Fort Hood, Texas Housing Market Prices
Fort Hood 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 priceN/A
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Median rent About the same as the Texas median$1,396
Housing Market Overview
| Metric | Fort Hood | Texas Avg | US Average |
|---|---|---|---|
| Median Home Price | — | $258,873 | $248,835 |
| Price Trend (Annual %) | — | 9.2% | 7.5% |
| Median Gross Rent | $1,396 | $1,402 | $1,407 |
| Rent Trend (Annual %) | 2.4% | 5.6% | 5.1% |
| Household Income Trend (Annual %) | — | — | — |
Rent follows a similar pattern, running close to the Texas average.
Affordability
| Metric | Fort Hood | Texas Avg | US Average |
|---|---|---|---|
| Median Home Price | — | $258,873 | $248,835 |
| Median Household Income | $61,637 | $78,939 | $80,455 |
| Price-to-Income Ratio | — | 3.3 | 3.1 |
Occupancy & Tenure
| Metric | Fort Hood | Texas Avg | US Average |
|---|---|---|---|
| Homeownership Rate | 0.2% | 56.7% | 58.5% |
| Rental Rate | 79.2% | 33.9% | 31.2% |
| Vacancy Rate | 20.5% | 9.4% | 10.2% |
| Median Tenure (years) | 5.0 | 14.0 | 15.0 |
| Median Year Moved In | 2021 | 2012 | 2011 |
Fort Hood has a homeownership rate of 0.2%, lower than the Texas average of 56.7%. Its housing vacancy rate is 20.5%, compared with 9.4% in Texas.
Housing Stock
| Metric | Fort Hood | Texas Avg | US Average |
|---|---|---|---|
| Average Household Size | 3.33 people | 2.69 people | 2.53 people |
| Median Structure Built Year | 1984 | 1990 | 1978 |
| Median Number of Rooms | 5.2 | 5.4 | 5.5 |
The typical housing unit in Fort Hood was built around 1984. On average, 3.3 people live in a home with about 5.2 rooms, staying for about 5.0 years on average.
Fort Hood, TX Housing Compared With Nearby Cities
How Fort Hood, TX compares with the 2 cities closest to it.
| Area | Population | Median home price | Median rent | Homeownership |
|---|---|---|---|---|
| Fort Hood, TX | 23,244 | — | $1,396 #1/3 | 0.3% #3/3 |
| Killeen, TX | 148,206 | $189,503 | $1,205 | 48.8% |
| Harker Heights, TX | 29,853 | $286,441 | $1,133 | 58.6% |
Frequently Asked Questions
Common questions about the housing market in Fort Hood, Texas.
What is the median rent in Fort Hood, Texas?
The median gross rent in Fort Hood, Texas is $1,396 per month, about the same as the Texas average.
What was the median gross rent in Fort Hood in 2020?
In 2020, the median gross rent in Fort Hood, Texas was $1,200 per month.
What is the homeownership rate in Fort Hood, Texas?
0.2% of households in Fort Hood, Texas own their home, lower than the Texas average of 56.7%.
What is the vacancy rate in Fort Hood, Texas?
The housing vacancy rate in Fort Hood, Texas is 20.5%, higher than the Texas average of 9.4%.
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