Irving Home Prices: $431K, Down 1.6% — 6 ZIPs Analyzed (2026)
$431,486. That’s what a typical home costs in Irving, TX right now. Prices have slipped 1.6% over the past year, and the gap between the cheapest and most expensive ZIP codes stretches from $287K to $642K. If you’re shopping in Irving, the neighborhood you pick matters more than the citywide number.
Quick answer: The average home price in Irving, TX is $431,486 as of February 2026, down 1.6% year over year according to Zillow.
Current Home Prices in Irving
Here’s where things stand in Irving as of February 2026:
| Metric | Value |
|---|---|
| Median Home Value | $431,486 |
| Year-over-Year Change | -1.6% |
| Lowest ZIP | $286,927 (75060) |
| Highest ZIP | $642,090 (75039) |
| Number of ZIPs Tracked | 6 |
| Data As Of | February 2026 |
The -1.6% annual decline puts Irving slightly underwater compared to a year ago, but this isn’t a freefall. The drop works out to about $7,000 off the median price. For context, Irving peaked in March 2025 at around $438,324 and has gradually eased since.
The price range tells a more interesting story. A $355,000 gap separates the cheapest and priciest neighborhoods. That means two buyers in the same city could be shopping in completely different markets.
Month-over-month, prices have actually ticked up since bottoming out in August 2025 at $428,050. The recent trend suggests the decline may be losing steam.
Irving Home Prices by Neighborhood
All six Irving ZIP codes tracked, sorted from most to least expensive:
| ZIP Code | Median Home Value | Median Rent |
|---|---|---|
| 75039 | $642,090 | $1,872/mo |
| 75063 | $606,103 | $1,536/mo |
| 75038 | $461,004 | $1,384/mo |
| 75062 | $296,975 | $1,448/mo |
| 75061 | $295,815 | $1,349/mo |
| 75060 | $286,927 | $1,809/mo |
Most Expensive ZIPs
75039 leads Irving at $642,090 — nearly 49% above the city median — and also commands the highest rents at $1,872/month. 75063 follows at $606,103 with relatively moderate rents of $1,536/month, suggesting more owner-occupied housing stock. 75038 rounds out the top three at $461,004, the only other ZIP above the citywide average.
Most Affordable ZIPs
75060 is Irving’s cheapest at $286,927, yet oddly carries one of the highest rents at $1,809/month — a gap that could signal strong rental demand or limited inventory. 75061 comes in at $295,815 with the city’s lowest rents at $1,349/month. 75062 sits at $296,975, making these three ZIPs essentially interchangeable in price, all clustered below $300K.
Rent vs Buy in Irving
The rent-or-buy math in Irving currently tilts toward renting for most buyers.
| ZIP Code | Median Rent | Est. Mortgage (P&I) | Monthly Difference |
|---|---|---|---|
| 75039 | $1,872 | ~$3,424 | Rent saves $1,552 |
| 75063 | $1,536 | ~$3,232 | Rent saves $1,696 |
| 75038 | $1,384 | ~$2,459 | Rent saves $1,075 |
| 75062 | $1,448 | ~$1,584 | Rent saves $136 |
| 75061 | $1,349 | ~$1,578 | Rent saves $229 |
| 75060 | $1,809 | ~$1,530 | Buy saves $279 |
Mortgage estimates assume 20% down, 7% rate, 30-year fixed, principal and interest only. Taxes, insurance, and HOA not included.
Only one ZIP — 75060 — makes buying cheaper than renting on a pure monthly payment basis, and even there the gap is slim. In the pricier neighborhoods like 75039 and 75063, renting saves you over $1,500 a month.
Of course, mortgage payments build equity while rent does not. But with prices still falling year over year, that equity argument weakens. Buyers in Irving today need to weigh whether the -1.6% trend will reverse before their break-even point.
Population Growth and Migration
Irving’s population reached 258,060 in 2024. Growth has been modest — just 0.4% over four years.
| Year | Population |
|---|---|
| 2020 | 256,907 |
| 2021 | 254,526 |
| 2022 | 255,420 |
| 2023 | 257,509 |
| 2024 | 258,060 |
The city actually lost residents in 2021, dropping by about 2,400 people. It has recovered since, adding back roughly 3,500 from the 2021 low. Still, net growth over the full four-year period is only about 1,153 people.
Compared to other Texas cities, Irving is growing far more slowly:
| City | 2024 Population | 4-Year Growth |
|---|---|---|
| Fort Worth | 1,008,106 | 9.1% |
| San Antonio | 1,526,656 | 6.1% |
| Lubbock | 272,086 | 5.4% |
| Houston | 2,390,125 | 4.0% |
| Austin | 993,588 | 2.9% |
| Irving | 258,060 | 0.4% |
Fort Worth is growing at 23 times Irving’s rate. Even Austin, which has seen its own housing market cool, is adding residents nearly seven times faster. Slow population growth typically means less pressure on housing demand, which helps explain why prices have softened.
