Hopkins County, Texas Housing Market

In Hopkins County, Texas, the median home value is $221,100, with a median monthly rent of $1,109. This places Hopkins County at #1178 nationally out of 3134 counties by median home value, and #67 within Texas.

Median Home Value $221,100
Median Rent $1,109/mo
Owner Occupancy 71.1%
Price/Rent Ratio 16.6

📈 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 Hopkins County rose +8.1% year-over-year as of 2025. (Source: FHFA)

📍 Economic Snapshot

💼

Employment & Wages

12,554
jobs (private sector)
  • Avg weekly wage: $1,106
  • Establishments: 908
  • BLS QCEW, 2025
🏗️

Housing Supply

62
new units authorized (2025)
  • Single-family: 62
  • Multi-family: 0
  • U.S. Census Bureau, Building Permits Survey
🚚

Migration Patterns

+879
net migration (filers, 2021-2022)
  • Inflow: 14,312 (avg $70,747)
  • Outflow: 13,433 (avg $70,599)
  • IRS Statistics of Income

📍 Sub-Market Activity

Top 1 active ZIP codes in Hopkins County · Latest: 2025

# ZIP Code HPI YoY Change Latest Year
1 75482 320.5 +6.51% 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 Hopkins County Compares

MetricHopkins CountyTexas AverageU.S. Average
Median Home Value $221,100 $186,278 $227,706
Median Gross Rent $1,109 $997 $968
Owner Occupancy Rate 71.1% 73.2% 73.3%
Price/Rent Ratio 16.6 15.2 18.7

Market Analysis

The median home value in Hopkins County is 18.7% above the Texas state average and 2.9% below the U.S. national average. The median rent of $1,109/month is 11.2% above the state average.

With a price-to-rent ratio of 16.6, the buy-vs-rent decision in Hopkins County is balanced. Whether buying or renting makes more sense depends on your time horizon, down payment capacity, and local market conditions.

Hopkins County has an owner-occupancy rate of 71.1%, 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
Fillmore County Minnesota $221,100 $797
Brown County South Dakota $221,100 $777
Saline County Arkansas $221,200 $1,033
Greene County Missouri $221,300 $989
Waseca County Minnesota $220,800 $883

Other Counties in Texas

CountyMedian Home ValueMedian RentOwner Occ.
Van Zandt County $222,100 $1,066 81.5%
Mills County $223,700 $708 80.3%
Wood County $216,500 $862 80.1%
Jeff Davis County $226,200 $1,241 88.0%
Franklin County $226,300 $936 82.0%

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).