Falls County, Texas Housing Market
In Falls County, Texas, the median home value is $110,900, with a median monthly rent of $731. This places Falls County at #2783 nationally out of 3134 counties by median home value, and #192 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: $1,038
- Establishments: 248
- BLS QCEW, 2025
Housing Supply
- Single-family: 4
- Multi-family: 2
- U.S. Census Bureau, Building Permits Survey
Migration Patterns
- Inflow: 5,865 (avg $54,239)
- Outflow: 5,564 (avg $54,250)
- IRS Statistics of Income
📍 Sub-Market Activity
Top 2 active ZIP codes in Falls County · Latest: 2025
| # | ZIP Code | HPI | YoY Change | Latest Year |
|---|---|---|---|---|
| 1 | 76655 | 335.8 | +2.82% | 2025 |
| 2 | 76706 | 323.5 | -2.64% | 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.
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💰 Mortgage Guide → 🧾 Property Tax Data →How Falls County Compares
| Metric | Falls County | Texas Average | U.S. Average |
|---|---|---|---|
| Median Home Value | $110,900 | $186,278 | $227,706 |
| Median Gross Rent | $731 | $997 | $968 |
| Owner Occupancy Rate | 76.5% | 73.2% | 73.3% |
| Price/Rent Ratio | 12.6 | 15.2 | 18.7 |
Market Analysis
The median home value in Falls County is 40.5% below the Texas state average and 51.3% below the U.S. national average. The median rent of $731/month is 26.7% below the state average.
With a price-to-rent ratio of 12.6, buying a home in Falls 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.
Falls County has an owner-occupancy rate of 76.5%, 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 |
|---|---|---|---|
| Issaquena County | Mississippi | $110,800 | $339 |
| Pike County | Mississippi | $110,800 | $919 |
| Hidalgo County | New Mexico | $111,000 | $814 |
| Calhoun County | Arkansas | $110,700 | $769 |
| Wayne County | Illinois | $110,700 | $657 |
Other Counties in Texas
| County | Median Home Value | Median Rent | Owner Occ. |
|---|---|---|---|
| Bee County | $111,300 | $1,065 | 70.8% |
| Stephens County | $110,200 | $846 | 79.2% |
| Runnels County | $109,300 | $847 | 75.0% |
| Real County | $112,500 | $1,188 | 78.1% |
| Upton County | $109,000 | $720 | 77.2% |
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).