Tyler, TX—75702
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Tyler, TX
As of Oct '25, the median home price in Tyler, TX is $128,000, with a year-over-year change of -7.6%. This indicates that home prices in Tyler, TX are decreasing. According to Zillow, the 1-year price projection is -1.0%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $128,000 | -7.6% |
| Single Family | $128,000 | -8.6% |
| 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 | $178,000 | -1.7% |
4 Bed | N/A | N/A |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Tyler, TX
As of July '25, Rentcast reports the average rent in Tyler, TX is $1,350, with a year-over-year rent change of -1.5%. Per bedroom, the median rent as of July '25 in Tyler, TX is studios: $988, 1-bedrooms: $988, 2-bedrooms: $1,230, 3-bedrooms: $1,650, 4-bedrooms: $1,600. The most common rental property sizes in Tyler, TX are 2-bedroom and 3-bedroom, accounting for 42.0% and 29.3% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,450 | $1,350 |
| Studio Rent | $950 | $988 |
| 1 Bed Rent | $895 | $988 |
| 2 Bed Rent | $1,400 | $1,230 |
| 3 Bed Rent | $1,600 | $1,650 |
| 4 Bed Rent | $1,600 | $1,600 |
% of Rental Stock
Property Listings — Tyler, TX
As of Oct '25, Realtor.com reports that the median days on market for a home in Tyler, TX is 84. This is a increase of 26.0% 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 23.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $217,000 | 6.0% |
Listing Count | 70 | 4.0% |
| Listings as % of Homes | 0.5% | 4.0% |
Days on Market | 84 | 26.0% |
Demographics — Tyler, TX
As of the latest ACS Survey released in 2023, Tyler, TX has a population of 28,100, which has increased by 1.2% over the past 5 years. Tyler, TX is a popular place for families, as children make up 29.0% of the population. The area has a poorly educated workforce, with 8.3% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 2.6% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 28,100 | 1.2% |
% Under 18 | 29.0% | -1.4% |
% Seniors | 10.4% | 15.6% |
% WFH | 2.6% | -10.3% |
% w/ College Degree | 8.3% | 5.1% |
As of the latest ACS Survey released in 2023, Tyler, TX is a predominantly hispanic area, with 49.4% of the population identifying as hispanic. The hispanic population has grown by 7.4% in the last 5 years. The second most common race or ethnicity in Tyler, TX is black, making up 36.8% of the population. Foreign-born residents account for 20.3% of the population in Tyler, TX, and this percentage has increased by 14.0% 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 | 11.7% | -2.5% |
% Black | 36.8% | -9.8% |
% Hispanic | 49.4% | 7.4% |
% Asian | 0.1% | -66.7% |
% Foreign Born | 20.3% | 14.0% |
Mortgage and Risk — Tyler, TX
According to HUD data as of 2023, there were 142 mortgage originations in Tyler, TX, of which 71.0% of loans were conventional mortgages. The average loan-to-value was 82.0%, with 55.0% above 90% LTV (very high). This implies large mortgage risk in Tyler, TX. Investor activity is low, as 11.0% 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 | 142 |
% Conventional Loans | 71.0% |
% Government Loans | 29.0% |
% Investor Loans | 11.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 9.0% |
Loan Activity
Rentals and Section 8 — Tyler, TX
As of 2024, the percent of homes in Tyler, TX under the Section 8 program is 20.2%. This is considered high, suggesting that the neighborhood is heavily composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. 1-bedroom and 4-bedroom units appear to be good home sizes to consider for Section 8 housing in Tyler, TX, because HUD payments exceed market rent, while 2-bedroom and 3-bedroom units do not.
Section 8 Market Size
Total Units under HUD | 768 |
Total Units Section 8 | 718 |
% Rentals under Section 8 | 20.2% |
% Occupied Section 8 | 96.3% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $15 | $895 | $910 |
| 2 Bedroom | -$280 | $1,400 | $1,120 |
| 3 Bedroom | -$140 | $1,600 | $1,460 |
| 4 Bedroom | $130 | $1,600 | $1,730 |
Affordability — Tyler, TX
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 2.6 |
| Median Home Price | $128,000 |
| Median Household Income | $51,200 |