Buffalo Gap, TX—79508
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Buffalo Gap, TX
As of Oct '25, the median home price in Buffalo Gap, TX is $238,000, with a year-over-year change of 2.3%. This indicates that home prices in Buffalo Gap, TX are increasing. According to Zillow, the 1-year price projection is 0.3%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $238,000 | 2.3% |
| Single Family | $238,000 | 2.1% |
| 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 | $272,000 | 2.6% |
4 Bed | N/A | N/A |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Buffalo Gap, TX
As of July '25, Rentcast reports the average rent in Buffalo Gap, TX is $2,060, with a year-over-year rent change of 15.1%. Per bedroom, the median rent as of July '25 in Buffalo Gap, TX is 3-bedrooms: $2,020, 4-bedrooms: $2,200. The most common rental property sizes in Buffalo Gap, TX are 2-bedroom and 3-bedroom, accounting for 73.4% and 20.3% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $2,000 | $2,060 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | N/A | N/A |
| 3 Bed Rent | $2,000 | $2,020 |
| 4 Bed Rent | $2,200 | $2,200 |
% of Rental Stock
Property Listings — Buffalo Gap, TX
As of Oct '25, Realtor.com reports that the median days on market for a home in Buffalo Gap, TX is 75. This is a decrease of -15.0% from last year, suggesting that homes are sitting on the market shorter than last year. The percentage of listed homes with a reduced price is 25.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $310,000 | -5.0% |
Listing Count | 16 | 26.0% |
| Listings as % of Homes | 0.2% | 26.0% |
Days on Market | 75 | -15.0% |
Demographics — Buffalo Gap, TX
As of the latest ACS Survey released in 2023, Buffalo Gap, TX has a population of 982, which has decreased by -38.6% over the past 5 years. Buffalo Gap, TX is a less popular place for families, as children make up 9.5% of the population. The area has a moderately educated workforce, with 25.1% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 17.6% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 982 | -38.6% |
% Under 18 | 9.5% | -71.9% |
% Seniors | 22.2% | 60.9% |
% WFH | 17.6% | 245.1% |
% w/ College Degree | 25.1% | -9.7% |
As of the latest ACS Survey released in 2023, Buffalo Gap, TX is a predominantly white area, with 89.4% of the population identifying as white. The white population has grown by 31.5% in the last 5 years. The second most common race or ethnicity in Buffalo Gap, TX is hispanic, making up 8.1% of the population. Foreign-born residents account for 0.2% of the population in Buffalo Gap, TX, and this percentage has decreased by 96.2% 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 | 89.4% | 31.5% |
% Black | 2.0% | -57.4% |
% Hispanic | 8.1% | -65.7% |
% Asian | 0.0% | -100.0% |
% Foreign Born | 0.2% | -96.2% |
Mortgage and Risk — Buffalo Gap, TX
Buffalo Gap, TX lacks sufficient mortgage origination data for analysis.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | N/A |
% Conventional Loans | N/A |
% Government Loans | N/A |
% Investor Loans | N/A |
% Second Loans | N/A |
% Cash Out Refinance | N/A |
Loan Activity
No data available
Rentals and Section 8 — Buffalo Gap, TX
Buffalo Gap, TX lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | N/A |
Total Units Section 8 | N/A |
% Rentals under Section 8 | N/A |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $900 |
| 2 Bedroom | N/A | N/A | $1,140 |
| 3 Bedroom | -$520 | $2,000 | $1,480 |
| 4 Bedroom | -$410 | $2,200 | $1,790 |
Affordability — Buffalo Gap, TX
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 2.8 |
| Median Home Price | $238,000 |
| Median Household Income | $78,600 |