Tyler, TX—75703
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 $350,000, with a year-over-year change of 1.3%. This indicates that home prices in Tyler, TX are increasing. According to Zillow, the 1-year price projection is 1.2%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $350,000 | 1.3% |
| Single Family | $358,000 | 1.7% |
| Condos | $242,000 | 1.7% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $222,000 | 1.8% |
3 Bed | $305,000 | 0.0% |
4 Bed | $471,000 | 2.8% |
| 5 Bed | $800,000 | 3.9% |
% of Housing Stock
Rental Trends — Tyler, TX
As of July '25, Rentcast reports the average rent in Tyler, TX is $1,820, with a year-over-year rent change of -6.2%. Per bedroom, the median rent as of July '25 in Tyler, TX is 1-bedrooms: $1,240, 2-bedrooms: $1,490, 3-bedrooms: $1,990, 4-bedrooms: $2,740. The most common rental property sizes in Tyler, TX are 2-bedroom and 1-bedroom, accounting for 39.9% and 27.7% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,650 | $1,820 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $1,250 | $1,240 |
| 2 Bed Rent | $1,480 | $1,490 |
| 3 Bed Rent | $1,800 | $1,990 |
| 4 Bed Rent | $2,600 | $2,740 |
% 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 78. This is a increase of 9.0% 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 27.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $425,000 | -4.0% |
Listing Count | 302 | 20.0% |
| Listings as % of Homes | 1.0% | 20.0% |
Days on Market | 78 | 9.0% |
Demographics — Tyler, TX
As of the latest ACS Survey released in 2023, Tyler, TX has a population of 44,900, which has increased by 7.3% over the past 5 years. Tyler, TX is a moderately popular place for families, as children make up 22.9% of the population. The area has a moderately educated workforce, with 42.9% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 11.3% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 44,900 | 7.3% |
% Under 18 | 22.9% | 0.0% |
% Seniors | 19.3% | 7.8% |
% WFH | 11.3% | 242.4% |
% w/ College Degree | 42.9% | 12.3% |
As of the latest ACS Survey released in 2023, Tyler, TX is a predominantly white area, with 66.3% of the population identifying as white. The white population has shrunk by 3.4% in the last 5 years. The second most common race or ethnicity in Tyler, TX is black, making up 16.6% of the population. Foreign-born residents account for 7.0% of the population in Tyler, TX, and this percentage has decreased by 2.8% 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 | 66.3% | -3.4% |
% Black | 16.6% | 11.4% |
% Hispanic | 9.6% | 3.2% |
% Asian | 4.1% | -4.7% |
% Foreign Born | 7.0% | -2.8% |
Mortgage and Risk — Tyler, TX
According to HUD data as of 2023, there were 572 mortgage originations in Tyler, TX, of which 84.0% of loans were conventional mortgages. The average loan-to-value was 72.0%, with 29.0% above 90% LTV (very high). This implies large mortgage risk in Tyler, TX. Investor activity is low, as 4.0% of loans were by investors. 7.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 572 |
% Conventional Loans | 84.0% |
% Government Loans | 16.0% |
% Investor Loans | 4.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 7.0% |
Loan Activity
Rentals and Section 8 — Tyler, TX
As of 2024, the percent of homes in Tyler, TX under the Section 8 program is 1.4%. 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. 3-bedroom units appear to be good home sizes to consider for Section 8 housing in Tyler, TX, because HUD payments exceed market rent, while 1-bedroom and 2-bedroom and 4-bedroom units do not.
Section 8 Market Size
Total Units under HUD | 97 |
Total Units Section 8 | 97 |
% Rentals under Section 8 | 1.4% |
% Occupied Section 8 | 100.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | -$90 | $1,250 | $1,160 |
| 2 Bedroom | -$50 | $1,480 | $1,430 |
| 3 Bedroom | $110 | $1,800 | $1,910 |
| 4 Bedroom | -$440 | $2,600 | $2,160 |
Affordability — Tyler, TX
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 4.4 |
| Median Home Price | $350,000 |
| Median Household Income | $76,300 |