Bowie County, Texas Housing Market

In Bowie County, Texas, the median home value is $173,000, with a median monthly rent of $988. This places Bowie County at #1743 nationally out of 3134 counties by median home value, and #115 within Texas.

Median Home Value $173,000
Median Rent $988/mo
Owner Occupancy 63.4%
Price/Rent Ratio 14.6

📈 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 Bowie County rose +0.9% year-over-year as of 2025. (Source: FHFA)

📍 Economic Snapshot

💼

Employment & Wages

33,082
jobs (private sector)
  • Avg weekly wage: $1,032
  • Establishments: 2,338
  • BLS QCEW, 2025
🏗️

Housing Supply

257
new units authorized (2025)
  • Single-family: 127
  • Multi-family: 130
  • U.S. Census Bureau, Building Permits Survey
🚚

Migration Patterns

+1862
net migration (filers, 2021-2022)
  • Inflow: 35,428 (avg $75,135)
  • Outflow: 33,566 (avg $75,446)
  • IRS Statistics of Income

📍 Sub-Market Activity

Top 2 active ZIP codes in Bowie County · Latest: 2025

# ZIP Code HPI YoY Change Latest Year
1 75501 258.2 +4.20% 2025
2 75503 233.3 +1.37% 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 Bowie County Compares

MetricBowie CountyTexas AverageU.S. Average
Median Home Value $173,000 $186,278 $227,706
Median Gross Rent $988 $997 $968
Owner Occupancy Rate 63.4% 73.2% 73.3%
Price/Rent Ratio 14.6 15.2 18.7

Market Analysis

The median home value in Bowie County is 7.1% below the Texas state average and 24.0% below the U.S. national average. The median rent of $988/month is 0.9% below the state average.

With a price-to-rent ratio of 14.6, buying a home in Bowie 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.

Bowie County has an owner-occupancy rate of 63.4%, compared to 73.2% in Texas and 73.3% nationally. This indicates a more renter-heavy market than the U.S. average.

Similar Counties by Home Value

CountyStateMedian Home ValueMedian Rent
Madison County Illinois $173,000 $1,024
Wadena County Minnesota $173,000 $746
Howell County Missouri $173,000 $733
O'Brien County Iowa $173,100 $868
Camp County Texas $173,100 $801

Other Counties in Texas

CountyMedian Home ValueMedian RentOwner Occ.
Camp County $173,100 $801 77.5%
Matagorda County $172,900 $999 68.1%
Orange County $173,400 $1,100 75.2%
Navarro County $172,600 $1,076 69.4%
Titus County $174,000 $907 70.6%

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).