single Family | $245,000 | -3.9% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $160,000 | -5.9% |
3 Bed | $228,000 | -4.2% |
4 Bed | $269,000 | -3.6% |
| 5 Bed | $324,000 | -2.7% |
% of Housing Stock
Rental Trends — Converse, TX
As of July '25, Rentcast reports the average rent in Converse, TX is $1,760, with a year-over-year rent change of -1.7%. Per bedroom, the median rent as of July '25 in Converse, TX is 1-bedrooms: $882, 2-bedrooms: $1,270, 3-bedrooms: $1,680, 4-bedrooms: $1,950. The most common rental property sizes in Converse, TX are 3-bedroom and 2-bedroom, accounting for 57.9% and 22.3% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,720 | $1,760 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $845 | $882 |
| 2 Bed Rent | $1,250 | $1,270 |
| 3 Bed Rent | $1,650 | $1,680 |
| 4 Bed Rent | $1,900 | $1,950 |
% of Rental Stock
Property Listings — Converse, TX
As of Oct '25, Realtor.com reports that the median days on market for a home in Converse, TX is 59. This is a decrease of -4.0% from last year, suggesting that homes are sitting on the market shorter than last year. The percentage of listed homes with a reduced price is 37.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $266,000 | -5.0% |
Listing Count | 676 | 22.0% |
| Listings as % of Homes | 2.5% | 22.0% |
Days on Market | 59 | -4.0% |
Demographics — Converse, TX
As of the latest ACS Survey released in 2023, Converse, TX has a population of 56,400, which has increased by 40.9% over the past 5 years. Converse, TX is a popular place for families, as children make up 29.9% of the population. The area has a moderately educated workforce, with 31.0% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 12.2% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 56,400 | 40.9% |
% Under 18 | 29.9% | -3.9% |
% Seniors | 10.2% | 39.7% |
% WFH | 12.2% | 369.2% |
% w/ College Degree | 31.0% | 32.5% |
As of the latest ACS Survey released in 2023, Converse, TX is a predominantly hispanic area, with 43.7% of the population identifying as hispanic. The hispanic population has grown by 4.0% in the last 5 years. The second most common race or ethnicity in Converse, TX is white, making up 26.8% of the population. Foreign-born residents account for 10.6% of the population in Converse, TX, and this percentage has increased by 11.6% 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 | 26.8% | 0.0% |
% Black | 22.4% | -5.1% |
% Hispanic | 43.7% | 4.0% |
% Asian | 3.4% | 9.7% |
% Foreign Born | 10.6% | 11.6% |
Mortgage and Risk — Converse, TX
According to HUD data as of 2023, there were 1132 mortgage originations in Converse, TX, of which 39.0% of loans were conventional mortgages. The average loan-to-value was 84.0%, with 65.0% above 90% LTV (very high). This implies large mortgage risk in Converse, TX. Investor activity is low, as 3.0% of loans were by investors. 10.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 1,132 |
% Conventional Loans | 39.0% |
% Government Loans | 61.0% |
% Investor Loans | 3.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 10.0% |
Loan Activity
Rentals and Section 8 — Converse, TX
As of 2024, the percent of homes in Converse, TX under the Section 8 program is 9.8%. 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. In Converse, TX, all tracked home sizes have HUD payment amounts above market rent, suggesting strong Section 8 opportunity across the board.
Section 8 Market Size
Total Units under HUD | 651 |
Total Units Section 8 | 605 |
% Rentals under Section 8 | 9.8% |
% Occupied Section 8 | 82.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $645 | $845 | $1,490 |
| 2 Bedroom | $570 | $1,250 | $1,820 |
| 3 Bedroom | $660 | $1,650 | $2,310 |
| 4 Bedroom | $820 | $1,900 | $2,720 |
Affordability — Converse, TX
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3 |
| Median Home Price | $245,000 |
| Median Household Income | $87,600 |