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Italy, TX

Full City Profile · Texas · Ellis County County

3.0 /5.0
B Good
2,460 Population 1,224/sq mi density
$59,082 Median Income $23,228 per capita
$148,200 Home Value $253,280 Zillow
$1,304 Median Rent 38.9% income on rent
66°F Avg Temperature 308 sunny days/yr
160 Violent Crime/100K 2,028 property/100K
B
Overall
3.0 / 5.0
Good overall score based on economy, affordability, safety and education
B+
Economy
3.7 / 5.0
$59,082 median income, 2.5% unemployment
A+
Affordability
5.0 / 5.0
$148,200 home value, $1,304/mo rent
F
Safety
1.0 / 5.0
160 violent crimes/100K
C
Education
2.3 / 5.0
15.8% bachelor's degree or higher

Housing Overview

Median Home Value
$148,200
47% below
US avg: $281,900
Median Rent
$1,304/mo
12% above
US avg: $1,163/mo
Homeownership Rate
68.9%
5% above US avg (65.4%)
Total Housing Units
870
Median year built: 1977

Home Value by Source

Census Median
$148,200
Zillow (ZHVI)
$253,280
Median Sale Price
$305,000
Median List Price
$124,000
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

68.9%
Owner-Occupied
31.1%
Renter-Occupied
69%
31%
US avg: 65.4% owner-occupied

Fair Market Rents (HUD FY2026)

Studio
$887/mo
1 Bedroom
$935/mo
2 Bedroom
$1,149/mo
3 Bedroom
$1,497/mo
4 Bedroom
$1,733/mo
Census median rent: $1,304/mo

Market Indicators (Redfin)

Median Days on Market
33 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
1
Price Drops
40.0%
of listings with price reduction
Price Per Sq Ft
$186
Active Inventory
5
homes for sale

Affordability & Housing Stock

Rent Burden
38.9%
of renters spending 30%+ of income on housing
25% above US avg (31.0%)
Median Year Built
1977
Average age of housing stock: 49 years
Homeownership Rate
68.9%

Complete Housing Data

Home Values

Census Median Value$148,200
Zillow Home Value (ZHVI)$253,280
Median Sale Price$305,000
Median List Price$124,000
Price Per Sq Ft$186

Rent

Census Median Rent$1,304
FMR Studio$887
FMR 1-Bedroom$935
FMR 2-Bedroom$1,149
FMR 3-Bedroom$1,497
FMR 4-Bedroom$1,733

Market

Days on Market33
Sale-to-List Ratio1.0%
Price Drops40.0%
Homes Sold1
Active Inventory5
Price Per Sq Ft$186

Ownership & Stock

Owner-Occupied68.9%
Renter-Occupied31.1%
Homeownership Rate68.9%
Total Housing Units870
Median Year Built1977
Rent Burden38.9%