King County, Texas Housing Market Prices
King 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 priceN/A
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Median rent 52% below the Texas median Cheaper than 93% of counties in Texas$674
Median Home Price Map: Nearby Counties
Housing Market Overview
| Metric | King County | Texas Avg | US Average |
|---|---|---|---|
| Median Home Price | — | $258,873 | $248,835 |
| Price Trend (Annual %) | — | 9.2% | 7.5% |
| Median Gross Rent | $674 | $1,402 | $1,407 |
| Rent Trend (Annual %) | -1.9% | 5.6% | 5.1% |
| Household Income Trend (Annual %) | — | — | — |
Rent is about 52% lower than the Texas average.
Affordability
| Metric | King County | Texas Avg | US Average |
|---|---|---|---|
| Median Home Price | — | $258,873 | $248,835 |
| Median Household Income | $47,976 | $78,939 | $80,455 |
| Price-to-Income Ratio | — | 3.3 | 3.1 |
Occupancy & Tenure
| Metric | King County | Texas Avg | US Average |
|---|---|---|---|
| Homeownership Rate | 34.9% | 56.7% | 58.5% |
| Rental Rate | 23.8% | 33.9% | 31.2% |
| Vacancy Rate | 41.3% | 9.4% | 10.2% |
| Median Tenure (years) | 16.0 | 14.0 | 15.0 |
| Median Year Moved In | 2010 | 2012 | 2011 |
King County has a homeownership rate of 34.9%, lower than the Texas average of 56.7%. Its housing vacancy rate is 41.3%, compared with 9.4% in Texas.
Housing Stock
| Metric | King County | Texas Avg | US Average |
|---|---|---|---|
| Average Household Size | 1.90 people | 2.69 people | 2.53 people |
| Median Structure Built Year | 1967 | 1990 | 1978 |
| Median Number of Rooms | 5.1 | 5.4 | 5.5 |
The typical housing unit in King County was built around 1967. On average, 1.9 people live in a home with about 5.1 rooms, staying for about 16.0 years on average.
Frequently Asked Questions
Common questions about the housing market in King County, Texas.
What is the median rent in King County, Texas?
The median gross rent in King County, Texas is $675 per month, lower than the Texas average of $1,402.
What is the homeownership rate in King County, Texas?
34.9% of households in King County, Texas own their home, lower than the Texas average of 56.7%.
What is the vacancy rate in King County, Texas?
The housing vacancy rate in King County, Texas is 41.3%, higher than the Texas average of 9.4%.
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