Shelby County, Texas Housing Market Prices
Shelby 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 21% below the Texas median$205,000
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Median rent 44% below the Texas median Cheaper than 81% of counties in Texas$781
Median Home Price Map: Nearby Counties
Housing Market Overview
| Metric | Shelby County | Texas Avg | US Average |
|---|---|---|---|
| Median Home Price | $205,000 | $258,873 | $248,835 |
| Price Trend (Annual %) | 12.2% | 9.2% | 7.5% |
| Median Gross Rent | $781 | $1,402 | $1,407 |
| Rent Trend (Annual %) | 4.5% | 5.6% | 5.1% |
| Household Income Trend (Annual %) | — | — | — |
The median home price in Shelby County is about 21% lower than in Texas. Rent is about 44% 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 Shelby County, up about 12.2% and 4.5% a year respectively. Home prices are changing faster.
Median rent in Shelby County rose about 37.5% between 2015 and 2024, from $568 to $781. Over the same span, rent in Texas rose about 59.1%.
Affordability
On average, housing unit costs 4.1 yearly household incomes in Shelby County.
Buying the median-priced home in Shelby County costs roughly 21.9 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 Shelby County. The price-to-rent ratio in Texas is about 15.4.
| Metric | Shelby County | Texas Avg | US Average |
|---|---|---|---|
| Median Home Price | $205,000 | $258,873 | $248,835 |
| Median Household Income | $49,689 | $78,939 | $80,455 |
| Price-to-Income Ratio | 4.1 | 3.3 | 3.1 |
Home Prices vs Income Over Time
Between 2015 and 2024, the median home price in Shelby County rose about 135.4%, while median household income rose about 50.2% 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 | Shelby County | Texas Avg | US Average |
|---|---|---|---|
| Homeownership Rate | 59.8% | 56.7% | 58.5% |
| Rental Rate | 21.0% | 33.9% | 31.2% |
| Vacancy Rate | 19.1% | 9.4% | 10.2% |
| Median Tenure (years) | 17.0 | 14.0 | 15.0 |
| Median Year Moved In | 2009 | 2012 | 2011 |
Shelby County has a homeownership rate of 59.8%, higher than the Texas average of 56.7%. Its housing vacancy rate is 19.1%, compared with 9.4% in Texas.
Housing Stock
| Metric | Shelby County | Texas Avg | US Average |
|---|---|---|---|
| Average Household Size | 2.56 people | 2.69 people | 2.53 people |
| Median Structure Built Year | 1985 | 1990 | 1978 |
| Median Number of Rooms | 5.4 | 5.4 | 5.5 |
The typical housing unit in Shelby County was built around 1985. On average, 2.6 people live in a home with about 5.4 rooms, staying for about 17.0 years on average.
Shelby County, TX Housing Compared With Nearby Counties
Shelby County, TX is typical in size for this group, 24,155 residents against a local median of 24,876, so the measures below are close to a like for like comparison. Shelby County, TX's median home price, at $205,000, runs 21% below the $258,981 typical of the counties around it.
The counties themselves spread $260,011 on median home price, so Shelby County, TX sits at one end of an already wide local range rather than apart from it. Shelby County, TX has the 4th highest median home price of the 5 areas compared here.
| Area | Population | Median home price | Median rent | Homeownership |
|---|---|---|---|---|
| Shelby County, TX | 24,155 | $205,000 #4/5 | $781 #4/5 | 74.0% #4/5 |
| Panola County, TX | 22,726 | $34,582 | $834 | 79.9% |
| De Soto Parish, LA | 27,025 | $263,686 | $686 | 77.2% |
| Nacogdoches County, TX | 65,162 | $254,276 | $964 | 59.3% |
| Sabine County, TX | 10,023 | $294,594 | $844 | 85.7% |
Frequently Asked Questions
Common questions about the housing market in Shelby County, Texas.
What is the median home price in Shelby County, Texas?
The median home price in Shelby County, Texas is $205,000, lower than the Texas average of $258,873.
What is the average home price in Shelby County, Texas?
The typical home price in Shelby County, Texas, reported as the median sale price, is $205,000. 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 Shelby County, Texas?
The median gross rent in Shelby County, Texas is $781 per month, lower than the Texas average of $1,402.
What was the median gross rent in Shelby County in 2020?
In 2020, the median gross rent in Shelby County, Texas was $631 per month.
What is the price-to-rent ratio in Shelby County, Texas?
The price-to-rent ratio in Shelby County, Texas is about 21.9, meaning it would take roughly 21.9 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 Shelby County.
Are home prices or rent rising faster in Shelby County, Texas?
Both home prices and rent are rising in Shelby County, up about 12.2% and 4.5% a year respectively. Home prices are changing faster.
What is the homeownership rate in Shelby County, Texas?
59.8% of households in Shelby County, Texas own their home, higher than the Texas average of 56.7%.
What is the vacancy rate in Shelby County, Texas?
The housing vacancy rate in Shelby County, Texas is 19.1%, higher than the Texas average of 9.4%.
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