Location: Live Oak County, TX | Metro: Bee County, TX
| Unit Size | Monthly FMR |
|---|---|
| Studio | $950 |
| 1 Bedroom | $960 |
| 2 Bedrooms | $1,250 |
| 3 Bedrooms | $1,540 |
| 4 Bedrooms | $1,640 |
| 5 Bedrooms | $1,902 |
| 6 Bedrooms | $2,130 |
| 7 Bedrooms | $2,300 |
| 8 Bedrooms | $2,415 |
U.S. Census Bureau data (2024)
The real estate landscape in ZIP code 78102, characterized by a median home value of $166,675, signals a market where pricing power remains relatively stable over the next 12-24 months. The fact that only 0.2% of listings have been reduced indicates a sellers' market, where homes are generally valued at their asking price without significant concessions. This trend, coupled with the unavailability of median days on market (DOM) data, suggests that homes are selling quickly, often before reaching a stage where they need to be re-priced.
On the rental side, the Federal Market Rent (FMR) for ZIP 78102 is projected at $1,210 for fiscal year 2026, compared to the current market rate of $1,023 (ZORI). This discrepancy implies that there is potential for rental rates to rise towards the FMR level, indicating a positive outlook for long-term rental investments. Landlords and small-portfolio investors can expect to see an upward trend in rental income as the market adjusts to align with federal standards.
For long-hold investors, the realistic appreciation thesis in ZIP 78102 is grounded in the expectation that property values will continue to rise, albeit at a modest pace. The stability in home values and the quick turnover of listings suggest a steady demand, which supports gradual appreciation rather than sharp fluctuations. Investors should anticipate that while immediate returns might be limited, the long-term growth trajectory is favorable, driven by a balanced market and the potential for rental income increases.
To summarize, the current median home value, the low percentage of reduced listings, and the anticipated increase in rental rates all point to a market where pricing power is maintained, and long-term investment holds promise. The setup implies a scenario where patience and strategic planning can yield positive outcomes for those invested in the area.
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.