Housing Market Overview

Housing market data including home prices, rent costs, affordability metrics, and housing stock characteristics.

$5,000
$810

Housing Market Overview

Metric Menard County Texas Avg US Average
Median Home Price $5,000 $248,418 $242,182
Price Trend (Annual %) -14.4% 9.9% 8.2%
Median Gross Rent $810 $1,338 $1,342
Rent Trend (Annual %) 4.3% 5.7% 5.1%
Household Income Trend (Annual %)

Housing Cost & Rent Trends

Median Home Price Over Time
Menard County
Texas
United States
Year Menard County Texas United States
Median Rent Over Time
Menard County
Texas
United States
Year Menard County Texas United States

Affordability

On average, housing unit costs 0.1 yearly household incomes in Menard County.

Metric Menard County Texas Avg US Average
Median Home Price $5,000 $248,418 $242,182
Median Household Income $47,074 $76,510 $78,145
Price-to-Income Ratio 0.1 3.2 3.1
Home Prices vs Income Over Time
Home Prices
Household Income
Income Growth vs Housing Cost Growth (Year-over-Year %)

Compare income and housing cost trends.

Household Income Growth %
Housing Cost Growth %
Year Income Growth % Housing Cost Growth % Gap (Cost - Income)

Occupancy & Tenure

Metric Menard County Texas Avg US Average
Homeownership Rate 48.4% 56.5% 58.2%
Rental Rate 15.2% 33.8% 31.3%
Vacancy Rate 36.4% 9.6% 10.6%
Median Tenure (years) 20.0 14.0 15.0
Median Year Moved In 2006 2012 2011

Housing Stock

Metric Menard County Texas Avg US Average
Average Household Size 2.30 people 2.70 people 2.54 people
Median Structure Built Year 1968 1989 1978
Median Number of Rooms 5.0 5.4 5.5