San Benito, TX—78586
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — San Benito, TX
As of Oct '25, the median home price in San Benito, TX is $151,000, with a year-over-year change of 3.5%. This indicates that home prices in San Benito, 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 | $151,000 | 3.5% |
| Single Family | $151,000 | 3.4% |
| 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 | $193,000 | 3.2% |
4 Bed | $271,000 | 1.9% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — San Benito, TX
As of July '25, Rentcast reports the average rent in San Benito, TX is $1,290, with a year-over-year rent change of -2.3%. Per bedroom, the median rent as of July '25 in San Benito, TX is 1-bedrooms: $596, 2-bedrooms: $851, 3-bedrooms: $1,710, 4-bedrooms: $2,180. The most common rental property sizes in San Benito, TX are 2-bedroom and 3-bedroom, accounting for 45.8% and 28.7% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,150 | $1,290 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $550 | $596 |
| 2 Bed Rent | $875 | $851 |
| 3 Bed Rent | $1,750 | $1,710 |
| 4 Bed Rent | $1,650 | $2,180 |
% of Rental Stock
Property Listings — San Benito, TX
As of Oct '25, Realtor.com reports that the median days on market for a home in San Benito, TX is 69. This is a increase of 16.0% 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 14.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $250,000 | -4.0% |
Listing Count | 140 | 18.0% |
| Listings as % of Homes | 0.4% | 18.0% |
Days on Market | 69 | 16.0% |
Demographics — San Benito, TX
As of the latest ACS Survey released in 2023, San Benito, TX has a population of 49,100, which has decreased by -12.8% over the past 5 years. San Benito, TX is a popular place for families, as children make up 30.1% of the population. The area has a poorly educated workforce, with 12.4% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 8.4% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 49,100 | -12.8% |
% Under 18 | 30.1% | -4.4% |
% Seniors | 13.4% | 13.6% |
% WFH | 8.4% | 366.7% |
% w/ College Degree | 12.4% | 6.9% |
As of the latest ACS Survey released in 2023, San Benito, TX is a predominantly hispanic area, with 93.4% of the population identifying as hispanic. The hispanic population has shrunk by 1.2% in the last 5 years. The second most common race or ethnicity in San Benito, TX is white, making up 6.1% of the population. Foreign-born residents account for 22.9% of the population in San Benito, TX, and this percentage has increased by 9.6% 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 | 6.1% | 24.5% |
% Black | 0.1% | -50.0% |
% Hispanic | 93.4% | -1.2% |
% Asian | 0.1% | -50.0% |
% Foreign Born | 22.9% | 9.6% |
Mortgage and Risk — San Benito, TX
According to HUD data as of 2023, there were 284 mortgage originations in San Benito, TX, of which 57.0% of loans were conventional mortgages. The average loan-to-value was 77.0%, with 49.0% above 90% LTV (very high). This implies large mortgage risk in San Benito, TX. Investor activity is low, as 5.0% of loans were by investors. 6.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 284 |
% Conventional Loans | 57.0% |
% Government Loans | 43.0% |
% Investor Loans | 5.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 6.0% |
Loan Activity
Rentals and Section 8 — San Benito, TX
As of 2024, the percent of homes in San Benito, TX under the Section 8 program is 14.5%. 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 2-bedroom units appear to be good home sizes to consider for Section 8 housing in San Benito, TX, because HUD payments exceed market rent, while 3-bedroom and 4-bedroom units do not.
Section 8 Market Size
Total Units under HUD | 686 |
Total Units Section 8 | 569 |
% Rentals under Section 8 | 14.5% |
% Occupied Section 8 | 84.6% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $190 | $550 | $740 |
| 2 Bedroom | $55 | $875 | $930 |
| 3 Bedroom | -$510 | $1,750 | $1,240 |
| 4 Bedroom | -$360 | $1,650 | $1,290 |
Affordability — San Benito, TX
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.3 |
| Median Home Price | $151,000 |
| Median Household Income | $44,200 |