Alton, TX78573

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$208,000
0.4% YoY Growth
Median Household Income
$51,200
50.3% 5-Year Growth
Days on Market
91
30.0% Longer than last year
Home Price Forecast
1.3%
Median Rent
$1,100
0.8% YoY Growth
1-Bed Rent
$690
2.4% YoY Growth
2-Bed Rent
$1,000
2.0% YoY Growth
3-Bed Rent
$1,180
2.3% YoY Growth

Property Listings — Alton, TX

As of Oct '25, Realtor.com reports that the median days on market for a home in Alton, TX is 91. This is a increase of 30.0% 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 8.0%, representing a small inventory and little supply pressure on home prices.

MetricZip Code AverageYear over Year % Change
Median Listing Price
$299,0003.0%
Listing Count
22617.0%
Listings as % of Homes1.1%17.0%
Days on Market
9130.0%
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Demographics — Alton, TX

As of the latest ACS Survey released in 2023, Alton, TX has a population of 42,900, which has increased by 10.4% over the past 5 years. Alton, TX is a popular place for families, as children make up 33.0% of the population. The area has a poorly educated workforce, with 14.6% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 9.1% reporting working from home.

MetricLatest CensusYoY % Change
Population
42,90010.4%
% Under 18
33.0%-6.5%
% Seniors
9.6%26.3%
% WFH
9.1%152.8%
% w/ College Degree
14.6%7.4%
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As of the latest ACS Survey released in 2023, Alton, TX is a predominantly hispanic area, with 96.4% of the population identifying as hispanic. The hispanic population has grown by 0.5% in the last 5 years. The second most common race or ethnicity in Alton, TX is white, making up 2.8% of the population. Foreign-born residents account for 28.4% of the population in Alton, TX, and this percentage has decreased by 7.5% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.

Race and Ethnicity

MetricLatest Census5-Year % Change
% White
2.8%-15.2%
% Black
0.2%-33.3%
% Hispanic
96.4%0.5%
% Asian
0.4%-42.9%
% Foreign Born
28.4%-7.5%
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Mortgage and Risk — Alton, TX

According to HUD data as of 2023, there were 356 mortgage originations in Alton, TX, of which 45.0% of loans were conventional mortgages. The average loan-to-value was 82.0%, with 59.0% above 90% LTV (very high). This implies large mortgage risk in Alton, TX. Investor activity is low, as 6.0% of loans were by investors. 5.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.

Mortgages

MetricZip Code Average
Total Loan Originations
356
% Conventional Loans
45.0%
% Government Loans
55.0%
% Investor Loans
6.0%
% Second Loans
1.0%
% Cash Out Refinance
5.0%

Loan Activity

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Rentals and Section 8 — Alton, TX

As of 2024, the percent of homes in Alton, TX under the Section 8 program is 8.9%. 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 Alton, TX, because HUD payments exceed market rent, while 2-bedroom and 4-bedroom units do not.

Section 8 Market Size

Total Units under HUD
340
Total Units Section 8
337
% Rentals under Section 8
8.9%
% Occupied Section 8
97.0%

Section 8 Opportunity

Home SizeHUD PremiumMarket RentMax HUD Rent
1 Bedroom$60$690$750
2 Bedroom-$70$1,000$930
3 Bedroom$30$1,180$1,210
4 Bedroom-$750$2,100$1,350

Affordability — Alton, TX

Home Price to Income Ratio

MetricZip Code Average
Home Price to Income Ratio3.7
Median Home Price$208,000
Median Household Income$51,200

Alton, TX — ZIP Code Boundary Map

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Frequently Asked Questions