Morse Junction, TX 79062 - Home Prices, Rental Trends, Listings & Demographics | Prop:Metrics

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Morse Junction, TX—79062

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value

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Household Income

$64,300

5.6% YoY Growth

Days on Market

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Home Price Forecast

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Median Rent

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1-Bed Rent

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2-Bed Rent

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3-Bed Rent

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Home Price Trends — Morse Junction, TX

Morse Junction, TX lacks sufficient home price data for analysis.

Cost per Home Type

Home Type	Median Home Value	YoY % Change
All Homes	N/A	N/A
Single Family	N/A	N/A
Condos	N/A	N/A

Cost per Home Size

Home Size	Median Home Value	YoY % Change
1 Bed	N/A	N/A

Rental Trends — Morse Junction, TX

Morse Junction, 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

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% of Rental Stock

3 Bedrooms

100.0%

Property Listings — Morse Junction, TX

Morse Junction, TX lacks sufficient listing trend data for analysis.

Metric	Zip Code Average	Year over Year % Change
Median Listing Price	N/A	N/A
Listing Count	N/A	N/A
Listings as % of Homes	N/A	N/A
Days on Market	N/A	N/A

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Demographics — Morse Junction, TX

As of the latest ACS Survey released in 2023, Morse Junction, TX has a population of 367, which has increased by 93.2% over the past 5 years. Morse Junction, TX is a popular place for families, as children make up 36.5% of the population. The area has a moderately educated workforce, with 26.5% 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	367	93.2%
% Under 18	36.5%	93.1%
% Seniors	8.4%	-46.8%
% WFH	0.6%	-79.3%
% w/ College Degree	26.5%	-17.4%

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As of the latest ACS Survey released in 2023, Morse Junction, TX is a predominantly hispanic area, with 58.0% of the population identifying as hispanic. The hispanic population has grown by 86.5% in the last 5 years. The second most common race or ethnicity in Morse Junction, TX is white, making up 42.0% of the population. Foreign-born residents account for 3.0% of the population in Morse Junction, TX, and this percentage has decreased by 85.4% 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	42.0%	-39.0%
% Black	0.0%	N/A
% Hispanic	58.0%	86.5%
% Asian	0.0%	N/A
% Foreign Born	3.0%	-85.4%

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Mortgage and Risk — Morse Junction, TX

Morse Junction, TX lacks sufficient mortgage origination data for analysis.

Mortgages

Metric	Zip Code Average
Total Loan Originations	N/A
% Conventional Loans	N/A
% Government Loans	N/A
% Investor Loans	N/A
% Second Loans	N/A
% Cash Out Refinance	N/A

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Rentals and Section 8 — Morse Junction, TX

Morse Junction, TX lacks sufficient Section 8 program data for analysis.

Section 8 Market Size

Total Units under HUD	N/A
Total Units Section 8	N/A
% 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	$740
2 Bedroom	N/A	N/A	$970
3 Bedroom	N/A	N/A	$1,320
4 Bedroom	N/A	N/A	$1,510