Echo—84033
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Echo
As of Nov '25, the median home price in Echo is $582,000, with a year-over-year change of 2.1%. This indicates that home prices in Echo are increasing. According to Zillow, the 1-year price projection is 2.5%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $582,000 | 2.1% |
| Single Family | $582,000 | 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 | N/A | N/A |
4 Bed | N/A | N/A |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Echo
As of July '25, Rentcast reports the average rent in Echo is $1,600, with a year-over-year rent change of 6.7%. Per bedroom, the median rent as of July '25 in Echo is 2-bedrooms: $1,600. The most common rental property sizes in Echo are 3-bedroom and 1-bedroom, accounting for 37.3% and 25.4% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,600 | $1,600 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | $1,600 | $1,600 |
| 3 Bed Rent | N/A | N/A |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Echo
As of Nov '25, Realtor.com reports that the median days on market for a home in Echo is 32. This is a increase of 62.0% from last year, suggesting that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 100.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $680,000 | -16.0% |
Listing Count | 4 | 0.0% |
| Listings as % of Homes | 0.9% | 0.0% |
Days on Market | 32 | 62.0% |
Demographics — Echo
As of the latest ACS Survey released in 2023, Echo has a population of 1,000, which has decreased by -20.0% over the past 5 years. Echo is a popular place for families, as children make up 28.7% of the population. The area has a moderately educated workforce, with 34.1% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 22.3% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 1,000 | -20.0% |
% Under 18 | 28.7% | -15.6% |
% Seniors | 13.8% | 60.5% |
% WFH | 22.3% | 320.8% |
% w/ College Degree | 34.1% | 20.5% |
As of the latest ACS Survey released in 2023, Echo is a predominantly white area, with 93.6% of the population identifying as white. The white population has grown by 8.3% in the last 5 years. The second most common race or ethnicity in Echo is hispanic, making up 4.1% of the population. Foreign-born residents account for 0.2% of the population in Echo, and this percentage has decreased by 97.4% 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 | 93.6% | 8.3% |
% Black | 0.0% | N/A |
% Hispanic | 4.1% | -67.7% |
% Asian | 0.0% | N/A |
% Foreign Born | 0.2% | -97.4% |
Mortgage and Risk — Echo
According to HUD data as of 2023, there were 44 mortgage originations in Echo, of which 95.0% of loans were conventional mortgages. The average loan-to-value was 30.0%, with 7.0% above 90% LTV (normal). This implies small mortgage risk in Echo. Investor activity is low, as 5.0% of loans were by investors. 25.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 44 |
% Conventional Loans | 95.0% |
% Government Loans | 5.0% |
% Investor Loans | 5.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 25.0% |
Rentals and Section 8 — Echo
Echo 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 | $1,260 |
| 2 Bedroom | $30 | $1,600 | $1,630 |
| 3 Bedroom | N/A | N/A | $2,100 |
| 4 Bedroom | N/A | N/A | $2,280 |
Affordability — Echo
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 6.3 |
| Median Home Price | $582,000 |
| Median Household Income | $92,200 |