San Marcos, Texas Housing Market Prices
San Marcos 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 70% above the Texas median$440,924
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Median rent 7% below the Texas median$1,305
Housing Market Overview
| Metric | San Marcos | Texas Avg | US Average |
|---|---|---|---|
| Median Home Price | $440,924 | $258,873 | $248,835 |
| Price Trend (Annual %) | 23.5% | 9.2% | 7.5% |
| Median Gross Rent | $1,305 | $1,402 | $1,407 |
| Rent Trend (Annual %) | 4.4% | 5.6% | 5.1% |
| Household Income Trend (Annual %) | — | — | — |
The median home price in San Marcos is about 70% higher than in Texas. Rent is about 7% 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 San Marcos, up about 23.5% and 4.4% a year respectively. Home prices are changing faster.
Median rent in San Marcos rose about 42.9% between 2015 and 2024, from $913 to $1,305. Over the same span, rent in Texas rose about 59.1%.
Affordability
On average, housing unit costs 9.1 yearly household incomes in San Marcos.
Buying the median-priced home in San Marcos costs roughly 28.2 years of rent at the median monthly rate. That is a relatively high price-to-rent ratio, which tends to favor renting over buying in San Marcos. The price-to-rent ratio in Texas is about 15.4.
| Metric | San Marcos | Texas Avg | US Average |
|---|---|---|---|
| Median Home Price | $440,924 | $258,873 | $248,835 |
| Median Household Income | $48,697 | $78,939 | $80,455 |
| Price-to-Income Ratio | 9.1 | 3.3 | 3.1 |
Home Prices vs Income Over Time
Between 2015 and 2024, the median home price in San Marcos rose about 233.1%, while median household income rose about 60.7% 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 | San Marcos | Texas Avg | US Average |
|---|---|---|---|
| Homeownership Rate | 24.6% | 56.7% | 58.5% |
| Rental Rate | 68.0% | 33.9% | 31.2% |
| Vacancy Rate | 7.4% | 9.4% | 10.2% |
| Median Tenure (years) | 7.0 | 14.0 | 15.0 |
| Median Year Moved In | 2019 | 2012 | 2011 |
San Marcos has a homeownership rate of 24.6%, lower than the Texas average of 56.7%. Its housing vacancy rate is 7.4%, compared with 9.4% in Texas.
Housing Stock
| Metric | San Marcos | Texas Avg | US Average |
|---|---|---|---|
| Average Household Size | 2.23 people | 2.69 people | 2.53 people |
| Median Structure Built Year | 1994 | 1990 | 1978 |
| Median Number of Rooms | 4.4 | 5.4 | 5.5 |
The typical housing unit in San Marcos was built around 1994. On average, 2.2 people live in a home with about 4.4 rooms, staying for about 7.0 years on average.
Frequently Asked Questions
Common questions about the housing market in San Marcos, Texas.
What is the median home price in San Marcos, Texas?
The median home price in San Marcos, Texas is $440,924, higher than the Texas average of $258,873.
What is the average home price in San Marcos, Texas?
The typical home price in San Marcos, Texas, reported as the median sale price, is $440,924. 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 San Marcos, Texas?
The median gross rent in San Marcos, Texas is $1,305 per month, lower than the Texas average of $1,402.
What was the median gross rent in San Marcos in 2020?
In 2020, the median gross rent in San Marcos, Texas was $1,079 per month.
What is the price-to-rent ratio in San Marcos, Texas?
The price-to-rent ratio in San Marcos, Texas is about 28.2, meaning it would take roughly 28.2 years of rent payments at the median rent to equal the median home price. That is a relatively high price-to-rent ratio, which tends to favor renting over buying in San Marcos.
Are home prices or rent rising faster in San Marcos, Texas?
Both home prices and rent are rising in San Marcos, up about 23.5% and 4.4% a year respectively. Home prices are changing faster.
What is the homeownership rate in San Marcos, Texas?
24.6% of households in San Marcos, Texas own their home, lower than the Texas average of 56.7%.
What is the vacancy rate in San Marcos, Texas?
The housing vacancy rate in San Marcos, Texas is 7.4%, lower than the Texas average of 9.4%.
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