Randall County, Texas Housing Market Prices
Randall 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 24% below the Texas median$196,859
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Median rent 17% below the Texas median More expensive than 82% of counties in Texas$1,170
Median Home Price Map: Nearby Counties
Housing Market Overview
| Metric | Randall County | Texas Avg | US Average |
|---|---|---|---|
| Median Home Price | $196,859 | $258,873 | $248,835 |
| Price Trend (Annual %) | 4.7% | 9.2% | 7.5% |
| Median Gross Rent | $1,170 | $1,402 | $1,407 |
| Rent Trend (Annual %) | 3.9% | 5.6% | 5.1% |
| Household Income Trend (Annual %) | — | — | — |
The median home price in Randall County is about 24% lower than in Texas. Rent is about 17% 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 Randall County, up about 4.7% and 3.9% a year respectively. Home prices are changing faster.
Median rent in Randall County rose about 40.6% between 2015 and 2024, from $832 to $1,170. Over the same span, rent in Texas rose about 59.1%.
Affordability
On average, housing unit costs 2.4 yearly household incomes in Randall County.
Buying the median-priced home in Randall County costs roughly 14.0 years of rent at the median monthly rate. That is a relatively low price-to-rent ratio, which tends to favor buying over renting in Randall County. The price-to-rent ratio in Texas is about 15.4.
| Metric | Randall County | Texas Avg | US Average |
|---|---|---|---|
| Median Home Price | $196,859 | $258,873 | $248,835 |
| Median Household Income | $83,136 | $78,939 | $80,455 |
| Price-to-Income Ratio | 2.4 | 3.3 | 3.1 |
Home Prices vs Income Over Time
Between 2015 and 2024, the median home price in Randall County rose about 42.1%, while median household income rose about 44.4% between 2009 and 2025 — 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 | Randall County | Texas Avg | US Average |
|---|---|---|---|
| Homeownership Rate | 62.5% | 56.7% | 58.5% |
| Rental Rate | 29.6% | 33.9% | 31.2% |
| Vacancy Rate | 7.9% | 9.4% | 10.2% |
| Median Tenure (years) | 13.0 | 14.0 | 15.0 |
| Median Year Moved In | 2013 | 2012 | 2011 |
Randall County has a homeownership rate of 62.5%, higher than the Texas average of 56.7%. Its housing vacancy rate is 7.9%, compared with 9.4% in Texas.
Housing Stock
| Metric | Randall County | Texas Avg | US Average |
|---|---|---|---|
| Average Household Size | 2.52 people | 2.69 people | 2.53 people |
| Median Structure Built Year | 1985 | 1990 | 1978 |
| Median Number of Rooms | 5.5 | 5.4 | 5.5 |
The typical housing unit in Randall County was built around 1985. On average, 2.5 people live in a home with about 5.5 rooms, staying for about 13.0 years on average.
Randall County, TX Housing Compared With Nearby Counties
How Randall County, TX compares with the 1 counties closest to it.
| Area | Population | Median home price | Median rent | Homeownership |
|---|---|---|---|---|
| Randall County, TX | 146,053 | $196,859 #1/2 | $1,170 #1/2 | 67.9% #1/2 |
| Potter County, TX | 115,952 | $54,383 | $1,021 | 57.3% |
Frequently Asked Questions
Common questions about the housing market in Randall County, Texas.
What is the median home price in Randall County, Texas?
The median home price in Randall County, Texas is $196,859, lower than the Texas average of $258,873.
What is the average home price in Randall County, Texas?
The typical home price in Randall County, Texas, reported as the median sale price, is $196,859. 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 Randall County, Texas?
The median gross rent in Randall County, Texas is $1,170 per month, lower than the Texas average of $1,402.
What was the median gross rent in Randall County in 2020?
In 2020, the median gross rent in Randall County, Texas was $947 per month.
What is the price-to-rent ratio in Randall County, Texas?
The price-to-rent ratio in Randall County, Texas is about 14.0, meaning it would take roughly 14.0 years of rent payments at the median rent to equal the median home price. That is a relatively low price-to-rent ratio, which tends to favor buying over renting in Randall County.
Are home prices or rent rising faster in Randall County, Texas?
Both home prices and rent are rising in Randall County, up about 4.7% and 3.9% a year respectively. Home prices are changing faster.
What is the homeownership rate in Randall County, Texas?
62.5% of households in Randall County, Texas own their home, higher than the Texas average of 56.7%.
What is the vacancy rate in Randall County, Texas?
The housing vacancy rate in Randall County, Texas is 7.9%, lower than the Texas average of 9.4%.
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