Tarrant County, Texas Housing Market Prices
Tarrant 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 25% above the Texas median More expensive than 84% of counties in Texas$322,393
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Median rent 10% above the Texas median More expensive than 95% of counties in Texas$1,547
Median Home Price Map: Nearby Counties
Housing Market Overview
| Metric | Tarrant County | Texas Avg | US Average |
|---|---|---|---|
| Median Home Price | $322,393 | $258,873 | $248,835 |
| Price Trend (Annual %) | 13.1% | 9.2% | 7.5% |
| Median Gross Rent | $1,547 | $1,402 | $1,407 |
| Rent Trend (Annual %) | 6.4% | 5.6% | 5.1% |
| Household Income Trend (Annual %) | — | — | — |
The median home price in Tarrant County is about 25% higher than in Texas. Rent is about 10% higher 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 Tarrant County, up about 13.1% and 6.4% a year respectively. Home prices are changing faster.
Median rent in Tarrant County rose about 69.3% between 2015 and 2024, from $913 to $1,547. Over the same span, rent in Texas rose about 59.1%.
Affordability
On average, housing unit costs 3.8 yearly household incomes in Tarrant County.
Buying the median-priced home in Tarrant County costs roughly 17.4 years of rent at the median monthly rate. That is a moderate price-to-rent ratio, where buying and renting are often similarly cost-effective in Tarrant County. The price-to-rent ratio in Texas is about 15.4.
| Metric | Tarrant County | Texas Avg | US Average |
|---|---|---|---|
| Median Home Price | $322,393 | $258,873 | $248,835 |
| Median Household Income | $85,034 | $78,939 | $80,455 |
| Price-to-Income Ratio | 3.8 | 3.3 | 3.1 |
Home Prices vs Income Over Time
Between 2015 and 2024, the median home price in Tarrant County rose about 163.1%, while median household income rose about 50.4% 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 | Tarrant County | Texas Avg | US Average |
|---|---|---|---|
| Homeownership Rate | 55.0% | 56.7% | 58.5% |
| Rental Rate | 37.8% | 33.9% | 31.2% |
| Vacancy Rate | 7.2% | 9.4% | 10.2% |
| Median Tenure (years) | 13.0 | 14.0 | 15.0 |
| Median Year Moved In | 2013 | 2012 | 2011 |
Tarrant County has a homeownership rate of 55.0%, lower than the Texas average of 56.7%. Its housing vacancy rate is 7.2%, compared with 9.4% in Texas.
Housing Stock
| Metric | Tarrant County | Texas Avg | US Average |
|---|---|---|---|
| Average Household Size | 2.73 people | 2.69 people | 2.53 people |
| Median Structure Built Year | 1987 | 1990 | 1978 |
| Median Number of Rooms | 5.5 | 5.4 | 5.5 |
The typical housing unit in Tarrant County was built around 1987. On average, 2.7 people live in a home with about 5.5 rooms, staying for about 13.0 years on average.
Tarrant County, TX Housing Compared With Nearby Counties
Tarrant County, TX is the 2nd largest of the 6 counties compared here, 2,166,122 residents against a local median of 195,591. The measure that sets Tarrant County, TX apart most is median home price: $322,393, 34% above the local median of $240,818.
Homeownership tells the same story from another angle: 59.3% against a local median of 74.7%, 21% below it. The one measure here that carries a verdict is homeownership, and at 21% below the local median it puts Tarrant County, TX at the weaker end of the local range. The counties themselves spread $241,503 on median home price, so Tarrant County, TX sits at one end of an already wide local range rather than apart from it. Tarrant County, TX has the 3rd highest median home price of the 6 areas compared here.
| Area | Population | Median home price | Median rent | Homeownership |
|---|---|---|---|---|
| Tarrant County, TX | 2,166,122 | $322,393 #3/6 | $1,547 #3/6 | 59.3% #5/6 |
| Johnson County, TX | 195,591 | $194,630 | $1,398 | 74.7% |
| Denton County, TX | 979,063 | $436,133 | $1,728 | 65.5% |
| Dallas County, TX | 2,620,115 | $343,060 | $1,565 | 50.8% |
| Parker County, TX | 165,168 | $240,818 | $1,500 | 80.7% |
| Wise County, TX | 75,004 | $211,538 | $1,299 | 81.4% |
Frequently Asked Questions
Common questions about the housing market in Tarrant County, Texas.
What is the median home price in Tarrant County, Texas?
The median home price in Tarrant County, Texas is $322,393, higher than the Texas average of $258,873.
What is the average home price in Tarrant County, Texas?
The typical home price in Tarrant County, Texas, reported as the median sale price, is $322,393. 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 Tarrant County, Texas?
The median gross rent in Tarrant County, Texas is $1,547 per month, higher than the Texas average of $1,402.
What was the median gross rent in Tarrant County in 2020?
In 2020, the median gross rent in Tarrant County, Texas was $1,142 per month.
What is the price-to-rent ratio in Tarrant County, Texas?
The price-to-rent ratio in Tarrant County, Texas is about 17.4, meaning it would take roughly 17.4 years of rent payments at the median rent to equal the median home price. That is a moderate price-to-rent ratio, where buying and renting are often similarly cost-effective in Tarrant County.
Are home prices or rent rising faster in Tarrant County, Texas?
Both home prices and rent are rising in Tarrant County, up about 13.1% and 6.4% a year respectively. Home prices are changing faster.
What is the homeownership rate in Tarrant County, Texas?
55.0% of households in Tarrant County, Texas own their home, lower than the Texas average of 56.7%.
What is the vacancy rate in Tarrant County, Texas?
The housing vacancy rate in Tarrant County, Texas is 7.2%, lower than the Texas average of 9.4%.
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