Hansford County, Texas Housing Market Prices
Hansford 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 57% below the Texas median Cheaper than 70% of counties in Texas$112,500
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Median rent 33% below the Texas median$938
Median Home Price Map: Nearby Counties
Housing Market Overview
| Metric | Hansford County | Texas Avg | US Average |
|---|---|---|---|
| Median Home Price | $112,500 | $258,873 | $248,835 |
| Price Trend (Annual %) | 23.6% | 9.2% | 7.5% |
| Median Gross Rent | $938 | $1,402 | $1,407 |
| Rent Trend (Annual %) | 4.6% | 5.6% | 5.1% |
| Household Income Trend (Annual %) | — | — | — |
The median home price in Hansford County is about 57% lower than in Texas. Rent is about 33% lower than the Texas average.
Median Home and Rent Price Trends
Median Home Prices, 2015-2019
Median Rent Prices, 2015-2024
Both home prices and rent are rising in Hansford County, up about 23.6% and 4.6% a year respectively. Home prices are changing faster.
Median rent in Hansford County rose about 47.1% between 2015 and 2024, from $638 to $938. Over the same span, rent in Texas rose about 59.1%.
Affordability
On average, housing unit costs 1.6 yearly household incomes in Hansford County.
Buying the median-priced home in Hansford County costs roughly 10.0 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 Hansford County. The price-to-rent ratio in Texas is about 15.4.
| Metric | Hansford County | Texas Avg | US Average |
|---|---|---|---|
| Median Home Price | $112,500 | $258,873 | $248,835 |
| Median Household Income | $70,655 | $78,939 | $80,455 |
| Price-to-Income Ratio | 1.6 | 3.3 | 3.1 |
Home Prices vs Income Over Time
Between 2015 and 2019, the median home price in Hansford County rose about 61.6%, while median household income rose about 29.2% 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 | Hansford County | Texas Avg | US Average |
|---|---|---|---|
| Homeownership Rate | 66.3% | 56.7% | 58.5% |
| Rental Rate | 15.4% | 33.9% | 31.2% |
| Vacancy Rate | 18.3% | 9.4% | 10.2% |
| Median Tenure (years) | 15.0 | 14.0 | 15.0 |
| Median Year Moved In | 2011 | 2012 | 2011 |
Hansford County has a homeownership rate of 66.3%, higher than the Texas average of 56.7%. Its housing vacancy rate is 18.3%, compared with 9.4% in Texas.
Housing Stock
| Metric | Hansford County | Texas Avg | US Average |
|---|---|---|---|
| Average Household Size | 2.72 people | 2.69 people | 2.53 people |
| Median Structure Built Year | 1970 | 1990 | 1978 |
| Median Number of Rooms | 5.9 | 5.4 | 5.5 |
The typical housing unit in Hansford County was built around 1970. On average, 2.7 people live in a home with about 5.9 rooms, staying for about 15.0 years on average.
Hansford County, TX Housing Compared With Nearby Counties
How Hansford County, TX compares with the 2 counties closest to it.
| Area | Population | Median home price | Median rent | Homeownership |
|---|---|---|---|---|
| Hansford County, TX | 5,119 | $112,500 #2/3 | $938 #1/3 | 81.2% #2/3 |
| Hutchinson County, TX | 20,184 | $55,434 | $931 | 83.3% |
| Ochiltree County, TX | 9,786 | $144,485 | $890 | 72.7% |
Frequently Asked Questions
Common questions about the housing market in Hansford County, Texas.
What is the median home price in Hansford County, Texas?
The median home price in Hansford County, Texas is $112,500, lower than the Texas average of $258,873.
What is the average home price in Hansford County, Texas?
The typical home price in Hansford County, Texas, reported as the median sale price, is $112,500. 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 Hansford County, Texas?
The median gross rent in Hansford County, Texas is $938 per month, lower than the Texas average of $1,402.
What was the median gross rent in Hansford County in 2020?
In 2020, the median gross rent in Hansford County, Texas was $734 per month.
What is the price-to-rent ratio in Hansford County, Texas?
The price-to-rent ratio in Hansford County, Texas is about 10.0, meaning it would take roughly 10.0 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 Hansford County.
Are home prices or rent rising faster in Hansford County, Texas?
Both home prices and rent are rising in Hansford County, up about 23.6% and 4.6% a year respectively. Home prices are changing faster.
What is the homeownership rate in Hansford County, Texas?
66.3% of households in Hansford County, Texas own their home, higher than the Texas average of 56.7%.
What is the vacancy rate in Hansford County, Texas?
The housing vacancy rate in Hansford County, Texas is 18.3%, higher than the Texas average of 9.4%.
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