Housing Market Overview

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

$224,445
$1,232

Housing Market Overview

Metric Corpus Christi Texas Avg US Average
Median Home Price $224,445 $248,418 $242,182
Price Trend (Annual %) 7.4% 9.9% 8.2%
Median Gross Rent $1,232 $1,338 $1,342
Rent Trend (Annual %) 4.3% 5.7% 5.1%
Household Income Trend (Annual %)

Housing Cost & Rent Trends

Median Home Price Over Time
Corpus Christi
Texas
United States
Year Corpus Christi Texas United States
Median Rent Over Time
Corpus Christi
Texas
United States
Year Corpus Christi Texas United States

Affordability

On average, housing unit costs 3.4 yearly household incomes in Corpus Christi.

Metric Corpus Christi Texas Avg US Average
Median Home Price $224,445 $248,418 $242,182
Median Household Income $66,470 $76,510 $78,145
Price-to-Income Ratio 3.4 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 Corpus Christi Texas Avg US Average
Homeownership Rate 50.3% 56.5% 58.2%
Rental Rate 37.0% 33.8% 31.3%
Vacancy Rate 12.6% 9.6% 10.6%
Median Tenure (years) 13.0 14.0 15.0
Median Year Moved In 2013 2012 2011

Housing Stock

Metric Corpus Christi Texas Avg US Average
Average Household Size 2.61 people 2.70 people 2.54 people
Median Structure Built Year 1981 1989 1978
Median Number of Rooms 5.0 5.4 5.5