Deaf Smith County, Texas Housing Market Prices
Deaf Smith 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 54% below the Texas median$119,736
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Median rent 34% below the Texas median$926
Median Home Price Map: Nearby Counties
Housing Market Overview
| Metric | Deaf Smith County | Texas Avg | US Average |
|---|---|---|---|
| Median Home Price | $119,736 | $258,873 | $248,835 |
| Price Trend (Annual %) | 15.0% | 9.2% | 7.5% |
| Median Gross Rent | $926 | $1,402 | $1,407 |
| Rent Trend (Annual %) | 3.1% | 5.6% | 5.1% |
| Household Income Trend (Annual %) | — | — | — |
The median home price in Deaf Smith County is about 54% lower than in Texas. Rent is about 34% 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 Deaf Smith County, up about 15.0% and 3.1% a year respectively. Home prices are changing faster.
Median rent in Deaf Smith County rose about 32.5% between 2015 and 2024, from $698 to $926. Over the same span, rent in Texas rose about 59.1%.
Affordability
On average, housing unit costs 1.9 yearly household incomes in Deaf Smith County.
Buying the median-priced home in Deaf Smith County costs roughly 10.8 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 Deaf Smith County. The price-to-rent ratio in Texas is about 15.4.
| Metric | Deaf Smith County | Texas Avg | US Average |
|---|---|---|---|
| Median Home Price | $119,736 | $258,873 | $248,835 |
| Median Household Income | $61,471 | $78,939 | $80,455 |
| Price-to-Income Ratio | 1.9 | 3.3 | 3.1 |
Home Prices vs Income Over Time
Between 2015 and 2024, the median home price in Deaf Smith County rose about 116.8%, while median household income rose about 42.9% 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 | Deaf Smith County | Texas Avg | US Average |
|---|---|---|---|
| Homeownership Rate | 57.9% | 56.7% | 58.5% |
| Rental Rate | 28.8% | 33.9% | 31.2% |
| Vacancy Rate | 13.4% | 9.4% | 10.2% |
| Median Tenure (years) | 15.0 | 14.0 | 15.0 |
| Median Year Moved In | 2011 | 2012 | 2011 |
Deaf Smith County has a homeownership rate of 57.9%, higher than the Texas average of 56.7%. Its housing vacancy rate is 13.4%, compared with 9.4% in Texas.
Housing Stock
| Metric | Deaf Smith County | Texas Avg | US Average |
|---|---|---|---|
| Average Household Size | 3.02 people | 2.69 people | 2.53 people |
| Median Structure Built Year | 1975 | 1990 | 1978 |
| Median Number of Rooms | 5.7 | 5.4 | 5.5 |
The typical housing unit in Deaf Smith County was built around 1975. On average, 3.0 people live in a home with about 5.7 rooms, staying for about 15.0 years on average.
Deaf Smith County, TX Housing Compared With Nearby Counties
How Deaf Smith County, TX compares with the 2 counties closest to it.
| Area | Population | Median home price | Median rent | Homeownership |
|---|---|---|---|---|
| Deaf Smith County, TX | 18,460 | $119,736 #2/3 | $926 #3/3 | 66.8% #2/3 |
| Randall County, TX | 146,053 | $196,859 | $1,170 | 67.9% |
| Potter County, TX | 115,952 | $54,383 | $1,021 | 57.3% |
Frequently Asked Questions
Common questions about the housing market in Deaf Smith County, Texas.
What is the median home price in Deaf Smith County, Texas?
The median home price in Deaf Smith County, Texas is $119,736, lower than the Texas average of $258,873.
What is the average home price in Deaf Smith County, Texas?
The typical home price in Deaf Smith County, Texas, reported as the median sale price, is $119,736. 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 Deaf Smith County, Texas?
The median gross rent in Deaf Smith County, Texas is $926 per month, lower than the Texas average of $1,402.
What was the median gross rent in Deaf Smith County in 2020?
In 2020, the median gross rent in Deaf Smith County, Texas was $766 per month.
What is the price-to-rent ratio in Deaf Smith County, Texas?
The price-to-rent ratio in Deaf Smith County, Texas is about 10.8, meaning it would take roughly 10.8 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 Deaf Smith County.
Are home prices or rent rising faster in Deaf Smith County, Texas?
Both home prices and rent are rising in Deaf Smith County, up about 15.0% and 3.1% a year respectively. Home prices are changing faster.
What is the homeownership rate in Deaf Smith County, Texas?
57.9% of households in Deaf Smith County, Texas own their home, higher than the Texas average of 56.7%.
What is the vacancy rate in Deaf Smith County, Texas?
The housing vacancy rate in Deaf Smith County, Texas is 13.4%, higher than the Texas average of 9.4%.
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