Val Verde County, Texas Housing Market Prices
Val Verde 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 52% above the Texas median More expensive than 90% of counties in Texas$392,499
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Median rent 29% below the Texas median$993
Median Home Price Map: Nearby Counties
Housing Market Overview
| Metric | Val Verde County | Texas Avg | US Average |
|---|---|---|---|
| Median Home Price | $392,499 | $258,873 | $248,835 |
| Price Trend (Annual %) | 18.9% | 9.2% | 7.5% |
| Median Gross Rent | $993 | $1,402 | $1,407 |
| Rent Trend (Annual %) | 5.0% | 5.6% | 5.1% |
| Household Income Trend (Annual %) | — | — | — |
The median home price in Val Verde County is about 52% higher than in Texas. Rent is about 29% 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 Val Verde County, up about 18.9% and 5.0% a year respectively. Home prices are changing faster.
Median rent in Val Verde County rose about 46.8% between 2015 and 2024, from $676 to $993. Over the same span, rent in Texas rose about 59.1%.
Affordability
On average, housing unit costs 5.9 yearly household incomes in Val Verde County.
Buying the median-priced home in Val Verde County costs roughly 32.9 years of rent at the median monthly rate. That is a relatively high price-to-rent ratio, which tends to favor renting over buying in Val Verde County. The price-to-rent ratio in Texas is about 15.4.
| Metric | Val Verde County | Texas Avg | US Average |
|---|---|---|---|
| Median Home Price | $392,499 | $258,873 | $248,835 |
| Median Household Income | $66,326 | $78,939 | $80,455 |
| Price-to-Income Ratio | 5.9 | 3.3 | 3.1 |
Home Prices vs Income Over Time
Between 2015 and 2024, the median home price in Val Verde County rose about 366.3%, while median household income rose about 75.2% 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 | Val Verde County | Texas Avg | US Average |
|---|---|---|---|
| Homeownership Rate | 62.0% | 56.7% | 58.5% |
| Rental Rate | 27.8% | 33.9% | 31.2% |
| Vacancy Rate | 10.2% | 9.4% | 10.2% |
| Median Tenure (years) | 16.0 | 14.0 | 15.0 |
| Median Year Moved In | 2010 | 2012 | 2011 |
Val Verde County has a homeownership rate of 62.0%, higher than the Texas average of 56.7%. Its housing vacancy rate is 10.2%, compared with 9.4% in Texas.
Housing Stock
| Metric | Val Verde County | Texas Avg | US Average |
|---|---|---|---|
| Average Household Size | 2.73 people | 2.69 people | 2.53 people |
| Median Structure Built Year | 1985 | 1990 | 1978 |
| Median Number of Rooms | 5.3 | 5.4 | 5.5 |
The typical housing unit in Val Verde County was built around 1985. On average, 2.7 people live in a home with about 5.3 rooms, staying for about 16.0 years on average.
Frequently Asked Questions
Common questions about the housing market in Val Verde County, Texas.
What is the median home price in Val Verde County, Texas?
The median home price in Val Verde County, Texas is $392,499, higher than the Texas average of $258,873.
What is the average home price in Val Verde County, Texas?
The typical home price in Val Verde County, Texas, reported as the median sale price, is $392,499. 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 Val Verde County, Texas?
The median gross rent in Val Verde County, Texas is $993 per month, lower than the Texas average of $1,402.
What was the median gross rent in Val Verde County in 2020?
In 2020, the median gross rent in Val Verde County, Texas was $766 per month.
What is the price-to-rent ratio in Val Verde County, Texas?
The price-to-rent ratio in Val Verde County, Texas is about 32.9, meaning it would take roughly 32.9 years of rent payments at the median rent to equal the median home price. That is a relatively high price-to-rent ratio, which tends to favor renting over buying in Val Verde County.
Are home prices or rent rising faster in Val Verde County, Texas?
Both home prices and rent are rising in Val Verde County, up about 18.9% and 5.0% a year respectively. Home prices are changing faster.
What is the homeownership rate in Val Verde County, Texas?
62.0% of households in Val Verde County, Texas own their home, higher than the Texas average of 56.7%.
What is the vacancy rate in Val Verde County, Texas?
The housing vacancy rate in Val Verde County, Texas is 10.2%, higher than the Texas average of 9.4%.
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