Morgan Farm, TX housing market
Home prices around Morgan Farm have risen about 69% over the past 5 years.
Home values, sales, trends and how Morgan Farm compares with the towns next door — updated as new data is published.
Home prices up 69% in 5 years
The federal house price index for the ZIP code around Morgan Farm rose 69% over the past 5 years, faster than across Texas (43%). Last year prices rose 9.6%.
Show as a table
| Year | Change that year | Since 2002 | Texas since 2002 |
|---|---|---|---|
| 2025 | +9.6% | +218% | +170% |
| 2024 | +9% | +190% | +168% |
| 2023 | +16% | +166% | +162% |
| 2022 | +16% | +130% | +151% |
| 2021 | +5.2% | +98% | +112% |
| 2020 | +12% | +88% | +88% |
| 2019 | +7.5% | +68% | +82% |
| 2018 | −4.6% | +56% | +74% |
| 2017 | +2% | +64% | +64% |
| 2016 | +7.7% | +61% | +54% |
| 2015 | +14% | +49% | +44% |
| 2014 | −4.8% | +31% | +35% |
| 2013 | +7.5% | +37% | +25% |
| 2012 | +6.7% | +28% | +20% |
| 2011 | −14% | +20% | +19% |
| 2010 | +8.8% | +39% | +21% |
| 2009 | +8.5% | +28% | +22% |
| 2008 | −7.8% | +18% | +23% |
| 2007 | +6.9% | +28% | +21% |
| 2006 | +10% | +20% | +16% |
| 2005 | −0.7% | +8.8% | +9.1% |
| 2004 | +7.3% | +9.6% | +4.4% |
| 2003 | +2.2% | +2.2% | +2.1% |
| 2002 | — | — | — |
Federal Housing Finance Agency House Price Index (annual, developmental) for ZIP code 78387, weighted by land area. It tracks repeat sales and appraisals of the same homes, so it shows how prices changed, not what homes cost.
Morgan Farm and its neighbors
| Town | Typical value | 1-yr change | 2-bed rent | New homes 2025 | Median income |
|---|---|---|---|---|---|
| Morgan Farm | — | +9.6%† | $1,260 | — | $58,088 |
| Sinton | $169K | +3.4% | $1,260 | 109 | $51,701 |
| Del Sol | — | +9.6%† | $1,260 | — | $53,182 |
† FHFA price index change, where Zillow has no home value for the town.
Owners, rent & taxes
U.S. Census Bureau, ACS 2020-2024 · figures for a place this size carry wide margins of error.
A two-bedroom rents for about $1,260
HUD's Fair Market Rent for a two-bedroom in Morgan Farm is $1,260 a month, utilities included: roughly what a modest, recently rented unit costs.
Studio $950 · 4 bedrooms $1,910
U.S. Department of Housing and Urban Development, FY2026 Fair Market Rents by ZIP code (78387; Corpus Christi, TX HUD Metro FMR Area), weighted by land area. A Fair Market Rent is the 40th-percentile rent plus utilities for a standard unit. Median rent: U.S. Census Bureau, American Community Survey.
Home values: Zillow Home Value Index (ZHVI), Zillow Research. Sales, days on market and supply: Redfin Data Center. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. Price trend: Federal Housing Finance Agency House Price Index. Fair Market Rents: U.S. Department of Housing and Urban Development. Listings link to their publishers.