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Friona, TX—79035

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$155,000
7.0% YoY Growth
Household Income
$74,800
35.7% YoY Growth
Days on Market
106
16.0% Longer YoY
Home Price Forecast
N/A
Median 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
  • Home Price Trends
  • Rental Trends
  • Property Listings
  • Demographics
  • Mortgage and Risk

Home Price Trends — Friona, TX

Friona, TX lacks sufficient home price data for analysis.

Cost per Home Type

Home TypeMedian Home ValueYoY % Change
All Homes
$155,0007.0%
Single Family $155,0008.4%
Condos N/AN/A

Cost per Home Size

Home SizeMedian Home ValueYoY % Change
1 Bed
N/AN/A
  • Affordability
  • Rentals and Section 8
    • 2 Bed
    N/A
    N/A
    3 Bed
    		N/AN/A
    4 Bed
    		N/AN/A
    5 Bed N/AN/A
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    % of Housing Stock

    Studio
    4.3%
    1 Bedroom
    0.3%
    2 Bedrooms
    27.1%
    3 Bedrooms
    51.3%
    4 Bedrooms
    15.4%
    5+ Bedrooms
    1.5%

    Rental Trends — Friona, TX

    Friona, TX lacks sufficient rental market data for analysis.

    TypeMedian RentAverage Rent
    Average RentN/AN/A
    Studio Rent N/AN/A
    1 Bed Rent N/AN/A
    2 Bed Rent N/AN/A
    3 Bed Rent N/AN/A
    4 Bed Rent N/AN/A
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    % of Rental Stock

    Studio
    11.3%
    1 Bedroom
    1.3%
    2 Bedrooms
    39.0%
    3 Bedrooms
    40.7%
    4 Bedrooms
    7.7%

    Property Listings — Friona, TX

    As of Dec '25, Realtor.com reports that the median days on market for a home in Friona, TX is 76. This is a increase of 15.0% 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 0.0%, representing a small inventory and little supply pressure on home prices.

    MetricZip Code AverageYear over Year % Change
    Median Listing Price
    		$248,00021.0%
    Listing Count
    		864.0%
    Listings as % of Homes0.1%64.0%
    Days on Market
    		10616.0%
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    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.

    MetricLatest CensusYoY % Change
    Population
    		5,3603.5%
    % Under 18
    		24.9%-18.4%
    % Seniors
    		17.6%47.9%
    % WFH
    		0.6%-50.0%
    % w/ College Degree
    		17.9%-16.4%
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    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

    MetricLatest Census5-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%
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    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

    MetricZip 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%
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    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 SizeHUD PremiumMarket RentMax HUD Rent
    1 BedroomN/AN/A$730
    2 BedroomN/AN/A$950
    3 BedroomN/AN/A$1,150
    4 BedroomN/AN/A$1,560

    Affordability — Friona, TX

    Home Price to Income Ratio

    MetricZip Code Average
    Home Price to Income Ratio1.9
    Median Home Price$155,000
    Median Household Income$74,800

    Friona, TX — ZIP Code Boundary Map

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    Nearby ZIP Codes

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    88135

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    Frequently Asked Questions