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 | Trinity County | Texas Avg | US Average |
|---|---|---|---|
| Median Home Price | $88,174 | $248,418 | $242,182 |
| Price Trend (Annual %) | 13.8% | 9.9% | 8.2% |
| Median Gross Rent | $823 | $1,338 | $1,342 |
| Rent Trend (Annual %) | 2.5% | 5.7% | 5.1% |
| Household Income Trend (Annual %) | — | — | — |
The median home price in Trinity County is about 65% lower than in Texas. Rent is about 38% 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 Trinity County, up about 13.8% and 2.5% a year respectively. Home prices are changing faster.
Median rent in Trinity County rose about 17.3% between 2015 and 2023, from $702 to $823. Over the same span, rent in Texas rose about 51.9%.
Affordability
On average, housing unit costs 1.7 yearly household incomes in Trinity County.
Buying the median-priced home in Trinity County costs roughly 8.9 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 Trinity County. The price-to-rent ratio in Texas is about 15.5.
| Metric | Trinity County | Texas Avg | US Average |
|---|---|---|---|
| Median Home Price | $88,174 | $248,418 | $242,182 |
| Median Household Income | $51,740 | $76,510 | $78,145 |
| Price-to-Income Ratio | 1.7 | 3.2 | 3.1 |
Home Prices vs Income Over Time
Between 2015 and 2023, the median home price in Trinity County rose about 95.5%, while median household income rose about 41.2% 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 | Trinity County | Texas Avg | US Average |
|---|---|---|---|
| Homeownership Rate | 56.7% | 56.5% | 58.2% |
| Rental Rate | 16.4% | 33.8% | 31.3% |
| Vacancy Rate | 27.0% | 9.6% | 10.6% |
| Median Tenure (years) | 16.0 | 14.0 | 15.0 |
| Median Year Moved In | 2010 | 2012 | 2011 |
Trinity County has a homeownership rate of 56.7%, about the same as the Texas average of 56.5%. Its housing vacancy rate is 27.0%, compared with 9.6% in Texas.
Housing Stock
| Metric | Trinity County | Texas Avg | US Average |
|---|---|---|---|
| Average Household Size | 2.27 people | 2.70 people | 2.54 people |
| Median Structure Built Year | 1988 | 1989 | 1978 |
| Median Number of Rooms | 5.1 | 5.4 | 5.5 |
The typical housing unit in Trinity County was built around 1988. On average, 2.3 people live in a home with about 5.1 rooms, staying for about 16.0 years on average.
Frequently Asked Questions
Common questions about the housing market in Trinity County, Texas.
What is the median home price in Trinity County, Texas?
The median home price in Trinity County, Texas is $88,174, lower than the Texas average of $248,418.
What is the average home price in Trinity 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 Trinity County, Texas?
The median gross rent in Trinity County, Texas is $823 per month, lower than the Texas average of $1,338.
What was the median gross rent in Trinity County in 2020?
In 2020, the median gross rent in Trinity County, Texas was $649 per month.
What is the price-to-rent ratio in Trinity County, Texas?
The price-to-rent ratio in Trinity County, Texas is about 8.9, meaning it would take roughly 8.9 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 Trinity County.
Are home prices or rent rising faster in Trinity County, Texas?
Both home prices and rent are rising in Trinity County, up about 13.8% and 2.5% a year respectively. Home prices are changing faster.
What is the homeownership rate in Trinity County, Texas?
56.7% of households in Trinity County, Texas own their home, about the same as the Texas average.
What is the vacancy rate in Trinity County, Texas?
The housing vacancy rate in Trinity County, Texas is 27.0%, higher than the Texas average of 9.6%.