Alton, TX—78573
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Alton, TX
As of Oct '25, the median home price in Alton, TX is $208,000, with a year-over-year change of 0.4%. This indicates that home prices in Alton, TX are flat. According to Zillow, the 1-year price projection is 1.3%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $208,000 | 0.4% |
| Single Family | $208,000 | 0.5% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $109,000 | 1.9% |
2 Bed | $118,000 | -3.3% |
3 Bed | $200,000 | 0.5% |
4 Bed | $320,000 | 1.3% |
| 5 Bed | $555,000 | 1.8% |
% of Housing Stock
Rental Trends — Alton, TX
As of July '25, Rentcast reports the average rent in Alton, TX is $1,180, with a year-over-year rent change of -0.8%. Per bedroom, the median rent as of July '25 in Alton, TX is 1-bedrooms: $744, 2-bedrooms: $1,000, 3-bedrooms: $1,280, 4-bedrooms: $2,410. The most common rental property sizes in Alton, TX are 2-bedroom and 3-bedroom, accounting for 50.1% and 31.6% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,100 | $1,180 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $690 | $744 |
| 2 Bed Rent | $1,000 | $1,000 |
| 3 Bed Rent | $1,180 | $1,280 |
| 4 Bed Rent | $2,100 | $2,410 |
% of Rental Stock
Property Listings — Alton, TX
As of Oct '25, Realtor.com reports that the median days on market for a home in Alton, TX is 91. This is a increase of 30.0% 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 8.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $299,000 | 3.0% |
Listing Count | 226 | 17.0% |
| Listings as % of Homes | 1.1% | 17.0% |
Days on Market | 91 | 30.0% |
Demographics — Alton, TX
As of the latest ACS Survey released in 2023, Alton, TX has a population of 42,900, which has increased by 10.4% over the past 5 years. Alton, TX is a popular place for families, as children make up 33.0% of the population. The area has a poorly educated workforce, with 14.6% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 9.1% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 42,900 | 10.4% |
% Under 18 | 33.0% | -6.5% |
% Seniors | 9.6% | 26.3% |
% WFH | 9.1% | 152.8% |
% w/ College Degree | 14.6% | 7.4% |
As of the latest ACS Survey released in 2023, Alton, TX is a predominantly hispanic area, with 96.4% of the population identifying as hispanic. The hispanic population has grown by 0.5% in the last 5 years. The second most common race or ethnicity in Alton, TX is white, making up 2.8% of the population. Foreign-born residents account for 28.4% of the population in Alton, TX, and this percentage has decreased by 7.5% 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 | 2.8% | -15.2% |
% Black | 0.2% | -33.3% |
% Hispanic | 96.4% | 0.5% |
% Asian | 0.4% | -42.9% |
% Foreign Born | 28.4% | -7.5% |
Mortgage and Risk — Alton, TX
According to HUD data as of 2023, there were 356 mortgage originations in Alton, TX, of which 45.0% of loans were conventional mortgages. The average loan-to-value was 82.0%, with 59.0% above 90% LTV (very high). This implies large mortgage risk in Alton, TX. Investor activity is low, as 6.0% 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 | 356 |
% Conventional Loans | 45.0% |
% Government Loans | 55.0% |
% Investor Loans | 6.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 5.0% |
Loan Activity
Rentals and Section 8 — Alton, TX
As of 2024, the percent of homes in Alton, TX under the Section 8 program is 8.9%. 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 Alton, TX, because HUD payments exceed market rent, while 2-bedroom and 4-bedroom units do not.
Section 8 Market Size
Total Units under HUD | 340 |
Total Units Section 8 | 337 |
% Rentals under Section 8 | 8.9% |
% Occupied Section 8 | 97.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $60 | $690 | $750 |
| 2 Bedroom | -$70 | $1,000 | $930 |
| 3 Bedroom | $30 | $1,180 | $1,210 |
| 4 Bedroom | -$750 | $2,100 | $1,350 |
Affordability — Alton, TX
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.7 |
| Median Home Price | $208,000 |
| Median Household Income | $51,200 |