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Devine city, TX

ZIP 78016 — Housing & Real Estate

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

Working ClassLow Snow AreaRemote Work Hub

Home values, rent, tenure, and housing stock

Housing & Real Estate in ZIP Code 78016

Median Home Value
$173,600
Median Rent
$599
Affordability Snapshot
$48,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$1,115/mo PITI).

12%
Rent-to-Income Ratio

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

3.0x
Home Price-to-Income Ratio

Within the typical 3-5x range for home affordability.

24.2 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 78016 in Devine city, TX, a household would need roughly $48,000 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 $1,115. That sits below the local median household income ($57,609), 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

Owner-occupied majority; balanced tenure mix.

Heating Fuel
Housing Metrics
Owner Occupied
78.2%+20% vs US avg
x
Vacancy Rate
9.7%-5% vs US avg
x
Broadband Access
76.3%-12% vs US avg
x
4+ Bedrooms
1.2%-92% vs US avg
x
Built Pre-1939
3.2%-75% vs US avg
x
Built Post-2014
1.4%-79% vs US avg
x
Rent Burden >30%
23.2%-53% vs US avg
x
Mortgage-Free
63.3%+66% vs US avg
x
$173,600
Home Value
$599
Rent
1987
Year Built
2011
Moved In

Residents have lived here since ~2011 on average

Housing Structure

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

  • 1-unit detached65.9%
  • 1-unit attached0.9%
  • 2-9 units5.6%
  • 10+ units4.4%
  • Mobile home & other23.1%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$173,600
Median rent$599
Owner-occupied78.2%
Vacant9.7%
Price-to-income3.0x
Est. income to buy$48,000