Pecos, TX79772

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$168,000
7.7% YoY Growth
Median Household Income
$56,500
4.8% 5-Year Growth
Days on Market
87
8.0% Shorter than last year
Home Price Forecast
-6.6%
Median Rent
$2,350
37.0% YoY Growth
1-Bed Rent
N/A
N/A
2-Bed Rent
$1,800
N/A
3-Bed Rent
$2,350
18.0% YoY Growth

Property Listings — Pecos, TX

As of Oct '25, Realtor.com reports that the median days on market for a home in Pecos, TX is 87. This is a decrease of -8.0% 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 12.0%, representing a small inventory and little supply pressure on home prices.

MetricZip Code AverageYear over Year % Change
Median Listing Price
$264,0005.0%
Listing Count
5150.0%
Listings as % of Homes0.6%50.0%
Days on Market
87-8.0%
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Demographics — Pecos, TX

As of the latest ACS Survey released in 2023, Pecos, TX has a population of 12,500, which has decreased by -9.6% over the past 5 years. Pecos, TX is a popular place for families, as children make up 25.2% of the population. The area has a poorly educated workforce, with 7.1% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 1.4% reporting working from home.

MetricLatest CensusYoY % Change
Population
12,500-9.6%
% Under 18
25.2%13.5%
% Seniors
11.1%-5.1%
% WFH
1.4%-22.2%
% w/ College Degree
7.1%-29.0%
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As of the latest ACS Survey released in 2023, Pecos, TX is a predominantly hispanic area, with 85.1% of the population identifying as hispanic. The hispanic population has grown by 11.7% in the last 5 years. The second most common race or ethnicity in Pecos, TX is white, making up 11.8% of the population. Foreign-born residents account for 19.5% of the population in Pecos, TX, and this percentage has decreased by 9.3% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.

Race and Ethnicity

MetricLatest Census5-Year % Change
% White
11.8%-38.9%
% Black
1.6%-54.3%
% Hispanic
85.1%11.7%
% Asian
0.4%-75.0%
% Foreign Born
19.5%-9.3%
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Mortgage and Risk — Pecos, TX

According to HUD data as of 2023, there were 105 mortgage originations in Pecos, TX, of which 57.0% of loans were conventional mortgages. The average loan-to-value was 90.0%, with 70.0% above 90% LTV (very high). This implies large mortgage risk in Pecos, TX. Investor activity is low, as 3.0% 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
105
% Conventional Loans
57.0%
% Government Loans
43.0%
% Investor Loans
3.0%
% Second Loans
3.0%
% Cash Out Refinance
5.0%

Loan Activity

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Rentals and Section 8 — Pecos, TX

Pecos, TX lacks sufficient Section 8 program data for analysis.

Section 8 Market Size

Total Units under HUD
130
Total Units Section 8
0
% Rentals under Section 8
N/A
% Occupied Section 8
N/A

Section 8 Opportunity

Home SizeHUD PremiumMarket RentMax HUD Rent
1 BedroomN/AN/A$890
2 Bedroom-$810$1,800$990
3 Bedroom-$1,080$2,350$1,270
4 BedroomN/AN/A$1,480

Affordability — Pecos, TX

Home Price to Income Ratio

MetricZip Code Average
Home Price to Income Ratio4.4
Median Home Price$168,000
Median Household Income$56,500

Pecos, TX — ZIP Code Boundary Map

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Frequently Asked Questions