Ellis County, Texas Housing Market

In Ellis County, Texas, the median home value is $348,600, with a median monthly rent of $1,594. This places Ellis County at #425 nationally out of 3134 counties by median home value, and #14 within Texas.

Median Home Value $348,600
Median Rent $1,594/mo
Owner Occupancy 75.8%
Price/Rent Ratio 18.2

📈 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 Ellis County fell -0.3% year-over-year as of 2025. (Source: FHFA)

📍 Economic Snapshot

💼

Employment & Wages

54,980
jobs (private sector)
  • Avg weekly wage: $1,139
  • Establishments: 3,919
  • BLS QCEW, 2025
🏗️

Housing Supply

3,678
new units authorized (2025)
  • Single-family: 3,230
  • Multi-family: 448
  • U.S. Census Bureau, Building Permits Survey
🚚

Migration Patterns

+6442
net migration (filers, 2021-2022)
  • Inflow: 81,429 (avg $84,754)
  • Outflow: 74,987 (avg $85,225)
  • IRS Statistics of Income

📍 Sub-Market Activity

Top 7 active ZIP codes in Ellis County · Latest: 2025

# ZIP Code HPI YoY Change Latest Year
1 76084 317.6 +2.10% 2025
2 76050 331.0 -2.33% 2025
3 75119 279.7 -2.38% 2025
4 75167 307.2 +3.10% 2025
5 75152 314.3 -0.34% 2025
6 75165 288.2 -1.89% 2025
7 76063 276.8 +1.28% 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 Ellis County Compares

MetricEllis CountyTexas AverageU.S. Average
Median Home Value $348,600 $186,278 $227,706
Median Gross Rent $1,594 $997 $968
Owner Occupancy Rate 75.8% 73.2% 73.3%
Price/Rent Ratio 18.2 15.2 18.7

Market Analysis

The median home value in Ellis County is 87.1% above the Texas state average and 53.1% above the U.S. national average. The median rent of $1,594/month is 59.9% above the state average.

With a price-to-rent ratio of 18.2, the buy-vs-rent decision in Ellis County is balanced. Whether buying or renting makes more sense depends on your time horizon, down payment capacity, and local market conditions.

Ellis County has an owner-occupancy rate of 75.8%, 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
Saratoga County New York $348,600 $1,394
Inyo County California $348,700 $1,189
Laramie County Wyoming $348,700 $1,160
Warren County Virginia $348,400 $1,199
Lincoln County South Dakota $348,300 $1,260

Other Counties in Texas

CountyMedian Home ValueMedian RentOwner Occ.
Montgomery County $346,200 $1,532 71.8%
Burnet County $344,000 $1,319 76.3%
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).