Tyler, Texas Real Estate & Housing Market

Tyler, TX Listings

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Tyler Housing Information

Index	Tyler	Texas	National
Median home price	$140,000	$142,700	$184,700
Median rent asked	$832	$911	$949
Avg. people per household	2.6	2.8	2.6
Owner occupied households	51.8%	61.9%	63.6%
Renter occupied households	48.2%	38.1%	36.4%

Above, you'll find an overview of the real estate market in Tyler, TX. Generally, real estate in the Tyler, TX area is more affordable in Texas, as the median price of a home in Tyler, TX is $140,000, which is 2% lower than the Texas average. The median rental price in Tyler, TX is $832. This is 9% lower than the average rental price in Texas. Home owners comprise 51.8% of the population of Tyler, TX, where an average of 2.6 people live in each home. Various real estate options from luxurious homes to affordable condos and urban townhomes are available in Tyler, TX. Below, you can search for real estate listings in Tyler, TX using our search functionality that allows you to personalize your search and filter out location, price, and number of bedrooms and bathrooms.

Tyler Home Affordability

When searching for real estate in Tyler, TX, home affordability is a critical aspect. The ratio of the house price to the median household income is one method used to figure out home affordability. In Tyler, TX, the median house price is $140,000, while the median income for households in the area is $44,507. Therefore, the ratio of house price to income is 3.1x; this ratio is 21% higher than the average in Texas. The calculation for the ratio of home affordability requires dividing the median household income by the median house price. The lower the aforementioned ratio, the more affordable homes are - when comparing the house price to the household income. However, there are more factors that come into play in terms of home affordability. The calculator below determines home affordability, and it can help you decide how much money you can afford to pay for real estate in Tyler, TX.

Nearby cities with low home prices

City, State	Population	Home Price	National Avg.
Arp, TX	851	$70,200	62%
Winona, TX	762	$81,000	56%
Troup, TX	1,629	$83,500	55%
Lindale, TX	5,488	$127,700	31%
Chandler, TX	2,874	$150,900	18%
Tyler, TX	101,946	$140,000	24%

Cities with similar population

City, State	Population	Home Price	National Avg.
Clovis, CA	102,148	$263,500	43%
Sandy Springs, GA	102,212	$421,600	128%
San Mateo, CA	102,224	$850,200	360%
Davenport, IA	102,305	$122,700	34%
Lewisville, TX	102,327	$161,700	12%
Tyler, TX	101,946	$140,000	24%

Source: The Tyler, TX housing data displayed above is derived from the 2016 United States Census Bureau American Community Survey (ACS).