Grimes County, Texas Housing Market Prices
Grimes 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 49% below the Texas median$132,386
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Median rent 24% below the Texas median More expensive than 72% of counties in Texas$1,069
Median Home Price Map: Nearby Counties
Housing Market Overview
| Metric | Grimes County | Texas Avg | US Average |
|---|---|---|---|
| Median Home Price | $132,386 | $258,873 | $248,835 |
| Price Trend (Annual %) | 1.1% | 9.2% | 7.5% |
| Median Gross Rent | $1,069 | $1,402 | $1,407 |
| Rent Trend (Annual %) | 7.0% | 5.6% | 5.1% |
| Household Income Trend (Annual %) | — | — | — |
The median home price in Grimes County is about 49% lower than in Texas. Rent is about 24% 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 Grimes County, up about 1.1% and 7.0% a year respectively. Rent is changing faster.
Median rent in Grimes County rose about 60.6% between 2015 and 2024, from $666 to $1,069. Over the same span, rent in Texas rose about 59.1%.
Affordability
On average, housing unit costs 1.9 yearly household incomes in Grimes County.
Buying the median-priced home in Grimes County costs roughly 10.3 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 Grimes County. The price-to-rent ratio in Texas is about 15.4.
| Metric | Grimes County | Texas Avg | US Average |
|---|---|---|---|
| Median Home Price | $132,386 | $258,873 | $248,835 |
| Median Household Income | $69,911 | $78,939 | $80,455 |
| Price-to-Income Ratio | 1.9 | 3.3 | 3.1 |
Home Prices vs Income Over Time
Between 2015 and 2024, the median home price in Grimes County fell about 24.7%, while median household income rose about 71.5% 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 | Grimes County | Texas Avg | US Average |
|---|---|---|---|
| Homeownership Rate | 66.4% | 56.7% | 58.5% |
| Rental Rate | 16.7% | 33.9% | 31.2% |
| Vacancy Rate | 17.0% | 9.4% | 10.2% |
| Median Tenure (years) | 14.0 | 14.0 | 15.0 |
| Median Year Moved In | 2012 | 2012 | 2011 |
Grimes County has a homeownership rate of 66.4%, higher than the Texas average of 56.7%. Its housing vacancy rate is 17.0%, compared with 9.4% in Texas.
Housing Stock
| Metric | Grimes County | Texas Avg | US Average |
|---|---|---|---|
| Average Household Size | 2.71 people | 2.69 people | 2.53 people |
| Median Structure Built Year | 1998 | 1990 | 1978 |
| Median Number of Rooms | 5.4 | 5.4 | 5.5 |
The typical housing unit in Grimes County was built around 1998. On average, 2.7 people live in a home with about 5.4 rooms, staying for about 14.0 years on average.
Grimes County, TX Housing Compared With Nearby Counties
Grimes County, TX is the smallest of the 5 counties compared here, 31,340 residents against a local median of 70,880. Where Grimes County, TX breaks from the counties next to it is median home price, sitting 52% below the local median of $278,573 at $132,386.
Homeownership tells the same story from another angle: 79.9% against a local median of 63.1%, 27% above it. The one measure here that carries a verdict is homeownership, and at 27% above the local median it puts Grimes County, TX at the better end of the local range. The counties themselves spread $254,466 on median home price, so Grimes County, TX sits at one end of an already wide local range rather than apart from it. Grimes County, TX has the 4th highest median home price of the 5 areas compared here.
| Area | Population | Median home price | Median rent | Homeownership |
|---|---|---|---|---|
| Grimes County, TX | 31,340 | $132,386 #4/5 | $1,069 #4/5 | 79.9% #1/5 |
| Brazos County, TX | 242,290 | $204,055 | $1,192 | 46.8% |
| Walker County, TX | 80,209 | $122,806 | $1,030 | 56.5% |
| Washington County, TX | 36,647 | $377,272 | $1,164 | 69.8% |
| Waller County, TX | 61,552 | $353,092 | $1,168 | 72.0% |
Frequently Asked Questions
Common questions about the housing market in Grimes County, Texas.
What is the median home price in Grimes County, Texas?
The median home price in Grimes County, Texas is $132,386, lower than the Texas average of $258,873.
What is the average home price in Grimes County, Texas?
The typical home price in Grimes County, Texas, reported as the median sale price, is $132,386. 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 Grimes County, Texas?
The median gross rent in Grimes County, Texas is $1,069 per month, lower than the Texas average of $1,402.
What was the median gross rent in Grimes County in 2020?
In 2020, the median gross rent in Grimes County, Texas was $692 per month.
What is the price-to-rent ratio in Grimes County, Texas?
The price-to-rent ratio in Grimes County, Texas is about 10.3, meaning it would take roughly 10.3 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 Grimes County.
Are home prices or rent rising faster in Grimes County, Texas?
Both home prices and rent are rising in Grimes County, up about 1.1% and 7.0% a year respectively. Rent is changing faster.
What is the homeownership rate in Grimes County, Texas?
66.4% of households in Grimes County, Texas own their home, higher than the Texas average of 56.7%.
What is the vacancy rate in Grimes County, Texas?
The housing vacancy rate in Grimes County, Texas is 17.0%, higher than the Texas average of 9.4%.
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