Burnet County, Texas Housing Market

In Burnet County, Texas, the median home value is $344,000, with a median monthly rent of $1,319. This places Burnet County at #446 nationally out of 3134 counties by median home value, and #16 within Texas.

Median Home Value $344,000
Median Rent $1,319/mo
Owner Occupancy 76.3%
Price/Rent Ratio 21.7

📈 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 Burnet County fell -3.5% year-over-year as of 2025. (Source: FHFA)

📍 Economic Snapshot

💼

Employment & Wages

14,290
jobs (private sector)
  • Avg weekly wage: $1,120
  • Establishments: 1,655
  • BLS QCEW, 2025
🏗️

Housing Supply

736
new units authorized (2025)
  • Single-family: 734
  • Multi-family: 2
  • U.S. Census Bureau, Building Permits Survey
🚚

Migration Patterns

+1860
net migration (filers, 2021-2022)
  • Inflow: 22,091 (avg $121,488)
  • Outflow: 20,231 (avg $118,556)
  • IRS Statistics of Income

📍 Sub-Market Activity

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

# ZIP Code HPI YoY Change Latest Year
1 78639 400.0 — 2025
2 76550 353.4 +12.74% 2025
3 78657 382.0 -7.81% 2024
4 78654 348.9 -5.65% 2025
5 78611 322.1 -5.95% 2025
6 78642 342.9 +0.78% 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 Burnet County Compares

MetricBurnet CountyTexas AverageU.S. Average
Median Home Value $344,000 $186,278 $227,706
Median Gross Rent $1,319 $997 $968
Owner Occupancy Rate 76.3% 73.2% 73.3%
Price/Rent Ratio 21.7 15.2 18.7

Market Analysis

The median home value in Burnet County is 84.7% above the Texas state average and 51.1% above the U.S. national average. The median rent of $1,319/month is 32.3% above the state average.

With a price-to-rent ratio of 21.7, renting is generally more cost-effective than buying in the short to medium term. The market favors buyers only for long-term holds.

Burnet County has an owner-occupancy rate of 76.3%, 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
Oakland County Michigan $343,600 $1,376
Grafton County New Hampshire $344,500 $1,301
Cecil County Maryland $343,400 $1,377
Greene County Virginia $343,300 $1,309
Delta County Colorado $343,200 $1,121

Other Counties in Texas

CountyMedian Home ValueMedian RentOwner Occ.
Montgomery County $346,200 $1,532 71.8%
Ellis County $348,600 $1,594 75.8%
Llano County $356,500 $998 76.5%
Chambers County $329,500 $1,609 81.6%
Tarrant County $323,900 $1,547 59.3%

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).