Armstrong County, Texas Housing Market Prices
Armstrong County 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.
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Median home price 8% below the Texas median$237,499
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Median rent 27% below the Texas median$1,021
Median Home Price Map: Nearby Counties
Housing Market Overview
| Metric | Armstrong County | Texas Avg | US Average |
|---|---|---|---|
| Median Home Price | $237,499 | $258,873 | $248,835 |
| Price Trend (Annual %) | 85.1% | 9.2% | 7.5% |
| Median Gross Rent | $1,021 | $1,402 | $1,407 |
| Rent Trend (Annual %) | 4.5% | 5.6% | 5.1% |
| Household Income Trend (Annual %) | — | — | — |
The median home price in Armstrong County is about 8% lower than in Texas. Rent is about 27% lower than the Texas average.
Median Home and Rent Price Trends
Median Home Prices, 2016-2024
Median Rent Prices, 2015-2024
Both home prices and rent are rising in Armstrong County, up about 85.1% and 4.5% a year respectively. Home prices are changing faster.
Median rent in Armstrong County rose about 44.2% between 2015 and 2024, from $708 to $1,021. Over the same span, rent in Texas rose about 59.1%.
Affordability
On average, housing unit costs 3.2 yearly household incomes in Armstrong County.
Buying the median-priced home in Armstrong County costs roughly 19.4 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 Armstrong County. The price-to-rent ratio in Texas is about 15.4.
| Metric | Armstrong County | Texas Avg | US Average |
|---|---|---|---|
| Median Home Price | $237,499 | $258,873 | $248,835 |
| Median Household Income | $74,176 | $78,939 | $80,455 |
| Price-to-Income Ratio | 3.2 | 3.3 | 3.1 |
Home Prices vs Income Over Time
Between 2016 and 2024, the median home price in Armstrong County rose about 1420.0%, while median household income rose about 22.7% 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 | Armstrong County | Texas Avg | US Average |
|---|---|---|---|
| Homeownership Rate | 69.4% | 56.7% | 58.5% |
| Rental Rate | 17.2% | 33.9% | 31.2% |
| Vacancy Rate | 13.4% | 9.4% | 10.2% |
| Median Tenure (years) | 16.0 | 14.0 | 15.0 |
| Median Year Moved In | 2010 | 2012 | 2011 |
Armstrong County has a homeownership rate of 69.4%, higher than the Texas average of 56.7%. Its housing vacancy rate is 13.4%, compared with 9.4% in Texas.
Housing Stock
| Metric | Armstrong County | Texas Avg | US Average |
|---|---|---|---|
| Average Household Size | 2.31 people | 2.69 people | 2.53 people |
| Median Structure Built Year | 1977 | 1990 | 1978 |
| Median Number of Rooms | 5.3 | 5.4 | 5.5 |
The typical housing unit in Armstrong County was built around 1977. On average, 2.3 people live in a home with about 5.3 rooms, staying for about 16.0 years on average.
Armstrong County, TX Housing Compared With Nearby Counties
How Armstrong County, TX compares with the 1 counties closest to it.
| Area | Population | Median home price | Median rent | Homeownership |
|---|---|---|---|---|
| Armstrong County, TX | 1,822 | $237,499 #1/2 | $1,021 #2/2 | 80.2% #1/2 |
| Randall County, TX | 146,053 | $196,859 | $1,170 | 67.9% |
Frequently Asked Questions
Common questions about the housing market in Armstrong County, Texas.
What is the median home price in Armstrong County, Texas?
The median home price in Armstrong County, Texas is $237,499, lower than the Texas average of $258,873.
What is the average home price in Armstrong County, Texas?
The typical home price in Armstrong County, Texas, reported as the median sale price, is $237,499. 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 Armstrong County, Texas?
The median gross rent in Armstrong County, Texas is $1,021 per month, lower than the Texas average of $1,402.
What was the median gross rent in Armstrong County in 2020?
In 2020, the median gross rent in Armstrong County, Texas was $938 per month.
What is the price-to-rent ratio in Armstrong County, Texas?
The price-to-rent ratio in Armstrong County, Texas is about 19.4, meaning it would take roughly 19.4 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 Armstrong County.
Are home prices or rent rising faster in Armstrong County, Texas?
Both home prices and rent are rising in Armstrong County, up about 85.1% and 4.5% a year respectively. Home prices are changing faster.
What is the homeownership rate in Armstrong County, Texas?
69.4% of households in Armstrong County, Texas own their home, higher than the Texas average of 56.7%.
What is the vacancy rate in Armstrong County, Texas?
The housing vacancy rate in Armstrong County, Texas is 13.4%, higher than the Texas average of 9.4%.
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