Housing Market Overview

Housing market data including home prices, rent costs, affordability metrics, and housing stock characteristics.

$270,000
$933

Housing Market Overview

Metric Childress County Texas Avg US Average
Median Home Price $270,000 $248,418 $242,182
Price Trend (Annual %) 18.8% 9.9% 8.2%
Median Gross Rent $933 $1,338 $1,342
Rent Trend (Annual %) 3.4% 5.7% 5.1%
Household Income Trend (Annual %)

Housing Cost & Rent Trends

Median Home Price Over Time
Childress County
Texas
United States
Year Childress County Texas United States
Median Rent Over Time
Childress County
Texas
United States
Year Childress County Texas United States

Affordability

On average, housing unit costs 4.5 yearly household incomes in Childress County.

Metric Childress County Texas Avg US Average
Median Home Price $270,000 $248,418 $242,182
Median Household Income $60,565 $76,510 $78,145
Price-to-Income Ratio 4.5 3.2 3.1
Home Prices vs Income Over Time
Home Prices
Household Income
Income Growth vs Housing Cost Growth (Year-over-Year %)

Compare income and housing cost trends.

Household Income Growth %
Housing Cost Growth %
Year Income Growth % Housing Cost Growth % Gap (Cost - Income)

Occupancy & Tenure

Metric Childress County Texas Avg US Average
Homeownership Rate 47.1% 56.5% 58.2%
Rental Rate 27.0% 33.8% 31.3%
Vacancy Rate 25.9% 9.6% 10.6%
Median Tenure (years) 14.0 14.0 15.0
Median Year Moved In 2012 2012 2011

Housing Stock

Metric Childress County Texas Avg US Average
Average Household Size 2.47 people 2.70 people 2.54 people
Median Structure Built Year 1972 1989 1978
Median Number of Rooms 4.9 5.4 5.5