Garza County, Texas Housing Market Prices
Garza 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 73% below the Texas median Cheaper than 82% of counties in Texas$68,970
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Median rent 40% below the Texas median Cheaper than 72% of counties in Texas$837
Median Home Price Map: Nearby Counties
Housing Market Overview
| Metric | Garza County | Texas Avg | US Average |
|---|---|---|---|
| Median Home Price | $68,970 | $258,873 | $248,835 |
| Price Trend (Annual %) | -7.5% | 9.2% | 7.5% |
| Median Gross Rent | $837 | $1,402 | $1,407 |
| Rent Trend (Annual %) | 2.8% | 5.6% | 5.1% |
| Household Income Trend (Annual %) | — | — | — |
The median home price in Garza County is about 73% lower than in Texas. Rent is about 40% lower than the Texas average.
Median Home and Rent Price Trends
Median Home Prices, 2017-2024
Median Rent Prices, 2015-2024
Home prices and rent are moving in opposite directions in Garza County: home prices fell about 7.5% a year while rent rose about 2.8% a year. That is an unusual pattern worth watching.
Median rent in Garza County rose about 15.2% between 2015 and 2024, from $727 to $837. Over the same span, rent in Texas rose about 59.1%.
Affordability
On average, housing unit costs 1.5 yearly household incomes in Garza County.
Buying the median-priced home in Garza County costs roughly 6.9 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 Garza County. The price-to-rent ratio in Texas is about 15.4.
| Metric | Garza County | Texas Avg | US Average |
|---|---|---|---|
| Median Home Price | $68,970 | $258,873 | $248,835 |
| Median Household Income | $47,383 | $78,939 | $80,455 |
| Price-to-Income Ratio | 1.5 | 3.3 | 3.1 |
Home Prices vs Income Over Time
Between 2017 and 2024, the median home price in Garza County fell about 92.1%, while median household income rose about 61.5% 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 | Garza County | Texas Avg | US Average |
|---|---|---|---|
| Homeownership Rate | 47.1% | 56.7% | 58.5% |
| Rental Rate | 19.7% | 33.9% | 31.2% |
| Vacancy Rate | 33.2% | 9.4% | 10.2% |
| Median Tenure (years) | 17.0 | 14.0 | 15.0 |
| Median Year Moved In | 2009 | 2012 | 2011 |
Garza County has a homeownership rate of 47.1%, lower than the Texas average of 56.7%. Its housing vacancy rate is 33.2%, compared with 9.4% in Texas.
Housing Stock
| Metric | Garza County | Texas Avg | US Average |
|---|---|---|---|
| Average Household Size | 2.60 people | 2.69 people | 2.53 people |
| Median Structure Built Year | 1973 | 1990 | 1978 |
| Median Number of Rooms | 5.2 | 5.4 | 5.5 |
The typical housing unit in Garza County was built around 1973. On average, 2.6 people live in a home with about 5.2 rooms, staying for about 17.0 years on average.
Garza County, TX Housing Compared With Nearby Counties
How Garza County, TX compares with the 1 counties closest to it.
| Area | Population | Median home price | Median rent | Homeownership |
|---|---|---|---|---|
| Garza County, TX | 5,118 | $68,970 #2/2 | $837 #1/2 | 70.5% #1/2 |
| Crosby County, TX | 5,041 | $81,666 | $683 | 68.8% |
Frequently Asked Questions
Common questions about the housing market in Garza County, Texas.
What is the median home price in Garza County, Texas?
The median home price in Garza County, Texas is $68,970, lower than the Texas average of $258,873.
What is the average home price in Garza County, Texas?
The typical home price in Garza County, Texas, reported as the median sale price, is $68,970. 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 Garza County, Texas?
The median gross rent in Garza County, Texas is $837 per month, lower than the Texas average of $1,402.
What was the median gross rent in Garza County in 2020?
In 2020, the median gross rent in Garza County, Texas was $703 per month.
What is the price-to-rent ratio in Garza County, Texas?
The price-to-rent ratio in Garza County, Texas is about 6.9, meaning it would take roughly 6.9 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 Garza County.
Are home prices or rent rising faster in Garza County, Texas?
Home prices and rent are moving in opposite directions in Garza County: home prices fell about 7.5% a year while rent rose about 2.8% a year. That is an unusual pattern worth watching.
What is the homeownership rate in Garza County, Texas?
47.1% of households in Garza County, Texas own their home, lower than the Texas average of 56.7%.
What is the vacancy rate in Garza County, Texas?
The housing vacancy rate in Garza County, Texas is 33.2%, higher than the Texas average of 9.4%.
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