Housing Market Overview
The median home price (often called the average home price), rent costs, affordability metrics, and housing stock characteristics for this housing market.
Median Home Price Map: Nearby Counties
Housing Market Overview
| Metric | Guadalupe County | Texas Avg | US Average |
|---|---|---|---|
| Median Home Price | $245,632 | $248,418 | $242,182 |
| Price Trend (Annual %) | 3.5% | 9.9% | 8.2% |
| Median Gross Rent | $1,438 | $1,338 | $1,342 |
| Rent Trend (Annual %) | 5.9% | 5.7% | 5.1% |
| Household Income Trend (Annual %) | — | — | — |
The median home price in Guadalupe County is about 1% lower than in Texas. Rent is about 7% higher than the Texas average.
Median Home and Rent Price Trends
Median Home Prices, 2015-2023
Median Rent Prices, 2015-2023
Both home prices and rent are rising in Guadalupe County, up about 3.5% and 5.9% a year respectively. Rent is changing faster.
Median rent in Guadalupe County rose about 60.3% between 2015 and 2023, from $897 to $1,438. Over the same span, rent in Texas rose about 51.9%.
Affordability
On average, housing unit costs 2.6 yearly household incomes in Guadalupe County.
Buying the median-priced home in Guadalupe County costs roughly 14.2 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 Guadalupe County. The price-to-rent ratio in Texas is about 15.5.
| Metric | Guadalupe County | Texas Avg | US Average |
|---|---|---|---|
| Median Home Price | $245,632 | $248,418 | $242,182 |
| Median Household Income | $93,602 | $76,510 | $78,145 |
| Price-to-Income Ratio | 2.6 | 3.2 | 3.1 |
Home Prices vs Income Over Time
Between 2015 and 2023, the median home price in Guadalupe County rose about 7.7%, while median household income rose about 57.7% between 2009 and 2023 — 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 | Guadalupe County | Texas Avg | US Average |
|---|---|---|---|
| Homeownership Rate | 73.3% | 56.5% | 58.2% |
| Rental Rate | 20.1% | 33.8% | 31.3% |
| Vacancy Rate | 6.6% | 9.6% | 10.6% |
| Median Tenure (years) | 13.0 | 14.0 | 15.0 |
| Median Year Moved In | 2013 | 2012 | 2011 |
Guadalupe County has a homeownership rate of 73.3%, higher than the Texas average of 56.5%. Its housing vacancy rate is 6.6%, compared with 9.6% in Texas.
Housing Stock
| Metric | Guadalupe County | Texas Avg | US Average |
|---|---|---|---|
| Average Household Size | 2.80 people | 2.70 people | 2.54 people |
| Median Structure Built Year | 1995 | 1989 | 1978 |
| Median Number of Rooms | 6.0 | 5.4 | 5.5 |
The typical housing unit in Guadalupe County was built around 1995. On average, 2.8 people live in a home with about 6.0 rooms, staying for about 13.0 years on average.
Frequently Asked Questions
Common questions about the housing market in Guadalupe County, Texas.
What is the median home price in Guadalupe County, Texas?
The median home price in Guadalupe County, Texas is $245,632, lower than the Texas average of $248,418.
What is the average home price in Guadalupe County, Texas?
The typical home price in %s, reported as the median sale price, is %s. 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 Guadalupe County, Texas?
The median gross rent in Guadalupe County, Texas is $1,438 per month, higher than the Texas average of $1,338.
What was the median gross rent in Guadalupe County in 2020?
In 2020, the median gross rent in Guadalupe County, Texas was $1,149 per month.
What is the price-to-rent ratio in Guadalupe County, Texas?
The price-to-rent ratio in Guadalupe County, Texas is about 14.2, meaning it would take roughly 14.2 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 Guadalupe County.
Are home prices or rent rising faster in Guadalupe County, Texas?
Both home prices and rent are rising in Guadalupe County, up about 3.5% and 5.9% a year respectively. Rent is changing faster.
What is the homeownership rate in Guadalupe County, Texas?
73.3% of households in Guadalupe County, Texas own their home, higher than the Texas average of 56.5%.
What is the vacancy rate in Guadalupe County, Texas?
The housing vacancy rate in Guadalupe County, Texas is 6.6%, lower than the Texas average of 9.6%.