Hansford County, Texas Housing Market

In Hansford County, Texas, the median home value is $124,800, with a median monthly rent of $939. This places Hansford County at #2551 nationally out of 3134 counties by median home value, and #175 within Texas.

Median Home Value $124,800
Median Rent $939/mo
Owner Occupancy 81.2%
Price/Rent Ratio 11.1

📈 Price Trend (2017 → 2024)

ℹ️ FHFA HPI data is not available for this county due to limited mortgage transaction volume.

📍 Economic Snapshot

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Employment & Wages

1,438
jobs (private sector)
  • Avg weekly wage: $1,225
  • Establishments: 203
  • BLS QCEW, 2025
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Migration Patterns

+78
net migration (filers, 2021-2022)
  • Inflow: 1,806 (avg $90,589)
  • Outflow: 1,728 (avg $93,162)
  • IRS Statistics of Income

How Hansford County Compares

MetricHansford CountyTexas AverageU.S. Average
Median Home Value $124,800 $186,278 $227,706
Median Gross Rent $939 $997 $968
Owner Occupancy Rate 81.2% 73.2% 73.3%
Price/Rent Ratio 11.1 15.2 18.7

Market Analysis

The median home value in Hansford County is 33.0% below the Texas state average and 45.2% below the U.S. national average. The median rent of $939/month is 5.8% below the state average.

With a price-to-rent ratio of 11.1, buying a home in Hansford 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.

Hansford County has an owner-occupancy rate of 81.2%, 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
Kay County Oklahoma $124,700 $842
Scott County Tennessee $124,900 $686
Green County Kentucky $125,000 $610
Bracken County Kentucky $125,000 $756
Evangeline Parish Louisiana $124,600 $681

Other Counties in Texas

CountyMedian Home ValueMedian RentOwner Occ.
Lipscomb County $124,300 $876 82.4%
Childress County $125,400 $913 71.0%
Jim Wells County $123,600 $938 68.5%
Schleicher County $122,700 $660 84.3%
Hockley County $127,000 $850 72.2%

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).