Floyd County, Texas Housing Market Prices
Floyd 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 9% below the Texas median$236,841
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Median rent 52% below the Texas median Cheaper than 92% of counties in Texas$676
Median Home Price Map: Nearby Counties
Housing Market Overview
| Metric | Floyd County | Texas Avg | US Average |
|---|---|---|---|
| Median Home Price | $236,841 | $258,873 | $248,835 |
| Price Trend (Annual %) | 36.9% | 9.2% | 7.5% |
| Median Gross Rent | $676 | $1,402 | $1,407 |
| Rent Trend (Annual %) | 0.7% | 5.6% | 5.1% |
| Household Income Trend (Annual %) | — | — | — |
The median home price in Floyd County is about 9% lower than in Texas. Rent is about 52% 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 Floyd County, up about 36.9% and 0.7% a year respectively. Home prices are changing faster.
Median rent in Floyd County rose about 5.3% between 2015 and 2024, from $641 to $676. Over the same span, rent in Texas rose about 59.1%.
Affordability
On average, housing unit costs 4.1 yearly household incomes in Floyd County.
Buying the median-priced home in Floyd County costs roughly 29.2 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 Floyd County. The price-to-rent ratio in Texas is about 15.4.
| Metric | Floyd County | Texas Avg | US Average |
|---|---|---|---|
| Median Home Price | $236,841 | $258,873 | $248,835 |
| Median Household Income | $58,032 | $78,939 | $80,455 |
| Price-to-Income Ratio | 4.1 | 3.3 | 3.1 |
Home Prices vs Income Over Time
Between 2015 and 2024, the median home price in Floyd County rose about 798.4%, while median household income rose about 70.3% 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 | Floyd County | Texas Avg | US Average |
|---|---|---|---|
| Homeownership Rate | 55.2% | 56.7% | 58.5% |
| Rental Rate | 20.1% | 33.9% | 31.2% |
| Vacancy Rate | 24.7% | 9.4% | 10.2% |
| Median Tenure (years) | 16.0 | 14.0 | 15.0 |
| Median Year Moved In | 2010 | 2012 | 2011 |
Floyd County has a homeownership rate of 55.2%, lower than the Texas average of 56.7%. Its housing vacancy rate is 24.7%, compared with 9.4% in Texas.
Housing Stock
| Metric | Floyd County | Texas Avg | US Average |
|---|---|---|---|
| Average Household Size | 2.66 people | 2.69 people | 2.53 people |
| Median Structure Built Year | 1965 | 1990 | 1978 |
| Median Number of Rooms | 5.6 | 5.4 | 5.5 |
The typical housing unit in Floyd County was built around 1965. On average, 2.7 people live in a home with about 5.6 rooms, staying for about 16.0 years on average.
Floyd County, TX Housing Compared With Nearby Counties
How Floyd County, TX compares with the 2 counties closest to it.
| Area | Population | Median home price | Median rent | Homeownership |
|---|---|---|---|---|
| Floyd County, TX | 5,216 | $236,841 #1/3 | $676 #3/3 | 73.3% #1/3 |
| Crosby County, TX | 5,041 | $81,666 | $683 | 68.8% |
| Hale County, TX | 32,131 | $140,624 | $836 | 60.5% |
Frequently Asked Questions
Common questions about the housing market in Floyd County, Texas.
What is the median home price in Floyd County, Texas?
The median home price in Floyd County, Texas is $236,841, lower than the Texas average of $258,873.
What is the average home price in Floyd County, Texas?
The typical home price in Floyd County, Texas, reported as the median sale price, is $236,841. 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 Floyd County, Texas?
The median gross rent in Floyd County, Texas is $676 per month, lower than the Texas average of $1,402.
What was the median gross rent in Floyd County in 2020?
In 2020, the median gross rent in Floyd County, Texas was $709 per month.
What is the price-to-rent ratio in Floyd County, Texas?
The price-to-rent ratio in Floyd County, Texas is about 29.2, meaning it would take roughly 29.2 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 Floyd County.
Are home prices or rent rising faster in Floyd County, Texas?
Both home prices and rent are rising in Floyd County, up about 36.9% and 0.7% a year respectively. Home prices are changing faster.
What is the homeownership rate in Floyd County, Texas?
55.2% of households in Floyd County, Texas own their home, lower than the Texas average of 56.7%.
What is the vacancy rate in Floyd County, Texas?
The housing vacancy rate in Floyd County, Texas is 24.7%, higher than the Texas average of 9.4%.
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