Mario Olga Colonia—78341
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Mario Olga Colonia
As of Oct '25, the median home price in Mario Olga Colonia is $70,000, with a year-over-year change of -9.0%. This indicates that home prices in Mario Olga Colonia are decreasing. According to Zillow, the 1-year price projection is -6.7%, suggesting a decrease housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $70,000 | -9.0% |
| Single Family | $70,000 | -10.3% |
| 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 — Mario Olga Colonia
Mario Olga Colonia lacks sufficient rental market data for analysis.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | N/A | N/A |
| Studio 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 |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Mario Olga Colonia
Mario Olga Colonia lacks sufficient listing trend data for analysis.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | N/A | N/A |
Listing Count | N/A | N/A |
| Listings as % of Homes | 0.1% | N/A |
Days on Market | N/A | N/A |
Demographics — Mario Olga Colonia
As of the latest ACS Survey released in 2023, Mario Olga Colonia has a population of 1,520, which has decreased by -28.0% over the past 5 years. Mario Olga Colonia is a popular place for families, as children make up 31.5% of the population. The area has a poorly educated workforce, with 15.3% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 14.9% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 1,520 | -28.0% |
% Under 18 | 31.5% | 31.8% |
% Seniors | 11.9% | -47.1% |
% WFH | 14.9% | ∞% |
% w/ College Degree | 15.3% | -11.6% |
As of the latest ACS Survey released in 2023, Mario Olga Colonia is a predominantly hispanic area, with 85.5% of the population identifying as hispanic. The hispanic population has shrunk by 13.0% in the last 5 years. The second most common race or ethnicity in Mario Olga Colonia is white, making up 14.5% of the population. Foreign-born residents account for 3.0% of the population in Mario Olga Colonia, and this percentage has decreased by 67.0% 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 | 14.5% | 752.9% |
% Black | 0.0% | N/A |
% Hispanic | 85.5% | -13.0% |
% Asian | 0.0% | N/A |
% Foreign Born | 3.0% | -67.0% |
Mortgage and Risk — Mario Olga Colonia
According to HUD data as of 2023, there were 7 mortgage originations in Mario Olga Colonia, of which 86.0% of loans were conventional mortgages. The average loan-to-value was 73.0%, with 43.0% above 90% LTV (very high). This implies large mortgage risk in Mario Olga Colonia. Investor activity is low, as 0.0% of loans were by investors. 0.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 7 |
% Conventional Loans | 86.0% |
% Government Loans | 14.0% |
% Investor Loans | 0.0% |
% Second Loans | 14.0% |
% Cash Out Refinance | 0.0% |
Loan Activity
Rentals and Section 8 — Mario Olga Colonia
Mario Olga Colonia lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 26 |
Total Units Section 8 | 26 |
% Rentals under Section 8 | N/A |
% Occupied Section 8 | 84.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $750 |
| 2 Bedroom | N/A | N/A | $930 |
| 3 Bedroom | N/A | N/A | $1,310 |
| 4 Bedroom | N/A | N/A | $1,400 |
Affordability — Mario Olga Colonia
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 2.5 |
| Median Home Price | $70,000 |
| Median Household Income | $44,800 |