Howard County, Texas Housing Market Prices
Howard 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.
-
Median home price 14% below the Texas median$223,750
-
Median rent 26% below the Texas median$1,034
Median Home Price Map: Nearby Counties
Housing Market Overview
| Metric | Howard County | Texas Avg | US Average |
|---|---|---|---|
| Median Home Price | $223,750 | $258,873 | $248,835 |
| Price Trend (Annual %) | 22.6% | 9.2% | 7.5% |
| Median Gross Rent | $1,034 | $1,402 | $1,407 |
| Rent Trend (Annual %) | 2.9% | 5.6% | 5.1% |
| Household Income Trend (Annual %) | — | — | — |
The median home price in Howard County is about 14% lower than in Texas. Rent is about 26% 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 Howard County, up about 22.6% and 2.9% a year respectively. Home prices are changing faster.
Median rent in Howard County rose about 32.8% between 2015 and 2024, from $778 to $1,034. Over the same span, rent in Texas rose about 59.1%.
Affordability
On average, housing unit costs 3.2 yearly household incomes in Howard County.
Buying the median-priced home in Howard County costs roughly 18.0 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 Howard County. The price-to-rent ratio in Texas is about 15.4.
| Metric | Howard County | Texas Avg | US Average |
|---|---|---|---|
| Median Home Price | $223,750 | $258,873 | $248,835 |
| Median Household Income | $69,578 | $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 Howard County rose about 218.4%, while median household income rose about 75.5% 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 | Howard County | Texas Avg | US Average |
|---|---|---|---|
| Homeownership Rate | 60.3% | 56.7% | 58.5% |
| Rental Rate | 26.5% | 33.9% | 31.2% |
| Vacancy Rate | 13.2% | 9.4% | 10.2% |
| Median Tenure (years) | 14.0 | 14.0 | 15.0 |
| Median Year Moved In | 2012 | 2012 | 2011 |
Howard County has a homeownership rate of 60.3%, higher than the Texas average of 56.7%. Its housing vacancy rate is 13.2%, compared with 9.4% in Texas.
Housing Stock
| Metric | Howard County | Texas Avg | US Average |
|---|---|---|---|
| Average Household Size | 2.39 people | 2.69 people | 2.53 people |
| Median Structure Built Year | 1970 | 1990 | 1978 |
| Median Number of Rooms | 5.3 | 5.4 | 5.5 |
The typical housing unit in Howard County was built around 1970. On average, 2.4 people live in a home with about 5.3 rooms, staying for about 14.0 years on average.
Howard County, TX Housing Compared With Nearby Counties
How Howard County, TX compares with the 1 counties closest to it.
| Area | Population | Median home price | Median rent | Homeownership |
|---|---|---|---|---|
| Howard County, TX | 32,290 | $223,750 #1/2 | $1,034 #1/2 | 69.5% #2/2 |
| Mitchell County, TX | 9,018 | $18,627 | $523 | 78.7% |
Frequently Asked Questions
Common questions about the housing market in Howard County, Texas.
What is the median home price in Howard County, Texas?
The median home price in Howard County, Texas is $223,750, lower than the Texas average of $258,873.
What is the average home price in Howard County, Texas?
The typical home price in Howard County, Texas, reported as the median sale price, is $223,750. 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 Howard County, Texas?
The median gross rent in Howard County, Texas is $1,034 per month, lower than the Texas average of $1,402.
What was the median gross rent in Howard County in 2020?
In 2020, the median gross rent in Howard County, Texas was $868 per month.
What is the price-to-rent ratio in Howard County, Texas?
The price-to-rent ratio in Howard County, Texas is about 18.0, meaning it would take roughly 18.0 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 Howard County.
Are home prices or rent rising faster in Howard County, Texas?
Both home prices and rent are rising in Howard County, up about 22.6% and 2.9% a year respectively. Home prices are changing faster.
What is the homeownership rate in Howard County, Texas?
60.3% of households in Howard County, Texas own their home, higher than the Texas average of 56.7%.
What is the vacancy rate in Howard County, Texas?
The housing vacancy rate in Howard County, Texas is 13.2%, higher than the Texas average of 9.4%.
Analyze any area in the US
Get local demographics for any address, aggregated by drive time or radius, on the interactive map.
Explore the map →