Del Rio, TX—78840
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Del Rio, TX
As of Oct '25, the median home price in Del Rio, TX is $209,000, with a year-over-year change of -0.8%. This indicates that home prices in Del Rio, TX are flat. According to Zillow, the 1-year price projection is -1.0%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $209,000 | -0.8% |
| Single Family | $209,000 | -1.9% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $161,000 | -5.3% |
3 Bed | $252,000 | -1.2% |
4 Bed | $360,000 | 0.0% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Del Rio, TX
As of July '25, Rentcast reports the average rent in Del Rio, TX is $1,430, with a year-over-year rent change of 2.1%. Per bedroom, the median rent as of July '25 in Del Rio, TX is 1-bedrooms: $816, 2-bedrooms: $1,060, 3-bedrooms: $1,680, 4-bedrooms: $2,170. The most common rental property sizes in Del Rio, TX are 3-bedroom and 2-bedroom, accounting for 30.9% and 30.8% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,350 | $1,430 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $700 | $816 |
| 2 Bed Rent | $1,000 | $1,060 |
| 3 Bed Rent | $1,600 | $1,680 |
| 4 Bed Rent | $2,200 | $2,170 |
% of Rental Stock
Property Listings — Del Rio, TX
As of Oct '25, Realtor.com reports that the median days on market for a home in Del Rio, TX is 85. This is a increase of 2.0% 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 12.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $298,000 | 6.0% |
Listing Count | 293 | 19.0% |
| Listings as % of Homes | 0.9% | 19.0% |
Days on Market | 85 | 2.0% |
Demographics — Del Rio, TX
As of the latest ACS Survey released in 2023, Del Rio, TX has a population of 47,100, which has decreased by -2.3% over the past 5 years. Del Rio, TX is a popular place for families, as children make up 28.4% of the population. The area has a poorly educated workforce, with 21.1% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 3.4% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 47,100 | -2.3% |
% Under 18 | 28.4% | -2.7% |
% Seniors | 13.9% | -1.4% |
% WFH | 3.4% | 17.2% |
% w/ College Degree | 21.1% | 14.7% |
As of the latest ACS Survey released in 2023, Del Rio, TX is a predominantly hispanic area, with 81.8% of the population identifying as hispanic. The hispanic population has shrunk by 1.3% in the last 5 years. The second most common race or ethnicity in Del Rio, TX is white, making up 14.9% of the population. Foreign-born residents account for 19.2% of the population in Del Rio, TX, and this percentage has decreased by 14.3% 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 | 14.9% | 2.8% |
% Black | 1.3% | -13.3% |
% Hispanic | 81.8% | -1.3% |
% Asian | 0.6% | 0.0% |
% Foreign Born | 19.2% | -14.3% |
Mortgage and Risk — Del Rio, TX
According to HUD data as of 2023, there were 524 mortgage originations in Del Rio, TX, of which 46.0% of loans were conventional mortgages. The average loan-to-value was 81.0%, with 54.0% above 90% LTV (very high). This implies large mortgage risk in Del Rio, TX. Investor activity is low, as 4.0% 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 | 524 |
% Conventional Loans | 46.0% |
% Government Loans | 54.0% |
% Investor Loans | 4.0% |
% Second Loans | 2.0% |
% Cash Out Refinance | 6.0% |
Loan Activity
Rentals and Section 8 — Del Rio, TX
Del Rio, TX lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 1,198 |
Total Units Section 8 | 864 |
% Rentals under Section 8 | N/A |
% Occupied Section 8 | 84.2% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $70 | $700 | $770 |
| 2 Bedroom | -$20 | $1,000 | $980 |
| 3 Bedroom | -$310 | $1,600 | $1,290 |
| 4 Bedroom | -$840 | $2,200 | $1,360 |
Affordability — Del Rio, TX
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.4 |
| Median Home Price | $209,000 |
| Median Household Income | $59,600 |