Colorado County, Texas Housing Market Prices
Colorado 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 35% below the Texas median$168,749
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Median rent 34% below the Texas median$925
Median Home Price Map: Nearby Counties
Housing Market Overview
| Metric | Colorado County | Texas Avg | US Average |
|---|---|---|---|
| Median Home Price | $168,749 | $258,873 | $248,835 |
| Price Trend (Annual %) | 1.6% | 9.2% | 7.5% |
| Median Gross Rent | $925 | $1,402 | $1,407 |
| Rent Trend (Annual %) | 4.8% | 5.6% | 5.1% |
| Household Income Trend (Annual %) | — | — | — |
The median home price in Colorado County is about 35% lower than in Texas. Rent is about 34% 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 Colorado County, up about 1.6% and 4.8% a year respectively. Rent is changing faster.
Median rent in Colorado County rose about 31.6% between 2015 and 2024, from $703 to $925. Over the same span, rent in Texas rose about 59.1%.
Affordability
On average, housing unit costs 2.5 yearly household incomes in Colorado County.
Buying the median-priced home in Colorado County costs roughly 15.2 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 Colorado County. The price-to-rent ratio in Texas is about 15.4.
| Metric | Colorado County | Texas Avg | US Average |
|---|---|---|---|
| Median Home Price | $168,749 | $258,873 | $248,835 |
| Median Household Income | $68,537 | $78,939 | $80,455 |
| Price-to-Income Ratio | 2.5 | 3.3 | 3.1 |
Home Prices vs Income Over Time
Between 2015 and 2024, the median home price in Colorado County rose about 39.6%, while median household income rose about 61.2% 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 | Colorado County | Texas Avg | US Average |
|---|---|---|---|
| Homeownership Rate | 62.5% | 56.7% | 58.5% |
| Rental Rate | 16.1% | 33.9% | 31.2% |
| Vacancy Rate | 21.4% | 9.4% | 10.2% |
| Median Tenure (years) | 19.0 | 14.0 | 15.0 |
| Median Year Moved In | 2007 | 2012 | 2011 |
Colorado County has a homeownership rate of 62.5%, higher than the Texas average of 56.7%. Its housing vacancy rate is 21.4%, compared with 9.4% in Texas.
Housing Stock
| Metric | Colorado County | Texas Avg | US Average |
|---|---|---|---|
| Average Household Size | 2.60 people | 2.69 people | 2.53 people |
| Median Structure Built Year | 1980 | 1990 | 1978 |
| Median Number of Rooms | 5.8 | 5.4 | 5.5 |
The typical housing unit in Colorado County was built around 1980. On average, 2.6 people live in a home with about 5.8 rooms, staying for about 19.0 years on average.
Colorado County, TX Housing Compared With Nearby Counties
Colorado County, TX is the 5th largest of the 6 counties compared here, 21,006 residents against a local median of 31,170. Nothing separates Colorado County, TX sharply from the counties around it. Each measure below lands within 15% of the local median, close enough that the differences are within what survey sampling alone would produce.
The largest of those small differences is median home price, 14% below the local median at $168,749 against $196,499. Colorado County, TX has the 4th highest median home price of the 6 areas compared here.
| Area | Population | Median home price | Median rent | Homeownership |
|---|---|---|---|---|
| Colorado County, TX | 21,006 | $168,749 #4/6 | $925 #5/6 | 79.5% #1/6 |
| Austin County, TX | 31,170 | $97,801 | $1,137 | 76.5% |
| Wharton County, TX | 41,794 | $166,920 | $1,046 | 72.3% |
| Lavaca County, TX | 20,552 | $196,499 | $910 | 78.3% |
| Fayette County, TX | 25,042 | $308,333 | $987 | 79.4% |
| Washington County, TX | 36,647 | $377,272 | $1,164 | 69.8% |
Frequently Asked Questions
Common questions about the housing market in Colorado County, Texas.
What is the median home price in Colorado County, Texas?
The median home price in Colorado County, Texas is $168,749, lower than the Texas average of $258,873.
What is the average home price in Colorado County, Texas?
The typical home price in Colorado County, Texas, reported as the median sale price, is $168,749. 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 Colorado County, Texas?
The median gross rent in Colorado County, Texas is $925 per month, lower than the Texas average of $1,402.
What was the median gross rent in Colorado County in 2020?
In 2020, the median gross rent in Colorado County, Texas was $727 per month.
What is the price-to-rent ratio in Colorado County, Texas?
The price-to-rent ratio in Colorado County, Texas is about 15.2, meaning it would take roughly 15.2 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 Colorado County.
Are home prices or rent rising faster in Colorado County, Texas?
Both home prices and rent are rising in Colorado County, up about 1.6% and 4.8% a year respectively. Rent is changing faster.
What is the homeownership rate in Colorado County, Texas?
62.5% of households in Colorado County, Texas own their home, higher than the Texas average of 56.7%.
What is the vacancy rate in Colorado County, Texas?
The housing vacancy rate in Colorado County, Texas is 21.4%, higher than the Texas average of 9.4%.
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