Fabens—79838
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Fabens
As of Nov '25, the median home price in Fabens is $154,000, with a year-over-year change of 4.6%. This indicates that home prices in Fabens are increasing. According to Zillow, the 1-year price projection is 2.7%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $154,000 | 4.6% |
| Single Family | $154,000 | 4.8% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $129,000 | 5.7% |
3 Bed | $166,000 | 5.1% |
4 Bed | $234,000 | 4.0% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Fabens
As of July '25, Rentcast reports the average rent in Fabens is $651, with a year-over-year rent change of -21.2%. Per bedroom, the median rent as of July '25 in Fabens is 2-bedrooms: $651. The most common rental property sizes in Fabens are 2-bedroom and 3-bedroom, accounting for 36.1% and 28.0% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $600 | $651 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | $600 | $651 |
| 3 Bed Rent | N/A | N/A |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Fabens
As of Nov '25, Realtor.com reports that the median days on market for a home in Fabens is 71. 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 0.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $170,000 | -5.0% |
Listing Count | 10 | 53.0% |
| Listings as % of Homes | 0.4% | 53.0% |
Days on Market | 71 | 1.0% |
Demographics — Fabens
As of the latest ACS Survey released in 2023, Fabens has a population of 4,810, which has decreased by -24.5% over the past 5 years. Fabens is a moderately popular place for families, as children make up 17.8% of the population. The area has a poorly educated workforce, with 10.5% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 3.9% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 4,810 | -24.5% |
% Under 18 | 17.8% | -43.7% |
% Seniors | 19.9% | 44.2% |
% WFH | 3.9% | -31.6% |
% w/ College Degree | 10.5% | 250.0% |
As of the latest ACS Survey released in 2023, Fabens is a predominantly hispanic area, with 97.1% of the population identifying as hispanic. The hispanic population has grown by 1.5% in the last 5 years. The second most common race or ethnicity in Fabens is white, making up 1.7% of the population. Foreign-born residents account for 37.5% of the population in Fabens, and this percentage has increased by 4.7% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 1.7% | -52.8% |
% Black | 0.2% | 0.0% |
% Hispanic | 97.1% | 1.5% |
% Asian | 0.0% | -100.0% |
% Foreign Born | 37.5% | 4.7% |
Mortgage and Risk — Fabens
According to HUD data as of 2023, there were 19 mortgage originations in Fabens, of which 63.0% of loans were conventional mortgages. The average loan-to-value was 84.0%, with 47.0% above 90% LTV (very high). This implies large mortgage risk in Fabens. Investor activity is low, as 11.0% of loans were by investors. 16.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 19 |
% Conventional Loans | 63.0% |
% Government Loans | 37.0% |
% Investor Loans | 11.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 16.0% |
Rentals and Section 8 — Fabens
Fabens lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 80 |
Total Units Section 8 | 80 |
% Rentals under Section 8 | 3.7% |
% Occupied Section 8 | 62.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $890 |
| 2 Bedroom | $440 | $600 | $1,040 |
| 3 Bedroom | N/A | N/A | $1,440 |
| 4 Bedroom | N/A | N/A | $1,760 |
Affordability — Fabens
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.2 |
| Median Home Price | $154,000 |
| Median Household Income | $43,400 |