Housing Market Overview

Housing market data including home prices, rent costs, affordability metrics, and housing stock characteristics.

$295,901
$1,331

Housing Market Overview

Metric Gillespie County Texas Avg US Average
Median Home Price $295,901 $248,418 $242,182
Price Trend (Annual %) 4.8% 9.9% 8.2%
Median Gross Rent $1,331 $1,338 $1,342
Rent Trend (Annual %) 6.1% 5.7% 5.1%
Household Income Trend (Annual %)

Housing Cost & Rent Trends

Median Home Price Over Time
Gillespie County
Texas
United States
Year Gillespie County Texas United States
Median Rent Over Time
Gillespie County
Texas
United States
Year Gillespie County Texas United States

Affordability

On average, housing unit costs 4.3 yearly household incomes in Gillespie County.

Metric Gillespie County Texas Avg US Average
Median Home Price $295,901 $248,418 $242,182
Median Household Income $69,011 $76,510 $78,145
Price-to-Income Ratio 4.3 3.2 3.1
Home Prices vs Income Over Time
Home Prices
Household Income
Income Growth vs Housing Cost Growth (Year-over-Year %)

Compare income and housing cost trends.

Household Income Growth %
Housing Cost Growth %
Year Income Growth % Housing Cost Growth % Gap (Cost - Income)

Occupancy & Tenure

Metric Gillespie County Texas Avg US Average
Homeownership Rate 56.1% 56.5% 58.2%
Rental Rate 22.9% 33.8% 31.3%
Vacancy Rate 20.9% 9.6% 10.6%
Median Tenure (years) 15.0 14.0 15.0
Median Year Moved In 2011 2012 2011

Housing Stock

Metric Gillespie County Texas Avg US Average
Average Household Size 2.38 people 2.70 people 2.54 people
Median Structure Built Year 1988 1989 1978
Median Number of Rooms 5.6 5.4 5.5