Damon, TX—77430
Real Estate Data & Market Trends
Key Metrics at a Glance
Other Zip Codes in Damon, TX
Home Price Trends — Damon, TX
As of Nov '25, the median home price in Damon, TX is $353,000, with a year-over-year change of -2.0%. This indicates that home prices in Damon, TX are decreasing. According to Zillow, the 1-year price projection is 0.7%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $353,000 | -2.0% |
| Single Family | $352,000 | -2.5% |
| 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 | $444,000 | 0.5% |
4 Bed | $585,000 | 0.7% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Damon, TX
As of July '25, Rentcast reports the average rent in Damon, TX is $1,450, with a year-over-year rent change of -35.8%. Per bedroom, the median rent as of July '25 in Damon, TX is 1-bedrooms: $750, 3-bedrooms: $1,800. The most common rental property sizes in Damon, TX are 2-bedroom and 3-bedroom, accounting for 71.0% and 29.0% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,400 | $1,450 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $750 | $750 |
| 2 Bed Rent | N/A | N/A |
| 3 Bed Rent | $1,400 | $1,800 |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Damon, TX
As of Nov '25, Realtor.com reports that the median days on market for a home in Damon, TX is 76. This is a increase of 82.0% 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 31.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $430,000 | -23.0% |
Listing Count | 13 | 45.0% |
| Listings as % of Homes | 1.1% | 45.0% |
Days on Market | 76 | 82.0% |
Demographics — Damon, TX
As of the latest ACS Survey released in 2023, Damon, TX has a population of 1,920, which has decreased by -8.9% over the past 5 years. Damon, TX is a moderately popular place for families, as children make up 23.5% of the population. The area has a moderately educated workforce, with 36.4% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 19.3% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 1,920 | -8.9% |
% Under 18 | 23.5% | -3.3% |
% Seniors | 20.3% | 31.8% |
% WFH | 19.3% | 503.1% |
% w/ College Degree | 36.4% | 10.0% |
As of the latest ACS Survey released in 2023, Damon, TX is a predominantly white area, with 84.6% of the population identifying as white. The white population has grown by 0.7% in the last 5 years. The second most common race or ethnicity in Damon, TX is hispanic, making up 15.3% of the population. Foreign-born residents account for 4.3% of the population in Damon, TX, and this percentage has increased by 22.9% 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 | 84.6% | 0.7% |
% Black | 0.1% | ∞% |
% Hispanic | 15.3% | 11.7% |
% Asian | 0.0% | N/A |
% Foreign Born | 4.3% | 22.9% |
Mortgage and Risk — Damon, TX
Damon, TX lacks sufficient mortgage origination data for analysis.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | N/A |
% Conventional Loans | N/A |
% Government Loans | N/A |
% Investor Loans | N/A |
% Second Loans | N/A |
% Cash Out Refinance | N/A |
Rentals and Section 8 — Damon, TX
Damon, 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 | $350 | $750 | $1,100 |
| 2 Bedroom | N/A | N/A | $1,250 |
| 3 Bedroom | $270 | $1,400 | $1,670 |
| 4 Bedroom | N/A | N/A | $2,090 |
Affordability — Damon, TX
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.7 |
| Median Home Price | $353,000 |
| Median Household Income | $94,600 |