Kyle, Texas Housing Market Prices
Kyle 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 114% above the Texas median$554,329
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Median rent 21% above the Texas median$1,700
Housing Market Overview
| Metric | Kyle | Texas Avg | US Average |
|---|---|---|---|
| Median Home Price | $554,329 | $258,873 | $248,835 |
| Price Trend (Annual %) | 19.1% | 9.2% | 7.5% |
| Median Gross Rent | $1,700 | $1,402 | $1,407 |
| Rent Trend (Annual %) | 3.4% | 5.6% | 5.1% |
| Household Income Trend (Annual %) | — | — | — |
The median home price in Kyle is about 114% higher than in Texas. Rent is about 21% 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 Kyle, up about 19.1% and 3.4% a year respectively. Home prices are changing faster.
Median rent in Kyle rose about 33.8% between 2015 and 2024, from $1,270 to $1,700. Over the same span, rent in Texas rose about 59.1%.
Affordability
On average, housing unit costs 6.2 yearly household incomes in Kyle.
Buying the median-priced home in Kyle costs roughly 27.2 years of rent at the median monthly rate. That is a relatively high price-to-rent ratio, which tends to favor renting over buying in Kyle. The price-to-rent ratio in Texas is about 15.4.
| Metric | Kyle | Texas Avg | US Average |
|---|---|---|---|
| Median Home Price | $554,329 | $258,873 | $248,835 |
| Median Household Income | $89,894 | $78,939 | $80,455 |
| Price-to-Income Ratio | 6.2 | 3.3 | 3.1 |
Home Prices vs Income Over Time
Between 2015 and 2024, the median home price in Kyle rose about 276.9%, while median household income rose about 51.9% 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 | Kyle | Texas Avg | US Average |
|---|---|---|---|
| Homeownership Rate | 63.5% | 56.7% | 58.5% |
| Rental Rate | 34.0% | 33.9% | 31.2% |
| Vacancy Rate | 2.5% | 9.4% | 10.2% |
| Median Tenure (years) | 9.0 | 14.0 | 15.0 |
| Median Year Moved In | 2017 | 2012 | 2011 |
Kyle has a homeownership rate of 63.5%, higher than the Texas average of 56.7%. Its housing vacancy rate is 2.5%, compared with 9.4% in Texas.
Housing Stock
| Metric | Kyle | Texas Avg | US Average |
|---|---|---|---|
| Average Household Size | 2.65 people | 2.69 people | 2.53 people |
| Median Structure Built Year | 2010 | 1990 | 1978 |
| Median Number of Rooms | 5.6 | 5.4 | 5.5 |
The typical housing unit in Kyle was built around 2010. On average, 2.7 people live in a home with about 5.6 rooms, staying for about 9.0 years on average.
Frequently Asked Questions
Common questions about the housing market in Kyle, Texas.
What is the median home price in Kyle, Texas?
The median home price in Kyle, Texas is $554,329, higher than the Texas average of $258,873.
What is the average home price in Kyle, Texas?
The typical home price in Kyle, Texas, reported as the median sale price, is $554,329. 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 Kyle, Texas?
The median gross rent in Kyle, Texas is $1,700 per month, higher than the Texas average of $1,402.
What was the median gross rent in Kyle in 2020?
In 2020, the median gross rent in Kyle, Texas was $1,486 per month.
What is the price-to-rent ratio in Kyle, Texas?
The price-to-rent ratio in Kyle, Texas is about 27.2, meaning it would take roughly 27.2 years of rent payments at the median rent to equal the median home price. That is a relatively high price-to-rent ratio, which tends to favor renting over buying in Kyle.
Are home prices or rent rising faster in Kyle, Texas?
Both home prices and rent are rising in Kyle, up about 19.1% and 3.4% a year respectively. Home prices are changing faster.
What is the homeownership rate in Kyle, Texas?
63.5% of households in Kyle, Texas own their home, higher than the Texas average of 56.7%.
What is the vacancy rate in Kyle, Texas?
The housing vacancy rate in Kyle, Texas is 2.5%, lower than the Texas average of 9.4%.
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