Concho County, Texas Housing Market Prices
Concho 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 238% above the Texas median Among the 3 most expensive counties in Texas$875,000
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Median rent 48% below the Texas median Cheaper than 86% of counties in Texas$733
Median Home Price Map: Nearby Counties
Housing Market Overview
| Metric | Concho County | Texas Avg | US Average |
|---|---|---|---|
| Median Home Price | $875,000 | $258,873 | $248,835 |
| Price Trend (Annual %) | 58.2% | 9.2% | 7.5% |
| Median Gross Rent | $733 | $1,402 | $1,407 |
| Rent Trend (Annual %) | 3.2% | 5.6% | 5.1% |
| Household Income Trend (Annual %) | — | — | — |
The median home price in Concho County is about 238% higher than in Texas. Rent is about 48% lower than the Texas average.
Median Home and Rent Price Trends
Median Home Prices, 2015-2023
Median Rent Prices, 2015-2024
Both home prices and rent are rising in Concho County, up about 58.2% and 3.2% a year respectively. Home prices are changing faster.
Median rent in Concho County rose about 22.9% between 2015 and 2024, from $596 to $733. Over the same span, rent in Texas rose about 59.1%.
Affordability
On average, housing unit costs 13.6 yearly household incomes in Concho County.
Buying the median-priced home in Concho County costs roughly 99.5 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 Concho County. The price-to-rent ratio in Texas is about 15.4.
| Metric | Concho County | Texas Avg | US Average |
|---|---|---|---|
| Median Home Price | $875,000 | $258,873 | $248,835 |
| Median Household Income | $64,450 | $78,939 | $80,455 |
| Price-to-Income Ratio | 13.6 | 3.3 | 3.1 |
Home Prices vs Income Over Time
Between 2015 and 2023, the median home price in Concho County rose about 823.0%, while median household income rose about 28.7% 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 | Concho County | Texas Avg | US Average |
|---|---|---|---|
| Homeownership Rate | 46.3% | 56.7% | 58.5% |
| Rental Rate | 11.2% | 33.9% | 31.2% |
| Vacancy Rate | 42.4% | 9.4% | 10.2% |
| Median Tenure (years) | 18.0 | 14.0 | 15.0 |
| Median Year Moved In | 2008 | 2012 | 2011 |
Concho County has a homeownership rate of 46.3%, lower than the Texas average of 56.7%. Its housing vacancy rate is 42.4%, compared with 9.4% in Texas.
Housing Stock
| Metric | Concho County | Texas Avg | US Average |
|---|---|---|---|
| Average Household Size | 3.03 people | 2.69 people | 2.53 people |
| Median Structure Built Year | 1988 | 1990 | 1978 |
| Median Number of Rooms | 5.1 | 5.4 | 5.5 |
The typical housing unit in Concho County was built around 1988. On average, 3.0 people live in a home with about 5.1 rooms, staying for about 18.0 years on average.
Concho County, TX Housing Compared With Nearby Counties
How Concho County, TX compares with the 2 counties closest to it.
| Area | Population | Median home price | Median rent | Homeownership |
|---|---|---|---|---|
| Concho County, TX | 3,328 | $875,000 #1/3 | $733 #2/3 | 80.5% #1/3 |
| Tom Green County, TX | 119,577 | $114,204 | $1,153 | 65.1% |
| Coleman County, TX | 7,833 | $131,108 | $653 | 77.2% |
Frequently Asked Questions
Common questions about the housing market in Concho County, Texas.
What is the median home price in Concho County, Texas?
The median home price in Concho County, Texas is $875,000, higher than the Texas average of $258,873.
What is the average home price in Concho County, Texas?
The typical home price in Concho County, Texas, reported as the median sale price, is $875,000. 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 Concho County, Texas?
The median gross rent in Concho County, Texas is $733 per month, lower than the Texas average of $1,402.
What was the median gross rent in Concho County in 2020?
In 2020, the median gross rent in Concho County, Texas was $633 per month.
What is the price-to-rent ratio in Concho County, Texas?
The price-to-rent ratio in Concho County, Texas is about 99.5, meaning it would take roughly 99.5 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 Concho County.
Are home prices or rent rising faster in Concho County, Texas?
Both home prices and rent are rising in Concho County, up about 58.2% and 3.2% a year respectively. Home prices are changing faster.
What is the homeownership rate in Concho County, Texas?
46.3% of households in Concho County, Texas own their home, lower than the Texas average of 56.7%.
What is the vacancy rate in Concho County, Texas?
The housing vacancy rate in Concho County, Texas is 42.4%, higher than the Texas average of 9.4%.
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