Housing Market Overview
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 Map: Nearby Counties
Housing Market Overview
| Metric | Aransas County | Texas Avg | US Average |
|---|---|---|---|
| Median Home Price | $133,796 | $248,418 | $242,182 |
| Price Trend (Annual %) | -0.3% | 9.9% | 8.2% |
| Median Gross Rent | $1,052 | $1,338 | $1,342 |
| Rent Trend (Annual %) | 4.2% | 5.7% | 5.1% |
| Household Income Trend (Annual %) | — | — | — |
The median home price in Aransas County is about 46% lower than in Texas. Rent is about 21% lower than the Texas average.
Median Home and Rent Price Trends
Median Home Prices, 2015-2023
Median Rent Prices, 2015-2023
Home prices and rent are moving in opposite directions in Aransas County: home prices fell about 0.3% a year while rent rose about 4.2% a year. That is an unusual pattern worth watching.
Median rent in Aransas County rose about 28.1% between 2015 and 2023, from $822 to $1,052. Over the same span, rent in Texas rose about 51.9%.
Affordability
On average, housing unit costs 2.2 yearly household incomes in Aransas County.
Buying the median-priced home in Aransas County costs roughly 10.6 years of rent at the median monthly rate. That is a relatively low price-to-rent ratio, which tends to favor buying over renting in Aransas County. The price-to-rent ratio in Texas is about 15.5.
| Metric | Aransas County | Texas Avg | US Average |
|---|---|---|---|
| Median Home Price | $133,796 | $248,418 | $242,182 |
| Median Household Income | $62,022 | $76,510 | $78,145 |
| Price-to-Income Ratio | 2.2 | 3.2 | 3.1 |
Home Prices vs Income Over Time
Between 2015 and 2023, the median home price in Aransas County fell about 20.6%, while median household income rose about 48.5% between 2009 and 2023 — income grew faster than the home price.
Income Growth vs Housing Cost Growth (Year-over-Year %)
Compare income and housing cost trends.
Occupancy & Tenure
| Metric | Aransas County | Texas Avg | US Average |
|---|---|---|---|
| Homeownership Rate | 57.7% | 56.5% | 58.2% |
| Rental Rate | 16.6% | 33.8% | 31.3% |
| Vacancy Rate | 25.7% | 9.6% | 10.6% |
| Median Tenure (years) | 14.0 | 14.0 | 15.0 |
| Median Year Moved In | 2012 | 2012 | 2011 |
Aransas County has a homeownership rate of 57.7%, higher than the Texas average of 56.5%. Its housing vacancy rate is 25.7%, compared with 9.6% in Texas.
Housing Stock
| Metric | Aransas County | Texas Avg | US Average |
|---|---|---|---|
| Average Household Size | 2.06 people | 2.70 people | 2.54 people |
| Median Structure Built Year | 1994 | 1989 | 1978 |
| Median Number of Rooms | 5.0 | 5.4 | 5.5 |
The typical housing unit in Aransas County was built around 1994. On average, 2.1 people live in a home with about 5.0 rooms, staying for about 14.0 years on average.
Frequently Asked Questions
Common questions about the housing market in Aransas County, Texas.
What is the median home price in Aransas County, Texas?
The median home price in Aransas County, Texas is $133,796, lower than the Texas average of $248,418.
What is the average home price in Aransas County, Texas?
The typical home price in %s, reported as the median sale price, is %s. 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 Aransas County, Texas?
The median gross rent in Aransas County, Texas is $1,052 per month, lower than the Texas average of $1,338.
What was the median gross rent in Aransas County in 2020?
In 2020, the median gross rent in Aransas County, Texas was $826 per month.
What is the price-to-rent ratio in Aransas County, Texas?
The price-to-rent ratio in Aransas County, Texas is about 10.6, meaning it would take roughly 10.6 years of rent payments at the median rent to equal the median home price. That is a relatively low price-to-rent ratio, which tends to favor buying over renting in Aransas County.
Are home prices or rent rising faster in Aransas County, Texas?
Home prices and rent are moving in opposite directions in Aransas County: home prices fell about 0.3% a year while rent rose about 4.2% a year. That is an unusual pattern worth watching.
What is the homeownership rate in Aransas County, Texas?
57.7% of households in Aransas County, Texas own their home, higher than the Texas average of 56.5%.
What is the vacancy rate in Aransas County, Texas?
The housing vacancy rate in Aransas County, Texas is 25.7%, higher than the Texas average of 9.6%.