Cottle County, Texas Housing Market Prices
Cottle 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 74% above the Texas median More expensive than 95% of counties in Texas$450,000
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Median rent 81% below the Texas median Cheapest county in Texas$263
Median Home Price Map: Nearby Counties
Housing Market Overview
| Metric | Cottle County | Texas Avg | US Average |
|---|---|---|---|
| Median Home Price | $450,000 | $258,873 | $248,835 |
| Price Trend (Annual %) | 52.4% | 9.2% | 7.5% |
| Median Gross Rent | $263 | $1,402 | $1,407 |
| Rent Trend (Annual %) | 1.8% | 5.6% | 5.1% |
| Household Income Trend (Annual %) | — | — | — |
The median home price in Cottle County is about 74% higher than in Texas. Rent is about 81% 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 Cottle County, up about 52.4% and 1.8% a year respectively. Home prices are changing faster.
Median rent in Cottle County fell about 4.0% between 2015 and 2024, from $275 to $263. Over the same span, rent in Texas rose about 59.1%.
Affordability
On average, housing unit costs 7.6 yearly household incomes in Cottle County.
Buying the median-priced home in Cottle County costs roughly 142.3 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 Cottle County. The price-to-rent ratio in Texas is about 15.4.
| Metric | Cottle County | Texas Avg | US Average |
|---|---|---|---|
| Median Home Price | $450,000 | $258,873 | $248,835 |
| Median Household Income | $58,999 | $78,939 | $80,455 |
| Price-to-Income Ratio | 7.6 | 3.3 | 3.1 |
Home Prices vs Income Over Time
Between 2015 and 2024, the median home price in Cottle County rose about 1011.1%, while median household income rose about 42.4% 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 | Cottle County | Texas Avg | US Average |
|---|---|---|---|
| Homeownership Rate | 51.6% | 56.7% | 58.5% |
| Rental Rate | 10.4% | 33.9% | 31.2% |
| Vacancy Rate | 38.0% | 9.4% | 10.2% |
| Median Tenure (years) | 17.0 | 14.0 | 15.0 |
| Median Year Moved In | 2009 | 2012 | 2011 |
Cottle County has a homeownership rate of 51.6%, lower than the Texas average of 56.7%. Its housing vacancy rate is 38.0%, compared with 9.4% in Texas.
Housing Stock
| Metric | Cottle County | Texas Avg | US Average |
|---|---|---|---|
| Average Household Size | 2.36 people | 2.69 people | 2.53 people |
| Median Structure Built Year | 1962 | 1990 | 1978 |
| Median Number of Rooms | 5.0 | 5.4 | 5.5 |
The typical housing unit in Cottle County was built around 1962. On average, 2.4 people live in a home with about 5.0 rooms, staying for about 17.0 years on average.
Frequently Asked Questions
Common questions about the housing market in Cottle County, Texas.
What is the median home price in Cottle County, Texas?
The median home price in Cottle County, Texas is $450,000, higher than the Texas average of $258,873.
What is the average home price in Cottle County, Texas?
The typical home price in Cottle County, Texas, reported as the median sale price, is $450,000. 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 Cottle County, Texas?
The median gross rent in Cottle County, Texas is $263 per month, lower than the Texas average of $1,402.
What was the median gross rent in Cottle County in 2020?
In 2020, the median gross rent in Cottle County, Texas was $372 per month.
What is the price-to-rent ratio in Cottle County, Texas?
The price-to-rent ratio in Cottle County, Texas is about 142.3, meaning it would take roughly 142.3 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 Cottle County.
Are home prices or rent rising faster in Cottle County, Texas?
Both home prices and rent are rising in Cottle County, up about 52.4% and 1.8% a year respectively. Home prices are changing faster.
What is the homeownership rate in Cottle County, Texas?
51.6% of households in Cottle County, Texas own their home, lower than the Texas average of 56.7%.
What is the vacancy rate in Cottle County, Texas?
The housing vacancy rate in Cottle County, Texas is 38.0%, higher than the Texas average of 9.4%.
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