Three Oaks, TX—78113
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Three Oaks, TX
As of Aug '25, the median home price in Three Oaks, TX is $399,000, with a year-over-year change of 1.4%. This indicates that home prices in Three Oaks, TX are increasing. According to Zillow, the 1-year price projection is NA, suggesting an uncertain housing market in the next year.
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 |
Rental Trends — Three Oaks, TX
As of Jul '25, the average rent in Three Oaks, TX is $1,750, with a year-over-year rent change of 40.0%. 3-bedroom units average $1,500 (NA); 4-bedroom units average $2,000 (NA)
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,500 | $1,750 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | N/A | N/A |
| 3 Bed Rent | $1,500 | $1,500 |
| 4 Bed Rent | $2,000 | $2,000 |
Property Listings — Three Oaks, TX
As of Aug '25 and according to Realtor.com, the median days on market for a home in Three Oaks, TX is 67. This is an increase of 2.0% from last year. This indicates that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 0.0%. This is a small percentage of inventory, suggesting little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $339,000 | -57.0% |
Listing Count | 9 | N/A |
| Listings as % of Homes | 0.2% | N/A |
Days on Market | 67 | 2.0% |
Demographics — Three Oaks, TX
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 3,260 | 7.6% |
% Under 18 | 30.0% | 12.8% |
| % Under 5 | N/A | N/A |
% Seniors | 19.1% | 20.9% |
% WFH | 3.4% | -52.8% |
% w/ College Degree | 23.1% | -4.1% |
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 72.2% | -11.7% |
% Black | 0.0% | N/A |
% Hispanic | 25.7% | 41.2% |
% Asian | 0.0% | N/A |
% Foreign Born | 4.0% | -13.0% |
Mortgage and Risk — Three Oaks, TX
According to the latest data from the U.S. Department of Housing and Urban Development (HUD) as of 2023, the number of mortgages originated in Three Oaks, TX in that year was 24. 79.0% of all primary home loans were conventional, the remainder were government-backed loans, such as FHA loans. The average loan-to-value for all loans was 64.0%. Of those, 21.0% were >90% loan to value. This is considered very high, suggesting that mortgage risk is large in Three Oaks, TX. Investor activity in Three Oaks, TX is low, as 4.0% of all loans are originated by investors. In 2023, 21.0% of all loans were cash-out refinances, suggesting many homeowners are actively tapping their home's equity.
Mortgages
| Metric | Zip Code Average | Metro Average | State Average |
|---|---|---|---|
Total Loan Originations | 24 | N/A | N/A |
% Conventional Loans | 79.0% | N/A | N/A |
% Government Loans | 21.0% | N/A | N/A |
% Investor Loans | 4.0% | N/A | N/A |
% Second Loans | 0.0% | N/A | N/A |
% Cash Out Refinance | 21.0% | N/A | N/A |
Rentals and Section 8 — Three Oaks, TX
As of 2024, the percent of homes in Three Oaks, TX under the Section 8 program is 0.0%. This is considered low, suggesting that the neighborhood is sparsely composed of Section 8 homes. Section 8 opportunity is good when HUD pays homeowners more than the average rental market rate for various home sizes. For each bedroom size, the average difference between HUD payments and market rents is shown in the table below.
Section 8 Market Size
Total Units under HUD | 8 |
Total Units Section 8 | 0 |
% Rentals under Section 8 | 0.0% |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $1,000 |
| 2 Bedroom | N/A | N/A | $1,260 |
| 3 Bedroom | $80 | $1,500 | $1,580 |
| 4 Bedroom | -$150 | $2,000 | $1,850 |
Affordability — Three Oaks, TX
Home Price to Income Ratio
| Metric | Zip Code Average | Metro Average | State Average |
|---|---|---|---|
| Home Price to Income Ratio | 4.4 | N/A | N/A |
| Median Home Price | $399,000 | N/A | N/A |
| Median Household Income | $90,200 | N/A | N/A |