Andrews County, Texas Housing Market

In Andrews County, Texas, the median home value is $195,700, with a median monthly rent of $1,305. This places Andrews County at #1446 nationally out of 3134 counties by median home value, and #89 within Texas.

Median Home Value $195,700
Median Rent $1,305/mo
Owner Occupancy 78.5%
Price/Rent Ratio 12.5

📈 Price Trend (2017 → 2024)

📊 Recent Market Momentum (FHFA HPI)

FHFA House Price Index — All-Transactions, Annual (2000 = 100) · Latest: 2025

💡 Year-over-Year Trend: Home prices in Andrews County rose +10.3% year-over-year as of 2025. (Source: FHFA)

📍 Economic Snapshot

💼

Employment & Wages

6,355
jobs (private sector)
  • Avg weekly wage: $1,626
  • Establishments: 514
  • BLS QCEW, 2025
🏗️

Housing Supply

93
new units authorized (2025)
  • Single-family: 67
  • Multi-family: 26
  • U.S. Census Bureau, Building Permits Survey
🚚

Migration Patterns

+332
net migration (filers, 2021-2022)
  • Inflow: 6,264 (avg $83,203)
  • Outflow: 5,932 (avg $83,536)
  • IRS Statistics of Income

📍 Sub-Market Activity

Top 1 active ZIP codes in Andrews County · Latest: 2025

# ZIP Code HPI YoY Change Latest Year
1 79714 363.8 +10.27% 2025

Source: FHFA HPI for Five-Digit ZIP Codes (All-Transactions Index, 2000 = 100).
This product uses FHFA Data but is neither endorsed nor certified by FHFA.

How Andrews County Compares

MetricAndrews CountyTexas AverageU.S. Average
Median Home Value $195,700 $186,278 $227,706
Median Gross Rent $1,305 $997 $968
Owner Occupancy Rate 78.5% 73.2% 73.3%
Price/Rent Ratio 12.5 15.2 18.7

Market Analysis

The median home value in Andrews County is 5.1% above the Texas state average and 14.1% below the U.S. national average. The median rent of $1,305/month is 30.9% above the state average.

With a price-to-rent ratio of 12.5, buying a home in Andrews County is generally more favorable than renting for those planning to stay long-term. A ratio below 15 typically signals that purchasing is financially advantageous over a multi-year horizon.

Andrews County has an owner-occupancy rate of 78.5%, compared to 73.2% in Texas and 73.3% nationally. This indicates a more homeowner-heavy market than the U.S. average.

Similar Counties by Home Value

CountyStateMedian Home ValueMedian Rent
Pottawattamie County Iowa $195,700 $1,018
LaPorte County Indiana $195,500 $976
Pennington County Minnesota $195,500 $862
Midland County Michigan $195,400 $1,016
Pierce County Nebraska $196,000 $884

Other Counties in Texas

CountyMedian Home ValueMedian RentOwner Occ.
Coryell County $195,300 $1,186 58.6%
Tom Green County $197,000 $1,154 65.1%
Palo Pinto County $198,000 $1,093 71.0%
Taylor County $198,600 $1,159 60.5%
Goliad County $192,500 $754 86.8%

Data Source: U.S. Census Bureau, American Community Survey (ACS) 2024 5-Year Estimates (2017–2024). Variables: B25077 (Median Home Value), B25064 (Median Gross Rent), B25003 (Tenure). Data collected on 2026-10-14. The price-to-rent ratio is calculated as Median Home Value ÷ (Median Monthly Rent × 12).