Wylie, TX—75098
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Wylie, TX
As of Oct '25, the median home price in Wylie, TX is $429,000, with a year-over-year change of -4.5%. This indicates that home prices in Wylie, TX are decreasing. 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 | $429,000 | -4.5% |
| Single Family | $430,000 | -4.7% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $264,000 | -6.0% |
3 Bed | $349,000 | -5.4% |
4 Bed | $468,000 | -4.5% |
| 5 Bed | $615,000 | -2.4% |
% of Housing Stock
Rental Trends — Wylie, TX
As of July '25, Rentcast reports the average rent in Wylie, TX is $2,310, with a year-over-year rent change of -2.9%. Per bedroom, the median rent as of July '25 in Wylie, TX is studios: $1,200, 1-bedrooms: $1,420, 2-bedrooms: $1,720, 3-bedrooms: $2,270, 4-bedrooms: $2,780. The most common rental property sizes in Wylie, TX are 3-bedroom and 2-bedroom, accounting for 36.7% and 23.6% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $2,300 | $2,310 |
| Studio Rent | $1,200 | $1,200 |
| 1 Bed Rent | $1,300 | $1,420 |
| 2 Bed Rent | $1,660 | $1,720 |
| 3 Bed Rent | $2,240 | $2,270 |
| 4 Bed Rent | $2,700 | $2,780 |
% of Rental Stock
Property Listings — Wylie, TX
As of Oct '25, Realtor.com reports that the median days on market for a home in Wylie, TX is 63. This is a increase of 29.0% 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 32.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $487,000 | -4.0% |
Listing Count | 363 | 18.0% |
| Listings as % of Homes | 1.2% | 18.0% |
Days on Market | 63 | 29.0% |
Demographics — Wylie, TX
As of the latest ACS Survey released in 2023, Wylie, TX has a population of 67,500, which has increased by 18.9% over the past 5 years. Wylie, TX is a popular place for families, as children make up 29.2% of the population. The area has a moderately educated workforce, with 40.6% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 18.5% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 67,500 | 18.9% |
% Under 18 | 29.2% | -7.0% |
% Seniors | 9.4% | 23.7% |
% WFH | 18.5% | 160.6% |
% w/ College Degree | 40.6% | 10.6% |
As of the latest ACS Survey released in 2023, Wylie, TX is a predominantly white area, with 51.1% of the population identifying as white. The white population has shrunk by 11.3% in the last 5 years. The second most common race or ethnicity in Wylie, TX is hispanic, making up 19.4% of the population. Foreign-born residents account for 20.7% of the population in Wylie, TX, and this percentage has increased by 30.2% 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 | 51.1% | -11.3% |
% Black | 12.9% | 16.2% |
% Hispanic | 19.4% | -7.6% |
% Asian | 10.8% | 63.6% |
% Foreign Born | 20.7% | 30.2% |
Mortgage and Risk — Wylie, TX
According to HUD data as of 2023, there were 681 mortgage originations in Wylie, TX, of which 89.0% of loans were conventional mortgages. The average loan-to-value was 67.0%, with 26.0% above 90% LTV (very high). This implies large mortgage risk in Wylie, TX. Investor activity is low, as 2.0% of loans were by investors. 13.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 681 |
% Conventional Loans | 89.0% |
% Government Loans | 11.0% |
% Investor Loans | 2.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 13.0% |
Loan Activity
Rentals and Section 8 — Wylie, TX
As of 2024, the percent of homes in Wylie, TX under the Section 8 program is 2.7%. This is considered low, suggesting that the neighborhood is sparsely composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. In Wylie, TX, all tracked home sizes have HUD payment amounts above market rent, suggesting strong Section 8 opportunity across the board.
Section 8 Market Size
Total Units under HUD | 127 |
Total Units Section 8 | 127 |
% Rentals under Section 8 | 2.7% |
% Occupied Section 8 | 75.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $800 | $1,300 | $2,100 |
| 2 Bedroom | $800 | $1,660 | $2,460 |
| 3 Bedroom | $840 | $2,240 | $3,080 |
| 4 Bedroom | $1,260 | $2,700 | $3,960 |
Affordability — Wylie, TX
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.9 |
| Median Home Price | $429,000 |
| Median Household Income | $116,000 |