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Gregory city, TX

ZIP 78359 — Housing & Real Estate

Source: U.S. Census Bureau ACS 2019–2023 5-Year Estimates. Page data updated 2026-08-02.

Working ClassLow Snow Area

Home values, rent, tenure, and housing stock

Housing & Real Estate in ZIP Code 78359

Median Home Value
$97,200
Median Rent
$659
Affordability Snapshot
$27,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$624/mo PITI).

22%
Rent-to-Income Ratio

Below the 30% threshold — generally affordable for median earners.

2.7x
Home Price-to-Income Ratio

Below 3x — relatively affordable housing market.

12.3 yrs
Price-to-Rent Ratio

Years to break even buying vs renting at median home value and rent.

To comfortably buy a median-priced home in ZIP 78359 in Gregory city, TX, a household would need roughly $27,000 in annual income under a 20% down, 30-year loan at 6.8% (illustrative), keeping housing costs near 28% of income. Estimated monthly PITI is about $624. That sits below the local median household income ($35,750), suggesting the typical household income is closer to a workable buy-in level under these assumptions. Rates, taxes, insurance, and HOA fees vary — treat this as a planning estimate, not a lender quote.

Housing Tenure

Vacancy rate 11% — check local market conditions.

Heating Fuel
Housing Metrics
Owner Occupied
59.4%-9% vs US avg
x
Vacancy Rate
10.8%+5% vs US avg
x
Broadband Access
63.5%-27% vs US avg
x
4+ Bedrooms
7.0%-52% vs US avg
x
Built Pre-1939
8.7%-32% vs US avg
x
Built Post-2014
2.2%-68% vs US avg
x
Rent Burden >30%
10.9%-78% vs US avg
x
Mortgage-Free
92.0%+141% vs US avg
x
$97,200
Home Value
$659
Rent
1977
Year Built
2010
Moved In

Residents have lived here since ~2010 on average

Housing Structure

Census ACS structure types (single-family, multi-unit, etc.).

  • 1-unit detached78.2%
  • 1-unit attached0.0%
  • 2-9 units17.0%
  • 10+ units2.8%
  • Mobile home & other2.1%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$97,200
Median rent$659
Owner-occupied59.4%
Vacant10.8%
Price-to-income2.7x
Est. income to buy$27,000