South Texas Bay Area, Corpus Christi, TX—78409
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — South Texas Bay Area, Corpus Christi, TX
As of Oct '25, the median home price in South Texas Bay Area, Corpus Christi, TX is $189,000, with a year-over-year change of -3.2%. This indicates that home prices in South Texas Bay Area, Corpus Christi, TX are decreasing. According to Zillow, the 1-year price projection is -1.9%, suggesting a decrease housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $189,000 | -3.2% |
| Single Family | $189,000 | -3.1% |
| 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 — South Texas Bay Area, Corpus Christi, TX
As of July '25, Rentcast reports the average rent in South Texas Bay Area, Corpus Christi, TX is $1,060, with a year-over-year rent change of -39.4%. Per bedroom, the median rent as of July '25 in South Texas Bay Area, Corpus Christi, TX is 1-bedrooms: $600, 2-bedrooms: $1,030, 4-bedrooms: $2,100. The most common rental property sizes in South Texas Bay Area, Corpus Christi, TX are 2-bedroom and 3-bedroom, accounting for 37.4% and 34.4% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $950 | $1,060 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $600 | $600 |
| 2 Bed Rent | $950 | $1,030 |
| 3 Bed Rent | N/A | N/A |
| 4 Bed Rent | $2,100 | $2,100 |
% of Rental Stock
Property Listings — South Texas Bay Area, Corpus Christi, TX
As of Oct '25, Realtor.com reports that the median days on market for a home in South Texas Bay Area, Corpus Christi, TX is 35. This is a increase of 69.0% 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 10.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $259,000 | 1.0% |
Listing Count | 20 | 186.0% |
| Listings as % of Homes | 0.1% | 186.0% |
Days on Market | 35 | 69.0% |
Demographics — South Texas Bay Area, Corpus Christi, TX
As of the latest ACS Survey released in 2023, South Texas Bay Area, Corpus Christi, TX has a population of 2,500, which has decreased by -6.5% over the past 5 years. South Texas Bay Area, Corpus Christi, TX is a moderately popular place for families, as children make up 23.2% of the population. The area has a poorly educated workforce, with 14.1% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 1.5% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 2,500 | -6.5% |
% Under 18 | 23.2% | -17.4% |
% Seniors | 18.7% | 42.7% |
% WFH | 1.5% | 1,400.0% |
% w/ College Degree | 14.1% | 83.1% |
As of the latest ACS Survey released in 2023, South Texas Bay Area, Corpus Christi, TX is a predominantly hispanic area, with 73.4% of the population identifying as hispanic. The hispanic population has shrunk by 2.0% in the last 5 years. The second most common race or ethnicity in South Texas Bay Area, Corpus Christi, TX is white, making up 24.9% of the population. Foreign-born residents account for 14.5% of the population in South Texas Bay Area, Corpus Christi, TX, and this percentage has increased by 173.6% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 24.9% | 6.4% |
% Black | 3.4% | 183.3% |
% Hispanic | 73.4% | -2.0% |
% Asian | 0.0% | N/A |
% Foreign Born | 14.5% | 173.6% |
Mortgage and Risk — South Texas Bay Area, Corpus Christi, TX
According to HUD data as of 2023, there were 27 mortgage originations in South Texas Bay Area, Corpus Christi, TX, of which 48.0% of loans were conventional mortgages. The average loan-to-value was 83.0%, with 63.0% above 90% LTV (very high). This implies large mortgage risk in South Texas Bay Area, Corpus Christi, TX. Investor activity is low, as 7.0% 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 | 27 |
% Conventional Loans | 48.0% |
% Government Loans | 52.0% |
% Investor Loans | 7.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 0.0% |
Loan Activity
Rentals and Section 8 — South Texas Bay Area, Corpus Christi, TX
South Texas Bay Area, Corpus Christi, 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 | 1.4% |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $480 | $600 | $1,080 |
| 2 Bedroom | $380 | $950 | $1,330 |
| 3 Bedroom | N/A | N/A | $1,740 |
| 4 Bedroom | -$70 | $2,100 | $2,030 |
Affordability — South Texas Bay Area, Corpus Christi, TX
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.1 |
| Median Home Price | $189,000 |
| Median Household Income | $62,800 |