Rio Grande City, TX—78582
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Rio Grande City, TX
As of Oct '25, the median home price in Rio Grande City, TX is $133,000, with a year-over-year change of -5.9%. This indicates that home prices in Rio Grande City, TX are decreasing. According to Zillow, the 1-year price projection is -4.5%, suggesting a decrease housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $133,000 | -5.9% |
| Single Family | $133,000 | -6.3% |
| 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 | $195,000 | 2.6% |
4 Bed | N/A | N/A |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Rio Grande City, TX
As of July '25, Rentcast reports the average rent in Rio Grande City, TX is $1,020, with a year-over-year rent change of 2.9%. Per bedroom, the median rent as of July '25 in Rio Grande City, TX is 1-bedrooms: $603, 2-bedrooms: $1,060, 3-bedrooms: $952, 4-bedrooms: $1,700. The most common rental property sizes in Rio Grande City, TX are 2-bedroom and 3-bedroom, accounting for 47.2% and 31.0% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,000 | $1,020 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $549 | $603 |
| 2 Bed Rent | $1,100 | $1,060 |
| 3 Bed Rent | $895 | $952 |
| 4 Bed Rent | $1,700 | $1,700 |
% of Rental Stock
Property Listings — Rio Grande City, TX
As of Oct '25, Realtor.com reports that the median days on market for a home in Rio Grande City, TX is 108. This is a decrease of -8.0% from last year, suggesting that homes are sitting on the market shorter than last year. The percentage of listed homes with a reduced price is 12.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $259,000 | 11.0% |
Listing Count | 86 | 19.0% |
| Listings as % of Homes | 0.5% | 19.0% |
Days on Market | 108 | -8.0% |
Demographics — Rio Grande City, TX
As of the latest ACS Survey released in 2023, Rio Grande City, TX has a population of 44,900, which has increased by 5.4% over the past 5 years. Rio Grande City, TX is a popular place for families, as children make up 33.5% of the population. The area has a poorly educated workforce, with 13.1% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 6.7% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 44,900 | 5.4% |
% Under 18 | 33.5% | -1.5% |
% Seniors | 9.1% | -2.2% |
% WFH | 6.7% | 28.8% |
% w/ College Degree | 13.1% | 26.0% |
As of the latest ACS Survey released in 2023, Rio Grande City, TX is a predominantly hispanic area, with 97.3% of the population identifying as hispanic. The hispanic population has shrunk by 1.4% in the last 5 years. The second most common race or ethnicity in Rio Grande City, TX is white, making up 2.1% of the population. Foreign-born residents account for 25.8% of the population in Rio Grande City, TX, and this percentage has decreased by 6.9% 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 | 2.1% | 110.0% |
% Black | 0.2% | ∞% |
% Hispanic | 97.3% | -1.4% |
% Asian | 0.0% | -100.0% |
% Foreign Born | 25.8% | -6.9% |
Mortgage and Risk — Rio Grande City, TX
According to HUD data as of 2023, there were 162 mortgage originations in Rio Grande City, TX, of which 56.0% of loans were conventional mortgages. The average loan-to-value was 85.0%, with 53.0% above 90% LTV (very high). This implies large mortgage risk in Rio Grande City, TX. Investor activity is low, as 1.0% of loans were by investors. 8.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 162 |
% Conventional Loans | 56.0% |
% Government Loans | 44.0% |
% Investor Loans | 1.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 8.0% |
Loan Activity
Rentals and Section 8 — Rio Grande City, TX
Rio Grande City, TX lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 263 |
Total Units Section 8 | 185 |
% Rentals under Section 8 | N/A |
% Occupied Section 8 | 66.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $171 | $549 | $720 |
| 2 Bedroom | -$160 | $1,100 | $940 |
| 3 Bedroom | $425 | $895 | $1,320 |
| 4 Bedroom | -$220 | $1,700 | $1,480 |
Affordability — Rio Grande City, TX
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.7 |
| Median Home Price | $133,000 |
| Median Household Income | $41,500 |