Skidmore, TX—78389
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Skidmore, TX
As of Oct '25, the median home price in Skidmore, TX is $160,000, with a year-over-year change of -9.0%. This indicates that home prices in Skidmore, TX are decreasing. According to Zillow, the 1-year price projection is -5.5%, suggesting a decrease housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $160,000 | -9.0% |
| Single Family | $160,000 | -9.1% |
| 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 — Skidmore, TX
As of July '25, Rentcast reports the average rent in Skidmore, TX is $1,700, with a year-over-year rent change of 3.0%. Per bedroom, the median rent as of July '25 in Skidmore, TX is 3-bedrooms: $1,700. The most common rental property sizes in Skidmore, TX are 2-bedroom and 3-bedroom, accounting for 88.9% and 11.1% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,700 | $1,700 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | N/A | N/A |
| 3 Bed Rent | $1,700 | $1,700 |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Skidmore, TX
As of Oct '25, Realtor.com reports that the median days on market for a home in Skidmore, TX is 71. This is a decrease of -4.0% 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 25.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $182,000 | 18.0% |
Listing Count | 8 | 24.0% |
| Listings as % of Homes | 0.9% | 24.0% |
Days on Market | 71 | -4.0% |
Demographics — Skidmore, TX
As of the latest ACS Survey released in 2023, Skidmore, TX has a population of 2,040, which has increased by 24.1% over the past 5 years. Skidmore, TX is a popular place for families, as children make up 27.6% of the population. The area has a poorly educated workforce, with 19.9% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 3.9% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 2,040 | 24.1% |
% Under 18 | 27.6% | 30.8% |
% Seniors | 17.6% | 4.8% |
% WFH | 3.9% | 1,850.0% |
% w/ College Degree | 19.9% | 111.7% |
As of the latest ACS Survey released in 2023, Skidmore, TX is a predominantly hispanic area, with 70.7% of the population identifying as hispanic. The hispanic population has grown by 2.8% in the last 5 years. The second most common race or ethnicity in Skidmore, TX is white, making up 28.1% of the population. Foreign-born residents account for 1.9% of the population in Skidmore, TX, and this percentage has decreased by 62.7% 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 | 28.1% | -6.3% |
% Black | 1.2% | 0.0% |
% Hispanic | 70.7% | 2.8% |
% Asian | 0.0% | N/A |
% Foreign Born | 1.9% | -62.7% |
Mortgage and Risk — Skidmore, TX
According to HUD data as of 2023, there were 26 mortgage originations in Skidmore, TX, of which 92.0% of loans were conventional mortgages. The average loan-to-value was 84.0%, with 38.0% above 90% LTV (very high). This implies large mortgage risk in Skidmore, TX. Investor activity is low, as 4.0% of loans were by investors. 12.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 26 |
% Conventional Loans | 92.0% |
% Government Loans | 8.0% |
% Investor Loans | 4.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 12.0% |
Loan Activity
Rentals and Section 8 — Skidmore, TX
Skidmore, TX lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 3 |
Total Units Section 8 | 3 |
% Rentals under Section 8 | N/A |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $810 |
| 2 Bedroom | N/A | N/A | $1,060 |
| 3 Bedroom | -$310 | $1,700 | $1,390 |
| 4 Bedroom | N/A | N/A | $1,500 |
Affordability — Skidmore, TX
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 5.7 |
| Median Home Price | $160,000 |
| Median Household Income | $37,200 |