Mathis, TX—78368
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Mathis, TX
As of Oct '25, the median home price in Mathis, TX is $111,000, with a year-over-year change of -14.8%. This indicates that home prices in Mathis, TX are decreasing. According to Zillow, the 1-year price projection is -3.1%, suggesting a decrease housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $111,000 | -14.8% |
| Single Family | $110,000 | -16.0% |
| 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 — Mathis, TX
As of July '25, Rentcast reports the average rent in Mathis, TX is $875, with a year-over-year rent change of -65.0%. Per bedroom, the median rent as of July '25 in Mathis, TX is 1-bedrooms: $662, 3-bedrooms: $1,300. The most common rental property sizes in Mathis, TX are 2-bedroom and 1-bedroom, accounting for 45.9% and 27.3% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $665 | $875 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $660 | $662 |
| 2 Bed Rent | N/A | N/A |
| 3 Bed Rent | $1,300 | $1,300 |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Mathis, TX
As of Oct '25, Realtor.com reports that the median days on market for a home in Mathis, TX is 113. This is a increase of 9.0% 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 12.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $232,000 | -3.0% |
Listing Count | 48 | 47.0% |
| Listings as % of Homes | 0.6% | 47.0% |
Days on Market | 113 | 9.0% |
Demographics — Mathis, TX
As of the latest ACS Survey released in 2023, Mathis, TX has a population of 9,470, which has decreased by -2.6% over the past 5 years. Mathis, TX is a moderately popular place for families, as children make up 24.0% of the population. The area has a poorly educated workforce, with 12.0% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 5.7% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 9,470 | -2.6% |
% Under 18 | 24.0% | -5.1% |
% Seniors | 18.3% | 13.0% |
% WFH | 5.7% | 612.5% |
% w/ College Degree | 12.0% | 62.2% |
As of the latest ACS Survey released in 2023, Mathis, TX is a predominantly hispanic area, with 60.7% of the population identifying as hispanic. The hispanic population has shrunk by 13.7% in the last 5 years. The second most common race or ethnicity in Mathis, TX is white, making up 32.9% of the population. Foreign-born residents account for 0.6% of the population in Mathis, TX, and this percentage has decreased by 71.4% 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 | 32.9% | 12.7% |
% Black | 0.4% | 33.3% |
% Hispanic | 60.7% | -13.7% |
% Asian | 0.1% | -66.7% |
% Foreign Born | 0.6% | -71.4% |
Mortgage and Risk — Mathis, TX
According to HUD data as of 2023, there were 74 mortgage originations in Mathis, TX, of which 82.0% of loans were conventional mortgages. The average loan-to-value was 78.0%, with 41.0% above 90% LTV (very high). This implies large mortgage risk in Mathis, TX. Investor activity is low, as 1.0% 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 | 74 |
% Conventional Loans | 82.0% |
% Government Loans | 18.0% |
% Investor Loans | 1.0% |
% Second Loans | 7.0% |
% Cash Out Refinance | 9.0% |
Loan Activity
Rentals and Section 8 — Mathis, TX
Mathis, TX lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 185 |
Total Units Section 8 | 99 |
% Rentals under Section 8 | 10.9% |
% Occupied Section 8 | 94.8% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $340 | $660 | $1,000 |
| 2 Bedroom | N/A | N/A | $1,220 |
| 3 Bedroom | $290 | $1,300 | $1,590 |
| 4 Bedroom | N/A | N/A | $1,860 |
Affordability — Mathis, TX
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.6 |
| Median Home Price | $111,000 |
| Median Household Income | $41,300 |