Oldham County, Texas Housing Market Prices
Oldham 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 1% below the Texas median More expensive than 71% of counties in Texas$256,818
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Median rent 21% below the Texas median More expensive than 77% of counties in Texas$1,110
Median Home Price Map: Nearby Counties
Housing Market Overview
| Metric | Oldham County | Texas Avg | US Average |
|---|---|---|---|
| Median Home Price | $256,818 | $258,873 | $248,835 |
| Price Trend (Annual %) | 8.4% | 9.2% | 7.5% |
| Median Gross Rent | $1,110 | $1,402 | $1,407 |
| Rent Trend (Annual %) | 4.5% | 5.6% | 5.1% |
| Household Income Trend (Annual %) | — | — | — |
The median home price in Oldham County is about 1% lower than in Texas. Rent is about 21% 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 Oldham County, up about 8.4% and 4.5% a year respectively. Home prices are changing faster.
Median rent in Oldham County rose about 64.6% between 2015 and 2024, from $675 to $1,110. Over the same span, rent in Texas rose about 59.1%.
Affordability
On average, housing unit costs 3.1 yearly household incomes in Oldham County.
Buying the median-priced home in Oldham County costs roughly 19.3 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 Oldham County. The price-to-rent ratio in Texas is about 15.4.
| Metric | Oldham County | Texas Avg | US Average |
|---|---|---|---|
| Median Home Price | $256,818 | $258,873 | $248,835 |
| Median Household Income | $82,647 | $78,939 | $80,455 |
| Price-to-Income Ratio | 3.1 | 3.3 | 3.1 |
Home Prices vs Income Over Time
Between 2015 and 2024, the median home price in Oldham County rose about 177.6%, while median household income rose about 53.1% 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 | Oldham County | Texas Avg | US Average |
|---|---|---|---|
| Homeownership Rate | 58.2% | 56.7% | 58.5% |
| Rental Rate | 20.9% | 33.9% | 31.2% |
| Vacancy Rate | 20.9% | 9.4% | 10.2% |
| Median Tenure (years) | 14.0 | 14.0 | 15.0 |
| Median Year Moved In | 2012 | 2012 | 2011 |
Oldham County has a homeownership rate of 58.2%, higher than the Texas average of 56.7%. Its housing vacancy rate is 20.9%, compared with 9.4% in Texas.
Housing Stock
| Metric | Oldham County | Texas Avg | US Average |
|---|---|---|---|
| Average Household Size | 2.82 people | 2.69 people | 2.53 people |
| Median Structure Built Year | 1981 | 1990 | 1978 |
| Median Number of Rooms | 6.1 | 5.4 | 5.5 |
The typical housing unit in Oldham County was built around 1981. On average, 2.8 people live in a home with about 6.1 rooms, staying for about 14.0 years on average.
Oldham County, TX Housing Compared With Nearby Counties
Oldham County, TX is the smallest of the 4 counties compared here, 2,249 residents against a local median of 115,952. The measure that sets Oldham County, TX apart most is median home price: $256,818, 114% above the local median of $119,736.
The counties themselves spread $142,477 on median home price, so Oldham County, TX sits at one end of an already wide local range rather than apart from it. Oldham County, TX has the highest median home price of the 4 areas compared here.
| Area | Population | Median home price | Median rent | Homeownership |
|---|---|---|---|---|
| Oldham County, TX | 2,249 | $256,818 #1/4 | $1,110 #2/4 | 73.6% #1/4 |
| Deaf Smith County, TX | 18,460 | $119,736 | $926 | 66.8% |
| Potter County, TX | 115,952 | $54,383 | $1,021 | 57.3% |
| Randall County, TX | 146,053 | $196,859 | $1,170 | 67.9% |
Frequently Asked Questions
Common questions about the housing market in Oldham County, Texas.
What is the median home price in Oldham County, Texas?
The median home price in Oldham County, Texas is $256,818, lower than the Texas average of $258,873.
What is the average home price in Oldham County, Texas?
The typical home price in Oldham County, Texas, reported as the median sale price, is $256,818. 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 Oldham County, Texas?
The median gross rent in Oldham County, Texas is $1,110 per month, lower than the Texas average of $1,402.
What was the median gross rent in Oldham County in 2020?
In 2020, the median gross rent in Oldham County, Texas was $808 per month.
What is the price-to-rent ratio in Oldham County, Texas?
The price-to-rent ratio in Oldham County, Texas is about 19.3, meaning it would take roughly 19.3 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 Oldham County.
Are home prices or rent rising faster in Oldham County, Texas?
Both home prices and rent are rising in Oldham County, up about 8.4% and 4.5% a year respectively. Home prices are changing faster.
What is the homeownership rate in Oldham County, Texas?
58.2% of households in Oldham County, Texas own their home, higher than the Texas average of 56.7%.
What is the vacancy rate in Oldham County, Texas?
The housing vacancy rate in Oldham County, Texas is 20.9%, higher than the Texas average of 9.4%.
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