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 | Chambers County | Texas Avg | US Average |
|---|---|---|---|
| Median Home Price | $117,499 | $248,418 | $242,182 |
| Price Trend (Annual %) | -2.7% | 9.9% | 8.2% |
| Median Gross Rent | $1,548 | $1,338 | $1,342 |
| Rent Trend (Annual %) | 8.9% | 5.7% | 5.1% |
| Household Income Trend (Annual %) | — | — | — |
The median home price in Chambers County is about 53% lower than in Texas. Rent is about 16% higher 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 Chambers County: home prices fell about 2.7% a year while rent rose about 8.9% a year. That is an unusual pattern worth watching.
Median rent in Chambers County rose about 77.9% between 2015 and 2023, from $870 to $1,548. Over the same span, rent in Texas rose about 51.9%.
Affordability
On average, housing unit costs 1.1 yearly household incomes in Chambers County.
Buying the median-priced home in Chambers County costs roughly 6.3 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 Chambers County. The price-to-rent ratio in Texas is about 15.5.
| Metric | Chambers County | Texas Avg | US Average |
|---|---|---|---|
| Median Home Price | $117,499 | $248,418 | $242,182 |
| Median Household Income | $106,316 | $76,510 | $78,145 |
| Price-to-Income Ratio | 1.1 | 3.2 | 3.1 |
Home Prices vs Income Over Time
Between 2015 and 2023, the median home price in Chambers County rose about 12.7%, while median household income rose about 75.8% 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 | Chambers County | Texas Avg | US Average |
|---|---|---|---|
| Homeownership Rate | 75.2% | 56.5% | 58.2% |
| Rental Rate | 16.0% | 33.8% | 31.3% |
| Vacancy Rate | 8.7% | 9.6% | 10.6% |
| Median Tenure (years) | 14.0 | 14.0 | 15.0 |
| Median Year Moved In | 2012 | 2012 | 2011 |
Chambers County has a homeownership rate of 75.2%, higher than the Texas average of 56.5%. Its housing vacancy rate is 8.7%, compared with 9.6% in Texas.
Housing Stock
| Metric | Chambers County | Texas Avg | US Average |
|---|---|---|---|
| Average Household Size | 2.95 people | 2.70 people | 2.54 people |
| Median Structure Built Year | 1988 | 1989 | 1978 |
| Median Number of Rooms | 6.4 | 5.4 | 5.5 |
The typical housing unit in Chambers County was built around 1988. On average, 3.0 people live in a home with about 6.4 rooms, staying for about 14.0 years on average.
Frequently Asked Questions
Common questions about the housing market in Chambers County, Texas.
What is the median home price in Chambers County, Texas?
The median home price in Chambers County, Texas is $117,499, lower than the Texas average of $248,418.
What is the average home price in Chambers 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 Chambers County, Texas?
The median gross rent in Chambers County, Texas is $1,548 per month, higher than the Texas average of $1,338.
What was the median gross rent in Chambers County in 2020?
In 2020, the median gross rent in Chambers County, Texas was $990 per month.
What is the price-to-rent ratio in Chambers County, Texas?
The price-to-rent ratio in Chambers County, Texas is about 6.3, meaning it would take roughly 6.3 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 Chambers County.
Are home prices or rent rising faster in Chambers County, Texas?
Home prices and rent are moving in opposite directions in Chambers County: home prices fell about 2.7% a year while rent rose about 8.9% a year. That is an unusual pattern worth watching.
What is the homeownership rate in Chambers County, Texas?
75.2% of households in Chambers County, Texas own their home, higher than the Texas average of 56.5%.
What is the vacancy rate in Chambers County, Texas?
The housing vacancy rate in Chambers County, Texas is 8.7%, lower than the Texas average of 9.6%.