Erath County, Texas Housing Market
In Erath County, Texas, the median home value is $269,100, with a median monthly rent of $1,146. This places Erath County at #786 nationally out of 3134 counties by median home value, and #40 within Texas.
📈 Price Trend (2017 → 2024)
📊 Recent Market Momentum (FHFA HPI)
FHFA House Price Index — All-Transactions, Annual (2000 = 100) · Latest: 2025
📍 Economic Snapshot
Employment & Wages
- Avg weekly wage: $983
- Establishments: 1,223
- BLS QCEW, 2025
Housing Supply
- Single-family: 16
- Multi-family: 20
- U.S. Census Bureau, Building Permits Survey
Migration Patterns
- Inflow: 14,571 (avg $77,146)
- Outflow: 13,428 (avg $76,245)
- IRS Statistics of Income
📍 Sub-Market Activity
Top 1 active ZIP codes in Erath County · Latest: 2025
| # | ZIP Code | HPI | YoY Change | Latest Year |
|---|---|---|---|---|
| 1 | 76401 | 350.4 | +6.16% | 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.
🔗 Explore Erath County on Our Sister Sites
Get the complete picture for Erath County — financing options and ongoing ownership costs.
💰 Mortgage Guide → 🧾 Property Tax Data →How Erath County Compares
| Metric | Erath County | Texas Average | U.S. Average |
|---|---|---|---|
| Median Home Value | $269,100 | $186,278 | $227,706 |
| Median Gross Rent | $1,146 | $997 | $968 |
| Owner Occupancy Rate | 63.1% | 73.2% | 73.3% |
| Price/Rent Ratio | 19.6 | 15.2 | 18.7 |
Market Analysis
The median home value in Erath County is 44.5% above the Texas state average and 18.2% above the U.S. national average. The median rent of $1,146/month is 14.9% above the state average.
With a price-to-rent ratio of 19.6, the buy-vs-rent decision in Erath County is balanced. Whether buying or renting makes more sense depends on your time horizon, down payment capacity, and local market conditions.
Erath County has an owner-occupancy rate of 63.1%, 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
| County | State | Median Home Value | Median Rent |
|---|---|---|---|
| Brown County | Indiana | $269,100 | $895 |
| Gila County | Arizona | $269,400 | $1,030 |
| Fremont County | Wyoming | $268,800 | $898 |
| Sullivan County | New Hampshire | $268,700 | $1,211 |
| Warren County | Iowa | $269,600 | $973 |
Other Counties in Texas
| County | Median Home Value | Median Rent | Owner Occ. |
|---|---|---|---|
| Lee County | $267,800 | $1,067 | 77.8% |
| Aransas County | $265,400 | $1,128 | 76.8% |
| Hartley County | $262,500 | $1,028 | 74.4% |
| Bexar County | $262,200 | $1,354 | 58.8% |
| Harris County | $276,600 | $1,401 | 54.7% |
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).