Somervell County, Texas Housing Market Prices
Somervell 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.
-
Median home price 91% below the Texas median$22,500
-
Median rent 45% below the Texas median Cheaper than 83% of counties in Texas$773
Median Home Price Map: Nearby Counties
Housing Market Overview
| Metric | Somervell County | Texas Avg | US Average |
|---|---|---|---|
| Median Home Price | $22,500 | $258,873 | $248,835 |
| Price Trend (Annual %) | -14.7% | 9.2% | 7.5% |
| Median Gross Rent | $773 | $1,402 | $1,407 |
| Rent Trend (Annual %) | 0.3% | 5.6% | 5.1% |
| Household Income Trend (Annual %) | — | — | — |
The median home price in Somervell County is about 91% lower than in Texas. Rent is about 45% 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 Somervell County: home prices fell about 14.7% a year while rent rose about 0.3% a year. That is an unusual pattern worth watching.
Median rent in Somervell County fell about 9.4% between 2015 and 2024, from $852 to $773. Over the same span, rent in Texas rose about 59.1%.
Affordability
On average, housing unit costs 0.3 yearly household incomes in Somervell County.
Buying the median-priced home in Somervell County costs roughly 2.4 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 Somervell County. The price-to-rent ratio in Texas is about 15.4.
| Metric | Somervell County | Texas Avg | US Average |
|---|---|---|---|
| Median Home Price | $22,500 | $258,873 | $248,835 |
| Median Household Income | $83,897 | $78,939 | $80,455 |
| Price-to-Income Ratio | 0.3 | 3.3 | 3.1 |
Home Prices vs Income Over Time
Between 2015 and 2024, the median home price in Somervell County fell about 95.1%, while median household income rose about 63.2% 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 | Somervell County | Texas Avg | US Average |
|---|---|---|---|
| Homeownership Rate | 74.0% | 56.7% | 58.5% |
| Rental Rate | 18.4% | 33.9% | 31.2% |
| Vacancy Rate | 7.6% | 9.4% | 10.2% |
| Median Tenure (years) | 15.0 | 14.0 | 15.0 |
| Median Year Moved In | 2011 | 2012 | 2011 |
Somervell County has a homeownership rate of 74.0%, higher than the Texas average of 56.7%. Its housing vacancy rate is 7.6%, compared with 9.4% in Texas.
Housing Stock
| Metric | Somervell County | Texas Avg | US Average |
|---|---|---|---|
| Average Household Size | 2.52 people | 2.69 people | 2.53 people |
| Median Structure Built Year | 1994 | 1990 | 1978 |
| Median Number of Rooms | 5.5 | 5.4 | 5.5 |
The typical housing unit in Somervell County was built around 1994. On average, 2.5 people live in a home with about 5.5 rooms, staying for about 15.0 years on average.
Somervell County, TX Housing Compared With Nearby Counties
Somervell County, TX is the smallest of the 6 counties compared here, 9,691 residents against a local median of 65,894. Where Somervell County, TX breaks from the counties next to it is median home price, sitting 91% below the local median of $240,818 at $22,500.
Median rent tells the same story from another angle: $773 against a local median of $1,398, 45% below it. The counties themselves spread $213,437 on median home price, so Somervell County, TX sits at one end of an already wide local range rather than apart from it. Somervell County, TX has the 6th highest median home price of the 6 areas compared here.
| Area | Population | Median home price | Median rent | Homeownership |
|---|---|---|---|---|
| Somervell County, TX | 9,691 | $22,500 #6/6 | $773 #6/6 | 80.0% #3/6 |
| Hood County, TX | 65,894 | $284,154 | $1,428 | 81.2% |
| Bosque County, TX | 18,691 | $408,067 | $928 | 75.8% |
| Johnson County, TX | 195,591 | $194,630 | $1,398 | 74.7% |
| Erath County, TX | 43,794 | $232,812 | $1,146 | 63.1% |
| Parker County, TX | 165,168 | $240,818 | $1,500 | 80.7% |
Frequently Asked Questions
Common questions about the housing market in Somervell County, Texas.
What is the median home price in Somervell County, Texas?
The median home price in Somervell County, Texas is $22,500, lower than the Texas average of $258,873.
What is the average home price in Somervell County, Texas?
The typical home price in Somervell County, Texas, reported as the median sale price, is $22,500. 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 Somervell County, Texas?
The median gross rent in Somervell County, Texas is $773 per month, lower than the Texas average of $1,402.
What was the median gross rent in Somervell County in 2020?
In 2020, the median gross rent in Somervell County, Texas was $714 per month.
What is the price-to-rent ratio in Somervell County, Texas?
The price-to-rent ratio in Somervell County, Texas is about 2.4, meaning it would take roughly 2.4 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 Somervell County.
Are home prices or rent rising faster in Somervell County, Texas?
Home prices and rent are moving in opposite directions in Somervell County: home prices fell about 14.7% a year while rent rose about 0.3% a year. That is an unusual pattern worth watching.
What is the homeownership rate in Somervell County, Texas?
74.0% of households in Somervell County, Texas own their home, higher than the Texas average of 56.7%.
What is the vacancy rate in Somervell County, Texas?
The housing vacancy rate in Somervell County, Texas is 7.6%, lower than the Texas average of 9.4%.
Analyze any area in the US
Get local demographics for any address, aggregated by drive time or radius, on the interactive map.
Explore the map →