Harris County, Texas Housing Market

In Harris County, Texas, the median home value is $276,600, with a median monthly rent of $1,401. This places Harris County at #745 nationally out of 3134 counties by median home value, and #39 within Texas.

Median Home Value $276,600
Median Rent $1,401/mo
Owner Occupancy 54.7%
Price/Rent Ratio 16.5

📈 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 Harris County rose +0.6% year-over-year as of 2025. (Source: FHFA)

📍 Economic Snapshot

💼

Employment & Wages

2,173,259
jobs (private sector)
  • Avg weekly wage: $1,784
  • Establishments: 122,294
  • BLS QCEW, 2025
🏗️

Housing Supply

30,909
new units authorized (2025)
  • Single-family: 16,940
  • Multi-family: 13,969
  • U.S. Census Bureau, Building Permits Survey
🚚

Migration Patterns

+10333
net migration (filers, 2021-2022)
  • Inflow: 1,765,964 (avg $98,842)
  • Outflow: 1,755,631 (avg $99,605)
  • IRS Statistics of Income

📍 Sub-Market Activity

Top 10 active ZIP codes in Harris County · Latest: 2025

# ZIP Code HPI YoY Change Latest Year
1 77060 353.4 — 2025
2 77587 305.8 -12.83% 2025
3 77030 307.3 +20.86% 2025
4 77062 222.5 — 2025
5 77070 221.3 — 2025
6 77039 382.5 +4.74% 2025
7 77562 337.5 +18.39% 2025
8 77076 332.6 +5.99% 2025
9 77433 315.3 +2.91% 2025
10 77038 375.6 +7.99% 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.

How Harris County Compares

MetricHarris CountyTexas AverageU.S. Average
Median Home Value $276,600 $186,278 $227,706
Median Gross Rent $1,401 $997 $968
Owner Occupancy Rate 54.7% 73.2% 73.3%
Price/Rent Ratio 16.5 15.2 18.7

Market Analysis

The median home value in Harris County is 48.5% above the Texas state average and 21.5% above the U.S. national average. The median rent of $1,401/month is 40.5% above the state average.

With a price-to-rent ratio of 16.5, the buy-vs-rent decision in Harris County is balanced. Whether buying or renting makes more sense depends on your time horizon, down payment capacity, and local market conditions.

Harris County has an owner-occupancy rate of 54.7%, 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

CountyStateMedian Home ValueMedian Rent
Charlevoix County Michigan $276,800 $949
St. Louis County Missouri $276,800 $1,209
Hernando County Florida $276,000 $1,298
Effingham County Georgia $276,000 $1,147
Boone County Kentucky $277,300 $1,373

Other Counties in Texas

CountyMedian Home ValueMedian RentOwner Occ.
Bandera County $278,400 $1,149 85.9%
Erath County $269,100 $1,146 63.1%
Lee County $267,800 $1,067 77.8%
Johnson County $285,900 $1,398 74.7%
Aransas County $265,400 $1,128 76.8%

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).