Victoria, Texas Housing Market Prices
Victoria 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 1% above the Texas median$261,120
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Median rent 18% below the Texas median$1,155
Housing Market Overview
| Metric | Victoria | Texas Avg | US Average |
|---|---|---|---|
| Median Home Price | $261,120 | $258,873 | $248,835 |
| Price Trend (Annual %) | 5.6% | 9.2% | 7.5% |
| Median Gross Rent | $1,155 | $1,402 | $1,407 |
| Rent Trend (Annual %) | 4.3% | 5.6% | 5.1% |
| Household Income Trend (Annual %) | — | — | — |
The median home price in Victoria is about 1% higher than in Texas. Rent is about 18% 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 Victoria, up about 5.6% and 4.3% a year respectively. Home prices are changing faster.
Median rent in Victoria rose about 45.3% between 2015 and 2024, from $795 to $1,155. Over the same span, rent in Texas rose about 59.1%.
Affordability
On average, housing unit costs 4.1 yearly household incomes in Victoria.
Buying the median-priced home in Victoria costs roughly 18.8 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 Victoria. The price-to-rent ratio in Texas is about 15.4.
| Metric | Victoria | Texas Avg | US Average |
|---|---|---|---|
| Median Home Price | $261,120 | $258,873 | $248,835 |
| Median Household Income | $64,418 | $78,939 | $80,455 |
| Price-to-Income Ratio | 4.1 | 3.3 | 3.1 |
Home Prices vs Income Over Time
Between 2015 and 2024, the median home price in Victoria rose about 45.2%, while median household income rose about 57.6% between 2009 and 2025 — income grew faster than the home price.
Income Growth vs Housing Cost Growth (Year-over-Year %)
Compare income and housing cost trends.
Occupancy & Tenure
| Metric | Victoria | Texas Avg | US Average |
|---|---|---|---|
| Homeownership Rate | 50.5% | 56.7% | 58.5% |
| Rental Rate | 37.3% | 33.9% | 31.2% |
| Vacancy Rate | 12.1% | 9.4% | 10.2% |
| Median Tenure (years) | 12.0 | 14.0 | 15.0 |
| Median Year Moved In | 2014 | 2012 | 2011 |
Victoria has a homeownership rate of 50.5%, lower than the Texas average of 56.7%. Its housing vacancy rate is 12.1%, compared with 9.4% in Texas.
Housing Stock
| Metric | Victoria | Texas Avg | US Average |
|---|---|---|---|
| Average Household Size | 2.53 people | 2.69 people | 2.53 people |
| Median Structure Built Year | 1978 | 1990 | 1978 |
| Median Number of Rooms | 5.2 | 5.4 | 5.5 |
The typical housing unit in Victoria was built around 1978. On average, 2.5 people live in a home with about 5.2 rooms, staying for about 12.0 years on average.
Frequently Asked Questions
Common questions about the housing market in Victoria, Texas.
What is the median home price in Victoria, Texas?
The median home price in Victoria, Texas is $261,120, higher than the Texas average of $258,873.
What is the average home price in Victoria, Texas?
The typical home price in Victoria, Texas, reported as the median sale price, is $261,120. 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 Victoria, Texas?
The median gross rent in Victoria, Texas is $1,155 per month, lower than the Texas average of $1,402.
What was the median gross rent in Victoria in 2020?
In 2020, the median gross rent in Victoria, Texas was $946 per month.
What is the price-to-rent ratio in Victoria, Texas?
The price-to-rent ratio in Victoria, Texas is about 18.8, meaning it would take roughly 18.8 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 Victoria.
Are home prices or rent rising faster in Victoria, Texas?
Both home prices and rent are rising in Victoria, up about 5.6% and 4.3% a year respectively. Home prices are changing faster.
What is the homeownership rate in Victoria, Texas?
50.5% of households in Victoria, Texas own their home, lower than the Texas average of 56.7%.
What is the vacancy rate in Victoria, Texas?
The housing vacancy rate in Victoria, Texas is 12.1%, higher than the Texas average of 9.4%.
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