Waxahachie, TX—75165
Real Estate Data & Market Trends
Key Metrics at a Glance
Other Zip Codes in Waxahachie, TX
Home Price Trends — Waxahachie, TX
As of Nov '25, the median home price in Waxahachie, TX is $344,000, with a year-over-year change of -2.2%. This indicates that home prices in Waxahachie, TX are decreasing. According to Zillow, the 1-year price projection is -0.1%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $344,000 | -2.2% |
| Single Family | $344,000 | -2.3% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $207,000 | -4.6% |
3 Bed | $319,000 | -2.4% |
4 Bed | $411,000 | -2.1% |
| 5 Bed | $511,827 | -1.3% |
% of Housing Stock
Rental Trends — Waxahachie, TX
As of July '25, Rentcast reports the average rent in Waxahachie, TX is $2,050, with a year-over-year rent change of 2.5%. Per bedroom, the median rent as of July '25 in Waxahachie, TX is studios: $2,340, 1-bedrooms: $1,280, 2-bedrooms: $1,540, 3-bedrooms: $2,200, 4-bedrooms: $2,670. The most common rental property sizes in Waxahachie, TX are 2-bedroom and 3-bedroom, accounting for 40.0% and 29.4% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,980 | $2,050 |
| Studio Rent | $2,340 | $2,340 |
| 1 Bed Rent | $1,270 | $1,280 |
| 2 Bed Rent | $1,600 | $1,540 |
| 3 Bed Rent | $2,100 | $2,200 |
| 4 Bed Rent | $2,600 | $2,670 |
% of Rental Stock
Property Listings — Waxahachie, TX
As of Nov '25, Realtor.com reports that the median days on market for a home in Waxahachie, TX is 76. This is a decrease of -1.0% from last year, suggesting that homes are sitting on the market about the same amount of time than last year. The percentage of listed homes with a reduced price is 26.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $435,000 | 0.0% |
Listing Count | 342 | 6.0% |
| Listings as % of Homes | 1.4% | 6.0% |
Days on Market | 76 | -1.0% |
Demographics — Waxahachie, TX
As of the latest ACS Survey released in 2023, Waxahachie, TX has a population of 51,200, which has increased by 17.7% over the past 5 years. Waxahachie, TX is a popular place for families, as children make up 26.1% of the population. The area has a moderately educated workforce, with 27.7% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 8.7% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 51,200 | 17.7% |
% Under 18 | 26.1% | 1.2% |
% Seniors | 14.6% | 6.6% |
% WFH | 8.7% | 85.1% |
% w/ College Degree | 27.7% | 21.5% |
As of the latest ACS Survey released in 2023, Waxahachie, TX is a predominantly white area, with 55.9% of the population identifying as white. The white population has shrunk by 9.7% in the last 5 years. The second most common race or ethnicity in Waxahachie, TX is hispanic, making up 25.5% of the population. Foreign-born residents account for 6.6% of the population in Waxahachie, TX, and this percentage has decreased by 2.9% 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 | 55.9% | -9.7% |
% Black | 13.5% | 18.4% |
% Hispanic | 25.5% | 2.0% |
% Asian | 0.5% | -44.4% |
% Foreign Born | 6.6% | -2.9% |
Mortgage and Risk — Waxahachie, TX
According to HUD data as of 2023, there were 1222 mortgage originations in Waxahachie, TX, of which 67.0% of loans were conventional mortgages. The average loan-to-value was 75.0%, with 43.0% above 90% LTV (very high). This implies large mortgage risk in Waxahachie, TX. Investor activity is low, as 3.0% of loans were by investors. 9.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 1,222 |
% Conventional Loans | 67.0% |
% Government Loans | 33.0% |
% Investor Loans | 3.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 9.0% |
Rentals and Section 8 — Waxahachie, TX
As of 2024, the percent of homes in Waxahachie, TX under the Section 8 program is 3.9%. 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. 1-bedroom units appear to be good home sizes to consider for Section 8 housing in Waxahachie, TX, because HUD payments exceed market rent, while 2-bedroom and 3-bedroom and 4-bedroom units do not.
Section 8 Market Size
Total Units under HUD | 329 |
Total Units Section 8 | 225 |
% Rentals under Section 8 | 3.9% |
% Occupied Section 8 | 71.6% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $60 | $1,270 | $1,330 |
| 2 Bedroom | -$40 | $1,600 | $1,560 |
| 3 Bedroom | -$150 | $2,100 | $1,950 |
| 4 Bedroom | -$90 | $2,600 | $2,510 |
Affordability — Waxahachie, TX
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 4.2 |
| Median Home Price | $344,000 |
| Median Household Income | $84,800 |