Wharton County, Texas Housing Market Prices
Wharton 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% below the Texas median$166,920
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Median rent 25% below the Texas median$1,046
Median Home Price Map: Nearby Counties
Housing Market Overview
| Metric | Wharton County | Texas Avg | US Average |
|---|---|---|---|
| Median Home Price | $166,920 | $258,873 | $248,835 |
| Price Trend (Annual %) | 11.0% | 9.2% | 7.5% |
| Median Gross Rent | $1,046 | $1,402 | $1,407 |
| Rent Trend (Annual %) | 5.2% | 5.6% | 5.1% |
| Household Income Trend (Annual %) | — | — | — |
The median home price in Wharton County is about 36% lower than in Texas. Rent is about 25% 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 Wharton County, up about 11.0% and 5.2% a year respectively. Home prices are changing faster.
Median rent in Wharton County rose about 54.4% between 2015 and 2024, from $678 to $1,046. Over the same span, rent in Texas rose about 59.1%.
Affordability
On average, housing unit costs 2.5 yearly household incomes in Wharton County.
Buying the median-priced home in Wharton County costs roughly 13.3 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 Wharton County. The price-to-rent ratio in Texas is about 15.4.
| Metric | Wharton County | Texas Avg | US Average |
|---|---|---|---|
| Median Home Price | $166,920 | $258,873 | $248,835 |
| Median Household Income | $68,105 | $78,939 | $80,455 |
| Price-to-Income Ratio | 2.5 | 3.3 | 3.1 |
Home Prices vs Income Over Time
Between 2015 and 2024, the median home price in Wharton County rose about 235.9%, while median household income rose about 48.5% 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 | Wharton County | Texas Avg | US Average |
|---|---|---|---|
| Homeownership Rate | 64.8% | 56.7% | 58.5% |
| Rental Rate | 24.9% | 33.9% | 31.2% |
| Vacancy Rate | 10.3% | 9.4% | 10.2% |
| Median Tenure (years) | 18.0 | 14.0 | 15.0 |
| Median Year Moved In | 2008 | 2012 | 2011 |
Wharton County has a homeownership rate of 64.8%, higher than the Texas average of 56.7%. Its housing vacancy rate is 10.3%, compared with 9.4% in Texas.
Housing Stock
| Metric | Wharton County | Texas Avg | US Average |
|---|---|---|---|
| Average Household Size | 2.58 people | 2.69 people | 2.53 people |
| Median Structure Built Year | 1980 | 1990 | 1978 |
| Median Number of Rooms | 5.3 | 5.4 | 5.5 |
The typical housing unit in Wharton County was built around 1980. On average, 2.6 people live in a home with about 5.3 rooms, staying for about 18.0 years on average.
Wharton County, TX Housing Compared With Nearby Counties
Wharton County, TX is the 2nd largest of the 5 counties compared here, 41,794 residents against a local median of 33,749. Where Wharton County, TX breaks from the counties next to it is median home price, sitting 26% below the local median of $225,887 at $166,920.
The counties themselves spread $263,406 on median home price, so Wharton County, TX sits at one end of an already wide local range rather than apart from it. Wharton County, TX has the 4th highest median home price of the 5 areas compared here.
| Area | Population | Median home price | Median rent | Homeownership |
|---|---|---|---|---|
| Wharton County, TX | 41,794 | $166,920 #4/5 | $1,046 #3/5 | 72.3% #4/5 |
| Colorado County, TX | 21,006 | $168,749 | $925 | 79.5% |
| Fort Bend County, TX | 893,669 | $361,207 | $1,806 | 77.0% |
| Matagorda County, TX | 36,329 | $283,024 | $998 | 68.1% |
| Austin County, TX | 31,170 | $97,801 | $1,137 | 76.5% |
Frequently Asked Questions
Common questions about the housing market in Wharton County, Texas.
What is the median home price in Wharton County, Texas?
The median home price in Wharton County, Texas is $166,920, lower than the Texas average of $258,873.
What is the average home price in Wharton County, Texas?
The typical home price in Wharton County, Texas, reported as the median sale price, is $166,920. 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 Wharton County, Texas?
The median gross rent in Wharton County, Texas is $1,046 per month, lower than the Texas average of $1,402.
What was the median gross rent in Wharton County in 2020?
In 2020, the median gross rent in Wharton County, Texas was $787 per month.
What is the price-to-rent ratio in Wharton County, Texas?
The price-to-rent ratio in Wharton County, Texas is about 13.3, meaning it would take roughly 13.3 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 Wharton County.
Are home prices or rent rising faster in Wharton County, Texas?
Both home prices and rent are rising in Wharton County, up about 11.0% and 5.2% a year respectively. Home prices are changing faster.
What is the homeownership rate in Wharton County, Texas?
64.8% of households in Wharton County, Texas own their home, higher than the Texas average of 56.7%.
What is the vacancy rate in Wharton County, Texas?
The housing vacancy rate in Wharton County, Texas is 10.3%, higher than the Texas average of 9.4%.
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