Falfurrias, TX78355

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$69,000
3.7% YoY Growth
Median Household Income
$32,600
17.3% 5-Year Growth
Days on Market
127
9.0% Shorter than last year
Home Price Forecast
N/A
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 — Falfurrias, TX

As of Oct '25, Realtor.com reports that the median days on market for a home in Falfurrias, TX is 127. This is a decrease of -9.0% 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 17.0%, representing a small inventory and little supply pressure on home prices.

MetricZip Code AverageYear over Year % Change
Median Listing Price
$160,00026.0%
Listing Count
1295.0%
Listings as % of Homes0.3%95.0%
Days on Market
127-9.0%
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Demographics — Falfurrias, TX

As of the latest ACS Survey released in 2023, Falfurrias, TX has a population of 6,840, which has decreased by -4.4% over the past 5 years. Falfurrias, TX is a moderately popular place for families, as children make up 19.4% of the population. The area has a poorly educated workforce, with 12.4% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 2.6% reporting working from home.

MetricLatest CensusYoY % Change
Population
6,840-4.4%
% Under 18
19.4%-26.8%
% Seniors
17.8%21.1%
% WFH
2.6%116.7%
% w/ College Degree
12.4%-33.0%
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As of the latest ACS Survey released in 2023, Falfurrias, TX is a predominantly hispanic area, with 91.0% of the population identifying as hispanic. The hispanic population has shrunk by 2.4% in the last 5 years. The second most common race or ethnicity in Falfurrias, TX is white, making up 7.8% of the population. Foreign-born residents account for 7.1% of the population in Falfurrias, TX, and this percentage has decreased by 29.7% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.

Race and Ethnicity

MetricLatest Census5-Year % Change
% White
7.8%25.8%
% Black
0.2%-71.4%
% Hispanic
91.0%-2.4%
% Asian
0.0%N/A
% Foreign Born
7.1%-29.7%
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Mortgage and Risk — Falfurrias, TX

According to HUD data as of 2023, there were 18 mortgage originations in Falfurrias, TX, of which 72.0% of loans were conventional mortgages. The average loan-to-value was 82.0%, with 39.0% above 90% LTV (very high). This implies large mortgage risk in Falfurrias, TX. Investor activity is low, as 6.0% of loans were by investors. 6.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.

Mortgages

MetricZip Code Average
Total Loan Originations
18
% Conventional Loans
72.0%
% Government Loans
28.0%
% Investor Loans
6.0%
% Second Loans
6.0%
% Cash Out Refinance
6.0%

Loan Activity

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Rentals and Section 8 — Falfurrias, TX

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

Section 8 Market Size

Total Units under HUD
337
Total Units Section 8
214
% Rentals under Section 8
N/A
% Occupied Section 8
79.4%

Section 8 Opportunity

Home SizeHUD PremiumMarket RentMax HUD Rent
1 BedroomN/AN/A$840
2 BedroomN/AN/A$1,100
3 BedroomN/AN/A$1,330
4 BedroomN/AN/A$1,640

Affordability — Falfurrias, TX

Home Price to Income Ratio

MetricZip Code Average
Home Price to Income Ratio2.3
Median Home Price$69,000
Median Household Income$32,600

Falfurrias, TX — ZIP Code Boundary Map

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Frequently Asked Questions