Housing Market Overview
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 Map: Nearby Counties
Housing Market Overview
| Metric | Stonewall County | Texas Avg | US Average |
|---|---|---|---|
| Median Home Price | $97,499 | $248,418 | $242,182 |
| Price Trend (Annual %) | 38.3% | 9.9% | 8.2% |
| Median Gross Rent | $620 | $1,338 | $1,342 |
| Rent Trend (Annual %) | 7.2% | 5.7% | 5.1% |
| Household Income Trend (Annual %) | — | — | — |
The median home price in Stonewall County is about 61% lower than in Texas. Rent is about 54% lower than the Texas average.
Median Home and Rent Price Trends
Median Home Prices, 2015-2023
Median Rent Prices, 2015-2023
Both home prices and rent are rising in Stonewall County, up about 38.3% and 7.2% a year respectively. Home prices are changing faster.
Median rent in Stonewall County rose about 41.4% between 2015 and 2023, from $439 to $620. Over the same span, rent in Texas rose about 51.9%.
Affordability
On average, housing unit costs 1.6 yearly household incomes in Stonewall County.
Buying the median-priced home in Stonewall County costs roughly 13.1 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 Stonewall County. The price-to-rent ratio in Texas is about 15.5.
| Metric | Stonewall County | Texas Avg | US Average |
|---|---|---|---|
| Median Home Price | $97,499 | $248,418 | $242,182 |
| Median Household Income | $60,667 | $76,510 | $78,145 |
| Price-to-Income Ratio | 1.6 | 3.2 | 3.1 |
Home Prices vs Income Over Time
Between 2015 and 2023, the median home price in Stonewall County rose about 578.3%, while median household income rose about 30.1% between 2009 and 2023 — 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 | Stonewall County | Texas Avg | US Average |
|---|---|---|---|
| Homeownership Rate | 55.8% | 56.5% | 58.2% |
| Rental Rate | 9.1% | 33.8% | 31.3% |
| Vacancy Rate | 35.1% | 9.6% | 10.6% |
| Median Tenure (years) | 21.0 | 14.0 | 15.0 |
| Median Year Moved In | 2005 | 2012 | 2011 |
Stonewall County has a homeownership rate of 55.8%, lower than the Texas average of 56.5%. Its housing vacancy rate is 35.1%, compared with 9.6% in Texas.
Housing Stock
| Metric | Stonewall County | Texas Avg | US Average |
|---|---|---|---|
| Average Household Size | 2.53 people | 2.70 people | 2.54 people |
| Median Structure Built Year | 1965 | 1989 | 1978 |
| Median Number of Rooms | 5.7 | 5.4 | 5.5 |
The typical housing unit in Stonewall County was built around 1965. On average, 2.5 people live in a home with about 5.7 rooms, staying for about 21.0 years on average.
Frequently Asked Questions
Common questions about the housing market in Stonewall County, Texas.
What is the median home price in Stonewall County, Texas?
The median home price in Stonewall County, Texas is $97,499, lower than the Texas average of $248,418.
What is the average home price in Stonewall County, Texas?
The typical home price in %s, reported as the median sale price, is %s. 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 Stonewall County, Texas?
The median gross rent in Stonewall County, Texas is $620 per month, lower than the Texas average of $1,338.
What was the median gross rent in Stonewall County in 2020?
In 2020, the median gross rent in Stonewall County, Texas was $700 per month.
What is the price-to-rent ratio in Stonewall County, Texas?
The price-to-rent ratio in Stonewall County, Texas is about 13.1, meaning it would take roughly 13.1 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 Stonewall County.
Are home prices or rent rising faster in Stonewall County, Texas?
Both home prices and rent are rising in Stonewall County, up about 38.3% and 7.2% a year respectively. Home prices are changing faster.
What is the homeownership rate in Stonewall County, Texas?
55.8% of households in Stonewall County, Texas own their home, lower than the Texas average of 56.5%.
What is the vacancy rate in Stonewall County, Texas?
The housing vacancy rate in Stonewall County, Texas is 35.1%, higher than the Texas average of 9.6%.