Grapevine, Texas Housing Market Prices
Grapevine 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 135% above the Texas median$608,763
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Median rent 32% above the Texas median$1,847
Housing Market Overview
| Metric | Grapevine | Texas Avg | US Average |
|---|---|---|---|
| Median Home Price | $608,763 | $258,873 | $248,835 |
| Price Trend (Annual %) | 35.7% | 9.2% | 7.5% |
| Median Gross Rent | $1,847 | $1,402 | $1,407 |
| Rent Trend (Annual %) | 6.5% | 5.6% | 5.1% |
| Household Income Trend (Annual %) | — | — | — |
The median home price in Grapevine is about 135% higher than in Texas. Rent is about 32% higher 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 Grapevine, up about 35.7% and 6.5% a year respectively. Home prices are changing faster.
Median rent in Grapevine rose about 68.7% between 2015 and 2024, from $1,095 to $1,847. Over the same span, rent in Texas rose about 59.1%.
Affordability
On average, housing unit costs 5.3 yearly household incomes in Grapevine.
Buying the median-priced home in Grapevine costs roughly 27.5 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 Grapevine. The price-to-rent ratio in Texas is about 15.4.
| Metric | Grapevine | Texas Avg | US Average |
|---|---|---|---|
| Median Home Price | $608,763 | $258,873 | $248,835 |
| Median Household Income | $115,051 | $78,939 | $80,455 |
| Price-to-Income Ratio | 5.3 | 3.3 | 3.1 |
Home Prices vs Income Over Time
Between 2015 and 2024, the median home price in Grapevine rose about 517.4%, while median household income rose about 51.5% 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 | Grapevine | Texas Avg | US Average |
|---|---|---|---|
| Homeownership Rate | 51.8% | 56.7% | 58.5% |
| Rental Rate | 42.6% | 33.9% | 31.2% |
| Vacancy Rate | 5.7% | 9.4% | 10.2% |
| Median Tenure (years) | 11.0 | 14.0 | 15.0 |
| Median Year Moved In | 2015 | 2012 | 2011 |
Grapevine has a homeownership rate of 51.8%, lower than the Texas average of 56.7%. Its housing vacancy rate is 5.7%, compared with 9.4% in Texas.
Housing Stock
| Metric | Grapevine | Texas Avg | US Average |
|---|---|---|---|
| Average Household Size | 2.38 people | 2.69 people | 2.53 people |
| Median Structure Built Year | 1995 | 1990 | 1978 |
| Median Number of Rooms | 5.6 | 5.4 | 5.5 |
The typical housing unit in Grapevine was built around 1995. On average, 2.4 people live in a home with about 5.6 rooms, staying for about 11.0 years on average.
Grapevine, TX Housing Compared With Nearby Cities
Grapevine, TX is typical in size for this group, 49,363 residents against a local median of 48,555, so the measures below are close to a like for like comparison. Where Grapevine, TX breaks from the cities next to it is median home price, sitting 80% above the local median of $338,526 at $608,763.
The cities themselves sit within $94,591 of each other on median home price, a tighter band than the gap between any of them and Grapevine, TX, which makes it a genuine outlier here rather than one end of a wide local spread. Grapevine, TX has the highest median home price of the 4 areas compared here.
| Area | Population | Median home price | Median rent | Homeownership |
|---|---|---|---|---|
| Grapevine, TX | 49,363 | $608,763 #1/4 | $1,847 #2/4 | 54.9% #2/4 |
| Euless, TX | 61,030 | $329,398 | $1,641 | 39.1% |
| Coppell, TX | 39,219 | $423,989 | $1,963 | 65.7% |
| Bedford, TX | 48,555 | $338,526 | $1,485 | 52.2% |
Frequently Asked Questions
Common questions about the housing market in Grapevine, Texas.
What is the median home price in Grapevine, Texas?
The median home price in Grapevine, Texas is $608,763, higher than the Texas average of $258,873.
What is the average home price in Grapevine, Texas?
The typical home price in Grapevine, Texas, reported as the median sale price, is $608,763. 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 Grapevine, Texas?
The median gross rent in Grapevine, Texas is $1,847 per month, higher than the Texas average of $1,402.
What was the median gross rent in Grapevine in 2020?
In 2020, the median gross rent in Grapevine, Texas was $1,432 per month.
What is the price-to-rent ratio in Grapevine, Texas?
The price-to-rent ratio in Grapevine, Texas is about 27.5, meaning it would take roughly 27.5 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 Grapevine.
Are home prices or rent rising faster in Grapevine, Texas?
Both home prices and rent are rising in Grapevine, up about 35.7% and 6.5% a year respectively. Home prices are changing faster.
What is the homeownership rate in Grapevine, Texas?
51.8% of households in Grapevine, Texas own their home, lower than the Texas average of 56.7%.
What is the vacancy rate in Grapevine, Texas?
The housing vacancy rate in Grapevine, Texas is 5.7%, lower than the Texas average of 9.4%.
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