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Runaway Bay, TX

Full City Profile · Texas · Wise County County

3.9 /5.0
B+ Good
1,522 Population 604/sq mi density
$83,333 Median Income $47,991 per capita
$274,700 Home Value $282,935 Zillow
$1,172 Median Rent 30.4% income on rent
64°F Avg Temperature 330 sunny days/yr
B+
Overall
3.9 / 5.0
Good overall score based on economy, affordability, safety and education
A+
Economy
4.6 / 5.0
$83,333 median income, 2.5% unemployment
A+
Affordability
4.8 / 5.0
$274,700 home value, $1,172/mo rent
C+
Safety
2.5 / 5.0
0 violent crimes/100K
B+
Education
3.7 / 5.0
33.4% bachelor's degree or higher

Housing Overview

Median Home Value
$274,700
3% below
US avg: $281,900
Median Rent
$1,172/mo
1% above
US avg: $1,163/mo
Homeownership Rate
82.1%
26% above US avg (65.4%)
Total Housing Units
811
Median year built: 1984

Home Value by Source

Census Median
$274,700
Zillow (ZHVI)
$282,935
Median Sale Price
$335,000
Median List Price
$325,000
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

82.1%
Owner-Occupied
17.9%
Renter-Occupied
82%
18%
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: $1,172/mo

Market Indicators (Redfin)

Median Days on Market
144 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
3
Price Drops
17.9%
of listings with price reduction
Price Per Sq Ft
$173
Active Inventory
28
homes for sale

Affordability & Housing Stock

Rent Burden
30.4%
of renters spending 30%+ of income on housing
2% below US avg (31.0%)
Median Year Built
1984
Average age of housing stock: 42 years
Homeownership Rate
82.1%

Complete Housing Data

Home Values

Census Median Value$274,700
Zillow Home Value (ZHVI)$282,935
Median Sale Price$335,000
Median List Price$325,000
Price Per Sq Ft$173

Rent

Census Median Rent$1,172
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 Market144
Sale-to-List Ratio1.0%
Price Drops17.9%
Homes Sold3
Active Inventory28
Price Per Sq Ft$173

Ownership & Stock

Owner-Occupied82.1%
Renter-Occupied17.9%
Homeownership Rate82.1%
Total Housing Units811
Median Year Built1984
Rent Burden30.4%