Floydada, TX—79235
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Floydada, TX
Floydada, TX lacks sufficient home price data for analysis.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $73,000 | -13.1% |
| Single Family | $73,000 | -14.1% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | 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 — Floydada, TX
As of July '25, Rentcast reports the average rent in Floydada, TX is $678, with a year-over-year rent change of -17.0%. Per bedroom, the median rent as of July '25 in Floydada, TX is 2-bedrooms: $678. The most common rental property sizes in Floydada, TX are 2-bedroom and 3-bedroom, accounting for 50.3% and 36.0% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $675 | $678 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | $675 | $678 |
| 3 Bed Rent | N/A | N/A |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Floydada, TX
As of Oct '25, Realtor.com reports that the median days on market for a home in Floydada, TX is 111. This is a increase of 11.0% 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 18.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $157,000 | -2.0% |
Listing Count | 11 | 13.0% |
| Listings as % of Homes | 0.5% | 13.0% |
Days on Market | 111 | 11.0% |
Demographics — Floydada, TX
As of the latest ACS Survey released in 2023, Floydada, TX has a population of 3,110, which has decreased by -10.3% over the past 5 years. Floydada, TX is a popular place for families, as children make up 32.6% of the population. The area has a poorly educated workforce, with 17.7% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 0.9% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 3,110 | -10.3% |
% Under 18 | 32.6% | 16.0% |
% Seniors | 18.8% | 0.0% |
% WFH | 0.9% | -71.0% |
% w/ College Degree | 17.7% | 8.6% |
As of the latest ACS Survey released in 2023, Floydada, TX is a predominantly hispanic area, with 56.0% of the population identifying as hispanic. The hispanic population has shrunk by 2.9% in the last 5 years. The second most common race or ethnicity in Floydada, TX is white, making up 38.0% of the population. Foreign-born residents account for 9.5% of the population in Floydada, TX, and this percentage has increased by 35.7% 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 | 38.0% | 1.1% |
% Black | 3.9% | -31.6% |
% Hispanic | 56.0% | -2.9% |
% Asian | 0.3% | 200.0% |
% Foreign Born | 9.5% | 35.7% |
Mortgage and Risk — Floydada, TX
According to HUD data as of 2023, there were 22 mortgage originations in Floydada, TX, of which 64.0% of loans were conventional mortgages. The average loan-to-value was 85.0%, with 45.0% above 90% LTV (very high). This implies large mortgage risk in Floydada, TX. Investor activity is high, as 32.0% of loans were by investors. 32.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 22 |
% Conventional Loans | 64.0% |
% Government Loans | 36.0% |
% Investor Loans | 32.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 32.0% |
Loan Activity
Rentals and Section 8 — Floydada, TX
Floydada, TX lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 82 |
Total Units Section 8 | 24 |
% Rentals under Section 8 | 4.6% |
% Occupied Section 8 | 63.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $840 |
| 2 Bedroom | $335 | $675 | $1,010 |
| 3 Bedroom | N/A | N/A | $1,400 |
| 4 Bedroom | N/A | N/A | $1,650 |
Affordability — Floydada, TX
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 1.9 |
| Median Home Price | $73,000 |
| Median Household Income | $53,100 |