A typical Point home is worth roughly $159,000
Home prices around Point have risen about 54% over the past 5 years. Builders were permitted 3 new homes in 2025.
What kind of housing town is Point?
Read from the numbers below. The page puts what stands out first.
A typical home costs 2.3 years of income
Less than across Texas (3.8 years). Try your own numbers below.
That covers a typical Point home, with $89K to spare.
A two-bedroom rents for about $970 a month here, $60 less than owning.
An estimate, not a loan offer: payments of up to 28% of income, a 30-year fixed loan, Point’s typical property tax (1.50% of value a year, from the Census) and insurance of about 0.35%. Mortgage insurance, HOA fees and other debts aren’t included.
Home prices up 54% in 5 years
The federal house price index for the ZIP code around Point rose 54% over the past 5 years, faster than across Texas (43%). Last year prices fell 6.4%.
Federal Housing Finance Agency House Price Index (annual) for the ZIP codes around Point, weighted by land area. It tracks repeat sales of the same homes, so it shows how prices changed, not what homes cost.
A two-bedroom rents for about $970
Renters already here pay a median of $855, so moving in tends to cost more than staying put.
Fair Market Rent a month, utilities included
U.S. Department of Housing and Urban Development, Fair Market Rents by ZIP code (Hopkins County, TX): the 40th-percentile rent plus utilities for a standard unit. Median rent and renters: U.S. Census Bureau, American Community Survey.
3 new homes permitted in 2025
Builders were permitted 3 new homes in Point in 2025, all single-family houses. Over the past 10 years, Point has permitted 26 homes in all.
Every year as a table
| Year | New homes | Single-family | 2+ per building | Value |
|---|---|---|---|---|
| 2026 (Jan–Aug) | 2 | 2 | 0 | $573,000 |
| 2025 | 3 | 3 | 0 | $888,000 |
| 2024 | 8 | 8 | 0 | $2.3 million |
| 2023 | 11 | 11 | 0 | $3.2 million |
| 2022 | 4 | 4 | 0 | $176,000 |
| 2021 | 0 | 0 | 0 | — |
| 2020 | 0 | 0 | 0 | — |
| 2019 | 0 | 0 | 0 | — |
| 2018 | 0 | 0 | 0 | — |
| 2017 | 0 | 0 | 0 | — |
| 2016 | 0 | 0 | 0 | — |
| 2015 | 0 | 0 | 0 | — |
| 2014 | 0 | 0 | 0 | — |
| 2013 | 0 | 0 | 0 | — |
| 2012 | 0 | 0 | 0 | — |
Homes authorized by building permits, counted in the year the permit was issued. U.S. Census Bureau, Building Permits Survey.
54% of Point households own their home
Half of Point’s homes were built before 1985.
Texas: 63% own.
U.S. Census Bureau, American Community Survey 2020-2024 · figures for a place this size carry wide margins of error.
Neighbors talk housing
What Point buyers, sellers and renters are saying.
Your answer becomes a post in Town Square.
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. New homes: U.S. Census Bureau, Building Permits 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. The calculator is an estimate, not a loan offer.