Mission, TX—78572
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Mission, TX
As of Oct '25, the median home price in Mission, TX is $192,000, with a year-over-year change of -0.6%. This indicates that home prices in Mission, TX are flat. 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 | $192,000 | -0.6% |
| Single Family | $194,000 | -0.5% |
| Condos | $114,000 | -9.5% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $80,000 | -4.8% |
2 Bed | $126,000 | -3.1% |
3 Bed | $193,000 | -0.5% |
4 Bed | $323,000 | 0.9% |
| 5 Bed | $445,000 | 1.8% |
% of Housing Stock
Rental Trends — Mission, TX
As of July '25, Rentcast reports the average rent in Mission, TX is $1,580, with a year-over-year rent change of -2.5%. Per bedroom, the median rent as of July '25 in Mission, TX is 1-bedrooms: $813, 2-bedrooms: $1,090, 3-bedrooms: $1,680, 4-bedrooms: $2,570. The most common rental property sizes in Mission, TX are 2-bedroom and 3-bedroom, accounting for 48.0% and 24.8% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,350 | $1,580 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $875 | $813 |
| 2 Bed Rent | $1,200 | $1,090 |
| 3 Bed Rent | $1,500 | $1,680 |
| 4 Bed Rent | $2,450 | $2,570 |
% of Rental Stock
Property Listings — Mission, TX
As of Oct '25, Realtor.com reports that the median days on market for a home in Mission, TX is 81. This is a decrease of 0.0% from last year, suggesting that homes are sitting on the market about the same amount of time than last year. The percentage of listed homes with a reduced price is 17.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $269,000 | -4.0% |
Listing Count | 406 | 24.0% |
| Listings as % of Homes | 0.7% | 24.0% |
Days on Market | 81 | 0.0% |
Demographics — Mission, TX
As of the latest ACS Survey released in 2023, Mission, TX has a population of 78,200, which has decreased by -2.5% over the past 5 years. Mission, TX is a popular place for families, as children make up 26.8% of the population. The area has a moderately educated workforce, with 25.0% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 8.5% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 78,200 | -2.5% |
% Under 18 | 26.8% | -15.2% |
% Seniors | 18.9% | 23.5% |
% WFH | 8.5% | 34.9% |
% w/ College Degree | 25.0% | 18.5% |
As of the latest ACS Survey released in 2023, Mission, TX is a predominantly hispanic area, with 85.1% of the population identifying as hispanic. The hispanic population has shrunk by 3.1% in the last 5 years. The second most common race or ethnicity in Mission, TX is white, making up 12.0% of the population. Foreign-born residents account for 28.4% of the population in Mission, TX, and this percentage has decreased by 2.1% 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 | 12.0% | 14.3% |
% Black | 0.8% | 700.0% |
% Hispanic | 85.1% | -3.1% |
% Asian | 1.8% | 5.9% |
% Foreign Born | 28.4% | -2.1% |
Mortgage and Risk — Mission, TX
According to HUD data as of 2023, there were 610 mortgage originations in Mission, TX, of which 58.0% of loans were conventional mortgages. The average loan-to-value was 80.0%, with 48.0% above 90% LTV (very high). This implies large mortgage risk in Mission, TX. Investor activity is low, as 3.0% 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 | 610 |
% Conventional Loans | 58.0% |
% Government Loans | 42.0% |
% Investor Loans | 3.0% |
% Second Loans | 4.0% |
% Cash Out Refinance | 7.0% |
Loan Activity
Rentals and Section 8 — Mission, TX
As of 2024, the percent of homes in Mission, TX under the Section 8 program is 10.8%. 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 Mission, 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 | 1,091 |
Total Units Section 8 | 766 |
% Rentals under Section 8 | 10.8% |
% Occupied Section 8 | 96.5% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | -$65 | $875 | $810 |
| 2 Bedroom | -$190 | $1,200 | $1,010 |
| 3 Bedroom | -$190 | $1,500 | $1,310 |
| 4 Bedroom | -$990 | $2,450 | $1,460 |
Affordability — Mission, TX
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.4 |
| Median Home Price | $192,000 |
| Median Household Income | $54,000 |