Armstrong County, Texas Housing Market
In Armstrong County, Texas, the median home value is $171,500, with a median monthly rent of $1,021. This places Armstrong County at #1774 nationally out of 3134 counties by median home value, and #120 within Texas.
📈 Price Trend (2017 → 2024)
ℹ️ FHFA HPI data is not available for this county due to limited mortgage transaction volume.
📍 Economic Snapshot
Employment & Wages
- Avg weekly wage: $1,556
- Establishments: 79
- BLS QCEW, 2025
Migration Patterns
- Inflow: 717 (avg $74,222)
- Outflow: 684 (avg $77,096)
- IRS Statistics of Income
📍 Sub-Market Activity
Top 1 active ZIP codes in Armstrong County · Latest: 2025
| # | ZIP Code | HPI | YoY Change | Latest Year |
|---|---|---|---|---|
| 1 | 79118 | 232.0 | +2.02% | 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.
💰 Ready to Finance a Purchase?
See the 2026 FHA and conforming loan limits for Armstrong County, plus monthly payment estimates at today's mortgage rates.
View Mortgage Guide for Armstrong County →How Armstrong County Compares
| Metric | Armstrong County | Texas Average | U.S. Average |
|---|---|---|---|
| Median Home Value | $171,500 | $186,278 | $227,706 |
| Median Gross Rent | $1,021 | $997 | $968 |
| Owner Occupancy Rate | 80.2% | 73.2% | 73.3% |
| Price/Rent Ratio | 14.0 | 15.2 | 18.7 |
Market Analysis
The median home value in Armstrong County is 7.9% below the Texas state average and 24.7% below the U.S. national average. The median rent of $1,021/month is 2.4% above the state average.
With a price-to-rent ratio of 14.0, buying a home in Armstrong 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.
Armstrong County has an owner-occupancy rate of 80.2%, 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
| County | State | Median Home Value | Median Rent |
|---|---|---|---|
| Newton County | Indiana | $171,500 | $918 |
| Ross County | Ohio | $171,500 | $906 |
| Reagan County | Texas | $171,500 | $746 |
| Clay County | Texas | $171,500 | $811 |
| Stone County | Arkansas | $171,600 | $626 |
Other Counties in Texas
| County | Median Home Value | Median Rent | Owner Occ. |
|---|---|---|---|
| Reagan County | $171,500 | $746 | 70.0% |
| Clay County | $171,500 | $811 | 84.0% |
| Rusk County | $171,300 | $1,015 | 78.8% |
| Calhoun County | $171,200 | $891 | 77.3% |
| DeWitt County | $170,900 | $921 | 73.9% |
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).