Red River County, Texas Housing Market Prices
Red River 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 3% below the Texas median$249,999
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Median rent 26% below the Texas median$1,044
Median Home Price Map: Nearby Counties
Housing Market Overview
| Metric | Red River County | Texas Avg | US Average |
|---|---|---|---|
| Median Home Price | $249,999 | $258,873 | $248,835 |
| Price Trend (Annual %) | 39.3% | 9.2% | 7.5% |
| Median Gross Rent | $1,044 | $1,402 | $1,407 |
| Rent Trend (Annual %) | 8.3% | 5.6% | 5.1% |
| Household Income Trend (Annual %) | — | — | — |
The median home price in Red River County is about 3% lower than in Texas. Rent is about 26% 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 Red River County, up about 39.3% and 8.3% a year respectively. Home prices are changing faster.
Median rent in Red River County rose about 95.1% between 2015 and 2024, from $535 to $1,044. Over the same span, rent in Texas rose about 59.1%.
Affordability
On average, housing unit costs 5.2 yearly household incomes in Red River County.
Buying the median-priced home in Red River County costs roughly 20.0 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 Red River County. The price-to-rent ratio in Texas is about 15.4.
| Metric | Red River County | Texas Avg | US Average |
|---|---|---|---|
| Median Home Price | $249,999 | $258,873 | $248,835 |
| Median Household Income | $48,038 | $78,939 | $80,455 |
| Price-to-Income Ratio | 5.2 | 3.3 | 3.1 |
Home Prices vs Income Over Time
Between 2015 and 2024, the median home price in Red River County rose about 415.9%, while median household income rose about 15.4% 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 | Red River County | Texas Avg | US Average |
|---|---|---|---|
| Homeownership Rate | 57.5% | 56.7% | 58.5% |
| Rental Rate | 22.9% | 33.9% | 31.2% |
| Vacancy Rate | 19.6% | 9.4% | 10.2% |
| Median Tenure (years) | 18.0 | 14.0 | 15.0 |
| Median Year Moved In | 2008 | 2012 | 2011 |
Red River County has a homeownership rate of 57.5%, higher than the Texas average of 56.7%. Its housing vacancy rate is 19.6%, compared with 9.4% in Texas.
Housing Stock
| Metric | Red River County | Texas Avg | US Average |
|---|---|---|---|
| Average Household Size | 2.30 people | 2.69 people | 2.53 people |
| Median Structure Built Year | 1983 | 1990 | 1978 |
| Median Number of Rooms | 5.3 | 5.4 | 5.5 |
The typical housing unit in Red River County was built around 1983. On average, 2.3 people live in a home with about 5.3 rooms, staying for about 18.0 years on average.
Red River County, TX Housing Compared With Nearby Counties
Red River County, TX is the 3rd largest of the 4 counties compared here, 11,611 residents against a local median of 30,862. The measure that sets Red River County, TX apart most is median home price: $249,999, 33% above the local median of $188,666.
The counties themselves spread $203,299 on median home price, so Red River County, TX sits at one end of an already wide local range rather than apart from it. Red River County, TX has the 2nd highest median home price of the 4 areas compared here.
| Area | Population | Median home price | Median rent | Homeownership |
|---|---|---|---|---|
| Red River County, TX | 11,611 | $249,999 #2/4 | $1,044 #1/4 | 71.5% #3/4 |
| Franklin County, TX | 10,632 | $268,299 | $936 | 82.0% |
| Lamar County, TX | 50,669 | $188,666 | $949 | 66.1% |
| McCurtain County, OK | 30,862 | $64,999 | $700 | 73.1% |
Frequently Asked Questions
Common questions about the housing market in Red River County, Texas.
What is the median home price in Red River County, Texas?
The median home price in Red River County, Texas is $249,999, lower than the Texas average of $258,873.
What is the average home price in Red River County, Texas?
The typical home price in Red River County, Texas, reported as the median sale price, is $249,999. 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 Red River County, Texas?
The median gross rent in Red River County, Texas is $1,044 per month, lower than the Texas average of $1,402.
What was the median gross rent in Red River County in 2020?
In 2020, the median gross rent in Red River County, Texas was $571 per month.
What is the price-to-rent ratio in Red River County, Texas?
The price-to-rent ratio in Red River County, Texas is about 20.0, meaning it would take roughly 20.0 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 Red River County.
Are home prices or rent rising faster in Red River County, Texas?
Both home prices and rent are rising in Red River County, up about 39.3% and 8.3% a year respectively. Home prices are changing faster.
What is the homeownership rate in Red River County, Texas?
57.5% of households in Red River County, Texas own their home, higher than the Texas average of 56.7%.
What is the vacancy rate in Red River County, Texas?
The housing vacancy rate in Red River County, Texas is 19.6%, higher than the Texas average of 9.4%.
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