Hondo, TX—78861
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Hondo, TX
As of Oct '25, the median home price in Hondo, TX is $262,000, with a year-over-year change of -0.7%. This indicates that home prices in Hondo, 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 | $262,000 | -0.7% |
| Single Family | $262,000 | -1.1% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $214,000 | -0.5% |
3 Bed | $300,000 | -0.3% |
4 Bed | $400,000 | -1.0% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Hondo, TX
As of July '25, Rentcast reports the average rent in Hondo, TX is $1,280, with a year-over-year rent change of -15.2%. Per bedroom, the median rent as of July '25 in Hondo, TX is 1-bedrooms: $989, 2-bedrooms: $1,020, 3-bedrooms: $1,480, 4-bedrooms: $1,400. The most common rental property sizes in Hondo, TX are 2-bedroom and 3-bedroom, accounting for 41.3% and 26.2% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,350 | $1,280 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $729 | $989 |
| 2 Bed Rent | $825 | $1,020 |
| 3 Bed Rent | $1,450 | $1,480 |
| 4 Bed Rent | $1,400 | $1,400 |
% of Rental Stock
Property Listings — Hondo, TX
As of Oct '25, Realtor.com reports that the median days on market for a home in Hondo, TX is 84. This is a increase of 14.0% 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 24.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $399,000 | 11.0% |
Listing Count | 59 | 4.0% |
| Listings as % of Homes | 0.6% | 4.0% |
Days on Market | 84 | 14.0% |
Demographics — Hondo, TX
As of the latest ACS Survey released in 2023, Hondo, TX has a population of 13,700, which has decreased by -1.8% over the past 5 years. Hondo, TX is a moderately popular place for families, as children make up 19.4% of the population. The area has a poorly educated workforce, with 16.8% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 8.0% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 13,700 | -1.8% |
% Under 18 | 19.4% | -12.6% |
% Seniors | 17.1% | 30.5% |
% WFH | 8.0% | 142.4% |
% w/ College Degree | 16.8% | 21.7% |
As of the latest ACS Survey released in 2023, Hondo, TX is a predominantly hispanic area, with 48.9% of the population identifying as hispanic. The hispanic population has shrunk by 2.6% in the last 5 years. The second most common race or ethnicity in Hondo, TX is white, making up 41.3% of the population. Foreign-born residents account for 3.9% of the population in Hondo, TX, and this percentage has remained stable as of the ACS Survey 5 years prior, suggesting immigration has remained steady.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 41.3% | -0.7% |
% Black | 4.1% | -34.9% |
% Hispanic | 48.9% | -2.6% |
% Asian | 0.1% | -91.7% |
% Foreign Born | 3.9% | 0.0% |
Mortgage and Risk — Hondo, TX
According to HUD data as of 2023, there were 164 mortgage originations in Hondo, TX, of which 70.0% of loans were conventional mortgages. The average loan-to-value was 77.0%, with 35.0% above 90% LTV (very high). This implies large mortgage risk in Hondo, TX. Investor activity is low, as 5.0% of loans were by investors. 12.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 164 |
% Conventional Loans | 70.0% |
% Government Loans | 30.0% |
% Investor Loans | 5.0% |
% Second Loans | 5.0% |
% Cash Out Refinance | 12.0% |
Loan Activity
Rentals and Section 8 — Hondo, TX
As of 2024, the percent of homes in Hondo, TX under the Section 8 program is 3.8%. 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. In Hondo, TX, all tracked home sizes have HUD payment amounts above market rent, suggesting strong Section 8 opportunity across the board.
Section 8 Market Size
Total Units under HUD | 44 |
Total Units Section 8 | 44 |
% Rentals under Section 8 | 3.8% |
% Occupied Section 8 | 97.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $211 | $729 | $940 |
| 2 Bedroom | $405 | $825 | $1,230 |
| 3 Bedroom | $170 | $1,450 | $1,620 |
| 4 Bedroom | $230 | $1,400 | $1,630 |
Affordability — Hondo, TX
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 4.1 |
| Median Home Price | $262,000 |
| Median Household Income | $64,500 |