Del Rio, Texas Housing Market Prices
Del Rio 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 21% above the Texas median$312,862
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Median rent 30% below the Texas median$978
Housing Market Overview
| Metric | Del Rio | Texas Avg | US Average |
|---|---|---|---|
| Median Home Price | $312,862 | $258,873 | $248,835 |
| Price Trend (Annual %) | 15.2% | 9.2% | 7.5% |
| Median Gross Rent | $978 | $1,402 | $1,407 |
| Rent Trend (Annual %) | 5.4% | 5.6% | 5.1% |
| Household Income Trend (Annual %) | — | — | — |
The median home price in Del Rio is about 21% higher than in Texas. Rent is about 30% 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 Del Rio, up about 15.2% and 5.4% a year respectively. Home prices are changing faster.
Median rent in Del Rio rose about 55.4% between 2015 and 2024, from $629 to $978. Over the same span, rent in Texas rose about 59.1%.
Affordability
On average, housing unit costs 4.9 yearly household incomes in Del Rio.
Buying the median-priced home in Del Rio costs roughly 26.7 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 Del Rio. The price-to-rent ratio in Texas is about 15.4.
| Metric | Del Rio | Texas Avg | US Average |
|---|---|---|---|
| Median Home Price | $312,862 | $258,873 | $248,835 |
| Median Household Income | $64,505 | $78,939 | $80,455 |
| Price-to-Income Ratio | 4.9 | 3.3 | 3.1 |
Home Prices vs Income Over Time
Between 2015 and 2024, the median home price in Del Rio rose about 603.4%, while median household income rose about 78.7% 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 | Del Rio | Texas Avg | US Average |
|---|---|---|---|
| Homeownership Rate | 63.7% | 56.7% | 58.5% |
| Rental Rate | 28.3% | 33.9% | 31.2% |
| Vacancy Rate | 8.0% | 9.4% | 10.2% |
| Median Tenure (years) | 15.0 | 14.0 | 15.0 |
| Median Year Moved In | 2011 | 2012 | 2011 |
Del Rio has a homeownership rate of 63.7%, higher than the Texas average of 56.7%. Its housing vacancy rate is 8.0%, compared with 9.4% in Texas.
Housing Stock
| Metric | Del Rio | Texas Avg | US Average |
|---|---|---|---|
| Average Household Size | 2.73 people | 2.69 people | 2.53 people |
| Median Structure Built Year | 1979 | 1990 | 1978 |
| Median Number of Rooms | 5.3 | 5.4 | 5.5 |
The typical housing unit in Del Rio was built around 1979. On average, 2.7 people live in a home with about 5.3 rooms, staying for about 15.0 years on average.
Frequently Asked Questions
Common questions about the housing market in Del Rio, Texas.
What is the median home price in Del Rio, Texas?
The median home price in Del Rio, Texas is $312,862, higher than the Texas average of $258,873.
What is the average home price in Del Rio, Texas?
The typical home price in Del Rio, Texas, reported as the median sale price, is $312,862. 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 Del Rio, Texas?
The median gross rent in Del Rio, Texas is $978 per month, lower than the Texas average of $1,402.
What was the median gross rent in Del Rio in 2020?
In 2020, the median gross rent in Del Rio, Texas was $762 per month.
What is the price-to-rent ratio in Del Rio, Texas?
The price-to-rent ratio in Del Rio, Texas is about 26.7, meaning it would take roughly 26.7 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 Del Rio.
Are home prices or rent rising faster in Del Rio, Texas?
Both home prices and rent are rising in Del Rio, up about 15.2% and 5.4% a year respectively. Home prices are changing faster.
What is the homeownership rate in Del Rio, Texas?
63.7% of households in Del Rio, Texas own their home, higher than the Texas average of 56.7%.
What is the vacancy rate in Del Rio, Texas?
The housing vacancy rate in Del Rio, Texas is 8.0%, lower than the Texas average of 9.4%.
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