Euless, Texas Housing Market Prices
Euless 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 27% above the Texas median$329,398
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Median rent 17% above the Texas median$1,641
Housing Market Overview
| Metric | Euless | Texas Avg | US Average |
|---|---|---|---|
| Median Home Price | $329,398 | $258,873 | $248,835 |
| Price Trend (Annual %) | 14.2% | 9.2% | 7.5% |
| Median Gross Rent | $1,641 | $1,402 | $1,407 |
| Rent Trend (Annual %) | 6.7% | 5.6% | 5.1% |
| Household Income Trend (Annual %) | — | — | — |
The median home price in Euless is about 27% higher than in Texas. Rent is about 17% higher 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 Euless, up about 14.2% and 6.7% a year respectively. Home prices are changing faster.
Median rent in Euless rose about 73.1% between 2015 and 2024, from $948 to $1,641. Over the same span, rent in Texas rose about 59.1%.
Affordability
On average, housing unit costs 4.0 yearly household incomes in Euless.
Buying the median-priced home in Euless costs roughly 16.7 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 Euless. The price-to-rent ratio in Texas is about 15.4.
| Metric | Euless | Texas Avg | US Average |
|---|---|---|---|
| Median Home Price | $329,398 | $258,873 | $248,835 |
| Median Household Income | $82,908 | $78,939 | $80,455 |
| Price-to-Income Ratio | 4.0 | 3.3 | 3.1 |
Home Prices vs Income Over Time
Between 2015 and 2024, the median home price in Euless rose about 82.9%, while median household income rose about 47.3% 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 | Euless | Texas Avg | US Average |
|---|---|---|---|
| Homeownership Rate | 36.1% | 56.7% | 58.5% |
| Rental Rate | 56.2% | 33.9% | 31.2% |
| Vacancy Rate | 7.7% | 9.4% | 10.2% |
| Median Tenure (years) | 10.0 | 14.0 | 15.0 |
| Median Year Moved In | 2016 | 2012 | 2011 |
Euless has a homeownership rate of 36.1%, lower than the Texas average of 56.7%. Its housing vacancy rate is 7.7%, compared with 9.4% in Texas.
Housing Stock
| Metric | Euless | Texas Avg | US Average |
|---|---|---|---|
| Average Household Size | 2.49 people | 2.69 people | 2.53 people |
| Median Structure Built Year | 1988 | 1990 | 1978 |
| Median Number of Rooms | 4.5 | 5.4 | 5.5 |
The typical housing unit in Euless was built around 1988. On average, 2.5 people live in a home with about 4.5 rooms, staying for about 10.0 years on average.
Euless, TX Housing Compared With Nearby Cities
Euless, TX is the 2nd largest of the 5 cities compared here, 61,030 residents against a local median of 48,959. The measure that sets Euless, TX apart most is homeownership: 39.1%, 27% below the local median of 53.6%. That is the weaker end of the local range on this measure.
Median home price tells the same story from another angle: $329,398 against a local median of $389,665, 15% below it. The cities themselves spread 21.4% on homeownership, so Euless, TX sits at one end of an already wide local range rather than apart from it. Euless, TX has the 4th highest homeownership of the 5 areas compared here.
| Area | Population | Median home price | Median rent | Homeownership |
|---|---|---|---|---|
| Euless, TX | 61,030 | $329,398 #4/5 | $1,641 #2/5 | 39.1% #4/5 |
| Bedford, TX | 48,555 | $338,526 | $1,485 | 52.2% |
| Grapevine, TX | 49,363 | $608,763 | $1,847 | 54.9% |
| Hurst, TX | 39,545 | $295,190 | $1,386 | 59.5% |
| Irving, TX | 255,814 | $440,804 | $1,618 | 38.1% |
Frequently Asked Questions
Common questions about the housing market in Euless, Texas.
What is the median home price in Euless, Texas?
The median home price in Euless, Texas is $329,398, higher than the Texas average of $258,873.
What is the average home price in Euless, Texas?
The typical home price in Euless, Texas, reported as the median sale price, is $329,398. 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 Euless, Texas?
The median gross rent in Euless, Texas is $1,641 per month, higher than the Texas average of $1,402.
What was the median gross rent in Euless in 2020?
In 2020, the median gross rent in Euless, Texas was $1,193 per month.
What is the price-to-rent ratio in Euless, Texas?
The price-to-rent ratio in Euless, Texas is about 16.7, meaning it would take roughly 16.7 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 Euless.
Are home prices or rent rising faster in Euless, Texas?
Both home prices and rent are rising in Euless, up about 14.2% and 6.7% a year respectively. Home prices are changing faster.
What is the homeownership rate in Euless, Texas?
36.1% of households in Euless, Texas own their home, lower than the Texas average of 56.7%.
What is the vacancy rate in Euless, Texas?
The housing vacancy rate in Euless, Texas is 7.7%, lower than the Texas average of 9.4%.
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