Pecan Grove, Texas Housing Market Prices
Pecan Grove 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 37% above the Texas median$353,985
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Median rent 24% above the Texas median$1,743
Housing Market Overview
| Metric | Pecan Grove | Texas Avg | US Average |
|---|---|---|---|
| Median Home Price | $353,985 | $258,873 | $248,835 |
| Price Trend (Annual %) | 5.6% | 9.2% | 7.5% |
| Median Gross Rent | $1,743 | $1,402 | $1,407 |
| Rent Trend (Annual %) | 4.9% | 5.6% | 5.1% |
| Household Income Trend (Annual %) | — | — | — |
The median home price in Pecan Grove is about 37% higher than in Texas. Rent is about 24% 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 Pecan Grove, up about 5.6% and 4.9% a year respectively. Home prices are changing faster.
Median rent in Pecan Grove rose about 54.7% between 2015 and 2024, from $1,127 to $1,743. Over the same span, rent in Texas rose about 59.1%.
Affordability
On average, housing unit costs 2.8 yearly household incomes in Pecan Grove.
Buying the median-priced home in Pecan Grove costs roughly 16.9 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 Pecan Grove. The price-to-rent ratio in Texas is about 15.4.
| Metric | Pecan Grove | Texas Avg | US Average |
|---|---|---|---|
| Median Home Price | $353,985 | $258,873 | $248,835 |
| Median Household Income | $128,691 | $78,939 | $80,455 |
| Price-to-Income Ratio | 2.8 | 3.3 | 3.1 |
Home Prices vs Income Over Time
Between 2015 and 2024, the median home price in Pecan Grove rose about 60.0%, while median household income rose about 15.9% 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 | Pecan Grove | Texas Avg | US Average |
|---|---|---|---|
| Homeownership Rate | 83.9% | 56.7% | 58.5% |
| Rental Rate | 11.7% | 33.9% | 31.2% |
| Vacancy Rate | 4.4% | 9.4% | 10.2% |
| Median Tenure (years) | 14.0 | 14.0 | 15.0 |
| Median Year Moved In | 2012 | 2012 | 2011 |
Pecan Grove has a homeownership rate of 83.9%, higher than the Texas average of 56.7%. Its housing vacancy rate is 4.4%, compared with 9.4% in Texas.
Housing Stock
| Metric | Pecan Grove | Texas Avg | US Average |
|---|---|---|---|
| Average Household Size | 2.89 people | 2.69 people | 2.53 people |
| Median Structure Built Year | 2000 | 1990 | 1978 |
| Median Number of Rooms | 7.8 | 5.4 | 5.5 |
The typical housing unit in Pecan Grove was built around 2000. On average, 2.9 people live in a home with about 7.8 rooms, staying for about 14.0 years on average.
Pecan Grove, TX Housing Compared With Nearby Cities
How Pecan Grove, TX compares with the 2 cities closest to it.
| Area | Population | Median home price | Median rent | Homeownership |
|---|---|---|---|---|
| Pecan Grove, TX | 21,316 | $353,985 #2/3 | $1,743 #3/3 | 87.8% #1/3 |
| Mission Bend, TX | 32,820 | $317,682 | $1,749 | 76.7% |
| Sugar Land, TX | 108,793 | $397,458 | $1,898 | 77.8% |
Frequently Asked Questions
Common questions about the housing market in Pecan Grove, Texas.
What is the median home price in Pecan Grove, Texas?
The median home price in Pecan Grove, Texas is $353,985, higher than the Texas average of $258,873.
What is the average home price in Pecan Grove, Texas?
The typical home price in Pecan Grove, Texas, reported as the median sale price, is $353,985. 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 Pecan Grove, Texas?
The median gross rent in Pecan Grove, Texas is $1,743 per month, higher than the Texas average of $1,402.
What was the median gross rent in Pecan Grove in 2020?
In 2020, the median gross rent in Pecan Grove, Texas was $1,309 per month.
What is the price-to-rent ratio in Pecan Grove, Texas?
The price-to-rent ratio in Pecan Grove, Texas is about 16.9, meaning it would take roughly 16.9 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 Pecan Grove.
Are home prices or rent rising faster in Pecan Grove, Texas?
Both home prices and rent are rising in Pecan Grove, up about 5.6% and 4.9% a year respectively. Home prices are changing faster.
What is the homeownership rate in Pecan Grove, Texas?
83.9% of households in Pecan Grove, Texas own their home, higher than the Texas average of 56.7%.
What is the vacancy rate in Pecan Grove, Texas?
The housing vacancy rate in Pecan Grove, Texas is 4.4%, lower than the Texas average of 9.4%.
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