Grimes County, Texas Housing Market
In Grimes County, Texas, the median home value is $237,400, with a median monthly rent of $1,069. This places Grimes County at #1016 nationally out of 3134 counties by median home value, and #58 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: $1,241
- Establishments: 573
- BLS QCEW, 2025
Housing Supply
- Single-family: 65
- Multi-family: 3
- U.S. Census Bureau, Building Permits Survey
Migration Patterns
- Inflow: 11,392 (avg $73,218)
- Outflow: 10,554 (avg $72,453)
- IRS Statistics of Income
📍 Sub-Market Activity
Top 3 active ZIP codes in Grimes County · Latest: 2025
| # | ZIP Code | HPI | YoY Change | Latest Year |
|---|---|---|---|---|
| 1 | 77356 | 367.0 | +21.88% | 2025 |
| 2 | 77484 | 345.4 | -1.04% | 2025 |
| 3 | 77316 | 294.4 | +2.21% | 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 Grimes County Compares
| Metric | Grimes County | Texas Average | U.S. Average |
|---|---|---|---|
| Median Home Value | $237,400 | $186,278 | $227,706 |
| Median Gross Rent | $1,069 | $997 | $968 |
| Owner Occupancy Rate | 79.9% | 73.2% | 73.3% |
| Price/Rent Ratio | 18.5 | 15.2 | 18.7 |
Market Analysis
The median home value in Grimes County is 27.4% above the Texas state average and 4.3% above the U.S. national average. The median rent of $1,069/month is 7.2% above the state average.
With a price-to-rent ratio of 18.5, the buy-vs-rent decision in Grimes County is balanced. Whether buying or renting makes more sense depends on your time horizon, down payment capacity, and local market conditions.
Grimes County has an owner-occupancy rate of 79.9%, 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 |
|---|---|---|---|
| Rankin County | Mississippi | $237,400 | $1,270 |
| Lake and Peninsula Borough | Alaska | $237,500 | $936 |
| Dubuque County | Iowa | $237,300 | $959 |
| Beltrami County | Minnesota | $237,500 | $1,053 |
| Las Animas County | Colorado | $237,600 | $891 |
Other Counties in Texas
| County | Median Home Value | Median Rent | Owner Occ. |
|---|---|---|---|
| Randall County | $238,800 | $1,170 | 67.9% |
| Medina County | $239,600 | $1,196 | 83.8% |
| Cooke County | $240,400 | $1,047 | 71.8% |
| Caldwell County | $240,500 | $1,173 | 75.3% |
| Smith County | $240,700 | $1,238 | 68.8% |
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).