Bailey County, Texas Housing Market
In Bailey County, Texas, the median home value is $105,300, with a median monthly rent of $931. This places Bailey County at #2850 nationally out of 3134 counties by median home value, and #201 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: $995
- Establishments: 207
- BLS QCEW, 2025
Housing Supply
- Single-family: 2
- Multi-family: 0
- U.S. Census Bureau, Building Permits Survey
Migration Patterns
- Inflow: 2,151 (avg $60,609)
- Outflow: 2,040 (avg $61,678)
- IRS Statistics of Income
💰 Ready to Finance a Purchase?
See the 2026 FHA and conforming loan limits for Bailey County, plus monthly payment estimates at today's mortgage rates.
View Mortgage Guide for Bailey County →How Bailey County Compares
| Metric | Bailey County | Texas Average | U.S. Average |
|---|---|---|---|
| Median Home Value | $105,300 | $186,278 | $227,706 |
| Median Gross Rent | $931 | $997 | $968 |
| Owner Occupancy Rate | 79.9% | 73.2% | 73.3% |
| Price/Rent Ratio | 9.4 | 15.2 | 18.7 |
Market Analysis
The median home value in Bailey County is 43.5% below the Texas state average and 53.8% below the U.S. national average. The median rent of $931/month is 6.6% below the state average.
With a price-to-rent ratio of 9.4, buying a home in Bailey 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.
Bailey County has an owner-occupancy rate of 79.9%, 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 |
|---|---|---|---|
| Conecuh County | Alabama | $105,300 | $834 |
| Lincoln County | West Virginia | $105,300 | $771 |
| Jefferson County | Georgia | $105,400 | $731 |
| Terry County | Texas | $105,400 | $817 |
| Sharp County | Arkansas | $105,100 | $766 |
Other Counties in Texas
| County | Median Home Value | Median Rent | Owner Occ. |
|---|---|---|---|
| Terry County | $105,400 | $817 | 66.5% |
| Wheeler County | $106,100 | $970 | 76.2% |
| Collingsworth County | $104,000 | $714 | 73.8% |
| Dawson County | $103,400 | $777 | 70.6% |
| Concho County | $107,400 | $733 | 80.5% |
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).