Forestburg, TX—76239
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Forestburg, TX
Forestburg, TX lacks sufficient home price data for analysis.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $463,000 | -2.0% |
| Single Family | $463,000 | -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 | 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 — Forestburg, TX
Forestburg, TX lacks sufficient rental market data for analysis.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | N/A | N/A |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | N/A | N/A |
| 3 Bed Rent | N/A | N/A |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Forestburg, TX
As of Oct '25, Realtor.com reports that the median days on market for a home in Forestburg, TX is 67. This is a increase of 49.0% 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 0.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $960,000 | -48.0% |
Listing Count | 5 | 75.0% |
| Listings as % of Homes | 0.7% | 75.0% |
Days on Market | 67 | 49.0% |
Demographics — Forestburg, TX
As of the latest ACS Survey released in 2023, Forestburg, TX has a population of 1,200, which has decreased by -1.1% over the past 5 years. Forestburg, TX is a moderately popular place for families, as children make up 21.0% of the population. The area has a poorly educated workforce, with 22.7% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 4.1% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 1,200 | -1.1% |
% Under 18 | 21.0% | 3.4% |
% Seniors | 22.2% | -16.2% |
% WFH | 4.1% | -51.8% |
% w/ College Degree | 22.7% | -5.4% |
As of the latest ACS Survey released in 2023, Forestburg, TX is a predominantly white area, with 91.1% of the population identifying as white. The white population has shrunk by 2.4% in the last 5 years. The second most common race or ethnicity in Forestburg, TX is hispanic, making up 7.2% of the population. Foreign-born residents account for 1.2% of the population in Forestburg, TX, and this percentage has increased by 71.4% 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 | 91.1% | -2.4% |
% Black | 0.6% | ∞% |
% Hispanic | 7.2% | 105.7% |
% Asian | 0.0% | -100.0% |
% Foreign Born | 1.2% | 71.4% |
Mortgage and Risk — Forestburg, TX
According to HUD data as of 2023, there were 35 mortgage originations in Forestburg, TX, of which 69.0% 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 Forestburg, TX. Investor activity is low, as 0.0% of loans were by investors. 0.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 35 |
% Conventional Loans | 69.0% |
% Government Loans | 31.0% |
% Investor Loans | 0.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 0.0% |
Loan Activity
Rentals and Section 8 — Forestburg, TX
Forestburg, TX lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | N/A |
Total Units Section 8 | N/A |
% Rentals under Section 8 | N/A |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $820 |
| 2 Bedroom | N/A | N/A | $1,080 |
| 3 Bedroom | N/A | N/A | $1,400 |
| 4 Bedroom | N/A | N/A | $1,690 |
Affordability — Forestburg, TX
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 6.6 |
| Median Home Price | $463,000 |
| Median Household Income | $65,000 |