Dallam County, Texas Housing Market Prices
Dallam 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 769% above the Texas median Most expensive county in Texas$2,250,000
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Median rent 23% below the Texas median More expensive than 74% of counties in Texas$1,080
Median Home Price Map: Nearby Counties
Housing Market Overview
| Metric | Dallam County | Texas Avg | US Average |
|---|---|---|---|
| Median Home Price | $2,250,000 | $258,873 | $248,835 |
| Price Trend (Annual %) | 109.8% | 9.2% | 7.5% |
| Median Gross Rent | $1,080 | $1,402 | $1,407 |
| Rent Trend (Annual %) | 5.7% | 5.6% | 5.1% |
| Household Income Trend (Annual %) | — | — | — |
The median home price in Dallam County is about 769% higher than in Texas. Rent is about 23% lower than the Texas average.
Median Home and Rent Price Trends
Median Home Prices, 2015-2021
Median Rent Prices, 2015-2024
Both home prices and rent are rising in Dallam County, up about 109.8% and 5.7% a year respectively. Home prices are changing faster.
Median rent in Dallam County rose about 55.3% between 2015 and 2024, from $696 to $1,080. Over the same span, rent in Texas rose about 59.1%.
Affordability
On average, housing unit costs 32.5 yearly household incomes in Dallam County.
Buying the median-priced home in Dallam County costs roughly 173.6 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 Dallam County. The price-to-rent ratio in Texas is about 15.4.
| Metric | Dallam County | Texas Avg | US Average |
|---|---|---|---|
| Median Home Price | $2,250,000 | $258,873 | $248,835 |
| Median Household Income | $69,319 | $78,939 | $80,455 |
| Price-to-Income Ratio | 32.5 | 3.3 | 3.1 |
Home Prices vs Income Over Time
Between 2015 and 2021, the median home price in Dallam County rose about 1772.0%, while median household income rose about 66.4% 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 | Dallam County | Texas Avg | US Average |
|---|---|---|---|
| Homeownership Rate | 54.2% | 56.7% | 58.5% |
| Rental Rate | 30.5% | 33.9% | 31.2% |
| Vacancy Rate | 15.3% | 9.4% | 10.2% |
| Median Tenure (years) | 15.0 | 14.0 | 15.0 |
| Median Year Moved In | 2011 | 2012 | 2011 |
Dallam County has a homeownership rate of 54.2%, lower than the Texas average of 56.7%. Its housing vacancy rate is 15.3%, compared with 9.4% in Texas.
Housing Stock
| Metric | Dallam County | Texas Avg | US Average |
|---|---|---|---|
| Average Household Size | 2.81 people | 2.69 people | 2.53 people |
| Median Structure Built Year | 1977 | 1990 | 1978 |
| Median Number of Rooms | 5.5 | 5.4 | 5.5 |
The typical housing unit in Dallam County was built around 1977. On average, 2.8 people live in a home with about 5.5 rooms, staying for about 15.0 years on average.
Frequently Asked Questions
Common questions about the housing market in Dallam County, Texas.
What is the median home price in Dallam County, Texas?
The median home price in Dallam County, Texas is $2,250,000, higher than the Texas average of $258,873.
What is the average home price in Dallam County, Texas?
The typical home price in Dallam County, Texas, reported as the median sale price, is $2,250,000. 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 Dallam County, Texas?
The median gross rent in Dallam County, Texas is $1,080 per month, lower than the Texas average of $1,402.
What was the median gross rent in Dallam County in 2020?
In 2020, the median gross rent in Dallam County, Texas was $866 per month.
What is the price-to-rent ratio in Dallam County, Texas?
The price-to-rent ratio in Dallam County, Texas is about 173.6, meaning it would take roughly 173.6 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 Dallam County.
Are home prices or rent rising faster in Dallam County, Texas?
Both home prices and rent are rising in Dallam County, up about 109.8% and 5.7% a year respectively. Home prices are changing faster.
What is the homeownership rate in Dallam County, Texas?
54.2% of households in Dallam County, Texas own their home, lower than the Texas average of 56.7%.
What is the vacancy rate in Dallam County, Texas?
The housing vacancy rate in Dallam County, Texas is 15.3%, higher than the Texas average of 9.4%.
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