Nixon, TX78140

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$193,000
11.5% YoY Growth
Median Household Income
$49,000
9.9% 5-Year Growth
Days on Market
80
37.0% Longer than last year
Home Price Forecast
N/A
Median Rent
$625
73.4% YoY Growth
1-Bed Rent
$625
N/A
2-Bed Rent
N/A
N/A
3-Bed Rent
N/A
N/A

Property Listings — Nixon, TX

As of Oct '25, Realtor.com reports that the median days on market for a home in Nixon, TX is 80. This is a increase of 37.0% 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 0.0%, representing a small inventory and little supply pressure on home prices.

MetricZip Code AverageYear over Year % Change
Median Listing Price
$210,000-11.0%
Listing Count
1426.0%
Listings as % of Homes0.4%26.0%
Days on Market
8037.0%
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Demographics — Nixon, TX

As of the latest ACS Survey released in 2023, Nixon, TX has a population of 3,190, which has decreased by -19.0% over the past 5 years. Nixon, TX is a popular place for families, as children make up 36.2% of the population. The area has a poorly educated workforce, with 4.2% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 0.4% reporting working from home.

MetricLatest CensusYoY % Change
Population
3,190-19.0%
% Under 18
36.2%20.3%
% Seniors
11.5%32.2%
% WFH
0.4%-86.7%
% w/ College Degree
4.2%-32.3%
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As of the latest ACS Survey released in 2023, Nixon, TX is a predominantly hispanic area, with 69.9% of the population identifying as hispanic. The hispanic population has shrunk by 5.3% in the last 5 years. The second most common race or ethnicity in Nixon, TX is white, making up 26.6% of the population. Foreign-born residents account for 16.0% of the population in Nixon, TX, and this percentage has decreased by 17.9% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.

Race and Ethnicity

MetricLatest Census5-Year % Change
% White
26.6%9.9%
% Black
1.2%-36.8%
% Hispanic
69.9%-5.3%
% Asian
0.0%N/A
% Foreign Born
16.0%-17.9%
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Mortgage and Risk — Nixon, TX

According to HUD data as of 2023, there were 20 mortgage originations in Nixon, TX, of which 65.0% of loans were conventional mortgages. The average loan-to-value was 69.0%, with 40.0% above 90% LTV (very high). This implies large mortgage risk in Nixon, TX. Investor activity is low, as 5.0% of loans were by investors. 10.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.

Mortgages

MetricZip Code Average
Total Loan Originations
20
% Conventional Loans
65.0%
% Government Loans
35.0%
% Investor Loans
5.0%
% Second Loans
0.0%
% Cash Out Refinance
10.0%

Loan Activity

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Rentals and Section 8 — Nixon, TX

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

Section 8 Market Size

Total Units under HUD
40
Total Units Section 8
7
% Rentals under Section 8
2.2%
% Occupied Section 8
N/A

Section 8 Opportunity

Home SizeHUD PremiumMarket RentMax HUD Rent
1 Bedroom$235$625$860
2 BedroomN/AN/A$1,050
3 BedroomN/AN/A$1,330
4 BedroomN/AN/A$1,590

Affordability — Nixon, TX

Home Price to Income Ratio

MetricZip Code Average
Home Price to Income Ratio4.9
Median Home Price$193,000
Median Household Income$49,000

Nixon, TX — ZIP Code Boundary Map

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Frequently Asked Questions