Concho County, Texas Housing Market
In Concho County, Texas, the median home value is $107,400, with a median monthly rent of $733. This places Concho County at #2830 nationally out of 3134 counties by median home value, and #198 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: $1,524
- Establishments: 72
- BLS QCEW, 2025
Migration Patterns
- Inflow: 908 (avg $53,229)
- Outflow: 854 (avg $54,282)
- IRS Statistics of Income
How Concho County Compares
| Metric | Concho County | Texas Average | U.S. Average |
|---|---|---|---|
| Median Home Value | $107,400 | $186,278 | $227,706 |
| Median Gross Rent | $733 | $997 | $968 |
| Owner Occupancy Rate | 80.5% | 73.2% | 73.3% |
| Price/Rent Ratio | 12.2 | 15.2 | 18.7 |
Market Analysis
The median home value in Concho County is 42.3% below the Texas state average and 52.8% below the U.S. national average. The median rent of $733/month is 26.5% below the state average.
With a price-to-rent ratio of 12.2, buying a home in Concho 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.
Concho County has an owner-occupancy rate of 80.5%, 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
| County | State | Median Home Value | Median Rent |
|---|---|---|---|
| Marengo County | Alabama | $107,400 | $716 |
| Dooly County | Georgia | $107,400 | $758 |
| Wayne County | Missouri | $107,400 | $665 |
| McDonough County | Illinois | $107,500 | $761 |
| Blackford County | Indiana | $107,500 | $699 |
Other Counties in Texas
| County | Median Home Value | Median Rent | Owner Occ. |
|---|---|---|---|
| Frio County | $107,700 | $1,016 | 58.9% |
| Menard County | $108,500 | $729 | 80.7% |
| Wheeler County | $106,100 | $970 | 76.2% |
| Upton County | $109,000 | $720 | 77.2% |
| Runnels County | $109,300 | $847 | 75.0% |
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 2026-10-13. The price-to-rent ratio is calculated as Median Home Value ÷ (Median Monthly Rent × 12).