Hood County, Texas Housing Market Prices
Hood 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 10% above the Texas median More expensive than 77% of counties in Texas$284,154
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Median rent 2% above the Texas median More expensive than 92% of counties in Texas$1,428
Median Home Price Map: Nearby Counties
Housing Market Overview
| Metric | Hood County | Texas Avg | US Average |
|---|---|---|---|
| Median Home Price | $284,154 | $258,873 | $248,835 |
| Price Trend (Annual %) | 17.7% | 9.2% | 7.5% |
| Median Gross Rent | $1,428 | $1,402 | $1,407 |
| Rent Trend (Annual %) | 6.5% | 5.6% | 5.1% |
| Household Income Trend (Annual %) | — | — | — |
The median home price in Hood County is about 10% higher than in Texas. Rent is about 2% 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 Hood County, up about 17.7% and 6.5% a year respectively. Home prices are changing faster.
Median rent in Hood County rose about 68.6% between 2015 and 2024, from $847 to $1,428. Over the same span, rent in Texas rose about 59.1%.
Affordability
On average, housing unit costs 3.2 yearly household incomes in Hood County.
Buying the median-priced home in Hood County costs roughly 16.6 years of rent at the median monthly rate. That is a moderate price-to-rent ratio, where buying and renting are often similarly cost-effective in Hood County. The price-to-rent ratio in Texas is about 15.4.
| Metric | Hood County | Texas Avg | US Average |
|---|---|---|---|
| Median Home Price | $284,154 | $258,873 | $248,835 |
| Median Household Income | $87,655 | $78,939 | $80,455 |
| Price-to-Income Ratio | 3.2 | 3.3 | 3.1 |
Home Prices vs Income Over Time
Between 2015 and 2024, the median home price in Hood County rose about 219.3%, while median household income rose about 59.0% 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 | Hood County | Texas Avg | US Average |
|---|---|---|---|
| Homeownership Rate | 71.3% | 56.7% | 58.5% |
| Rental Rate | 16.5% | 33.9% | 31.2% |
| Vacancy Rate | 12.2% | 9.4% | 10.2% |
| Median Tenure (years) | 13.0 | 14.0 | 15.0 |
| Median Year Moved In | 2013 | 2012 | 2011 |
Hood County has a homeownership rate of 71.3%, higher than the Texas average of 56.7%. Its housing vacancy rate is 12.2%, compared with 9.4% in Texas.
Housing Stock
| Metric | Hood County | Texas Avg | US Average |
|---|---|---|---|
| Average Household Size | 2.54 people | 2.69 people | 2.53 people |
| Median Structure Built Year | 1997 | 1990 | 1978 |
| Median Number of Rooms | 5.7 | 5.4 | 5.5 |
The typical housing unit in Hood County was built around 1997. On average, 2.5 people live in a home with about 5.7 rooms, staying for about 13.0 years on average.
Hood County, TX Housing Compared With Nearby Counties
Hood County, TX is the 3rd largest of the 5 counties compared here, 65,894 residents against a local median of 104,481. Hood County, TX's median home price, at $284,154, runs 20% above the $236,815 typical of the counties around it.
The counties themselves spread $213,437 on median home price, so Hood County, TX sits at one end of an already wide local range rather than apart from it. Hood County, TX has the 2nd highest median home price of the 5 areas compared here.
| Area | Population | Median home price | Median rent | Homeownership |
|---|---|---|---|---|
| Hood County, TX | 65,894 | $284,154 #2/5 | $1,428 #2/5 | 81.2% #1/5 |
| Parker County, TX | 165,168 | $240,818 | $1,500 | 80.7% |
| Erath County, TX | 43,794 | $232,812 | $1,146 | 63.1% |
| Johnson County, TX | 195,591 | $194,630 | $1,398 | 74.7% |
| Bosque County, TX | 18,691 | $408,067 | $928 | 75.8% |
Frequently Asked Questions
Common questions about the housing market in Hood County, Texas.
What is the median home price in Hood County, Texas?
The median home price in Hood County, Texas is $284,154, higher than the Texas average of $258,873.
What is the average home price in Hood County, Texas?
The typical home price in Hood County, Texas, reported as the median sale price, is $284,154. 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 Hood County, Texas?
The median gross rent in Hood County, Texas is $1,428 per month, higher than the Texas average of $1,402.
What was the median gross rent in Hood County in 2020?
In 2020, the median gross rent in Hood County, Texas was $1,009 per month.
What is the price-to-rent ratio in Hood County, Texas?
The price-to-rent ratio in Hood County, Texas is about 16.6, meaning it would take roughly 16.6 years of rent payments at the median rent to equal the median home price. That is a moderate price-to-rent ratio, where buying and renting are often similarly cost-effective in Hood County.
Are home prices or rent rising faster in Hood County, Texas?
Both home prices and rent are rising in Hood County, up about 17.7% and 6.5% a year respectively. Home prices are changing faster.
What is the homeownership rate in Hood County, Texas?
71.3% of households in Hood County, Texas own their home, higher than the Texas average of 56.7%.
What is the vacancy rate in Hood County, Texas?
The housing vacancy rate in Hood County, Texas is 12.2%, higher than the Texas average of 9.4%.
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