Bastrop County, Texas Housing Market

In Bastrop County, Texas, the median home value is $314,800, with a median monthly rent of $1,410. This places Bastrop County at #553 nationally out of 3134 counties by median home value, and #23 within Texas.

Median Home Value $314,800
Median Rent $1,410/mo
Owner Occupancy 76.5%
Price/Rent Ratio 18.6

📈 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 Bastrop County rose +1.6% year-over-year as of 2025. (Source: FHFA)

📍 Economic Snapshot

💼

Employment & Wages

18,180
jobs (private sector)
  • Avg weekly wage: $1,028
  • Establishments: 1,786
  • BLS QCEW, 2025
🏗️

Housing Supply

2,269
new units authorized (2025)
  • Single-family: 1,546
  • Multi-family: 723
  • U.S. Census Bureau, Building Permits Survey
🚚

Migration Patterns

+3310
net migration (filers, 2021-2022)
  • Inflow: 38,145 (avg $72,720)
  • Outflow: 34,835 (avg $71,345)
  • IRS Statistics of Income

📍 Sub-Market Activity

Top 6 active ZIP codes in Bastrop County · Latest: 2025

# ZIP Code HPI YoY Change Latest Year
1 78653 421.2 +3.12% 2025
2 78945 362.0 -5.58% 2025
3 78957 352.0 +7.78% 2025
4 78621 330.4 +7.61% 2025
5 78612 328.5 -5.77% 2025
6 78602 318.0 -3.93% 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 Bastrop County Compares

MetricBastrop CountyTexas AverageU.S. Average
Median Home Value $314,800 $186,278 $227,706
Median Gross Rent $1,410 $997 $968
Owner Occupancy Rate 76.5% 73.2% 73.3%
Price/Rent Ratio 18.6 15.2 18.7

Market Analysis

The median home value in Bastrop County is 69.0% above the Texas state average and 38.2% above the U.S. national average. The median rent of $1,410/month is 41.4% above the state average.

With a price-to-rent ratio of 18.6, the buy-vs-rent decision in Bastrop County is balanced. Whether buying or renting makes more sense depends on your time horizon, down payment capacity, and local market conditions.

Bastrop County has an owner-occupancy rate of 76.5%, 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
Polk County North Carolina $315,000 $1,178
Galveston County Texas $314,600 $1,404
Washington County Vermont $315,000 $1,163
Petersburg Borough Alaska $315,100 $950
Louisa County Virginia $315,300 $1,220

Other Counties in Texas

CountyMedian Home ValueMedian RentOwner Occ.
Galveston County $314,600 $1,404 67.6%
Midland County $312,700 $1,407 67.6%
Waller County $318,700 $1,169 72.0%
Kaufman County $320,900 $1,554 78.1%
Kerr County $321,200 $1,109 70.1%

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).