Weatherford, Texas Housing Market Prices
Weatherford 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 81% below the Texas median$48,877
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Median rent 7% above the Texas median$1,495
Housing Market Overview
| Metric | Weatherford | Texas Avg | US Average |
|---|---|---|---|
| Median Home Price | $48,877 | $258,873 | $248,835 |
| Price Trend (Annual %) | -5.3% | 9.2% | 7.5% |
| Median Gross Rent | $1,495 | $1,402 | $1,407 |
| Rent Trend (Annual %) | 6.1% | 5.6% | 5.1% |
| Household Income Trend (Annual %) | — | — | — |
The median home price in Weatherford is about 81% lower than in Texas. Rent is about 7% higher than the Texas average.
Median Home and Rent Price Trends
Median Home Prices, 2015-2024
Median Rent Prices, 2015-2024
Home prices and rent are moving in opposite directions in Weatherford: home prices fell about 5.3% a year while rent rose about 6.1% a year. That is an unusual pattern worth watching.
Median rent in Weatherford rose about 63.1% between 2015 and 2024, from $917 to $1,495. Over the same span, rent in Texas rose about 59.1%.
Affordability
On average, housing unit costs 0.7 yearly household incomes in Weatherford.
Buying the median-priced home in Weatherford costs roughly 2.7 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 Weatherford. The price-to-rent ratio in Texas is about 15.4.
| Metric | Weatherford | Texas Avg | US Average |
|---|---|---|---|
| Median Home Price | $48,877 | $258,873 | $248,835 |
| Median Household Income | $70,523 | $78,939 | $80,455 |
| Price-to-Income Ratio | 0.7 | 3.3 | 3.1 |
Home Prices vs Income Over Time
Between 2015 and 2024, the median home price in Weatherford fell about 65.1%, while median household income rose about 47.3% 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 | Weatherford | Texas Avg | US Average |
|---|---|---|---|
| Homeownership Rate | 53.0% | 56.7% | 58.5% |
| Rental Rate | 40.0% | 33.9% | 31.2% |
| Vacancy Rate | 7.0% | 9.4% | 10.2% |
| Median Tenure (years) | 10.0 | 14.0 | 15.0 |
| Median Year Moved In | 2016 | 2012 | 2011 |
Weatherford has a homeownership rate of 53.0%, lower than the Texas average of 56.7%. Its housing vacancy rate is 7.0%, compared with 9.4% in Texas.
Housing Stock
| Metric | Weatherford | Texas Avg | US Average |
|---|---|---|---|
| Average Household Size | 2.42 people | 2.69 people | 2.53 people |
| Median Structure Built Year | 1989 | 1990 | 1978 |
| Median Number of Rooms | 5.3 | 5.4 | 5.5 |
The typical housing unit in Weatherford was built around 1989. On average, 2.4 people live in a home with about 5.3 rooms, staying for about 10.0 years on average.
Frequently Asked Questions
Common questions about the housing market in Weatherford, Texas.
What is the median home price in Weatherford, Texas?
The median home price in Weatherford, Texas is $48,877, lower than the Texas average of $258,873.
What is the average home price in Weatherford, Texas?
The typical home price in Weatherford, Texas, reported as the median sale price, is $48,877. 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 Weatherford, Texas?
The median gross rent in Weatherford, Texas is $1,495 per month, higher than the Texas average of $1,402.
What was the median gross rent in Weatherford in 2020?
In 2020, the median gross rent in Weatherford, Texas was $1,086 per month.
What is the price-to-rent ratio in Weatherford, Texas?
The price-to-rent ratio in Weatherford, Texas is about 2.7, meaning it would take roughly 2.7 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 Weatherford.
Are home prices or rent rising faster in Weatherford, Texas?
Home prices and rent are moving in opposite directions in Weatherford: home prices fell about 5.3% a year while rent rose about 6.1% a year. That is an unusual pattern worth watching.
What is the homeownership rate in Weatherford, Texas?
53.0% of households in Weatherford, Texas own their home, lower than the Texas average of 56.7%.
What is the vacancy rate in Weatherford, Texas?
The housing vacancy rate in Weatherford, Texas is 7.0%, lower than the Texas average of 9.4%.
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