Callahan County, Texas Housing Market

In Callahan County, Texas, the median home value is $145,500, with a median monthly rent of $817. This places Callahan County at #2305 nationally out of 3134 counties by median home value, and #164 within Texas.

Median Home Value $145,500
Median Rent $817/mo
Owner Occupancy 80.9%
Price/Rent Ratio 14.8

📈 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 Callahan County rose +4.0% year-over-year as of 2025. (Source: FHFA)

📍 Economic Snapshot

💼

Employment & Wages

2,318
jobs (private sector)
  • Avg weekly wage: $1,108
  • Establishments: 304
  • BLS QCEW, 2025
🏗️

Housing Supply

103
new units authorized (2025)
  • Single-family: 103
  • Multi-family: 0
  • U.S. Census Bureau, Building Permits Survey
🚚

Migration Patterns

+385
net migration (filers, 2021-2022)
  • Inflow: 5,458 (avg $67,926)
  • Outflow: 5,073 (avg $66,854)
  • IRS Statistics of Income

📍 Sub-Market Activity

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

# ZIP Code HPI YoY Change Latest Year
1 79602 274.1 +7.63% 2025
2 79601 276.4 +3.83% 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 Callahan County Compares

MetricCallahan CountyTexas AverageU.S. Average
Median Home Value $145,500 $186,278 $227,706
Median Gross Rent $817 $997 $968
Owner Occupancy Rate 80.9% 73.2% 73.3%
Price/Rent Ratio 14.8 15.2 18.7

Market Analysis

The median home value in Callahan County is 21.9% below the Texas state average and 36.1% below the U.S. national average. The median rent of $817/month is 18.1% below the state average.

With a price-to-rent ratio of 14.8, buying a home in Callahan 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.

Callahan County has an owner-occupancy rate of 80.9%, 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

CountyStateMedian Home ValueMedian Rent
Marshall County Iowa $145,500 $885
Franklin County New York $145,400 $843
Bibb County Alabama $145,700 $733
Calhoun County Florida $145,300 $779
Bond County Illinois $145,700 $785

Other Counties in Texas

CountyMedian Home ValueMedian RentOwner Occ.
Cass County $146,400 $852 76.6%
Parmer County $146,700 $1,081 72.1%
Sherman County $146,900 $835 76.3%
Sterling County $147,000 $952 77.7%
Lynn County $147,300 $927 77.0%

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).