Miles, TX 76861 - Home Prices, Rental Trends, Listings & Demographics | Prop:Metrics

Miles, TX—76861

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value

$266,000

3.3% YoY Growth

Household Income

$86,100

47.6% YoY Growth

Days on Market

10.0% Shorter YoY

Home Price Forecast

N/A

Median Rent

N/A

1-Bed Rent

N/A

2-Bed Rent

N/A

3-Bed Rent

N/A

Home Price Trends — Miles, TX

Miles, TX lacks sufficient home price data for analysis.

Cost per Home Type

Home Type	Median Home Value	YoY % Change
All Homes	$266,000	3.3%
Single Family	$266,000	4.7%
Condos	N/A	N/A

Cost per Home Size

Home Size	Median Home Value	YoY % Change
1 Bed	N/A	N/A

Rental Trends — Miles, TX

Miles, 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

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% of Rental Stock

1 Bedroom

11.3%

2 Bedrooms

58.3%

3 Bedrooms

28.6%

4 Bedrooms

1.8%

Property Listings — Miles, TX

As of Nov '25, Realtor.com reports that the median days on market for a home in Miles, TX is 39. This is a decrease of -10.0% 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 0.0%, representing a small inventory and little supply pressure on home prices.

Metric	Zip Code Average	Year over Year % Change
Median Listing Price	$410,000	17.0%
Listing Count	3	-64.0%
Listings as % of Homes	0.5%	-64.0%
Days on Market	39	-10.0%

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Demographics — Miles, TX

As of the latest ACS Survey released in 2023, Miles, TX has a population of 2,140, which has increased by 11.3% over the past 5 years. Miles, TX is a popular place for families, as children make up 27.4% of the population. The area has a poorly educated workforce, with 20.9% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 3.6% reporting working from home.

Metric	Latest Census	YoY % Change
Population	2,140	11.3%
% Under 18	27.4%	-3.9%
% Seniors	15.4%	5.5%
% WFH	3.6%	5.9%
% w/ College Degree	20.9%	-0.9%

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As of the latest ACS Survey released in 2023, Miles, TX is a predominantly white area, with 57.6% of the population identifying as white. The white population has shrunk by 15.4% in the last 5 years. The second most common race or ethnicity in Miles, TX is hispanic, making up 40.8% of the population. Foreign-born residents account for 8.8% of the population in Miles, TX, and this percentage has decreased by 21.4% 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	57.6%	-15.4%
% Black	0.5%	150.0%
% Hispanic	40.8%	29.9%
% Asian	0.0%	N/A
% Foreign Born	8.8%	-21.4%

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Mortgage and Risk — Miles, TX

According to HUD data as of 2023, there were 17 mortgage originations in Miles, TX, of which 88.0% of loans were conventional mortgages. The average loan-to-value was 81.0%, with 24.0% above 90% LTV (very high). This implies large mortgage risk in Miles, TX. Investor activity is low, as 12.0% 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	17
% Conventional Loans	88.0%
% Government Loans	12.0%
% Investor Loans	12.0%
% Second Loans	0.0%
% Cash Out Refinance	0.0%

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Rentals and Section 8 — Miles, TX

Miles, 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	$870
2 Bedroom	N/A	N/A	$1,070
3 Bedroom	N/A	N/A	$1,380
4 Bedroom	N/A	N/A	$1,730

Miles, TX—76861

Key Metrics at a Glance

Home Price Trends — Miles, TX

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Miles, TX

% of Rental Stock

Property Listings — Miles, TX

Demographics — Miles, TX

Race and Ethnicity

Mortgage and Risk — Miles, TX

Mortgages

Rentals and Section 8 — Miles, TX

Section 8 Market Size

Section 8 Opportunity

Affordability — Miles, TX

Home Price to Income Ratio

Miles, TX — ZIP Code Boundary Map

Nearby ZIP Codes

San Angelo, TX

Eola, TX

Wall, TX

San Angelo

San Angelo, TX

Frequently Asked Questions

Metric	Zip Code Average
Home Price to Income Ratio	3
Median Home Price	$266,000
Median Household Income	$86,100

Miles, TX—76861

Key Metrics at a Glance

Home Price Trends — Miles, TX

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Miles, TX

% of Rental Stock

Property Listings — Miles, TX

Demographics — Miles, TX

Race and Ethnicity

Mortgage and Risk — Miles, TX

Mortgages

Rentals and Section 8 — Miles, TX

Section 8 Market Size

Section 8 Opportunity

Affordability — Miles, TX

Home Price to Income Ratio

Miles, TX — ZIP Code Boundary Map

Nearby ZIP Codes

San Angelo, TX

Eola, TX

Wall, TX

San Angelo

San Angelo, TX

Frequently Asked Questions

What is the average home price in Miles, TX 76861?

How have home prices in Miles, TX 76861 changed over the past year?

What is the home price projection for Miles, TX 76861?

What are the demographics of Miles, TX 76861?

How long does it take homes to sell in Miles, TX 76861?

What is the average rent price in Miles, TX 76861?