Irving Housing Market Trends
Here’s how Irving’s median home value has moved month by month:
| Month | Median Value | Change from Prior Month |
|---|---|---|
| Mar 2025 | $438,324 | — |
| Apr 2025 | $436,373 | -$1,951 |
| May 2025 | $433,968 | -$2,405 |
| Jun 2025 | $431,331 | -$2,637 |
| Jul 2025 | $429,160 | -$2,171 |
| Aug 2025 | $428,050 | -$1,110 |
| Sep 2025 | $428,131 | +$81 |
| Oct 2025 | $428,839 | +$708 |
| Nov 2025 | $429,796 | +$957 |
| Dec 2025 | $430,897 | +$1,101 |
| Jan 2026 | $431,334 | +$437 |
| Feb 2026 | $431,486 | +$152 |
The pattern is clear: Irving prices fell steadily from March through August 2025, losing about $10,300 over five months. Then the market turned. Since September, prices have climbed for six consecutive months.
But the recovery is slowing. The monthly gains went from $1,101 in December to just $152 in February. The bounce-back has covered roughly $3,400 of the $10,300 decline — about a third.
Is Irving a Good Place to Buy in 2026?
The data points to a market in transition. Prices are no longer falling, but they’re barely rising either.
Buyers have a few things working in their favor. The 1.6% annual decline means you’re paying less than someone who bought a year ago. Slow population growth — just 0.4% over four years — means housing demand isn’t spiking. And rent-to-buy ratios in most ZIPs favor renting, which keeps some potential buyers on the sidelines and reduces competition.
Sellers face a tougher picture. The six-month uptrend is real but losing momentum fast. February’s gain of $152 is essentially flat.
If you find a home under $300K in the 75060, 75061, or 75062 ZIPs, you’re buying well below the city average. Those neighborhoods offer the best value relative to the broader Irving market.
Irving Housing Market Outlook for 2026-2027
The six-month upward trend that started in September 2025 appears to be flattening. Monthly gains shrank from $1,101 in December to $152 in February — the recovery is running out of steam.
If the current pace continues, Irving prices may stabilize in the $430K-$435K range through mid-2026. A return to the March 2025 high of $438K seems unlikely without a shift in demand.
The 3-month trend from December through February shows gains averaging about $560 per month. At that rate, prices would reach roughly $435K by summer — still below last year’s peak. With population growth nearly flat and renting cheaper than buying in five of six ZIPs, there’s little upward pressure on the market.
Similar Markets in TX
If you’re considering Irving, these Texas cities may also be worth a look:
- Dallas — Irving’s next-door neighbor in the same metro area, worth comparing side by side.
- Grand Prairie — Sits between Irving and Arlington, another mid-cities option.
- Houston — Texas’s largest city, with a much bigger range of neighborhoods and price points.
- San Antonio — Growing 6.1% over four years with potentially lower prices for buyers seeking affordability.
- El Paso — A far more affordable market for buyers willing to relocate within Texas.
Frequently Asked Questions
What is the average home price in Irving?
The average home price in Irving is $431,486 as of February 2026. Prices range widely by neighborhood, from $286,927 in ZIP 75060 to $642,090 in ZIP 75039. The citywide figure is a useful benchmark, but you’ll want to drill into specific ZIPs.
Are home prices going up or down in Irving?
Prices are down 1.6% compared to a year ago. However, they’ve been rising month over month since September 2025 — six straight months of small gains. The annual number still reads negative because prices fell sharply from March through August 2025.
Is it cheaper to rent or buy in Irving?
Renting is cheaper in five of Irving’s six ZIP codes. The average rent across the city runs about $1,566/month, while a mortgage on the median home (20% down, 7% rate) costs roughly $2,296/month in principal and interest alone. ZIP 75060 is the only area where buying is slightly cheaper than renting.
What is the most affordable neighborhood in Irving?
ZIP code 75060 has the lowest home values at $286,927 — roughly 34% below the citywide median of $431,486. Nearby ZIPs 75061 ($295,815) and 75062 ($296,975) are also under $300K, giving budget-conscious buyers three neighborhoods to explore on the south side of the city.
Methodology
Home values are based on the Zillow Home Value Index (ZHVI), a smoothed measure of typical home values in the 35th to 65th percentile range. Rent estimates use the Zillow Observed Rent Index (ZORI). Population figures come from the U.S. Census Bureau Population Estimates Program (2020-2024 vintage). All datasets are publicly available. Housing data updated 2026-02-28.