Rio Hondo, TX—78583
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Rio Hondo, TX
As of Oct '25, the median home price in Rio Hondo, TX is $197,000, with a year-over-year change of 4.8%. This indicates that home prices in Rio Hondo, TX are increasing. According to Zillow, the 1-year price projection is 2.1%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $197,000 | 4.8% |
| Single Family | $198,000 | 5.3% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $190,000 | 1.6% |
3 Bed | $230,000 | 6.5% |
4 Bed | N/A | N/A |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Rio Hondo, TX
As of July '25, Rentcast reports the average rent in Rio Hondo, TX is $1,380, with a year-over-year rent change of 16.9%. Per bedroom, the median rent as of July '25 in Rio Hondo, TX is 1-bedrooms: $560, 3-bedrooms: $1,660. The most common rental property sizes in Rio Hondo, TX are 3-bedroom and 1-bedroom, accounting for 44.1% and 24.4% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,220 | $1,380 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $560 | $560 |
| 2 Bed Rent | N/A | N/A |
| 3 Bed Rent | $1,250 | $1,660 |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Rio Hondo, TX
As of Oct '25, Realtor.com reports that the median days on market for a home in Rio Hondo, TX is 79. This is a decrease of -23.0% 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 22.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $530,000 | 30.0% |
Listing Count | 37 | 24.0% |
| Listings as % of Homes | 0.7% | 24.0% |
Days on Market | 79 | -23.0% |
Demographics — Rio Hondo, TX
As of the latest ACS Survey released in 2023, Rio Hondo, TX has a population of 5,470, which has decreased by -25.3% over the past 5 years. Rio Hondo, TX is a moderately popular place for families, as children make up 21.2% 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 8.5% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 5,470 | -25.3% |
% Under 18 | 21.2% | -18.5% |
% Seniors | 25.5% | 3.7% |
% WFH | 8.5% | 2,025.0% |
% w/ College Degree | 14.6% | -0.7% |
As of the latest ACS Survey released in 2023, Rio Hondo, TX is a predominantly hispanic area, with 83.9% of the population identifying as hispanic. The hispanic population has grown by 5.5% in the last 5 years. The second most common race or ethnicity in Rio Hondo, TX is white, making up 14.7% of the population. Foreign-born residents account for 16.8% of the population in Rio Hondo, TX, and this percentage has increased by 41.2% 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 | 14.7% | -26.9% |
% Black | 0.0% | N/A |
% Hispanic | 83.9% | 5.5% |
% Asian | 0.2% | -50.0% |
% Foreign Born | 16.8% | 41.2% |
Mortgage and Risk — Rio Hondo, TX
According to HUD data as of 2023, there were 40 mortgage originations in Rio Hondo, TX, of which 65.0% of loans were conventional mortgages. The average loan-to-value was 70.0%, with 45.0% above 90% LTV (very high). This implies large mortgage risk in Rio Hondo, TX. Investor activity is low, as 10.0% of loans were by investors. 10.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 40 |
% Conventional Loans | 65.0% |
% Government Loans | 35.0% |
% Investor Loans | 10.0% |
% Second Loans | 10.0% |
% Cash Out Refinance | 10.0% |
Loan Activity
Rentals and Section 8 — Rio Hondo, TX
Rio Hondo, TX lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 78 |
Total Units Section 8 | 77 |
% Rentals under Section 8 | 20.5% |
% Occupied Section 8 | 97.6% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $210 | $560 | $770 |
| 2 Bedroom | N/A | N/A | $970 |
| 3 Bedroom | $40 | $1,250 | $1,290 |
| 4 Bedroom | N/A | N/A | $1,340 |
Affordability — Rio Hondo, TX
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.1 |
| Median Home Price | $197,000 |
| Median Household Income | $61,300 |