Bay Area, Corpus Christi, TX—78417
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Bay Area, Corpus Christi, TX
As of Oct '25, the median home price in Bay Area, Corpus Christi, TX is $183,000, with a year-over-year change of -4.8%. This indicates that home prices in Bay Area, Corpus Christi, TX are decreasing. According to Zillow, the 1-year price projection is -1.9%, suggesting a decrease housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $183,000 | -4.8% |
| Single Family | $184,000 | -4.2% |
| 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 | $196,000 | -3.0% |
4 Bed | N/A | N/A |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Bay Area, Corpus Christi, TX
As of July '25, Rentcast reports the average rent in Bay Area, Corpus Christi, TX is $1,550, with a year-over-year rent change of -6.6%. Per bedroom, the median rent as of July '25 in Bay Area, Corpus Christi, TX is 2-bedrooms: $1,350, 3-bedrooms: $1,600. The most common rental property sizes in Bay Area, Corpus Christi, TX are 3-bedroom and 2-bedroom, accounting for 54.6% and 23.3% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,350 | $1,550 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | $1,350 | $1,350 |
| 3 Bed Rent | $1,230 | $1,600 |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Bay Area, Corpus Christi, TX
As of Oct '25, Realtor.com reports that the median days on market for a home in Bay Area, Corpus Christi, TX is 42. This is a increase of 94.0% 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 17.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $274,000 | -2.0% |
Listing Count | 24 | 74.0% |
| Listings as % of Homes | 1.2% | 74.0% |
Days on Market | 42 | 94.0% |
Demographics — Bay Area, Corpus Christi, TX
As of the latest ACS Survey released in 2023, Bay Area, Corpus Christi, TX has a population of 4,460, which has decreased by -2.1% over the past 5 years. Bay Area, Corpus Christi, TX is a moderately popular place for families, as children make up 22.2% of the population. The area has a poorly educated workforce, with 9.8% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 3.7% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 4,460 | -2.1% |
% Under 18 | 22.2% | -22.6% |
% Seniors | 14.3% | 66.3% |
% WFH | 3.7% | 184.6% |
% w/ College Degree | 9.8% | 2.1% |
As of the latest ACS Survey released in 2023, Bay Area, Corpus Christi, TX is a predominantly hispanic area, with 92.8% of the population identifying as hispanic. The hispanic population has grown by 6.8% in the last 5 years. The second most common race or ethnicity in Bay Area, Corpus Christi, TX is white, making up 4.1% of the population. Foreign-born residents account for 9.7% of the population in Bay Area, Corpus Christi, TX, and this percentage has decreased by 40.9% 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 | 4.1% | -22.6% |
% Black | 3.7% | -55.4% |
% Hispanic | 92.8% | 6.8% |
% Asian | 0.2% | 0.0% |
% Foreign Born | 9.7% | -40.9% |
Mortgage and Risk — Bay Area, Corpus Christi, TX
According to HUD data as of 2023, there were 60 mortgage originations in Bay Area, Corpus Christi, TX, of which 40.0% of loans were conventional mortgages. The average loan-to-value was 77.0%, with 65.0% above 90% LTV (very high). This implies large mortgage risk in Bay Area, Corpus Christi, TX. Investor activity is low, as 5.0% of loans were by investors. 3.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 60 |
% Conventional Loans | 40.0% |
% Government Loans | 60.0% |
% Investor Loans | 5.0% |
% Second Loans | 2.0% |
% Cash Out Refinance | 3.0% |
Loan Activity
Rentals and Section 8 — Bay Area, Corpus Christi, TX
Bay Area, Corpus Christi, TX lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 44 |
Total Units Section 8 | 44 |
% Rentals under Section 8 | 8.3% |
% Occupied Section 8 | 95.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $1,140 |
| 2 Bedroom | $50 | $1,350 | $1,400 |
| 3 Bedroom | $600 | $1,230 | $1,830 |
| 4 Bedroom | N/A | N/A | $2,130 |
Affordability — Bay Area, Corpus Christi, TX
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.6 |
| Median Home Price | $183,000 |
| Median Household Income | $53,900 |