Corinth, Texas Housing Market Prices
Corinth 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.
-
Median home price 33% above the Texas median$343,644
-
Median rent 40% above the Texas median$1,957
Housing Market Overview
| Metric | Corinth | Texas Avg | US Average |
|---|---|---|---|
| Median Home Price | $343,644 | $258,873 | $248,835 |
| Price Trend (Annual %) | 25.1% | 9.2% | 7.5% |
| Median Gross Rent | $1,957 | $1,402 | $1,407 |
| Rent Trend (Annual %) | 7.0% | 5.6% | 5.1% |
| Household Income Trend (Annual %) | — | — | — |
The median home price in Corinth is about 33% higher than in Texas. Rent is about 40% higher 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 Corinth, up about 25.1% and 7.0% a year respectively. Home prices are changing faster.
Median rent in Corinth rose about 91.9% between 2015 and 2024, from $1,020 to $1,957. Over the same span, rent in Texas rose about 59.1%.
Affordability
On average, housing unit costs 2.9 yearly household incomes in Corinth.
Buying the median-priced home in Corinth costs roughly 14.6 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 Corinth. The price-to-rent ratio in Texas is about 15.4.
| Metric | Corinth | Texas Avg | US Average |
|---|---|---|---|
| Median Home Price | $343,644 | $258,873 | $248,835 |
| Median Household Income | $118,377 | $78,939 | $80,455 |
| Price-to-Income Ratio | 2.9 | 3.3 | 3.1 |
Home Prices vs Income Over Time
Between 2015 and 2024, the median home price in Corinth rose about 175.6%, while median household income rose about 32.3% 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 | Corinth | Texas Avg | US Average |
|---|---|---|---|
| Homeownership Rate | 75.3% | 56.7% | 58.5% |
| Rental Rate | 21.7% | 33.9% | 31.2% |
| Vacancy Rate | 2.9% | 9.4% | 10.2% |
| Median Tenure (years) | 12.0 | 14.0 | 15.0 |
| Median Year Moved In | 2014 | 2012 | 2011 |
Corinth has a homeownership rate of 75.3%, higher than the Texas average of 56.7%. Its housing vacancy rate is 2.9%, compared with 9.4% in Texas.
Housing Stock
| Metric | Corinth | Texas Avg | US Average |
|---|---|---|---|
| Average Household Size | 2.73 people | 2.69 people | 2.53 people |
| Median Structure Built Year | 1997 | 1990 | 1978 |
| Median Number of Rooms | 6.6 | 5.4 | 5.5 |
The typical housing unit in Corinth was built around 1997. On average, 2.7 people live in a home with about 6.6 rooms, staying for about 12.0 years on average.
Frequently Asked Questions
Common questions about the housing market in Corinth, Texas.
What is the median home price in Corinth, Texas?
The median home price in Corinth, Texas is $343,644, higher than the Texas average of $258,873.
What is the average home price in Corinth, Texas?
The typical home price in Corinth, Texas, reported as the median sale price, is $343,644. 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 Corinth, Texas?
The median gross rent in Corinth, Texas is $1,957 per month, higher than the Texas average of $1,402.
What was the median gross rent in Corinth in 2020?
In 2020, the median gross rent in Corinth, Texas was $1,525 per month.
What is the price-to-rent ratio in Corinth, Texas?
The price-to-rent ratio in Corinth, Texas is about 14.6, meaning it would take roughly 14.6 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 Corinth.
Are home prices or rent rising faster in Corinth, Texas?
Both home prices and rent are rising in Corinth, up about 25.1% and 7.0% a year respectively. Home prices are changing faster.
What is the homeownership rate in Corinth, Texas?
75.3% of households in Corinth, Texas own their home, higher than the Texas average of 56.7%.
What is the vacancy rate in Corinth, Texas?
The housing vacancy rate in Corinth, Texas is 2.9%, lower than the Texas average of 9.4%.
Analyze any area in the US
Get local demographics for any address, aggregated by drive time or radius, on the interactive map.
Explore the map →