Enterprise—84725
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Enterprise
As of Oct '25, the median home price in Enterprise is $415,000, with a year-over-year change of 1.7%. This indicates that home prices in Enterprise are increasing. According to Zillow, the 1-year price projection is 0.9%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $415,000 | 1.7% |
| Single Family | $415,000 | 2.2% |
| 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 | $364,000 | 0.0% |
4 Bed | $445,000 | 1.8% |
| 5 Bed | $553,000 | 3.6% |
% of Housing Stock
Rental Trends — Enterprise
As of July '25, Rentcast reports the average rent in Enterprise is $1,480, with a year-over-year rent change of -2.6%. Per bedroom, the median rent as of July '25 in Enterprise is 4-bedrooms: $1,480. The most common rental property sizes in Enterprise are 4-bedroom and 2-bedroom, accounting for 46.5% and 16.9% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,480 | $1,480 |
| 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 | $1,480 | $1,480 |
% of Rental Stock
Property Listings — Enterprise
As of Oct '25, Realtor.com reports that the median days on market for a home in Enterprise is 87. This is a decrease of -2.0% from last year, suggesting that homes are sitting on the market shorter than last year. The percentage of listed homes with a reduced price is 9.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $769,000 | 21.0% |
Listing Count | 23 | -2.0% |
| Listings as % of Homes | 0.5% | -2.0% |
Days on Market | 87 | -2.0% |
Demographics — Enterprise
As of the latest ACS Survey released in 2023, Enterprise has a population of 1,660, which has decreased by -2.0% over the past 5 years. Enterprise is a popular place for families, as children make up 33.1% of the population. The area has a poorly educated workforce, with 19.9% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 8.8% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 1,660 | -2.0% |
% Under 18 | 33.1% | -10.5% |
% Seniors | 19.3% | 45.1% |
% WFH | 8.8% | -8.3% |
% w/ College Degree | 19.9% | -27.4% |
As of the latest ACS Survey released in 2023, Enterprise is a predominantly white area, with 93.0% of the population identifying as white. The white population has shrunk by 4.5% in the last 5 years. The second most common race or ethnicity in Enterprise is black, making up 0.0% of the population. Foreign-born residents account for 0.0% of the population in Enterprise, and this percentage has decreased by 100.0% 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 | 93.0% | -4.5% |
% Black | 0.0% | N/A |
% Hispanic | 0.0% | -100.0% |
% Asian | 0.0% | N/A |
% Foreign Born | 0.0% | -100.0% |
Mortgage and Risk — Enterprise
According to HUD data as of 2023, there were 143 mortgage originations in Enterprise, of which 83.0% of loans were conventional mortgages. The average loan-to-value was 48.0%, with 17.0% above 90% LTV (elevated). This implies medium mortgage risk in Enterprise. Investor activity is low, as 1.0% of loans were by investors. 16.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 143 |
% Conventional Loans | 83.0% |
% Government Loans | 17.0% |
% Investor Loans | 1.0% |
% Second Loans | 6.0% |
% Cash Out Refinance | 16.0% |
Loan Activity
Rentals and Section 8 — Enterprise
Enterprise 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 | $1,090 |
| 2 Bedroom | N/A | N/A | $1,390 |
| 3 Bedroom | N/A | N/A | $1,850 |
| 4 Bedroom | $850 | $1,480 | $2,330 |
Affordability — Enterprise
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 5 |
| Median Home Price | $415,000 |
| Median Household Income | $80,900 |