Del Rio, TX Housing Market
AI-powered market intelligence for the Del Rio, TX metro area.
PropertyIQ Scores
Del Rio, TX Market Analysis
Market Overview
Del Rio, TX presents a weak housing market, reflected in its PropertyIQ Score of 7 out of 100. The top score drivers include a 12-month home value momentum of -1.61% and a 3-month home value momentum of -2.31%, both indicating declining values. Median days on market is 92 days, and 12.8% of listings have a price cut. Together, these metrics point to soft buyer demand and a market where sellers may need to be patient and flexible on pricing.
Compared with Texas state benchmarks, Del Rio’s median home value of $208,545 is well below the state average of $301,806. Median household income is also lower at $59,673, compared with $76,292 statewide. The unemployment rate in Del Rio is 4.4%, matching the state average, which suggests some stability in the local job market. Population growth data is not available, so the demand impact from population change cannot be assessed from the provided data.
The rental side is a relative bright spot. Del Rio’s rent index is $1,395, slightly above the Texas state average of $1,339. Because home values are lower than the state average while rents are slightly higher, the market may offer more relative rental value than many other Texas markets, even though home value momentum remains negative.
Key Trends
First, home values are trending downward. The 12-month home value momentum is -1.61%, and the 3-month momentum is -2.31%. The 3-month decline is steeper than the 12-month average, indicating that price softness has accelerated recently. The median home value also posted a year-over-year change of -$8. While that dollar decline is small, it aligns with the negative percentage momentum.
Second, the sales pace is slow. Median days on market is 92 days, meaning homes are taking roughly three months to sell. At the same time, 12.8% of listings have had a price cut, and there are 262 homes for sale. These factors suggest a buyer’s market with more negotiation power for purchasers.
Third, affordability is mixed. A median home value of $208,545 is significantly lower than the state average of $301,806, which may attract buyers looking for lower-cost housing. However, the local median household income of $59,673 is also below the state average of $76,292. This means the lower home prices may not translate into broad affordability if local incomes are also lower.
Fourth, rental demand appears relatively stable. The rent index of $1,395 is above the state average of $1,339, even though home values are much lower than the state average. This combination may support rental-focused investment, but the weak home value momentum and slow sales pace reduce the appeal of short-term appreciation strategies.
Who Is This Market For
Del Rio may be best suited for long-term, income-focused investors and patient primary-home buyers. For investors, the median home value of $208,545 is far below the state average of $301,806, while the rent index of $1,395 is above the state average of $1,339. This can create a relatively affordable entry point with decent rent potential. However, the PropertyIQ Score of 7/100 and negative home value momentum mean investors should not expect rapid price appreciation. The 92-day median days on market and 12.8% share of listings with price cuts also give buyers room to negotiate, which can benefit first-time buyers and bargain hunters.
First-time buyers may find the lower median home value attractive, but they should weigh the local median household income of $59,673 against the state average of $76,292. The unemployment rate of 4.4%, matching the state average, may offer some confidence in job stability. This market is less suitable for short-term flippers or buyers seeking quick equity gains, given the 3-month home value momentum of -2.31% and 12-month momentum of -1.61%. Move-up buyers may also face challenges selling an existing home in a slow market with 92 days on market.
Outlook
The current data suggests continued softness in Del Rio’s housing market. The 3-month home value momentum of -2.31% is weaker than the 12-month figure of -1.61%, meaning recent price trends have not yet stabilized. Median days on market of 92 days and a 12.8% share of listings with price cuts point to a market that still favors buyers. With 262 homes for sale and no population growth data available, there is no clear demand catalyst visible in the provided metrics. The rental market offers some relative stability, with a rent index of $1,395 above the state average of $1,339, and the unemployment rate matches the state at 4.4%. These factors may support baseline demand, but they do not offset the negative price momentum and slow sales pace. Overall, the near-term outlook is cautious and favors buyers, rent-focused investors, and sellers who are prepared to price competitively.
AI-generated analysis based on current market data. Last updated August 19, 2026.
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Del Rio, TX market data
Del Rio, TX Housing Market Overview
Del Rio, TX's median home value is $209K, down 1.6% over the past year. Homes here sell in a median 92 days. Its PropertyIQ Score of 7 sits below the state average of 50, marking a market positioned to lag its state over the next three years.
PropertyIQ tracks the Del Rio, TX housing market through two complementary lenses: price momentum from Zillow home-value trends over 3 and 12 months, and demand pressure from how quickly homes sell and how often sellers cut prices, drawn from Realtor.com. The PropertyIQ Score distills these into one number that predicts how this TX market is set to perform against its state benchmark.
South Central housing markets are propelled by energy sector economics, corporate relocations, and rapid population growth. Texas metros in particular have seen explosive expansion, though affordability pressures are emerging in the fastest-growing areas. Within the South Central, Del Rio, TX's PropertyIQ Score of 7 runs below the South Central norm.
