Alamo, TX—78516
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Alamo, TX
As of Oct '25, the median home price in Alamo, TX is $159,000, with a year-over-year change of -1.4%. This indicates that home prices in Alamo, TX are decreasing. According to Zillow, the 1-year price projection is 1.7%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $159,000 | -1.4% |
| Single Family | $158,000 | -1.9% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $69,000 | -4.2% |
2 Bed | $113,000 | -3.4% |
3 Bed | $164,000 | -1.8% |
4 Bed | $231,000 | 0.4% |
| 5 Bed | $342,000 | 1.8% |
% of Housing Stock
Rental Trends — Alamo, TX
As of July '25, Rentcast reports the average rent in Alamo, TX is $1,200, with a year-over-year rent change of -7.7%. Per bedroom, the median rent as of July '25 in Alamo, TX is studios: $1,180, 1-bedrooms: $988, 2-bedrooms: $1,130, 3-bedrooms: $1,380, 4-bedrooms: $1,850. The most common rental property sizes in Alamo, TX are 2-bedroom and 3-bedroom, accounting for 58.8% and 20.9% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,180 | $1,200 |
| Studio Rent | $1,180 | $1,180 |
| 1 Bed Rent | $1,200 | $988 |
| 2 Bed Rent | $1,160 | $1,130 |
| 3 Bed Rent | $1,300 | $1,380 |
| 4 Bed Rent | $1,750 | $1,850 |
% of Rental Stock
Property Listings — Alamo, TX
As of Oct '25, Realtor.com reports that the median days on market for a home in Alamo, TX is 63. This is a increase of 5.0% 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 13.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $240,000 | -3.0% |
Listing Count | 135 | 2.0% |
| Listings as % of Homes | 0.6% | 2.0% |
Days on Market | 63 | 5.0% |
Demographics — Alamo, TX
As of the latest ACS Survey released in 2023, Alamo, TX has a population of 35,000, which has remained stable by -0.4% over the past 5 years. Alamo, TX is a popular place for families, as children make up 30.0% of the population. The area has a poorly educated workforce, with 12.1% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 6.6% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 35,000 | -0.4% |
% Under 18 | 30.0% | -15.5% |
% Seniors | 12.7% | 0.8% |
% WFH | 6.6% | -7.0% |
% w/ College Degree | 12.1% | 17.5% |
As of the latest ACS Survey released in 2023, Alamo, TX is a predominantly hispanic area, with 88.8% of the population identifying as hispanic. The hispanic population has shrunk by 2.6% in the last 5 years. The second most common race or ethnicity in Alamo, TX is white, making up 9.6% of the population. Foreign-born residents account for 29.0% of the population in Alamo, TX, and this percentage has increased by 3.9% 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 | 9.6% | 10.3% |
% Black | 1.4% | 600.0% |
% Hispanic | 88.8% | -2.6% |
% Asian | 0.0% | N/A |
% Foreign Born | 29.0% | 3.9% |
Mortgage and Risk — Alamo, TX
According to HUD data as of 2023, there were 199 mortgage originations in Alamo, TX, of which 47.0% of loans were conventional mortgages. The average loan-to-value was 81.0%, with 60.0% above 90% LTV (very high). This implies large mortgage risk in Alamo, TX. Investor activity is low, as 4.0% of loans were by investors. 7.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 199 |
% Conventional Loans | 47.0% |
% Government Loans | 53.0% |
% Investor Loans | 4.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 7.0% |
Loan Activity
Rentals and Section 8 — Alamo, TX
As of 2024, the percent of homes in Alamo, TX under the Section 8 program is 10.0%. This is considered low, suggesting that the neighborhood is sparsely composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. In Alamo, TX, none of the tracked home sizes currently have HUD payment amounts above market rent, suggesting limited Section 8 opportunity.
Section 8 Market Size
Total Units under HUD | 279 |
Total Units Section 8 | 234 |
% Rentals under Section 8 | 10.0% |
% Occupied Section 8 | 93.5% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | -$450 | $1,200 | $750 |
| 2 Bedroom | -$230 | $1,160 | $930 |
| 3 Bedroom | -$90 | $1,300 | $1,210 |
| 4 Bedroom | -$400 | $1,750 | $1,350 |
Affordability — Alamo, TX
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 2.8 |
| Median Home Price | $159,000 |
| Median Household Income | $51,500 |