Black Rock—87327
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Black Rock
Black Rock 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 — Black Rock
Black Rock 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 — Black Rock
Black Rock 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 — Black Rock
As of the latest ACS Survey released in 2023, Black Rock has a population of 7,340, which has decreased by -23.2% over the past 5 years. Black Rock is a moderately popular place for families, as children make up 23.3% of the population. The area has a poorly educated workforce, with 6.7% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 22.4% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 7,340 | -23.2% |
% Under 18 | 23.3% | -19.7% |
% Seniors | 12.6% | 43.2% |
% WFH | 22.4% | -22.0% |
% w/ College Degree | 6.7% | 8.1% |
As of the latest ACS Survey released in 2023, Black Rock is a predominantly hispanic area, with 2.7% of the population identifying as hispanic. The hispanic population has grown by 107.7% in the last 5 years. The second most common race or ethnicity in Black Rock is white, making up 0.9% of the population. Foreign-born residents account for 1.0% of the population in Black Rock, and this percentage has increased by 25.0% 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 | 0.9% | -25.0% |
% Black | 0.0% | N/A |
% Hispanic | 2.7% | 107.7% |
% Asian | 0.9% | 12.5% |
% Foreign Born | 1.0% | 25.0% |
Mortgage and Risk — Black Rock
According to HUD data as of 2023, there were 3 mortgage originations in Black Rock, of which 67.0% of loans were conventional mortgages. The average loan-to-value was 95.0%, with 67.0% above 90% LTV (very high). This implies large mortgage risk in Black Rock. Investor activity is low, as 0.0% of loans were by investors. 0.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 3 |
% Conventional Loans | 67.0% |
% Government Loans | 33.0% |
% Investor Loans | 0.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 0.0% |
Loan Activity
Rentals and Section 8 — Black Rock
Black Rock 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 | $780 |
| 2 Bedroom | N/A | N/A | $930 |
| 3 Bedroom | N/A | N/A | $1,150 |
| 4 Bedroom | N/A | N/A | $1,240 |
Affordability — Black Rock
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | N/A |
| Median Home Price | N/A |
| Median Household Income | $46,200 |