Stephens County, Texas Housing Market Prices
Stephens 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 44% below the Texas median$146,249
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Median rent 40% below the Texas median Cheaper than 71% of counties in Texas$846
Median Home Price Map: Nearby Counties
Housing Market Overview
| Metric | Stephens County | Texas Avg | US Average |
|---|---|---|---|
| Median Home Price | $146,249 | $258,873 | $248,835 |
| Price Trend (Annual %) | 25.6% | 9.2% | 7.5% |
| Median Gross Rent | $846 | $1,402 | $1,407 |
| Rent Trend (Annual %) | 5.8% | 5.6% | 5.1% |
| Household Income Trend (Annual %) | — | — | — |
The median home price in Stephens County is about 44% 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
Both home prices and rent are rising in Stephens County, up about 25.6% and 5.8% a year respectively. Home prices are changing faster.
Median rent in Stephens County rose about 50.8% between 2015 and 2024, from $561 to $846. Over the same span, rent in Texas rose about 59.1%.
Affordability
On average, housing unit costs 2.5 yearly household incomes in Stephens County.
Buying the median-priced home in Stephens County costs roughly 14.4 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 Stephens County. The price-to-rent ratio in Texas is about 15.4.
| Metric | Stephens County | Texas Avg | US Average |
|---|---|---|---|
| Median Home Price | $146,249 | $258,873 | $248,835 |
| Median Household Income | $59,055 | $78,939 | $80,455 |
| Price-to-Income Ratio | 2.5 | 3.3 | 3.1 |
Home Prices vs Income Over Time
Between 2015 and 2024, the median home price in Stephens County rose about 354.4%, while median household income rose about 51.9% 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 | Stephens County | Texas Avg | US Average |
|---|---|---|---|
| Homeownership Rate | 61.3% | 56.7% | 58.5% |
| Rental Rate | 16.1% | 33.9% | 31.2% |
| Vacancy Rate | 22.5% | 9.4% | 10.2% |
| Median Tenure (years) | 16.0 | 14.0 | 15.0 |
| Median Year Moved In | 2010 | 2012 | 2011 |
Stephens County has a homeownership rate of 61.3%, higher than the Texas average of 56.7%. Its housing vacancy rate is 22.5%, compared with 9.4% in Texas.
Housing Stock
| Metric | Stephens County | Texas Avg | US Average |
|---|---|---|---|
| Average Household Size | 2.43 people | 2.69 people | 2.53 people |
| Median Structure Built Year | 1974 | 1990 | 1978 |
| Median Number of Rooms | 5.6 | 5.4 | 5.5 |
The typical housing unit in Stephens County was built around 1974. On average, 2.4 people live in a home with about 5.6 rooms, staying for about 16.0 years on average.
Stephens County, TX Housing Compared With Nearby Counties
How Stephens County, TX compares with the 1 counties closest to it.
| Area | Population | Median home price | Median rent | Homeownership |
|---|---|---|---|---|
| Stephens County, TX | 9,351 | $146,249 #1/2 | $846 #2/2 | 79.2% #1/2 |
| Palo Pinto County, TX | 29,295 | $96,595 | $1,093 | 71.0% |
Frequently Asked Questions
Common questions about the housing market in Stephens County, Texas.
What is the median home price in Stephens County, Texas?
The median home price in Stephens County, Texas is $146,249, lower than the Texas average of $258,873.
What is the average home price in Stephens County, Texas?
The typical home price in Stephens County, Texas, reported as the median sale price, is $146,249. 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 Stephens County, Texas?
The median gross rent in Stephens County, Texas is $846 per month, lower than the Texas average of $1,402.
What was the median gross rent in Stephens County in 2020?
In 2020, the median gross rent in Stephens County, Texas was $709 per month.
What is the price-to-rent ratio in Stephens County, Texas?
The price-to-rent ratio in Stephens County, Texas is about 14.4, meaning it would take roughly 14.4 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 Stephens County.
Are home prices or rent rising faster in Stephens County, Texas?
Both home prices and rent are rising in Stephens County, up about 25.6% and 5.8% a year respectively. Home prices are changing faster.
What is the homeownership rate in Stephens County, Texas?
61.3% of households in Stephens County, Texas own their home, higher than the Texas average of 56.7%.
What is the vacancy rate in Stephens County, Texas?
The housing vacancy rate in Stephens County, Texas is 22.5%, higher than the Texas average of 9.4%.
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