Waller County, Texas Housing Market Prices
Waller 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 36% above the Texas median More expensive than 88% of counties in Texas$353,092
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Median rent 17% below the Texas median More expensive than 81% of counties in Texas$1,168
Median Home Price Map: Nearby Counties
Housing Market Overview
| Metric | Waller County | Texas Avg | US Average |
|---|---|---|---|
| Median Home Price | $353,092 | $258,873 | $248,835 |
| Price Trend (Annual %) | 11.9% | 9.2% | 7.5% |
| Median Gross Rent | $1,168 | $1,402 | $1,407 |
| Rent Trend (Annual %) | 4.5% | 5.6% | 5.1% |
| Household Income Trend (Annual %) | — | — | — |
The median home price in Waller County is about 36% higher than in Texas. Rent is about 17% 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 Waller County, up about 11.9% and 4.5% a year respectively. Home prices are changing faster.
Median rent in Waller County rose about 46.5% between 2015 and 2024, from $797 to $1,168. Over the same span, rent in Texas rose about 59.1%.
Affordability
On average, housing unit costs 4.2 yearly household incomes in Waller County.
Buying the median-priced home in Waller County costs roughly 25.2 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 Waller County. The price-to-rent ratio in Texas is about 15.4.
| Metric | Waller County | Texas Avg | US Average |
|---|---|---|---|
| Median Home Price | $353,092 | $258,873 | $248,835 |
| Median Household Income | $83,139 | $78,939 | $80,455 |
| Price-to-Income Ratio | 4.2 | 3.3 | 3.1 |
Home Prices vs Income Over Time
Between 2015 and 2024, the median home price in Waller County rose about 144.3%, while median household income rose about 76.4% 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 | Waller County | Texas Avg | US Average |
|---|---|---|---|
| Homeownership Rate | 64.9% | 56.7% | 58.5% |
| Rental Rate | 25.2% | 33.9% | 31.2% |
| Vacancy Rate | 9.8% | 9.4% | 10.2% |
| Median Tenure (years) | 13.0 | 14.0 | 15.0 |
| Median Year Moved In | 2013 | 2012 | 2011 |
Waller County has a homeownership rate of 64.9%, higher than the Texas average of 56.7%. Its housing vacancy rate is 9.8%, compared with 9.4% in Texas.
Housing Stock
| Metric | Waller County | Texas Avg | US Average |
|---|---|---|---|
| Average Household Size | 3.09 people | 2.69 people | 2.53 people |
| Median Structure Built Year | 2004 | 1990 | 1978 |
| Median Number of Rooms | 5.5 | 5.4 | 5.5 |
The typical housing unit in Waller County was built around 2004. On average, 3.1 people live in a home with about 5.5 rooms, staying for about 13.0 years on average.
Waller County, TX Housing Compared With Nearby Counties
Waller County, TX is the 3rd largest of the 6 counties compared here, 61,552 residents against a local median of 36,647. Waller County, TX sits close to the middle of its own neighbourhood. No measure below is more than 15% off the local median, so the choice between these counties turns on things this data does not capture.
The largest of those small differences is median home price, 11% above the local median at $353,092 against $316,839. Waller County, TX has the 3rd highest median home price of the 6 areas compared here.
| Area | Population | Median home price | Median rent | Homeownership |
|---|---|---|---|---|
| Waller County, TX | 61,552 | $353,092 #3/6 | $1,168 #3/6 | 72.0% #4/6 |
| Austin County, TX | 31,170 | $97,801 | $1,137 | 76.5% |
| Washington County, TX | 36,647 | $377,272 | $1,164 | 69.8% |
| Fort Bend County, TX | 893,669 | $361,207 | $1,806 | 77.0% |
| Grimes County, TX | 31,340 | $132,386 | $1,069 | 79.9% |
| Montgomery County, TX | 684,384 | $316,839 | $1,532 | 71.8% |
Frequently Asked Questions
Common questions about the housing market in Waller County, Texas.
What is the median home price in Waller County, Texas?
The median home price in Waller County, Texas is $353,092, higher than the Texas average of $258,873.
What is the average home price in Waller County, Texas?
The typical home price in Waller County, Texas, reported as the median sale price, is $353,092. 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 Waller County, Texas?
The median gross rent in Waller County, Texas is $1,168 per month, lower than the Texas average of $1,402.
What was the median gross rent in Waller County in 2020?
In 2020, the median gross rent in Waller County, Texas was $1,000 per month.
What is the price-to-rent ratio in Waller County, Texas?
The price-to-rent ratio in Waller County, Texas is about 25.2, meaning it would take roughly 25.2 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 Waller County.
Are home prices or rent rising faster in Waller County, Texas?
Both home prices and rent are rising in Waller County, up about 11.9% and 4.5% a year respectively. Home prices are changing faster.
What is the homeownership rate in Waller County, Texas?
64.9% of households in Waller County, Texas own their home, higher than the Texas average of 56.7%.
What is the vacancy rate in Waller County, Texas?
The housing vacancy rate in Waller County, Texas is 9.8%, higher than the Texas average of 9.4%.
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