Devine, TX 78016 - Home Prices, Rental Trends, Listings & Demographics | Prop:Metrics

Devine, TX—78016

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value

$243,000

2.2% YoY Growth

Household Income

$57,600

9.9% YoY Growth

Days on Market

27.0% Shorter YoY

Home Price Forecast

-0.3%

Median Rent

$1,200

2.8% YoY Growth

1-Bed Rent

$428

60.4% YoY Growth

2-Bed Rent

$1,200

9.0% YoY Growth

3-Bed Rent

$1,200

21.7% YoY Growth

Home Price Trends — Devine, TX

As of Dec '25, the median home price in Devine, TX is $243,000, with a year-over-year change of -2.2%. This indicates that home prices in Devine, TX are decreasing. According to Zillow, the 1-year price projection is -0.3%, suggesting a relatively flat housing market in the next year.

Cost per Home Type

Home Type	Median Home Value	YoY % Change
All Homes	$243,000	-2.2%
Single Family	$243,000	-2.4%
Condos	N/A	N/A

Cost per Home Size

Home Size	Median Home Value	YoY % Change
1 Bed

Rental Trends — Devine, TX

As of July '25, Rentcast reports the average rent in Devine, TX is $1,390, with a year-over-year rent change of -2.8%. Per bedroom, the median rent as of July '25 in Devine, TX is 1-bedrooms: $428, 2-bedrooms: $1,220, 3-bedrooms: $1,850, 4-bedrooms: $1,800. The most common rental property sizes in Devine, TX are 1-bedroom and 2-bedroom, accounting for 37.6% and 29.6% of the rental stock.

Type	Median Rent	Average Rent
Average Rent	$1,200	$1,390
Studio Rent	N/A	N/A
1 Bed Rent	$428	$428
2 Bed Rent	$1,200	$1,220
3 Bed Rent	$1,200	$1,850
4 Bed Rent	$1,800	$1,800

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% of Rental Stock

Studio

5.8%

1 Bedroom

37.6%

2 Bedrooms

29.6%

3 Bedrooms

19.0%

4 Bedrooms

8.1%

Property Listings — Devine, TX

As of Dec '25, Realtor.com reports that the median days on market for a home in Devine, TX is 70. This is a decrease of -2.0% 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 22.0%, representing a small inventory and little supply pressure on home prices.

Metric	Zip Code Average	Year over Year % Change
Median Listing Price	$350,000	4.0%
Listing Count	70	25.0%
Listings as % of Homes	0.7%	25.0%
Days on Market	76	-27.0%

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Demographics — Devine, TX

As of the latest ACS Survey released in 2023, Devine, TX has a population of 11,300, which has increased by 12.7% over the past 5 years. Devine, TX is a moderately popular place for families, as children make up 23.2% of the population. The area has a poorly educated workforce, with 21.4% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 15.9% reporting working from home.

Metric	Latest Census	YoY % Change
Population	11,300	12.7%
% Under 18	23.2%	-6.8%
% Seniors	18.9%	13.2%
% WFH	15.9%	238.3%
% w/ College Degree	21.4%	43.6%

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As of the latest ACS Survey released in 2023, Devine, TX is a predominantly hispanic area, with 53.5% of the population identifying as hispanic. The hispanic population has grown by 7.6% in the last 5 years. The second most common race or ethnicity in Devine, TX is white, making up 43.5% of the population. Foreign-born residents account for 3.5% of the population in Devine, TX, and this percentage has decreased by 5.4% 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	43.5%	-11.9%
% Black	2.2%	2,100.0%
% Hispanic	53.5%	7.6%
% Asian	0.0%	-100.0%
% Foreign Born	3.5%	-5.4%

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Mortgage and Risk — Devine, TX

According to HUD data as of 2023, there were 192 mortgage originations in Devine, TX, of which 72.0% of loans were conventional mortgages. The average loan-to-value was 80.0%, with 53.0% above 90% LTV (very high). This implies large mortgage risk in Devine, TX. Investor activity is low, as 2.0% of loans were by investors. 12.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.

Mortgages

Metric	Zip Code Average
Total Loan Originations	192
% Conventional Loans	72.0%
% Government Loans	28.0%
% Investor Loans	2.0%
% Second Loans	4.0%
% Cash Out Refinance	12.0%

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Rentals and Section 8 — Devine, TX

As of 2024, the percent of homes in Devine, TX under the Section 8 program is 5.5%. 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. 1-bedroom and 3-bedroom units appear to be good home sizes to consider for Section 8 housing in Devine, TX, because HUD payments exceed market rent, while 2-bedroom and 4-bedroom units do not.

Section 8 Market Size

Total Units under HUD	117
Total Units Section 8	47
% Rentals under Section 8	5.5%
% Occupied Section 8	79.0%

Section 8 Opportunity

Home Size	HUD Premium	Market Rent	Max HUD Rent
1 Bedroom	$422	$428	$850
2 Bedroom	-$170	$1,200	$1,030
3 Bedroom	$170	$1,200	$1,370
4 Bedroom	-$190	$1,800	$1,610

Devine, TX—78016

Key Metrics at a Glance

Home Price Trends — Devine, TX

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Devine, TX

% of Rental Stock

Property Listings — Devine, TX

Demographics — Devine, TX

Race and Ethnicity

Mortgage and Risk — Devine, TX

Mortgages

Rentals and Section 8 — Devine, TX

Section 8 Market Size

Section 8 Opportunity

Affordability — Devine, TX

Home Price to Income Ratio

Devine, TX — ZIP Code Boundary Map

Nearby ZIP Codes

Natalia, TX

Moore, TX

Natalia, TX

Lytle, TX

Castroville, TX

Frequently Asked Questions

Metric	Zip Code Average
Home Price to Income Ratio	4.5
Median Home Price	$243,000
Median Household Income	$57,600

Devine, TX—78016

Key Metrics at a Glance

Home Price Trends — Devine, TX

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Devine, TX

% of Rental Stock

Property Listings — Devine, TX

Demographics — Devine, TX

Race and Ethnicity

Mortgage and Risk — Devine, TX

Mortgages

Rentals and Section 8 — Devine, TX

Section 8 Market Size

Section 8 Opportunity

Affordability — Devine, TX

Home Price to Income Ratio

Devine, TX — ZIP Code Boundary Map

Nearby ZIP Codes

Natalia, TX

Moore, TX

Natalia, TX

Lytle, TX

Castroville, TX

Frequently Asked Questions

What is the average home price in Devine, TX 78016?

How have home prices in Devine, TX 78016 changed over the past year?

What is the home price projection for Devine, TX 78016?

What are the demographics of Devine, TX 78016?

How long does it take homes to sell in Devine, TX 78016?

What is the average rent price in Devine, TX 78016?