Housing Market Overview
The median home price (often called the average home price), rent costs, affordability metrics, and housing stock characteristics for this housing market.
Median Home Price Map: Nearby Counties
Housing Market Overview
| Metric | Presidio County | Texas Avg | US Average |
|---|---|---|---|
| Median Home Price | $80,441 | $248,418 | $242,182 |
| Price Trend (Annual %) | -12.9% | 9.9% | 8.2% |
| Median Gross Rent | $444 | $1,338 | $1,342 |
| Rent Trend (Annual %) | 1.8% | 5.7% | 5.1% |
| Household Income Trend (Annual %) | — | — | — |
The median home price in Presidio County is about 68% lower than in Texas. Rent is about 67% lower than the Texas average.
Median Home and Rent Price Trends
Median Home Prices, 2015-2023
Median Rent Prices, 2015-2023
Home prices and rent are moving in opposite directions in Presidio County: home prices fell about 12.9% a year while rent rose about 1.8% a year. That is an unusual pattern worth watching.
Median rent in Presidio County rose about 4.1% between 2015 and 2023, from $427 to $444. Over the same span, rent in Texas rose about 51.9%.
Affordability
On average, housing unit costs 2.8 yearly household incomes in Presidio County.
Buying the median-priced home in Presidio County costs roughly 15.1 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 Presidio County. The price-to-rent ratio in Texas is about 15.5.
| Metric | Presidio County | Texas Avg | US Average |
|---|---|---|---|
| Median Home Price | $80,441 | $248,418 | $242,182 |
| Median Household Income | $28,453 | $76,510 | $78,145 |
| Price-to-Income Ratio | 2.8 | 3.2 | 3.1 |
Home Prices vs Income Over Time
Between 2015 and 2023, the median home price in Presidio County fell about 70.4%, while median household income fell about 2.5% between 2009 and 2023 — income grew faster than the home price.
Income Growth vs Housing Cost Growth (Year-over-Year %)
Compare income and housing cost trends.
Occupancy & Tenure
| Metric | Presidio County | Texas Avg | US Average |
|---|---|---|---|
| Homeownership Rate | 51.5% | 56.5% | 58.2% |
| Rental Rate | 17.7% | 33.8% | 31.3% |
| Vacancy Rate | 30.8% | 9.6% | 10.6% |
| Median Tenure (years) | 17.0 | 14.0 | 15.0 |
| Median Year Moved In | 2009 | 2012 | 2011 |
Presidio County has a homeownership rate of 51.5%, lower than the Texas average of 56.5%. Its housing vacancy rate is 30.8%, compared with 9.6% in Texas.
Housing Stock
| Metric | Presidio County | Texas Avg | US Average |
|---|---|---|---|
| Average Household Size | 2.58 people | 2.70 people | 2.54 people |
| Median Structure Built Year | 1969 | 1989 | 1978 |
| Median Number of Rooms | 5.0 | 5.4 | 5.5 |
The typical housing unit in Presidio County was built around 1969. On average, 2.6 people live in a home with about 5.0 rooms, staying for about 17.0 years on average.
Frequently Asked Questions
Common questions about the housing market in Presidio County, Texas.
What is the median home price in Presidio County, Texas?
The median home price in Presidio County, Texas is $80,441, lower than the Texas average of $248,418.
What is the average home price in Presidio County, Texas?
The typical home price in %s, reported as the median sale price, is %s. 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 Presidio County, Texas?
The median gross rent in Presidio County, Texas is $444 per month, lower than the Texas average of $1,338.
What was the median gross rent in Presidio County in 2020?
In 2020, the median gross rent in Presidio County, Texas was $396 per month.
What is the price-to-rent ratio in Presidio County, Texas?
The price-to-rent ratio in Presidio County, Texas is about 15.1, meaning it would take roughly 15.1 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 Presidio County.
Are home prices or rent rising faster in Presidio County, Texas?
Home prices and rent are moving in opposite directions in Presidio County: home prices fell about 12.9% a year while rent rose about 1.8% a year. That is an unusual pattern worth watching.
What is the homeownership rate in Presidio County, Texas?
51.5% of households in Presidio County, Texas own their home, lower than the Texas average of 56.5%.
What is the vacancy rate in Presidio County, Texas?
The housing vacancy rate in Presidio County, Texas is 30.8%, higher than the Texas average of 9.6%.