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 | Webb County | Texas Avg | US Average |
|---|---|---|---|
| Median Home Price | $132,956 | $248,418 | $242,182 |
| Price Trend (Annual %) | 1.4% | 9.9% | 8.2% |
| Median Gross Rent | $996 | $1,338 | $1,342 |
| Rent Trend (Annual %) | 4.0% | 5.7% | 5.1% |
| Household Income Trend (Annual %) | — | — | — |
The median home price in Webb County is about 46% lower than in Texas. Rent is about 26% 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 Webb County, up about 1.4% and 4.0% a year respectively. Rent is changing faster.
Median rent in Webb County rose about 31.5% between 2015 and 2023, from $758 to $996. Over the same span, rent in Texas rose about 51.9%.
Affordability
On average, housing unit costs 2.1 yearly household incomes in Webb County.
Buying the median-priced home in Webb County costs roughly 11.1 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 Webb County. The price-to-rent ratio in Texas is about 15.5.
| Metric | Webb County | Texas Avg | US Average |
|---|---|---|---|
| Median Home Price | $132,956 | $248,418 | $242,182 |
| Median Household Income | $62,979 | $76,510 | $78,145 |
| Price-to-Income Ratio | 2.1 | 3.2 | 3.1 |
Home Prices vs Income Over Time
Between 2015 and 2023, the median home price in Webb County rose about 13.2%, while median household income rose about 74.7% between 2009 and 2023 — 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 | Webb County | Texas Avg | US Average |
|---|---|---|---|
| Homeownership Rate | 58.6% | 56.5% | 58.2% |
| Rental Rate | 33.1% | 33.8% | 31.3% |
| Vacancy Rate | 8.3% | 9.6% | 10.6% |
| Median Tenure (years) | 16.0 | 14.0 | 15.0 |
| Median Year Moved In | 2010 | 2012 | 2011 |
Webb County has a homeownership rate of 58.6%, higher than the Texas average of 56.5%. Its housing vacancy rate is 8.3%, compared with 9.6% in Texas.
Housing Stock
| Metric | Webb County | Texas Avg | US Average |
|---|---|---|---|
| Average Household Size | 3.33 people | 2.70 people | 2.54 people |
| Median Structure Built Year | 1995 | 1989 | 1978 |
| Median Number of Rooms | 5.2 | 5.4 | 5.5 |
The typical housing unit in Webb County was built around 1995. On average, 3.3 people live in a home with about 5.2 rooms, staying for about 16.0 years on average.
Frequently Asked Questions
Common questions about the housing market in Webb County, Texas.
What is the median home price in Webb County, Texas?
The median home price in Webb County, Texas is $132,956, lower than the Texas average of $248,418.
What is the average home price in Webb 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 Webb County, Texas?
The median gross rent in Webb County, Texas is $996 per month, lower than the Texas average of $1,338.
What was the median gross rent in Webb County in 2020?
In 2020, the median gross rent in Webb County, Texas was $851 per month.
What is the price-to-rent ratio in Webb County, Texas?
The price-to-rent ratio in Webb County, Texas is about 11.1, meaning it would take roughly 11.1 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 Webb County.
Are home prices or rent rising faster in Webb County, Texas?
Both home prices and rent are rising in Webb County, up about 1.4% and 4.0% a year respectively. Rent is changing faster.
What is the homeownership rate in Webb County, Texas?
58.6% of households in Webb County, Texas own their home, higher than the Texas average of 56.5%.
What is the vacancy rate in Webb County, Texas?
The housing vacancy rate in Webb County, Texas is 8.3%, lower than the Texas average of 9.6%.