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New Fairview, TX
Full City Profile · Texas · Wise County County
3.0
/5.0
B
Good
1,521
Population
80/sq mi density
$89,531
Median Income
$28,529 per capita
$240,600
Home Value
$382,626 Zillow
$1,733
Median Rent
48.0% income on rent
65°F
Avg Temperature
330 sunny days/yr
708
Violent Crime/100K
2,832 property/100K
B
Overall
3.0 / 5.0
Good overall score based on economy, affordability, safety and education
A
Economy
4.2 / 5.0
$89,531 median income, 0.6% unemployment
A+
Affordability
5.0 / 5.0
$240,600 home value, $1,733/mo rent
F
Safety
1.0 / 5.0
708 violent crimes/100K (86% above avg)
D
Education
1.9 / 5.0
11.0% bachelor's degree or higher
Housing Overview
Median Home Value
$240,600
15% below
US avg: $281,900
Median Rent
$1,733/mo
49% above
US avg: $1,163/mo
Homeownership Rate
84.5%
29% above US avg (65.4%)
Total Housing Units
624
Median year built: 1999
Home Value by Source
Census Median
$240,600
Zillow (ZHVI)
$382,626
Median Sale Price
$555,000
Median List Price
$374,999
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
84.5%
Owner-Occupied
15.5%
Renter-Occupied
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:
$1,733/mo
Market Indicators (Redfin)
Median Days on Market
218 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
1
Price Drops
33.3%
of listings with price reduction
Price Per Sq Ft
$253
Active Inventory
15
homes for sale
Affordability & Housing Stock
Rent Burden
48.0%
of renters spending 30%+ of income on housing
55% above US avg (31.0%)
Median Year Built
1999
Average age of housing stock: 27 years
Homeownership Rate
84.5%
Complete Housing Data
Home Values
| Census Median Value | $240,600 |
| Zillow Home Value (ZHVI) | $382,626 |
| Median Sale Price | $555,000 |
| Median List Price | $374,999 |
| Price Per Sq Ft | $253 |
Rent
| Census Median Rent | $1,733 |
| 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 Market | 218 |
| Sale-to-List Ratio | 1.0% |
| Price Drops | 33.3% |
| Homes Sold | 1 |
| Active Inventory | 15 |
| Price Per Sq Ft | $253 |
Ownership & Stock
| Owner-Occupied | 84.5% |
| Renter-Occupied | 15.5% |
| Homeownership Rate | 84.5% |
| Total Housing Units | 624 |
| Median Year Built | 1999 |
| Rent Burden | 48.0% |