Morse Junction, TX—79062
Real Estate Data & Market Trends
Key Metrics at a Glance
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 |
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 — 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 |
% of Rental Stock
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 |
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% |
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% |
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 |
Loan Activity
No data available
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 |
Affordability — Morse Junction, TX
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | N/A |
| Median Home Price | N/A |
| Median Household Income | $64,300 |