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  4. /Rio Hondo, TX - 78583

Rio Hondo, TX—78583

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$209,000
5.4% YoY Growth
Household Income
$61,300
72.0% YoY Growth
Days on Market
88
1.0% Longer YoY
Home Price Forecast
0.6%
Median Rent
$1,220
16.9% YoY Growth
1-Bed Rent
$560
12.0% YoY Growth
2-Bed Rent
N/A
N/A
3-Bed Rent
$1,250
7.8% YoY Growth
  • Home Price Trends
  • Rental Trends
  • Property Listings
  • Demographics
  • Mortgage and Risk

Home Price Trends — Rio Hondo, TX

As of May '26, the median home price in Rio Hondo, TX is $209,000, with a year-over-year change of 5.4%. This indicates that home prices in Rio Hondo, TX are increasing. According to Zillow, the 1-year price projection is 0.6%, suggesting a relatively flat housing market in the next year.

Cost per Home Type

Home TypeMedian Home ValueYoY % Change
All Homes
$209,0005.4%
Single Family $210,0005.0%
Condos N/AN/A

Cost per Home Size

Home SizeMedian Home ValueYoY % Change
1 Bed

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  • Affordability
  • Rentals and Section 8
    • N/A
    N/A
    2 Bed
    		$201,00010.4%
    3 Bed
    		$234,0001.3%
    4 Bed
    		N/AN/A
    5 Bed N/AN/A
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    % of Housing Stock

    Studio
    1.5%
    1 Bedroom
    11.5%
    2 Bedrooms
    23.0%
    3 Bedrooms
    51.4%
    4 Bedrooms
    11.4%
    5+ Bedrooms
    1.3%

    Rental Trends — Rio Hondo, TX

    As of July '25, Rentcast reports the average rent in Rio Hondo, TX is $1,380, with a year-over-year rent change of 16.9%. Per bedroom, the median rent as of July '25 in Rio Hondo, TX is 1-bedrooms: $560, 3-bedrooms: $1,660. The most common rental property sizes in Rio Hondo, TX are 3-bedroom and 1-bedroom, accounting for 44.1% and 24.4% of the rental stock.

    TypeMedian RentAverage Rent
    Average Rent$1,220$1,380
    Studio Rent N/AN/A
    1 Bed Rent $560$560
    2 Bed Rent N/AN/A
    3 Bed Rent $1,250$1,660
    4 Bed Rent N/AN/A
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    % of Rental Stock

    Studio
    8.4%
    1 Bedroom
    24.4%
    2 Bedrooms
    18.6%
    3 Bedrooms
    44.1%
    5+ Bedrooms
    4.5%

    Property Listings — Rio Hondo, TX

    As of May '26, Realtor.com reports that the median days on market for a home in Rio Hondo, TX is 88. This is a increase of 1.0% from last year, suggesting 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 13.0%, representing a small inventory and little supply pressure on home prices.

    MetricZip Code AverageYear over Year % Change
    Median Listing Price
    		$317,000-26.0%
    Listing Count
    		3042.0%
    Listings as % of Homes0.7%42.0%
    Days on Market
    		881.0%
    Loading chart...

    Demographics — Rio Hondo, TX

    As of the latest ACS Survey released in 2023, Rio Hondo, TX has a population of 5,470, which has decreased by -25.3% over the past 5 years. Rio Hondo, TX is a moderately popular place for families, as children make up 21.2% 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 8.5% reporting working from home.

    MetricLatest CensusYoY % Change
    Population
    		5,470-25.3%
    % Under 18
    		21.2%-18.5%
    % Seniors
    		25.5%3.7%
    % WFH
    		8.5%2,025.0%
    % w/ College Degree
    		14.6%-0.7%
    Loading chart...

    As of the latest ACS Survey released in 2023, Rio Hondo, TX is a predominantly hispanic area, with 83.9% of the population identifying as hispanic. The hispanic population has grown by 5.5% in the last 5 years. The second most common race or ethnicity in Rio Hondo, TX is white, making up 14.7% of the population. Foreign-born residents account for 16.8% of the population in Rio Hondo, TX, and this percentage has increased by 41.2% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.

    Race and Ethnicity

    MetricLatest Census5-Year % Change
    % White
    		14.7%-26.9%
    % Black
    		0.0%N/A
    % Hispanic
    		83.9%5.5%
    % Asian
    		0.2%-50.0%
    % Foreign Born
    		16.8%41.2%
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    Mortgage and Risk — Rio Hondo, TX

    According to HUD data as of 2023, there were 40 mortgage originations in Rio Hondo, TX, of which 65.0% of loans were conventional mortgages. The average loan-to-value was 70.0%, with 45.0% above 90% LTV (very high). This implies large mortgage risk in Rio Hondo, TX. Investor activity is low, as 10.0% of loans were by investors. 10.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.

    Mortgages

    MetricZip Code Average
    Total Loan Originations
    		40
    % Conventional Loans
    		65.0%
    % Government Loans
    		35.0%
    % Investor Loans
    		10.0%
    % Second Loans
    		10.0%
    % Cash Out Refinance
    		10.0%
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    Rentals and Section 8 — Rio Hondo, TX

    Rio Hondo, TX lacks sufficient Section 8 program data for analysis.

    Section 8 Market Size

    Total Units under HUD
    		78
    Total Units Section 8
    		77
    % Rentals under Section 8
    		20.5%
    % Occupied Section 8
    		97.6%

    Section 8 Opportunity

    Home SizeHUD PremiumMarket RentMax HUD Rent
    1 Bedroom$210$560$770
    2 BedroomN/AN/A$970
    3 Bedroom$40$1,250$1,290
    4 BedroomN/AN/A$1,340

    Affordability — Rio Hondo, TX

    Home Price to Income Ratio

    MetricZip Code Average
    Home Price to Income Ratio3.1
    Median Home Price$209,000
    Median Household Income$61,300

    Rio Hondo, TX — ZIP Code Boundary Map

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    Frequently Asked Questions