Gaines County, Texas Housing Market
In Gaines County, Texas, the median home value is $200,700, with a median monthly rent of $789. This places Gaines County at #1394 nationally out of 3134 counties by median home value, and #83 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: $1,313
- Establishments: 626
- BLS QCEW, 2025
Housing Supply
- Single-family: 19
- Multi-family: 0
- U.S. Census Bureau, Building Permits Survey
Migration Patterns
- Inflow: 7,099 (avg $68,726)
- Outflow: 6,825 (avg $69,194)
- IRS Statistics of Income
📍 Sub-Market Activity
Top 2 active ZIP codes in Gaines County · Latest: 2025
| # | ZIP Code | HPI | YoY Change | Latest Year |
|---|---|---|---|---|
| 1 | 79323 | 419.0 | — | 2025 |
| 2 | 79360 | 366.1 | +2.96% | 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 Gaines County Compares
| Metric | Gaines County | Texas Average | U.S. Average |
|---|---|---|---|
| Median Home Value | $200,700 | $186,278 | $227,706 |
| Median Gross Rent | $789 | $997 | $968 |
| Owner Occupancy Rate | 74.6% | 73.2% | 73.3% |
| Price/Rent Ratio | 21.2 | 15.2 | 18.7 |
Market Analysis
The median home value in Gaines County is 7.7% above the Texas state average and 11.9% below the U.S. national average. The median rent of $789/month is 20.9% below the state average.
With a price-to-rent ratio of 21.2, renting is generally more cost-effective than buying in the short to medium term. The market favors buyers only for long-term holds.
Gaines County has an owner-occupancy rate of 74.6%, 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 |
|---|---|---|---|
| Lyon County | Minnesota | $200,700 | $781 |
| Traill County | North Dakota | $200,700 | $717 |
| Lamar County | Texas | $200,700 | $949 |
| Grant County | Wisconsin | $200,700 | $813 |
| Adams County | Wisconsin | $200,800 | $828 |
Other Counties in Texas
| County | Median Home Value | Median Rent | Owner Occ. |
|---|---|---|---|
| Lamar County | $200,700 | $949 | 66.1% |
| Bosque County | $200,900 | $928 | 75.8% |
| Ector County | $200,200 | $1,259 | 64.7% |
| Kimble County | $201,300 | $790 | 78.9% |
| Taylor County | $198,600 | $1,159 | 60.5% |
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).