Alice, TX—78332
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Alice, TX
As of Oct '25, the median home price in Alice, TX is $128,000, with a year-over-year change of -4.3%. This indicates that home prices in Alice, TX are decreasing. According to Zillow, the 1-year price projection is -8.0%, suggesting a decrease housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $128,000 | -4.3% |
| Single Family | $128,000 | -5.2% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | N/A | N/A |
3 Bed | N/A | N/A |
4 Bed | N/A | N/A |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Alice, TX
As of July '25, Rentcast reports the average rent in Alice, TX is $1,120, with a year-over-year rent change of 0.9%. Per bedroom, the median rent as of July '25 in Alice, TX is 1-bedrooms: $675, 2-bedrooms: $1,100, 3-bedrooms: $1,480. The most common rental property sizes in Alice, TX are 3-bedroom and 2-bedroom, accounting for 51.7% and 25.8% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $999 | $1,120 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $625 | $675 |
| 2 Bed Rent | $1,200 | $1,100 |
| 3 Bed Rent | $1,250 | $1,480 |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Alice, TX
As of Oct '25, Realtor.com reports that the median days on market for a home in Alice, TX is 80. This is a decrease of -2.0% 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 10.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $215,000 | -2.0% |
Listing Count | 83 | -17.0% |
| Listings as % of Homes | 0.7% | -17.0% |
Days on Market | 80 | -2.0% |
Demographics — Alice, TX
As of the latest ACS Survey released in 2023, Alice, TX has a population of 27,300, which has decreased by -5.8% over the past 5 years. Alice, TX is a popular place for families, as children make up 28.5% of the population. The area has a poorly educated workforce, with 12.1% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 10.3% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 27,300 | -5.8% |
% Under 18 | 28.5% | 2.9% |
% Seniors | 14.7% | 2.1% |
% WFH | 10.3% | 368.2% |
% w/ College Degree | 12.1% | -6.9% |
As of the latest ACS Survey released in 2023, Alice, TX is a predominantly hispanic area, with 84.2% of the population identifying as hispanic. The hispanic population has shrunk by 0.9% in the last 5 years. The second most common race or ethnicity in Alice, TX is white, making up 14.4% of the population. Foreign-born residents account for 3.8% of the population in Alice, TX, and this percentage has decreased by 37.7% 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 | 14.4% | 11.6% |
% Black | 0.6% | -14.3% |
% Hispanic | 84.2% | -0.9% |
% Asian | 0.7% | -22.2% |
% Foreign Born | 3.8% | -37.7% |
Mortgage and Risk — Alice, TX
According to HUD data as of 2023, there were 197 mortgage originations in Alice, TX, of which 53.0% of loans were conventional mortgages. The average loan-to-value was 82.0%, with 54.0% above 90% LTV (very high). This implies large mortgage risk in Alice, TX. Investor activity is low, as 6.0% of loans were by investors. 9.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 197 |
% Conventional Loans | 53.0% |
% Government Loans | 47.0% |
% Investor Loans | 6.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 9.0% |
Loan Activity
Rentals and Section 8 — Alice, TX
Alice, TX lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 679 |
Total Units Section 8 | 422 |
% Rentals under Section 8 | N/A |
% Occupied Section 8 | 90.2% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $165 | $625 | $790 |
| 2 Bedroom | -$240 | $1,200 | $960 |
| 3 Bedroom | $100 | $1,250 | $1,350 |
| 4 Bedroom | N/A | N/A | $1,610 |
Affordability — Alice, TX
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3 |
| Median Home Price | $128,000 |
| Median Household Income | $47,200 |