Fannin County, Texas Housing Market

In Fannin County, Texas, the median home value is $233,700, with a median monthly rent of $1,035. This places Fannin County at #1040 nationally out of 3134 counties by median home value, and #59 within Texas.

Median Home Value $233,700
Median Rent $1,035/mo
Owner Occupancy 78.7%
Price/Rent Ratio 18.8

📈 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 Fannin County rose +0.9% year-over-year as of 2025. (Source: FHFA)

📍 Economic Snapshot

💼

Employment & Wages

6,324
jobs (private sector)
  • Avg weekly wage: $1,013
  • Establishments: 581
  • BLS QCEW, 2025
🏗️

Housing Supply

84
new units authorized (2025)
  • Single-family: 82
  • Multi-family: 2
  • U.S. Census Bureau, Building Permits Survey
🚚

Migration Patterns

+887
net migration (filers, 2021-2022)
  • Inflow: 13,013 (avg $69,148)
  • Outflow: 12,126 (avg $69,575)
  • IRS Statistics of Income

How Fannin County Compares

MetricFannin CountyTexas AverageU.S. Average
Median Home Value $233,700 $186,278 $227,706
Median Gross Rent $1,035 $997 $968
Owner Occupancy Rate 78.7% 73.2% 73.3%
Price/Rent Ratio 18.8 15.2 18.7

Market Analysis

The median home value in Fannin County is 25.5% above the Texas state average and 2.6% above the U.S. national average. The median rent of $1,035/month is 3.8% above the state average.

With a price-to-rent ratio of 18.8, the buy-vs-rent decision in Fannin County is balanced. Whether buying or renting makes more sense depends on your time horizon, down payment capacity, and local market conditions.

Fannin County has an owner-occupancy rate of 78.7%, 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
Erie County New York $233,800 $1,090
Spartanburg County South Carolina $233,300 $1,084
Lincoln County New Mexico $233,200 $956
Page County Virginia $233,200 $879
Giles County Tennessee $234,300 $862

Other Counties in Texas

CountyMedian Home ValueMedian RentOwner Occ.
Grimes County $237,400 $1,069 79.9%
Randall County $238,800 $1,170 67.9%
Lavaca County $228,300 $910 78.3%
Medina County $239,600 $1,196 83.8%
Brewster County $227,000 $839 62.5%

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).