Orange Grove, TX78372

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$197,000
3.1% YoY Growth
Median Household Income
$56,000
41.8% 5-Year Growth
Days on Market
112
1.0% Longer than last year
Home Price Forecast
-4.2%
Median Rent
$1,450
17.3% YoY Growth
1-Bed Rent
$629
N/A
2-Bed Rent
$1,000
13.6% YoY Growth
3-Bed Rent
$1,850
N/A

Property Listings — Orange Grove, TX

As of Aug '25 and according to Realtor.com, the median days on market for a home in Orange Grove, TX is 112. This is an increase of 1.0% from last year. This indicates that homes are sitting on the market about the same amount of time than last year. The percentage of listed homes with a reduced price is 35.0%. This is a large percentage of inventory, suggesting a lot of supply pressure on home prices.

MetricZip Code AverageYear over Year % Change
Median Listing Price
$240,0006.0%
Listing Count
26N/A
Listings as % of Homes0.4%N/A
Days on Market
1121.0%
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Demographics — Orange Grove, TX

MetricLatest CensusYoY % Change
Population
5,070-17.9%
% Under 18
26.9%-33.3%
% Under 5N/AN/A
% Seniors
18.4%102.2%
% WFH
3.6%-52.6%
% w/ College Degree
12.6%100.0%
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Race and Ethnicity

MetricLatest Census5-Year % Change
% White
41.5%14.0%
% Black
0.0%-100.0%
% Hispanic
55.6%-11.2%
% Asian
0.1%∞%
% Foreign Born
6.7%157.7%
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Mortgage and Risk — Orange Grove, 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 Orange Grove, TX in that year was 79. 75.0% 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 84.0%. Of those, 48.0% were >90% loan to value. This is considered very high, suggesting that mortgage risk is large in Orange Grove, TX. Investor activity in Orange Grove, TX is low, as 3.0% of all loans are originated by investors. In 2023, 6.0% of all loans were cash-out refinances, suggesting few homeowners are actively tapping their home's equity.

Mortgages

MetricZip Code AverageMetro AverageState Average
Total Loan Originations
79N/AN/A
% Conventional Loans
75.0%N/AN/A
% Government Loans
25.0%N/AN/A
% Investor Loans
3.0%N/AN/A
% Second Loans
4.0%N/AN/A
% Cash Out Refinance
6.0%N/AN/A
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Rentals and Section 8 — Orange Grove, TX

As of 2024, the percent of homes in Orange Grove, TX under the Section 8 program is NA. This is considered unknown, suggesting that the neighborhood is unknown 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
25
Total Units Section 8
25
% Rentals under Section 8
N/A
% Occupied Section 8
92.0%

Section 8 Opportunity

Home SizeHUD PremiumMarket RentMax HUD Rent
1 Bedroom$141$629$770
2 Bedroom-$70$1,000$930
3 Bedroom-$540$1,850$1,310
4 BedroomN/AN/A$1,580

Affordability — Orange Grove, TX

Home Price to Income Ratio

MetricZip Code AverageMetro AverageState Average
Home Price to Income Ratio3.6N/AN/A
Median Home Price$197,000N/AN/A
Median Household Income$56,000N/AN/A

Orange Grove, TX — ZIP Code Boundary Map

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