Slaton, TX—79364
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Slaton, TX
As of Oct '25, the median home price in Slaton, TX is $128,000, with a year-over-year change of -4.9%. This indicates that home prices in Slaton, TX are decreasing. According to Zillow, the 1-year price projection is -1.1%, suggesting a decrease housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $128,000 | -4.9% |
| Single Family | $127,000 | -3.8% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $64,000 | -13.5% |
3 Bed | $146,000 | -2.7% |
4 Bed | $334,000 | 0.3% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Slaton, TX
As of July '25, Rentcast reports the average rent in Slaton, TX is $818, with a year-over-year rent change of -8.0%. Per bedroom, the median rent as of July '25 in Slaton, TX is 1-bedrooms: $530, 2-bedrooms: $745, 3-bedrooms: $1,140. The most common rental property sizes in Slaton, TX are 2-bedroom and 3-bedroom, accounting for 34.8% and 32.1% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $650 | $818 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $559 | $530 |
| 2 Bed Rent | $650 | $745 |
| 3 Bed Rent | $950 | $1,140 |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Slaton, TX
As of Oct '25, Realtor.com reports that the median days on market for a home in Slaton, TX is 71. This is a increase of 26.0% 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 11.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $134,000 | 7.0% |
Listing Count | 36 | 1.0% |
| Listings as % of Homes | 0.6% | 1.0% |
Days on Market | 71 | 26.0% |
Demographics — Slaton, TX
As of the latest ACS Survey released in 2023, Slaton, TX has a population of 7,140, which has decreased by -8.5% over the past 5 years. Slaton, TX is a popular place for families, as children make up 27.4% of the population. The area has a poorly educated workforce, with 16.4% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 4.2% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 7,140 | -8.5% |
% Under 18 | 27.4% | -3.5% |
% Seniors | 15.6% | -15.2% |
% WFH | 4.2% | 100.0% |
% w/ College Degree | 16.4% | -12.8% |
As of the latest ACS Survey released in 2023, Slaton, TX is a predominantly white area, with 50.9% of the population identifying as white. The white population has grown by 4.5% in the last 5 years. The second most common race or ethnicity in Slaton, TX is hispanic, making up 42.6% of the population. Foreign-born residents account for 5.6% of the population in Slaton, TX, and this percentage has increased by 124.0% 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 | 50.9% | 4.5% |
% Black | 7.3% | 4.3% |
% Hispanic | 42.6% | -1.6% |
% Asian | 0.0% | N/A |
% Foreign Born | 5.6% | 124.0% |
Mortgage and Risk — Slaton, TX
According to HUD data as of 2023, there were 97 mortgage originations in Slaton, TX, of which 66.0% of loans were conventional mortgages. The average loan-to-value was 80.0%, with 39.0% above 90% LTV (very high). This implies large mortgage risk in Slaton, TX. Investor activity is low, as 7.0% of loans were by investors. 11.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 97 |
% Conventional Loans | 66.0% |
% Government Loans | 34.0% |
% Investor Loans | 7.0% |
% Second Loans | 2.0% |
% Cash Out Refinance | 11.0% |
Loan Activity
Rentals and Section 8 — Slaton, TX
Slaton, TX lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 129 |
Total Units Section 8 | 59 |
% Rentals under Section 8 | 7.4% |
% Occupied Section 8 | 100.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $321 | $559 | $880 |
| 2 Bedroom | $400 | $650 | $1,050 |
| 3 Bedroom | $510 | $950 | $1,460 |
| 4 Bedroom | N/A | N/A | $1,710 |
Affordability — Slaton, TX
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 2.4 |
| Median Home Price | $128,000 |
| Median Household Income | $55,200 |