Tyler, TX—75704
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 $245,000, with a year-over-year change of -0.5%. This indicates that home prices in Tyler, TX are flat. 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 | $245,000 | -0.5% |
| Single Family | $245,000 | -0.8% |
| 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 | $262,000 | 0.4% |
4 Bed | $336,000 | 1.2% |
| 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 $1,200, with a year-over-year rent change of 0.0%. Per bedroom, the median rent as of July '25 in Tyler, TX is studios: $725, 1-bedrooms: $737, 2-bedrooms: $1,110, 3-bedrooms: $1,490. The most common rental property sizes in Tyler, TX are 3-bedroom and 2-bedroom, accounting for 55.1% and 24.6% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,300 | $1,200 |
| Studio Rent | $725 | $725 |
| 1 Bed Rent | $725 | $737 |
| 2 Bed Rent | $995 | $1,110 |
| 3 Bed Rent | $1,500 | $1,490 |
| 4 Bed Rent | N/A | N/A |
% 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 61. This is a decrease of -20.0% from last year, suggesting that homes are sitting on the market shorter than last year. The percentage of listed homes with a reduced price is 18.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $382,000 | -1.0% |
Listing Count | 55 | 43.0% |
| Listings as % of Homes | 0.8% | 43.0% |
Days on Market | 61 | -20.0% |
Demographics — Tyler, TX
As of the latest ACS Survey released in 2023, Tyler, TX has a population of 9,280, which has decreased by -10.4% over the past 5 years. Tyler, TX is a moderately popular place for families, as children make up 20.7% of the population. The area has a poorly educated workforce, with 15.9% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 3.8% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 9,280 | -10.4% |
% Under 18 | 20.7% | -20.7% |
% Seniors | 16.5% | 17.9% |
% WFH | 3.8% | 46.2% |
% w/ College Degree | 15.9% | 31.4% |
As of the latest ACS Survey released in 2023, Tyler, TX is a predominantly white area, with 53.4% of the population identifying as white. The white population has grown by 23.6% in the last 5 years. The second most common race or ethnicity in Tyler, TX is black, making up 25.9% of the population. Foreign-born residents account for 11.2% of the population in Tyler, TX, and this percentage has decreased by 30.0% 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 | 53.4% | 23.6% |
% Black | 25.9% | 57.9% |
% Hispanic | 16.8% | -57.3% |
% Asian | 1.3% | 160.0% |
% Foreign Born | 11.2% | -30.0% |
Mortgage and Risk — Tyler, TX
According to HUD data as of 2023, there were 136 mortgage originations in Tyler, TX, of which 79.0% of loans were conventional mortgages. The average loan-to-value was 72.0%, with 36.0% above 90% LTV (very high). This implies large mortgage risk in Tyler, TX. Investor activity is low, as 5.0% of loans were by investors. 17.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 136 |
% Conventional Loans | 79.0% |
% Government Loans | 21.0% |
% Investor Loans | 5.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 17.0% |
Loan Activity
Rentals and Section 8 — Tyler, TX
Tyler, TX lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 41 |
Total Units Section 8 | 39 |
% Rentals under Section 8 | 5.5% |
% Occupied Section 8 | 100.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $265 | $725 | $990 |
| 2 Bedroom | $225 | $995 | $1,220 |
| 3 Bedroom | $130 | $1,500 | $1,630 |
| 4 Bedroom | N/A | N/A | $1,840 |
Affordability — Tyler, TX
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 4.5 |
| Median Home Price | $245,000 |
| Median Household Income | $52,900 |