Texas continues to be one of America's top relocation destinations, with no state income tax and a business-friendly regulatory environment driving corporate headquarters relocations and population growth.
The PropertyIQ Score for the Del Rio, TX market is built from four inputs: Zillow home-value momentum over twelve months, Zillow home-value momentum over three months, the median days listings spend on the market (Realtor.com), and the share of listings with a price cut (Realtor.com). The score runs on a 1 to 99 scale computed across all metro markets nationally and calibrated so 50 equals the state average — a score above 50 means this market is positioned to outperform its state, and a score below 50 means it is set to lag. Momentum here has been negative, with home values down 1.6% over the past year.
Use PropertyIQ's interactive analytics to compare Del Rio, TX against any other US metro on its PropertyIQ Score and underlying metrics. Generate a free AI market report, explore historical trends on the graphs page, or see how this market ranks on the scores dashboard.
Counties in the Del Rio, TX metro area
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Market data through July 2026. Sourced from Zillow, Realtor.com, Redfin, U.S. Census Bureau, FRED, BLS, and BEA. Per-statistic source and date shown above.
Frequently Asked Questions
Is Del Rio, TX a good place to buy real estate in 2026?
PropertyIQ doesn't label markets simply good or bad. Instead, the PropertyIQ Score measures a market's demand momentum against its own state, where 50 marks the state average. Del Rio, TX currently scores 7, a very weak-momentum reading that leaves it positioned to lag its state over the next three years. For buyers, cooling demand usually brings more inventory, longer sale times, and real leverage to negotiate on price. Backing that up, the median home value here is $209K, down 1.6% over the past year. So whether Del Rio, TX is right for you comes down to your goals: a rising-momentum market can favor long-term appreciation but offers less room to negotiate, while a cooling one hands buyers more leverage. Treat the score as a timing signal to weigh alongside your budget, holding period, and plans for the property, not a verdict on the market's quality.
What is the PropertyIQ Score for Del Rio, TX?
Del Rio, TX's PropertyIQ Score is 7, indicating very weak momentum on a 1-to-99 scale. The score distills four transparent inputs into a single number: Zillow home-value momentum over the past 12 months, Zillow home-value momentum over the past 3 months, the median days homes spend on the market from Realtor.com, and the share of listings with a price cut, also from Realtor.com. Rising values and faster sales push the score up, while slow sales and frequent price cuts pull it down. The scale is calibrated so 50 equals the state average, meaning a score above 50 predicts the market will outperform its state over the next three years and a score below 50 predicts underperformance. PropertyIQ computes the score across every US market nationally, then recenters it against each state, so 7 places Del Rio, TX below its state benchmark.
Are home prices in Del Rio, TX rising or falling?
Home prices in Del Rio, TX are falling. Over the past year, the median home value declined 1.6%, reaching $209K. Over the latest three months, values slipped 2.3%, a sign near-term demand is softening. PropertyIQ derives these figures from Zillow's home-value index, which tracks the typical value across the market rather than only the homes that happened to sell, giving a steadier read than a raw median sale price. Both the 12-month and 3-month momentum readings feed directly into the PropertyIQ Score, so this price trend is one of the core signals behind Del Rio, TX's current score. Keep in mind that appreciation can vary widely by neighborhood and price tier across the metro area, so treat these figures as the market-wide baseline rather than a guarantee for any single property.
How quickly do homes sell in Del Rio, TX?
In Del Rio, TX, homes sell in a median of 92 days from listing to pending sale, based on Realtor.com market data. Median days on market is one of the clearest real-time reads on local demand: when homes move quickly, buyers are competing and sellers hold the advantage, while lengthening timelines signal cooling interest and more room to negotiate. Alongside sale speed, about 13% of active listings here have taken at least one price cut — a complementary demand gauge, since a rising share of reductions often precedes slower sales and softer prices. Both median days on market and the price-cut share feed directly into the PropertyIQ Score, where faster sales and fewer cuts push the score higher. As a general guide, medians under about 30 days indicate a brisk, competitive market, while medians well beyond 60 days point to buyers regaining leverage. Actual time on market still varies by price band, property type, and season, so treat the median as a market-wide baseline.
How current is this metro area data?
This Del Rio, TX market data is refreshed on a monthly cycle, with the latest figures current through July 2026. PropertyIQ ingests fresh data every month from a range of authoritative sources: home values and rents from Zillow, days on market and price-cut activity from Realtor.com, additional housing signals from Redfin, demographic and housing-stock data from the U.S. Census Bureau, mortgage and macroeconomic series from FRED, and employment figures from the Bureau of Labor Statistics and the Bureau of Economic Analysis. The PropertyIQ Score itself is recomputed every month once the new source data lands, so the score and its four underlying inputs always reflect the most recent complete reporting period rather than a static snapshot. Because official housing data is typically released with a short lag, the current-through date usually trails the present by a few weeks, which is normal across the industry and not a sign the data is out of date.