Mildred, TX—75109
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Mildred, TX
As of Oct '25, the median home price in Mildred, TX is $391,000, with a year-over-year change of -1.6%. This indicates that home prices in Mildred, TX are decreasing. According to Zillow, the 1-year price projection is 2.4%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $391,000 | -1.6% |
| Single Family | $403,000 | -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 | $405,000 | -1.5% |
4 Bed | $716,000 | -1.4% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Mildred, TX
As of July '25, Rentcast reports the average rent in Mildred, TX is $1,500, with a year-over-year rent change of -73.9%. Per bedroom, the median rent as of July '25 in Mildred, TX is 3-bedrooms: $1,500. The most common rental property sizes in Mildred, TX are 3-bedroom and 4-bedroom, accounting for 79.7% and 14.7% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,500 | $1,500 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | N/A | N/A |
| 3 Bed Rent | $1,500 | $1,500 |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Mildred, TX
As of Oct '25, Realtor.com reports that the median days on market for a home in Mildred, TX is 91. This is a increase of 37.0% 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 14.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $525,000 | -21.0% |
Listing Count | 43 | 49.0% |
| Listings as % of Homes | 1.2% | 49.0% |
Days on Market | 91 | 37.0% |
Demographics — Mildred, TX
As of the latest ACS Survey released in 2023, Mildred, TX has a population of 5,120, which has increased by 12.3% over the past 5 years. Mildred, TX is a moderately popular place for families, as children make up 22.3% of the population. The area has a poorly educated workforce, with 20.2% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 8.3% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 5,120 | 12.3% |
% Under 18 | 22.3% | -6.7% |
% Seniors | 24.8% | 31.2% |
% WFH | 8.3% | 36.1% |
% w/ College Degree | 20.2% | -20.2% |
As of the latest ACS Survey released in 2023, Mildred, TX is a predominantly white area, with 73.8% of the population identifying as white. The white population has shrunk by 12.2% in the last 5 years. The second most common race or ethnicity in Mildred, TX is hispanic, making up 20.2% of the population. Foreign-born residents account for 5.1% of the population in Mildred, TX, and this percentage has increased by 218.7% 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 | 73.8% | -12.2% |
% Black | 2.1% | -57.1% |
% Hispanic | 20.2% | 254.4% |
% Asian | 0.0% | -100.0% |
% Foreign Born | 5.1% | 218.7% |
Mortgage and Risk — Mildred, TX
According to HUD data as of 2023, there were 158 mortgage originations in Mildred, TX, of which 84.0% of loans were conventional mortgages. The average loan-to-value was 70.0%, with 23.0% above 90% LTV (very high). This implies large mortgage risk in Mildred, TX. Investor activity is low, as 4.0% of loans were by investors. 5.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 158 |
% Conventional Loans | 84.0% |
% Government Loans | 16.0% |
% Investor Loans | 4.0% |
% Second Loans | 20.0% |
% Cash Out Refinance | 5.0% |
Loan Activity
Rentals and Section 8 — Mildred, TX
Mildred, TX 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 | $1,150 |
| 2 Bedroom | N/A | N/A | $1,380 |
| 3 Bedroom | $430 | $1,500 | $1,930 |
| 4 Bedroom | N/A | N/A | $2,060 |
Affordability — Mildred, TX
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 4.5 |
| Median Home Price | $391,000 |
| Median Household Income | $85,000 |