Location: Cherokee County, TX | Metro: Cherokee County, TX
| Unit Size | Monthly FMR |
|---|---|
| Studio | $880 |
| 1 Bedroom | $910 |
| 2 Bedrooms | $1,160 |
| 3 Bedrooms | $1,480 |
| 4 Bedrooms | $1,680 |
| 5 Bedrooms | $1,949 |
| 6 Bedrooms | $2,183 |
| 7 Bedrooms | $2,358 |
| 8 Bedrooms | $2,476 |
U.S. Census Bureau data (2024)
The market in ZIP 75759 is currently defined by a fixed snapshot rather than a dynamic trend, due to the lack of time-series data. However, the Fair Market Rent (FMR) of $1,110 for the fiscal year 2026 provides a key benchmark. With the market rent being listed as N/A, it suggests that there might be limited recent data available to compare against the FMR, indicating a potential gap in current market activity or reporting.
The absence of figures for price-cut share and days on market (DOM) further complicates a full analysis of the supply-demand balance. Typically, these metrics would offer insights into whether properties are selling quickly or if there's a surplus of listings leading to prolonged sale periods and reduced asking prices. In ZIP 75759, without these specifics, we can't definitively state whether supply outpaces demand or vice versa. The median home value also remains unspecified, leaving another critical piece of the puzzle incomplete.
A notable aspect of the ZIP code's housing landscape is the 2.6% renter share. This relatively low percentage indicates that homeownership is prevalent, which could imply lower immediate pressure on rental markets. However, it also points towards a potentially constrained rental market, suggesting that any increase in demand could rapidly elevate rental prices and occupancy rates. Landlords and small-portfolio investors should consider this context when evaluating the potential for rental income growth in the area.
In summary, while ZIP 75759 presents a market with a known FMR but lacking in other key indicators, the low renter share suggests a strong homeowner base. This implies a stable but possibly underdeveloped rental market, ripe for strategic investment with an eye toward future shifts in housing demand. The dynamics of the market remain somewhat opaque without additional data, emphasizing the need for ongoing vigilance and research.
Data Sources: FMR data from HUD (2027). Demographics from U.S. Census (2024).
About FMR: Fair Market Rent (FMR) is used to determine payment standards for the Section 8 Housing Choice Voucher program, initial renewal rents for some expiring project-based Section 8 contracts, and rent ceilings for HOME Investment Partnerships.