Borden County, Texas Housing Market Prices
Borden 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 87% below the Texas median Cheaper than 94% of counties in Texas$32,999
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Median rent 76% below the Texas median Among the top 3 cheapest counties in Texas$341
Median Home Price Map: Nearby Counties
Housing Market Overview
| Metric | Borden County | Texas Avg | US Average |
|---|---|---|---|
| Median Home Price | $32,999 | $258,873 | $248,835 |
| Price Trend (Annual %) | 1.9% | 9.2% | 7.5% |
| Median Gross Rent | $341 | $1,402 | $1,407 |
| Rent Trend (Annual %) | -14.1% | 5.6% | 5.1% |
| Household Income Trend (Annual %) | — | — | — |
The median home price in Borden County is about 87% lower than in Texas. Rent is about 76% lower than the Texas average.
Median Home and Rent Price Trends
Median Home Prices, 2017-2021
Median Rent Prices, 2015-2024
Home prices and rent are moving in opposite directions in Borden County: home prices rose about 1.9% a year while rent fell about 14.1% a year. That is an unusual pattern worth watching.
Median rent in Borden County fell about 63.5% between 2015 and 2024, from $933 to $341. Over the same span, rent in Texas rose about 59.1%.
Affordability
On average, housing unit costs 0.5 yearly household incomes in Borden County.
Buying the median-priced home in Borden County costs roughly 8.1 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 Borden County. The price-to-rent ratio in Texas is about 15.4.
| Metric | Borden County | Texas Avg | US Average |
|---|---|---|---|
| Median Home Price | $32,999 | $258,873 | $248,835 |
| Median Household Income | $71,015 | $78,939 | $80,455 |
| Price-to-Income Ratio | 0.5 | 3.3 | 3.1 |
Home Prices vs Income Over Time
Between 2017 and 2021, the median home price in Borden County rose about 7.8%, while median household income rose about 36.8% between 2009 and 2025 — 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 | Borden County | Texas Avg | US Average |
|---|---|---|---|
| Homeownership Rate | 43.8% | 56.7% | 58.5% |
| Rental Rate | 22.3% | 33.9% | 31.2% |
| Vacancy Rate | 34.0% | 9.4% | 10.2% |
| Median Tenure (years) | 20.0 | 14.0 | 15.0 |
| Median Year Moved In | 2006 | 2012 | 2011 |
Borden County has a homeownership rate of 43.8%, lower than the Texas average of 56.7%. Its housing vacancy rate is 34.0%, compared with 9.4% in Texas.
Housing Stock
| Metric | Borden County | Texas Avg | US Average |
|---|---|---|---|
| Average Household Size | 2.93 people | 2.69 people | 2.53 people |
| Median Structure Built Year | 1971 | 1990 | 1978 |
| Median Number of Rooms | 5.1 | 5.4 | 5.5 |
The typical housing unit in Borden County was built around 1971. On average, 2.9 people live in a home with about 5.1 rooms, staying for about 20.0 years on average.
Borden County, TX Housing Compared With Nearby Counties
How Borden County, TX compares with the 1 counties closest to it.
| Area | Population | Median home price | Median rent | Homeownership |
|---|---|---|---|---|
| Borden County, TX | 713 | $32,999 #2/2 | $341 #2/2 | 66.3% #2/2 |
| Howard County, TX | 32,290 | $223,750 | $1,034 | 69.5% |
Frequently Asked Questions
Common questions about the housing market in Borden County, Texas.
What is the median home price in Borden County, Texas?
The median home price in Borden County, Texas is $32,999, lower than the Texas average of $258,873.
What is the average home price in Borden County, Texas?
The typical home price in Borden County, Texas, reported as the median sale price, is $32,999. 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 Borden County, Texas?
The median gross rent in Borden County, Texas is $341 per month, lower than the Texas average of $1,402.
What was the median gross rent in Borden County in 2020?
In 2020, the median gross rent in Borden County, Texas was $525 per month.
What is the price-to-rent ratio in Borden County, Texas?
The price-to-rent ratio in Borden County, Texas is about 8.1, meaning it would take roughly 8.1 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 Borden County.
Are home prices or rent rising faster in Borden County, Texas?
Home prices and rent are moving in opposite directions in Borden County: home prices rose about 1.9% a year while rent fell about 14.1% a year. That is an unusual pattern worth watching.
What is the homeownership rate in Borden County, Texas?
43.8% of households in Borden County, Texas own their home, lower than the Texas average of 56.7%.
What is the vacancy rate in Borden County, Texas?
The housing vacancy rate in Borden County, Texas is 34.0%, higher than the Texas average of 9.4%.
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