Falls County, Texas Housing Market Prices
Falls 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.
-
Median home price 78% below the Texas median Cheaper than 86% of counties in Texas$57,499
-
Median rent 48% below the Texas median Cheaper than 86% of counties in Texas$730
Median Home Price Map: Nearby Counties
Housing Market Overview
| Metric | Falls County | Texas Avg | US Average |
|---|---|---|---|
| Median Home Price | $57,499 | $258,873 | $248,835 |
| Price Trend (Annual %) | 0.7% | 9.2% | 7.5% |
| Median Gross Rent | $730 | $1,402 | $1,407 |
| Rent Trend (Annual %) | 3.9% | 5.6% | 5.1% |
| Household Income Trend (Annual %) | — | — | — |
The median home price in Falls County is about 78% lower than in Texas. Rent is about 48% 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 Falls County, up about 0.7% and 3.9% a year respectively. Rent is changing faster.
Median rent in Falls County rose about 28.3% between 2015 and 2024, from $569 to $730. Over the same span, rent in Texas rose about 59.1%.
Affordability
On average, housing unit costs 1.0 yearly household incomes in Falls County.
Buying the median-priced home in Falls County costs roughly 6.6 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 Falls County. The price-to-rent ratio in Texas is about 15.4.
| Metric | Falls County | Texas Avg | US Average |
|---|---|---|---|
| Median Home Price | $57,499 | $258,873 | $248,835 |
| Median Household Income | $56,600 | $78,939 | $80,455 |
| Price-to-Income Ratio | 1.0 | 3.3 | 3.1 |
Home Prices vs Income Over Time
Between 2015 and 2024, the median home price in Falls County fell about 20.7%, while median household income rose about 56.2% between 2009 and 2025 — income grew faster than the home price.
Income Growth vs Housing Cost Growth (Year-over-Year %)
Compare income and housing cost trends.
Occupancy & Tenure
| Metric | Falls County | Texas Avg | US Average |
|---|---|---|---|
| Homeownership Rate | 65.1% | 56.7% | 58.5% |
| Rental Rate | 20.0% | 33.9% | 31.2% |
| Vacancy Rate | 14.8% | 9.4% | 10.2% |
| Median Tenure (years) | 17.0 | 14.0 | 15.0 |
| Median Year Moved In | 2009 | 2012 | 2011 |
Falls County has a homeownership rate of 65.1%, higher than the Texas average of 56.7%. Its housing vacancy rate is 14.8%, compared with 9.4% in Texas.
Housing Stock
| Metric | Falls County | Texas Avg | US Average |
|---|---|---|---|
| Average Household Size | 2.42 people | 2.69 people | 2.53 people |
| Median Structure Built Year | 1981 | 1990 | 1978 |
| Median Number of Rooms | 5.5 | 5.4 | 5.5 |
The typical housing unit in Falls County was built around 1981. On average, 2.4 people live in a home with about 5.5 rooms, staying for about 17.0 years on average.
Falls County, TX Housing Compared With Nearby Counties
Falls County, TX is the smallest of the 5 counties compared here, 17,291 residents against a local median of 145,723. Falls County, TX's median home price, at $57,499, runs 73% below the $211,414 typical of the counties around it.
Median rent tells the same story from another angle: $730 against a local median of $1,078, 32% below it. The counties themselves spread $155,973 on median home price, so Falls County, TX sits at one end of an already wide local range rather than apart from it. Falls County, TX has the 5th highest median home price of the 5 areas compared here.
| Area | Population | Median home price | Median rent | Homeownership |
|---|---|---|---|---|
| Falls County, TX | 17,291 | $57,499 #5/5 | $730 #5/5 | 76.5% #2/5 |
| McLennan County, TX | 265,889 | $230,522 | $1,172 | 61.8% |
| Limestone County, TX | 22,283 | $192,307 | $905 | 72.1% |
| Milam County, TX | 25,558 | $99,499 | $983 | 76.9% |
| Bell County, TX | 386,831 | $255,472 | $1,223 | 56.5% |
Frequently Asked Questions
Common questions about the housing market in Falls County, Texas.
What is the median home price in Falls County, Texas?
The median home price in Falls County, Texas is $57,499, lower than the Texas average of $258,873.
What is the average home price in Falls County, Texas?
The typical home price in Falls County, Texas, reported as the median sale price, is $57,499. 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 Falls County, Texas?
The median gross rent in Falls County, Texas is $730 per month, lower than the Texas average of $1,402.
What was the median gross rent in Falls County in 2020?
In 2020, the median gross rent in Falls County, Texas was $552 per month.
What is the price-to-rent ratio in Falls County, Texas?
The price-to-rent ratio in Falls County, Texas is about 6.6, meaning it would take roughly 6.6 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 Falls County.
Are home prices or rent rising faster in Falls County, Texas?
Both home prices and rent are rising in Falls County, up about 0.7% and 3.9% a year respectively. Rent is changing faster.
What is the homeownership rate in Falls County, Texas?
65.1% of households in Falls County, Texas own their home, higher than the Texas average of 56.7%.
What is the vacancy rate in Falls County, Texas?
The housing vacancy rate in Falls County, Texas is 14.8%, higher than the Texas average of 9.4%.
Analyze any area in the US
Get local demographics for any address, aggregated by drive time or radius, on the interactive map.
Explore the map →