New Boston, TX—75570
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — New Boston, TX
As of Oct '25, the median home price in New Boston, TX is $168,000, with a year-over-year change of -8.2%. This indicates that home prices in New Boston, TX are decreasing. According to Zillow, the 1-year price projection is -2.5%, suggesting a decrease housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $168,000 | -8.3% |
| Single Family | $168,000 | -8.7% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | 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 — New Boston, TX
As of July '25, Rentcast reports the average rent in New Boston, TX is $915, with a year-over-year rent change of -15.3%. Per bedroom, the median rent as of July '25 in New Boston, TX is 1-bedrooms: $700, 2-bedrooms: $775, 3-bedrooms: $1,030. The most common rental property sizes in New Boston, TX are 2-bedroom and 3-bedroom, accounting for 35.1% and 35.1% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $850 | $915 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $700 | $700 |
| 2 Bed Rent | $775 | $775 |
| 3 Bed Rent | $1,100 | $1,030 |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — New Boston, TX
As of Oct '25, Realtor.com reports that the median days on market for a home in New Boston, TX is 122. This is a increase of 4.0% 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 30.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $224,000 | 18.0% |
Listing Count | 47 | 23.0% |
| Listings as % of Homes | 0.9% | 23.0% |
Days on Market | 122 | 4.0% |
Demographics — New Boston, TX
As of the latest ACS Survey released in 2023, New Boston, TX has a population of 11,000, which has remained stable by 0.2% over the past 5 years. New Boston, TX is a moderately popular place for families, as children make up 19.0% of the population. The area has a poorly educated workforce, with 16.3% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 9.1% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 11,000 | 0.2% |
% Under 18 | 19.0% | 36.7% |
% Seniors | 14.1% | 6.8% |
% WFH | 9.1% | 78.4% |
% w/ College Degree | 16.3% | 21.6% |
As of the latest ACS Survey released in 2023, New Boston, TX is a predominantly white area, with 69.6% of the population identifying as white. The white population has grown by 16.2% in the last 5 years. The second most common race or ethnicity in New Boston, TX is black, making up 14.8% of the population. Foreign-born residents account for 2.8% of the population in New Boston, TX, and this percentage has decreased by 49.1% 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 | 69.6% | 16.2% |
% Black | 14.8% | -29.2% |
% Hispanic | 10.7% | -24.1% |
% Asian | 0.1% | -90.0% |
% Foreign Born | 2.8% | -49.1% |
Mortgage and Risk — New Boston, TX
According to HUD data as of 2023, there were 99 mortgage originations in New Boston, TX, of which 61.0% of loans were conventional mortgages. The average loan-to-value was 82.0%, with 56.0% above 90% LTV (very high). This implies large mortgage risk in New Boston, TX. Investor activity is low, as 2.0% of loans were by investors. 3.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 99 |
% Conventional Loans | 61.0% |
% Government Loans | 39.0% |
% Investor Loans | 2.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 3.0% |
Loan Activity
Rentals and Section 8 — New Boston, TX
New Boston, TX lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 302 |
Total Units Section 8 | 302 |
% Rentals under Section 8 | 34.2% |
% Occupied Section 8 | 81.1% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $40 | $700 | $740 |
| 2 Bedroom | $155 | $775 | $930 |
| 3 Bedroom | $60 | $1,100 | $1,160 |
| 4 Bedroom | N/A | N/A | $1,460 |
Affordability — New Boston, TX
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 2.9 |
| Median Home Price | $168,000 |
| Median Household Income | $66,000 |