Alvin, Texas Housing Market Prices
Alvin Home Prices and Rent at a Glance
The median home price (often called the average home price), rent costs, affordability metrics, and housing stock characteristics for this housing market.
-
Median home price 8% above the Texas median$279,552
-
Median rent 13% below the Texas median$1,216
Housing Market Overview
| Metric | Alvin | Texas Avg | US Average |
|---|---|---|---|
| Median Home Price | $279,552 | $258,873 | $248,835 |
| Price Trend (Annual %) | 11.5% | 9.2% | 7.5% |
| Median Gross Rent | $1,216 | $1,402 | $1,407 |
| Rent Trend (Annual %) | 5.6% | 5.6% | 5.1% |
| Household Income Trend (Annual %) | — | — | — |
The median home price in Alvin is about 8% higher than in Texas. Rent is about 13% lower than the Texas average.
Median Home and Rent Price Trends
Median Home Prices, 2015-2024
Median Rent Prices, 2015-2024
Both home prices and rent are rising in Alvin, up about 11.5% and 5.6% a year respectively. Home prices are changing faster.
Median rent in Alvin rose about 51.5% between 2015 and 2024, from $803 to $1,216. Over the same span, rent in Texas rose about 59.1%.
Affordability
On average, housing unit costs 4.2 yearly household incomes in Alvin.
Buying the median-priced home in Alvin costs roughly 19.2 years of rent at the median monthly rate. That is a moderate price-to-rent ratio, where buying and renting are often similarly cost-effective in Alvin. The price-to-rent ratio in Texas is about 15.4.
| Metric | Alvin | Texas Avg | US Average |
|---|---|---|---|
| Median Home Price | $279,552 | $258,873 | $248,835 |
| Median Household Income | $66,565 | $78,939 | $80,455 |
| Price-to-Income Ratio | 4.2 | 3.3 | 3.1 |
Home Prices vs Income Over Time
Between 2015 and 2024, the median home price in Alvin rose about 64.1%, while median household income rose about 39.0% between 2009 and 2025 — the home price grew faster than income.
Income Growth vs Housing Cost Growth (Year-over-Year %)
Compare income and housing cost trends.
Occupancy & Tenure
| Metric | Alvin | Texas Avg | US Average |
|---|---|---|---|
| Homeownership Rate | 52.2% | 56.7% | 58.5% |
| Rental Rate | 32.6% | 33.9% | 31.2% |
| Vacancy Rate | 15.2% | 9.4% | 10.2% |
| Median Tenure (years) | 11.0 | 14.0 | 15.0 |
| Median Year Moved In | 2015 | 2012 | 2011 |
Alvin has a homeownership rate of 52.2%, lower than the Texas average of 56.7%. Its housing vacancy rate is 15.2%, compared with 9.4% in Texas.
Housing Stock
| Metric | Alvin | Texas Avg | US Average |
|---|---|---|---|
| Average Household Size | 2.66 people | 2.69 people | 2.53 people |
| Median Structure Built Year | 1982 | 1990 | 1978 |
| Median Number of Rooms | 5.0 | 5.4 | 5.5 |
The typical housing unit in Alvin was built around 1982. On average, 2.7 people live in a home with about 5.0 rooms, staying for about 11.0 years on average.
Alvin, TX Housing Compared With Nearby Cities
How Alvin, TX compares with the 1 cities closest to it.
| Area | Population | Median home price | Median rent | Homeownership |
|---|---|---|---|---|
| Alvin, TX | 20,839 | $279,552 #1/2 | $1,216 #2/2 | 61.5% #2/2 |
| Friendswood, TX | 40,186 | $69,417 | $1,561 | 75.1% |
Frequently Asked Questions
Common questions about the housing market in Alvin, Texas.
What is the median home price in Alvin, Texas?
The median home price in Alvin, Texas is $279,552, higher than the Texas average of $258,873.
What is the average home price in Alvin, Texas?
The typical home price in Alvin, Texas, reported as the median sale price, is $279,552. The median is used instead of a mathematical average because it is not skewed by a small number of very expensive or very cheap homes, so it better reflects what a typical buyer pays.
What is the median rent in Alvin, Texas?
The median gross rent in Alvin, Texas is $1,216 per month, lower than the Texas average of $1,402.
What was the median gross rent in Alvin in 2020?
In 2020, the median gross rent in Alvin, Texas was $1,063 per month.
What is the price-to-rent ratio in Alvin, Texas?
The price-to-rent ratio in Alvin, Texas is about 19.2, meaning it would take roughly 19.2 years of rent payments at the median rent to equal the median home price. That is a moderate price-to-rent ratio, where buying and renting are often similarly cost-effective in Alvin.
Are home prices or rent rising faster in Alvin, Texas?
Both home prices and rent are rising in Alvin, up about 11.5% and 5.6% a year respectively. Home prices are changing faster.
What is the homeownership rate in Alvin, Texas?
52.2% of households in Alvin, Texas own their home, lower than the Texas average of 56.7%.
What is the vacancy rate in Alvin, Texas?
The housing vacancy rate in Alvin, Texas is 15.2%, higher than the Texas average of 9.4%.
Analyze any area in the US
Get local demographics for any address, aggregated by drive time or radius, on the interactive map.
Explore the map →