Salt Flat, TX79847

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$147,000
N/A
Median Household Income
$56,200
18.5% 5-Year Growth
Days on Market
155
66.0% Shorter than last year
Home Price Forecast
N/A
Median Rent
N/A
N/A
1-Bed Rent
N/A
N/A
2-Bed Rent
N/A
N/A
3-Bed Rent
N/A
N/A

Property Listings — Salt Flat, TX

As of Aug '25 and according to Realtor.com, the median days on market for a home in Salt Flat, TX is 155. This is an decrease of -66.0% from last year. This indicates that homes are sitting on the market shorter than last year. The percentage of listed homes with a reduced price is NA. This is an unknown percentage of inventory, suggesting unknown supply pressure on home prices.

MetricZip Code AverageYear over Year % Change
Median Listing Price
$147,000275.0%
Listing Count
0N/A
Listings as % of HomesN/AN/A
Days on Market
155-66.0%
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Demographics — Salt Flat, TX

MetricLatest CensusYoY % Change
Population
18116.0%
% Under 18
0.0%-100.0%
% Under 5N/AN/A
% Seniors
6.1%-69.3%
% WFH
8.8%∞%
% w/ College Degree
10.5%-35.6%
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Race and Ethnicity

MetricLatest Census5-Year % Change
% White
74.0%-26.0%
% Black
0.0%N/A
% Hispanic
14.4%∞%
% Asian
0.0%N/A
% Foreign Born
8.8%∞%
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Mortgage and Risk — Salt Flat, TX

According to the latest data from the U.S. Department of Housing and Urban Development (HUD) as of 2023, the number of mortgages originated in Salt Flat, TX in that year was NA. NA of all primary home loans were conventional, the remainder were government-backed loans, such as FHA loans. The average loan-to-value for all loans was NA. Of those, NA were >90% loan to value. This is considered unknown, suggesting that mortgage risk is unknown in Salt Flat, TX. Investor activity in Salt Flat, TX is unknown, as NA of all loans are originated by investors. In 2023, NA of all loans were cash-out refinances, suggesting unknown homeowners are actively tapping their home's equity.

Mortgages

MetricZip Code AverageMetro AverageState Average
Total Loan Originations
N/AN/AN/A
% Conventional Loans
N/AN/AN/A
% Government Loans
N/AN/AN/A
% Investor Loans
N/AN/AN/A
% Second Loans
N/AN/AN/A
% Cash Out Refinance
N/AN/AN/A
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Rentals and Section 8 — Salt Flat, TX

As of 2024, the percent of homes in Salt Flat, TX under the Section 8 program is NA. This is considered unknown, suggesting that the neighborhood is unknown composed of Section 8 homes. Section 8 opportunity is good when HUD pays homeowners more than the average rental market rate for various home sizes. For each bedroom size, the average difference between HUD payments and market rents is shown in the table below.

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 SizeHUD PremiumMarket RentMax HUD Rent
1 BedroomN/AN/A$980
2 BedroomN/AN/A$1,130
3 BedroomN/AN/A$1,440
4 BedroomN/AN/A$1,910

Affordability — Salt Flat, TX

Home Price to Income Ratio

MetricZip Code AverageMetro AverageState Average
Home Price to Income RatioN/AN/AN/A
Median Home PriceN/AN/AN/A
Median Household Income$56,200N/AN/A

Salt Flat, TX — ZIP Code Boundary Map

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