Friona, TX—79035
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Friona, TX
Friona, TX lacks sufficient home price data for analysis.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $152,000 | 6.0% |
| Single Family | $152,000 | 7.0% |
| 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 | N/A | N/A |
4 Bed | N/A | N/A |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Friona, TX
Friona, TX lacks sufficient rental market data for analysis.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | N/A | N/A |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | N/A | N/A |
| 3 Bed Rent | N/A | N/A |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Friona, TX
As of Oct '25, Realtor.com reports that the median days on market for a home in Friona, TX is 50. This is a increase of 163.0% 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 57.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $268,000 | 17.0% |
Listing Count | 7 | 55.0% |
| Listings as % of Homes | 0.1% | 55.0% |
Days on Market | 50 | 163.0% |
Demographics — Friona, TX
As of the latest ACS Survey released in 2023, Friona, TX has a population of 5,360, which has increased by 3.5% over the past 5 years. Friona, TX is a moderately popular place for families, as children make up 24.9% of the population. The area has a poorly educated workforce, with 17.9% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 0.6% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 5,360 | 3.5% |
% Under 18 | 24.9% | -18.4% |
% Seniors | 17.6% | 47.9% |
% WFH | 0.6% | -50.0% |
% w/ College Degree | 17.9% | -16.4% |
As of the latest ACS Survey released in 2023, Friona, TX is a predominantly hispanic area, with 67.0% of the population identifying as hispanic. The hispanic population has shrunk by 3.3% in the last 5 years. The second most common race or ethnicity in Friona, TX is white, making up 30.6% of the population. Foreign-born residents account for 22.6% of the population in Friona, TX, and this percentage has increased by 7.6% 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 | 30.6% | 13.8% |
% Black | 0.5% | -66.7% |
% Hispanic | 67.0% | -3.3% |
% Asian | 0.0% | N/A |
% Foreign Born | 22.6% | 7.6% |
Mortgage and Risk — Friona, TX
According to HUD data as of 2023, there were 11 mortgage originations in Friona, TX, of which 64.0% of loans were conventional mortgages. The average loan-to-value was 95.0%, with 45.0% above 90% LTV (very high). This implies large mortgage risk in Friona, TX. Investor activity is high, as 27.0% of loans were by investors. 0.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 11 |
% Conventional Loans | 64.0% |
% Government Loans | 36.0% |
% Investor Loans | 27.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 0.0% |
Loan Activity
Rentals and Section 8 — Friona, TX
Friona, TX lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 10 |
Total Units Section 8 | 10 |
% Rentals under Section 8 | N/A |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $730 |
| 2 Bedroom | N/A | N/A | $950 |
| 3 Bedroom | N/A | N/A | $1,150 |
| 4 Bedroom | N/A | N/A | $1,560 |
Affordability — Friona, TX
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 1.9 |
| Median Home Price | $152,000 |
| Median Household Income | $74,800 |