Gregg County, Texas Housing Market
In Gregg County, Texas, the median home value is $203,400, with a median monthly rent of $1,102. This places Gregg County at #1366 nationally out of 3134 counties by median home value, and #80 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: $1,182
- Establishments: 4,139
- BLS QCEW, 2025
Housing Supply
- Single-family: 186
- Multi-family: 8
- U.S. Census Bureau, Building Permits Survey
Migration Patterns
- Inflow: 49,223 (avg $71,660)
- Outflow: 46,768 (avg $72,633)
- IRS Statistics of Income
📍 Sub-Market Activity
Top 7 active ZIP codes in Gregg County · Latest: 2025
| # | ZIP Code | HPI | YoY Change | Latest Year |
|---|---|---|---|---|
| 1 | 75662 | 293.4 | +5.09% | 2025 |
| 2 | 75601 | 241.5 | -3.61% | 2025 |
| 3 | 75693 | 297.4 | +0.87% | 2025 |
| 4 | 75647 | 269.1 | +3.87% | 2025 |
| 5 | 75602 | 255.6 | +3.81% | 2025 |
| 6 | 75604 | 269.6 | +3.22% | 2025 |
| 7 | 75605 | 253.0 | +3.67% | 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 Gregg County Compares
| Metric | Gregg County | Texas Average | U.S. Average |
|---|---|---|---|
| Median Home Value | $203,400 | $186,278 | $227,706 |
| Median Gross Rent | $1,102 | $997 | $968 |
| Owner Occupancy Rate | 60.3% | 73.2% | 73.3% |
| Price/Rent Ratio | 15.4 | 15.2 | 18.7 |
Market Analysis
The median home value in Gregg County is 9.2% above the Texas state average and 10.7% below the U.S. national average. The median rent of $1,102/month is 10.5% above the state average.
With a price-to-rent ratio of 15.4, the buy-vs-rent decision in Gregg County is balanced. Whether buying or renting makes more sense depends on your time horizon, down payment capacity, and local market conditions.
Gregg County has an owner-occupancy rate of 60.3%, 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 |
|---|---|---|---|
| Sedgwick County | Kansas | $203,300 | $998 |
| Cooper County | Missouri | $203,500 | $782 |
| Westmoreland County | Pennsylvania | $203,500 | $879 |
| Stanley County | South Dakota | $203,500 | $952 |
| Logan County | Ohio | $203,200 | $845 |
Other Counties in Texas
| County | Median Home Value | Median Rent | Owner Occ. |
|---|---|---|---|
| Jackson County | $203,900 | $1,065 | 70.8% |
| Irion County | $204,400 | $1,950 | 82.8% |
| Kimble County | $201,300 | $790 | 78.9% |
| Hardin County | $205,700 | $1,049 | 82.3% |
| Hemphill County | $205,700 | $836 | 71.1% |
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).