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Wake Village, TX

Full City Profile · Texas · Bowie County County

3.4 /5.0
B Good
5,887 Population 1,969/sq mi density
$69,796 Median Income $31,158 per capita
$172,900 Home Value $199,264 Zillow
$1,061 Median Rent 24.9% income on rent
64°F Avg Temperature 304 sunny days/yr
517 Violent Crime/100K 1,440 property/100K
B
Overall
3.4 / 5.0
Good overall score based on economy, affordability, safety and education
A
Economy
4.1 / 5.0
$69,796 median income, 1.5% unemployment
A+
Affordability
5.0 / 5.0
$172,900 home value, $1,061/mo rent
F
Safety
1.0 / 5.0
517 violent crimes/100K (36% above avg)
B
Education
3.3 / 5.0
28.8% bachelor's degree or higher

Housing Overview

Median Home Value
$172,900
39% below
US avg: $281,900
Median Rent
$1,061/mo
9% below
US avg: $1,163/mo
Homeownership Rate
54.4%
17% below US avg (65.4%)
Total Housing Units
2,413
Median year built: 1985

Home Value by Source

Census Median
$172,900
Zillow (ZHVI)
$199,264
Median Sale Price
$275,000
Median List Price
$186,500
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

54.4%
Owner-Occupied
45.6%
Renter-Occupied
54%
46%
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: $1,061/mo

Market Indicators (Redfin)

Median Days on Market
99 days
Sale-to-List Ratio
0.0%
Buyers market
Homes Sold
1
Price Drops
27.0%
of listings with price reduction
Price Per Sq Ft
$143
Active Inventory
37
homes for sale

Affordability & Housing Stock

Rent Burden
24.9%
of renters spending 30%+ of income on housing
20% below US avg (31.0%)
Median Year Built
1985
Average age of housing stock: 41 years
Homeownership Rate
54.4%

Complete Housing Data

Home Values

Census Median Value$172,900
Zillow Home Value (ZHVI)$199,264
Median Sale Price$275,000
Median List Price$186,500
Price Per Sq Ft$143

Rent

Census Median Rent$1,061
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 Market99
Sale-to-List Ratio0.0%
Price Drops27.0%
Homes Sold1
Active Inventory37
Price Per Sq Ft$143

Ownership & Stock

Owner-Occupied54.4%
Renter-Occupied45.6%
Homeownership Rate54.4%
Total Housing Units2,413
Median Year Built1985
Rent Burden24.9%