Coleman County, Texas Housing Market Prices
Coleman 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 49% below the Texas median$131,108
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Median rent 53% below the Texas median Cheaper than 94% of counties in Texas$653
Median Home Price Map: Nearby Counties
Housing Market Overview
| Metric | Coleman County | Texas Avg | US Average |
|---|---|---|---|
| Median Home Price | $131,108 | $258,873 | $248,835 |
| Price Trend (Annual %) | 16.0% | 9.2% | 7.5% |
| Median Gross Rent | $653 | $1,402 | $1,407 |
| Rent Trend (Annual %) | 1.2% | 5.6% | 5.1% |
| Household Income Trend (Annual %) | — | — | — |
The median home price in Coleman County is about 49% lower than in Texas. Rent is about 53% lower than the Texas average.
Median Home and Rent Price Trends
Median Home Prices, 2015-2024
Median Rent Prices, 2015-2024
Both home prices and rent are rising in Coleman County, up about 16.0% and 1.2% a year respectively. Home prices are changing faster.
Median rent in Coleman County rose about 23.5% between 2015 and 2024, from $528 to $653. Over the same span, rent in Texas rose about 59.1%.
Affordability
On average, housing unit costs 2.7 yearly household incomes in Coleman County.
Buying the median-priced home in Coleman County costs roughly 16.7 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 Coleman County. The price-to-rent ratio in Texas is about 15.4.
| Metric | Coleman County | Texas Avg | US Average |
|---|---|---|---|
| Median Home Price | $131,108 | $258,873 | $248,835 |
| Median Household Income | $48,851 | $78,939 | $80,455 |
| Price-to-Income Ratio | 2.7 | 3.3 | 3.1 |
Home Prices vs Income Over Time
Between 2015 and 2024, the median home price in Coleman County rose about 77.8%, while median household income rose about 81.8% 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 | Coleman County | Texas Avg | US Average |
|---|---|---|---|
| Homeownership Rate | 52.7% | 56.7% | 58.5% |
| Rental Rate | 15.6% | 33.9% | 31.2% |
| Vacancy Rate | 31.8% | 9.4% | 10.2% |
| Median Tenure (years) | 18.0 | 14.0 | 15.0 |
| Median Year Moved In | 2008 | 2012 | 2011 |
Coleman County has a homeownership rate of 52.7%, lower than the Texas average of 56.7%. Its housing vacancy rate is 31.8%, compared with 9.4% in Texas.
Housing Stock
| Metric | Coleman County | Texas Avg | US Average |
|---|---|---|---|
| Average Household Size | 2.32 people | 2.69 people | 2.53 people |
| Median Structure Built Year | 1971 | 1990 | 1978 |
| Median Number of Rooms | 5.3 | 5.4 | 5.5 |
The typical housing unit in Coleman County was built around 1971. On average, 2.3 people live in a home with about 5.3 rooms, staying for about 18.0 years on average.
Coleman County, TX Housing Compared With Nearby Counties
How Coleman County, TX compares with the 1 counties closest to it.
| Area | Population | Median home price | Median rent | Homeownership |
|---|---|---|---|---|
| Coleman County, TX | 7,833 | $131,108 #2/2 | $653 #2/2 | 77.2% #1/2 |
| Brown County, TX | 38,535 | $175,472 | $919 | 68.3% |
Frequently Asked Questions
Common questions about the housing market in Coleman County, Texas.
What is the median home price in Coleman County, Texas?
The median home price in Coleman County, Texas is $131,108, lower than the Texas average of $258,873.
What is the average home price in Coleman County, Texas?
The typical home price in Coleman County, Texas, reported as the median sale price, is $131,108. 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 Coleman County, Texas?
The median gross rent in Coleman County, Texas is $653 per month, lower than the Texas average of $1,402.
What was the median gross rent in Coleman County in 2020?
In 2020, the median gross rent in Coleman County, Texas was $714 per month.
What is the price-to-rent ratio in Coleman County, Texas?
The price-to-rent ratio in Coleman County, Texas is about 16.7, meaning it would take roughly 16.7 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 Coleman County.
Are home prices or rent rising faster in Coleman County, Texas?
Both home prices and rent are rising in Coleman County, up about 16.0% and 1.2% a year respectively. Home prices are changing faster.
What is the homeownership rate in Coleman County, Texas?
52.7% of households in Coleman County, Texas own their home, lower than the Texas average of 56.7%.
What is the vacancy rate in Coleman County, Texas?
The housing vacancy rate in Coleman County, Texas is 31.8%, higher than the Texas average of 9.4%.
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