Castro County, Texas Housing Market Prices
Castro 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.
-
Median home price 14% below the Texas median$223,484
-
Median rent 36% below the Texas median$895
Median Home Price Map: Nearby Counties
Housing Market Overview
| Metric | Castro County | Texas Avg | US Average |
|---|---|---|---|
| Median Home Price | $223,484 | $258,873 | $248,835 |
| Price Trend (Annual %) | 577.3% | 9.2% | 7.5% |
| Median Gross Rent | $895 | $1,402 | $1,407 |
| Rent Trend (Annual %) | 4.3% | 5.6% | 5.1% |
| Household Income Trend (Annual %) | — | — | — |
The median home price in Castro County is about 14% lower than in Texas. Rent is about 36% lower than the Texas average.
Median Home and Rent Price Trends
Median Home Prices, 2017-2022
Median Rent Prices, 2015-2024
Both home prices and rent are rising in Castro County, up about 577.3% and 4.3% a year respectively. Home prices are changing faster.
Median rent in Castro County rose about 33.6% between 2015 and 2024, from $670 to $895. Over the same span, rent in Texas rose about 59.1%.
Affordability
On average, housing unit costs 4.2 yearly household incomes in Castro County.
Buying the median-priced home in Castro County costs roughly 20.8 years of rent at the median monthly rate. That is a relatively high price-to-rent ratio, which tends to favor renting over buying in Castro County. The price-to-rent ratio in Texas is about 15.4.
| Metric | Castro County | Texas Avg | US Average |
|---|---|---|---|
| Median Home Price | $223,484 | $258,873 | $248,835 |
| Median Household Income | $53,146 | $78,939 | $80,455 |
| Price-to-Income Ratio | 4.2 | 3.3 | 3.1 |
Home Prices vs Income Over Time
Between 2017 and 2022, the median home price in Castro County rose about 4370.1%, while median household income rose about 55.9% 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 | Castro County | Texas Avg | US Average |
|---|---|---|---|
| Homeownership Rate | 50.7% | 56.7% | 58.5% |
| Rental Rate | 29.1% | 33.9% | 31.2% |
| Vacancy Rate | 20.2% | 9.4% | 10.2% |
| Median Tenure (years) | 18.0 | 14.0 | 15.0 |
| Median Year Moved In | 2008 | 2012 | 2011 |
Castro County has a homeownership rate of 50.7%, lower than the Texas average of 56.7%. Its housing vacancy rate is 20.2%, compared with 9.4% in Texas.
Housing Stock
| Metric | Castro County | Texas Avg | US Average |
|---|---|---|---|
| Average Household Size | 3.00 people | 2.69 people | 2.53 people |
| Median Structure Built Year | 1967 | 1990 | 1978 |
| Median Number of Rooms | 5.4 | 5.4 | 5.5 |
The typical housing unit in Castro County was built around 1967. On average, 3.0 people live in a home with about 5.4 rooms, staying for about 18.0 years on average.
Castro County, TX Housing Compared With Nearby Counties
Castro County, TX is the smallest of the 4 counties compared here, 7,344 residents against a local median of 18,460. The measure that sets Castro County, TX apart most is median home price: $223,484, 87% above the local median of $119,736.
The counties themselves spread $77,485 on median home price, so Castro County, TX sits at one end of an already wide local range rather than apart from it. Castro County, TX has the highest median home price of the 4 areas compared here.
| Area | Population | Median home price | Median rent | Homeownership |
|---|---|---|---|---|
| Castro County, TX | 7,344 | $223,484 #1/4 | $895 #4/4 | 63.6% #4/4 |
| Lamb County, TX | 12,828 | $119,374 | $967 | 74.0% |
| Deaf Smith County, TX | 18,460 | $119,736 | $926 | 66.8% |
| Randall County, TX | 146,053 | $196,859 | $1,170 | 67.9% |
Frequently Asked Questions
Common questions about the housing market in Castro County, Texas.
What is the median home price in Castro County, Texas?
The median home price in Castro County, Texas is $223,484, lower than the Texas average of $258,873.
What is the average home price in Castro County, Texas?
The typical home price in Castro County, Texas, reported as the median sale price, is $223,484. 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 Castro County, Texas?
The median gross rent in Castro County, Texas is $895 per month, lower than the Texas average of $1,402.
What was the median gross rent in Castro County in 2020?
In 2020, the median gross rent in Castro County, Texas was $729 per month.
What is the price-to-rent ratio in Castro County, Texas?
The price-to-rent ratio in Castro County, Texas is about 20.8, meaning it would take roughly 20.8 years of rent payments at the median rent to equal the median home price. That is a relatively high price-to-rent ratio, which tends to favor renting over buying in Castro County.
Are home prices or rent rising faster in Castro County, Texas?
Both home prices and rent are rising in Castro County, up about 577.3% and 4.3% a year respectively. Home prices are changing faster.
What is the homeownership rate in Castro County, Texas?
50.7% of households in Castro County, Texas own their home, lower than the Texas average of 56.7%.
What is the vacancy rate in Castro County, Texas?
The housing vacancy rate in Castro County, Texas is 20.2%, 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 →