Runnels County, Texas Housing Market Prices
Runnels 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 81% below the Texas median Cheaper than 90% of counties in Texas$49,473
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Median rent 40% below the Texas median Cheaper than 70% of counties in Texas$847
Median Home Price Map: Nearby Counties
Housing Market Overview
| Metric | Runnels County | Texas Avg | US Average |
|---|---|---|---|
| Median Home Price | $49,473 | $258,873 | $248,835 |
| Price Trend (Annual %) | -0.9% | 9.2% | 7.5% |
| Median Gross Rent | $847 | $1,402 | $1,407 |
| Rent Trend (Annual %) | 5.4% | 5.6% | 5.1% |
| Household Income Trend (Annual %) | — | — | — |
The median home price in Runnels County is about 81% lower than in Texas. Rent is about 40% lower than the Texas average.
Median Home and Rent Price Trends
Median Home Prices, 2015-2024
Median Rent Prices, 2015-2024
Home prices and rent are moving in opposite directions in Runnels County: home prices fell about 0.9% a year while rent rose about 5.4% a year. That is an unusual pattern worth watching.
Median rent in Runnels County rose about 60.6% between 2015 and 2024, from $527 to $847. Over the same span, rent in Texas rose about 59.1%.
Affordability
On average, housing unit costs 0.8 yearly household incomes in Runnels County.
Buying the median-priced home in Runnels County costs roughly 4.9 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 Runnels County. The price-to-rent ratio in Texas is about 15.4.
| Metric | Runnels County | Texas Avg | US Average |
|---|---|---|---|
| Median Home Price | $49,473 | $258,873 | $248,835 |
| Median Household Income | $62,751 | $78,939 | $80,455 |
| Price-to-Income Ratio | 0.8 | 3.3 | 3.1 |
Home Prices vs Income Over Time
Between 2015 and 2024, the median home price in Runnels County fell about 14.5%, while median household income rose about 58.3% 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 | Runnels County | Texas Avg | US Average |
|---|---|---|---|
| Homeownership Rate | 57.3% | 56.7% | 58.5% |
| Rental Rate | 19.1% | 33.9% | 31.2% |
| Vacancy Rate | 23.7% | 9.4% | 10.2% |
| Median Tenure (years) | 17.0 | 14.0 | 15.0 |
| Median Year Moved In | 2009 | 2012 | 2011 |
Runnels County has a homeownership rate of 57.3%, higher than the Texas average of 56.7%. Its housing vacancy rate is 23.7%, compared with 9.4% in Texas.
Housing Stock
| Metric | Runnels County | Texas Avg | US Average |
|---|---|---|---|
| Average Household Size | 2.54 people | 2.69 people | 2.53 people |
| Median Structure Built Year | 1965 | 1990 | 1978 |
| Median Number of Rooms | 5.6 | 5.4 | 5.5 |
The typical housing unit in Runnels County was built around 1965. On average, 2.5 people live in a home with about 5.6 rooms, staying for about 17.0 years on average.
Runnels County, TX Housing Compared With Nearby Counties
Runnels County, TX is the 3rd largest of the 4 counties compared here, 9,874 residents against a local median of 14,454. Runnels County, TX's median home price, at $49,473, runs 62% below the $131,108 typical of the counties around it.
The counties themselves spread $209,337 on median home price, so Runnels County, TX sits at one end of an already wide local range rather than apart from it. Runnels County, TX has the 3rd highest median home price of the 4 areas compared here.
| Area | Population | Median home price | Median rent | Homeownership |
|---|---|---|---|---|
| Runnels County, TX | 9,874 | $49,473 #3/4 | $847 #3/4 | 75.0% #2/4 |
| Taylor County, TX | 145,863 | $257,723 | $1,159 | 60.5% |
| Coleman County, TX | 7,833 | $131,108 | $653 | 77.2% |
| Nolan County, TX | 14,454 | $48,386 | $913 | 68.1% |
Frequently Asked Questions
Common questions about the housing market in Runnels County, Texas.
What is the median home price in Runnels County, Texas?
The median home price in Runnels County, Texas is $49,473, lower than the Texas average of $258,873.
What is the average home price in Runnels County, Texas?
The typical home price in Runnels County, Texas, reported as the median sale price, is $49,473. 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 Runnels County, Texas?
The median gross rent in Runnels County, Texas is $847 per month, lower than the Texas average of $1,402.
What was the median gross rent in Runnels County in 2020?
In 2020, the median gross rent in Runnels County, Texas was $762 per month.
What is the price-to-rent ratio in Runnels County, Texas?
The price-to-rent ratio in Runnels County, Texas is about 4.9, meaning it would take roughly 4.9 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 Runnels County.
Are home prices or rent rising faster in Runnels County, Texas?
Home prices and rent are moving in opposite directions in Runnels County: home prices fell about 0.9% a year while rent rose about 5.4% a year. That is an unusual pattern worth watching.
What is the homeownership rate in Runnels County, Texas?
57.3% of households in Runnels County, Texas own their home, higher than the Texas average of 56.7%.
What is the vacancy rate in Runnels County, Texas?
The housing vacancy rate in Runnels County, Texas is 23.7%, higher than the Texas average of 9.4%.
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