La Feria, TX—78559
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — La Feria, TX
As of Oct '25, the median home price in La Feria, TX is $176,000, with a year-over-year change of 3.4%. This indicates that home prices in La Feria, TX are increasing. According to Zillow, the 1-year price projection is 2.0%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $176,000 | 3.4% |
| Single Family | $176,000 | 3.5% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $120,000 | 1.7% |
3 Bed | $217,000 | 2.8% |
4 Bed | $265,000 | 3.1% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — La Feria, TX
As of July '25, Rentcast reports the average rent in La Feria, TX is $1,330, with a year-over-year rent change of 0.8%. Per bedroom, the median rent as of July '25 in La Feria, TX is 1-bedrooms: $724, 2-bedrooms: $1,120, 3-bedrooms: $1,350, 4-bedrooms: $2,030. The most common rental property sizes in La Feria, TX are 3-bedroom and 2-bedroom, accounting for 29.8% and 29.0% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,220 | $1,330 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $698 | $724 |
| 2 Bed Rent | $1,100 | $1,120 |
| 3 Bed Rent | $1,220 | $1,350 |
| 4 Bed Rent | $2,100 | $2,030 |
% of Rental Stock
Property Listings — La Feria, TX
As of Oct '25, Realtor.com reports that the median days on market for a home in La Feria, TX is 85. This is a increase of 2.0% 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 16.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $264,000 | 5.0% |
Listing Count | 112 | -44.0% |
| Listings as % of Homes | 0.8% | -44.0% |
Days on Market | 85 | 2.0% |
Demographics — La Feria, TX
As of the latest ACS Survey released in 2023, La Feria, TX has a population of 12,800, which has remained stable by 0.3% over the past 5 years. La Feria, TX is a popular place for families, as children make up 31.1% of the population. The area has a poorly educated workforce, with 14.2% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 4.8% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 12,800 | 0.3% |
% Under 18 | 31.1% | 10.3% |
% Seniors | 15.9% | -5.4% |
% WFH | 4.8% | 54.8% |
% w/ College Degree | 14.2% | -6.6% |
As of the latest ACS Survey released in 2023, La Feria, TX is a predominantly hispanic area, with 90.9% of the population identifying as hispanic. The hispanic population has grown by 1.7% in the last 5 years. The second most common race or ethnicity in La Feria, TX is white, making up 8.4% of the population. Foreign-born residents account for 16.7% of the population in La Feria, TX, and this percentage has decreased by 0.6% 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 | 8.4% | -9.7% |
% Black | 0.2% | 100.0% |
% Hispanic | 90.9% | 1.7% |
% Asian | 0.1% | -92.3% |
% Foreign Born | 16.7% | -0.6% |
Mortgage and Risk — La Feria, TX
According to HUD data as of 2023, there were 154 mortgage originations in La Feria, TX, of which 49.0% of loans were conventional mortgages. The average loan-to-value was 83.0%, with 61.0% above 90% LTV (very high). This implies large mortgage risk in La Feria, TX. Investor activity is low, as 8.0% of loans were by investors. 5.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 154 |
% Conventional Loans | 49.0% |
% Government Loans | 51.0% |
% Investor Loans | 8.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 5.0% |
Loan Activity
Rentals and Section 8 — La Feria, TX
As of 2024, the percent of homes in La Feria, TX under the Section 8 program is 4.2%. 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. 1-bedroom and 3-bedroom units appear to be good home sizes to consider for Section 8 housing in La Feria, TX, because HUD payments exceed market rent, while 2-bedroom and 4-bedroom units do not.
Section 8 Market Size
Total Units under HUD | 97 |
Total Units Section 8 | 41 |
% Rentals under Section 8 | 4.2% |
% Occupied Section 8 | 97.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $92 | $698 | $790 |
| 2 Bedroom | -$110 | $1,100 | $990 |
| 3 Bedroom | $100 | $1,220 | $1,320 |
| 4 Bedroom | -$730 | $2,100 | $1,370 |
Affordability — La Feria, TX
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.4 |
| Median Home Price | $176,000 |
| Median Household Income | $48,100 |