Lampasas County, Texas Housing Market Prices
Lampasas 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 16% below the Texas median$218,298
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Median rent 24% below the Texas median$1,059
Median Home Price Map: Nearby Counties
Housing Market Overview
| Metric | Lampasas County | Texas Avg | US Average |
|---|---|---|---|
| Median Home Price | $218,298 | $258,873 | $248,835 |
| Price Trend (Annual %) | 14.9% | 9.2% | 7.5% |
| Median Gross Rent | $1,059 | $1,402 | $1,407 |
| Rent Trend (Annual %) | 3.9% | 5.6% | 5.1% |
| Household Income Trend (Annual %) | — | — | — |
The median home price in Lampasas County is about 16% lower than in Texas. Rent is about 24% 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 Lampasas County, up about 14.9% and 3.9% a year respectively. Home prices are changing faster.
Median rent in Lampasas County rose about 37.3% between 2015 and 2024, from $771 to $1,059. Over the same span, rent in Texas rose about 59.1%.
Affordability
On average, housing unit costs 2.6 yearly household incomes in Lampasas County.
Buying the median-priced home in Lampasas County costs roughly 17.2 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 Lampasas County. The price-to-rent ratio in Texas is about 15.4.
| Metric | Lampasas County | Texas Avg | US Average |
|---|---|---|---|
| Median Home Price | $218,298 | $258,873 | $248,835 |
| Median Household Income | $83,509 | $78,939 | $80,455 |
| Price-to-Income Ratio | 2.6 | 3.3 | 3.1 |
Home Prices vs Income Over Time
Between 2015 and 2024, the median home price in Lampasas County rose about 74.6%, while median household income rose about 67.9% 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 | Lampasas County | Texas Avg | US Average |
|---|---|---|---|
| Homeownership Rate | 68.1% | 56.7% | 58.5% |
| Rental Rate | 16.9% | 33.9% | 31.2% |
| Vacancy Rate | 15.0% | 9.4% | 10.2% |
| Median Tenure (years) | 13.0 | 14.0 | 15.0 |
| Median Year Moved In | 2013 | 2012 | 2011 |
Lampasas County has a homeownership rate of 68.1%, higher than the Texas average of 56.7%. Its housing vacancy rate is 15.0%, compared with 9.4% in Texas.
Housing Stock
| Metric | Lampasas County | Texas Avg | US Average |
|---|---|---|---|
| Average Household Size | 2.68 people | 2.69 people | 2.53 people |
| Median Structure Built Year | 1987 | 1990 | 1978 |
| Median Number of Rooms | 6.0 | 5.4 | 5.5 |
The typical housing unit in Lampasas County was built around 1987. On average, 2.7 people live in a home with about 6.0 rooms, staying for about 13.0 years on average.
Lampasas County, TX Housing Compared With Nearby Counties
Lampasas County, TX is the 3rd largest of the 4 counties compared here, 22,709 residents against a local median of 52,652. Lampasas County, TX's median home price, at $218,298, runs 39% above the $156,877 typical of the counties around it.
The counties themselves spread $162,651 on median home price, so Lampasas County, TX sits at one end of an already wide local range rather than apart from it. Lampasas County, TX has the 2nd highest median home price of the 4 areas compared here.
| Area | Population | Median home price | Median rent | Homeownership |
|---|---|---|---|---|
| Lampasas County, TX | 22,709 | $218,298 #2/4 | $1,059 #3/4 | 80.1% #1/4 |
| Burnet County, TX | 52,652 | $315,151 | $1,319 | 76.3% |
| Coryell County, TX | 84,738 | $156,877 | $1,186 | 58.6% |
| Hamilton County, TX | 8,406 | $152,500 | $884 | 78.7% |
Frequently Asked Questions
Common questions about the housing market in Lampasas County, Texas.
What is the median home price in Lampasas County, Texas?
The median home price in Lampasas County, Texas is $218,298, lower than the Texas average of $258,873.
What is the average home price in Lampasas County, Texas?
The typical home price in Lampasas County, Texas, reported as the median sale price, is $218,298. 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 Lampasas County, Texas?
The median gross rent in Lampasas County, Texas is $1,059 per month, lower than the Texas average of $1,402.
What was the median gross rent in Lampasas County in 2020?
In 2020, the median gross rent in Lampasas County, Texas was $781 per month.
What is the price-to-rent ratio in Lampasas County, Texas?
The price-to-rent ratio in Lampasas County, Texas is about 17.2, meaning it would take roughly 17.2 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 Lampasas County.
Are home prices or rent rising faster in Lampasas County, Texas?
Both home prices and rent are rising in Lampasas County, up about 14.9% and 3.9% a year respectively. Home prices are changing faster.
What is the homeownership rate in Lampasas County, Texas?
68.1% of households in Lampasas County, Texas own their home, higher than the Texas average of 56.7%.
What is the vacancy rate in Lampasas County, Texas?
The housing vacancy rate in Lampasas County, Texas is 15.0%, higher than the Texas average of 9.4%.
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