Housing Market Overview
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 Map: Nearby Counties
Housing Market Overview
| Metric | Crockett County | Texas Avg | US Average |
|---|---|---|---|
| Median Home Price | $137,500 | $248,418 | $242,182 |
| Price Trend (Annual %) | 7.8% | 9.9% | 8.2% |
| Median Gross Rent | $585 | $1,338 | $1,342 |
| Rent Trend (Annual %) | 0.8% | 5.7% | 5.1% |
| Household Income Trend (Annual %) | — | — | — |
The median home price in Crockett County is about 45% lower than in Texas. Rent is about 56% lower than the Texas average.
Median Home and Rent Price Trends
Median Home Prices, 2015-2023
Median Rent Prices, 2015-2023
Both home prices and rent are rising in Crockett County, up about 7.8% and 0.8% a year respectively. Home prices are changing faster.
Median rent in Crockett County fell about 0.4% between 2015 and 2023, from $587 to $585. Over the same span, rent in Texas rose about 51.9%.
Affordability
On average, housing unit costs 1.4 yearly household incomes in Crockett County.
Buying the median-priced home in Crockett County costs roughly 19.6 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 Crockett County. The price-to-rent ratio in Texas is about 15.5.
| Metric | Crockett County | Texas Avg | US Average |
|---|---|---|---|
| Median Home Price | $137,500 | $248,418 | $242,182 |
| Median Household Income | $97,964 | $76,510 | $78,145 |
| Price-to-Income Ratio | 1.4 | 3.2 | 3.1 |
Home Prices vs Income Over Time
Between 2015 and 2023, the median home price in Crockett County rose about 199.6%, while median household income rose about 110.0% between 2009 and 2023 — 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 | Crockett County | Texas Avg | US Average |
|---|---|---|---|
| Homeownership Rate | 50.5% | 56.5% | 58.2% |
| Rental Rate | 17.1% | 33.8% | 31.3% |
| Vacancy Rate | 32.4% | 9.6% | 10.6% |
| Median Tenure (years) | 25.0 | 14.0 | 15.0 |
| Median Year Moved In | 2001 | 2012 | 2011 |
Crockett County has a homeownership rate of 50.5%, lower than the Texas average of 56.5%. Its housing vacancy rate is 32.4%, compared with 9.6% in Texas.
Housing Stock
| Metric | Crockett County | Texas Avg | US Average |
|---|---|---|---|
| Average Household Size | 2.40 people | 2.70 people | 2.54 people |
| Median Structure Built Year | 1975 | 1989 | 1978 |
| Median Number of Rooms | 5.1 | 5.4 | 5.5 |
The typical housing unit in Crockett County was built around 1975. On average, 2.4 people live in a home with about 5.1 rooms, staying for about 25.0 years on average.
Frequently Asked Questions
Common questions about the housing market in Crockett County, Texas.
What is the median home price in Crockett County, Texas?
The median home price in Crockett County, Texas is $137,500, lower than the Texas average of $248,418.
What is the average home price in Crockett County, Texas?
The typical home price in %s, reported as the median sale price, is %s. 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 Crockett County, Texas?
The median gross rent in Crockett County, Texas is $585 per month, lower than the Texas average of $1,338.
What was the median gross rent in Crockett County in 2020?
In 2020, the median gross rent in Crockett County, Texas was $559 per month.
What is the price-to-rent ratio in Crockett County, Texas?
The price-to-rent ratio in Crockett County, Texas is about 19.6, meaning it would take roughly 19.6 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 Crockett County.
Are home prices or rent rising faster in Crockett County, Texas?
Both home prices and rent are rising in Crockett County, up about 7.8% and 0.8% a year respectively. Home prices are changing faster.
What is the homeownership rate in Crockett County, Texas?
50.5% of households in Crockett County, Texas own their home, lower than the Texas average of 56.5%.
What is the vacancy rate in Crockett County, Texas?
The housing vacancy rate in Crockett County, Texas is 32.4%, higher than the Texas average of 9.6%.