Howard County, Texas Housing Market

In Howard County, Texas, the median home value is $155,600, with a median monthly rent of $1,034. This places Howard County at #2128 nationally out of 3134 counties by median home value, and #146 within Texas.

Median Home Value $155,600
Median Rent $1,034/mo
Owner Occupancy 69.5%
Price/Rent Ratio 12.5

📈 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 Howard County rose +5.1% year-over-year as of 2025. (Source: FHFA)

📍 Economic Snapshot

💼

Employment & Wages

8,586
jobs (private sector)
  • Avg weekly wage: $1,274
  • Establishments: 829
  • BLS QCEW, 2025
🏗️

Housing Supply

6
new units authorized (2025)
  • Single-family: 6
  • Multi-family: 0
  • U.S. Census Bureau, Building Permits Survey
🚚

Migration Patterns

+557
net migration (filers, 2021-2022)
  • Inflow: 10,963 (avg $83,261)
  • Outflow: 10,406 (avg $85,520)
  • IRS Statistics of Income

How Howard County Compares

MetricHoward CountyTexas AverageU.S. Average
Median Home Value $155,600 $186,278 $227,706
Median Gross Rent $1,034 $997 $968
Owner Occupancy Rate 69.5% 73.2% 73.3%
Price/Rent Ratio 12.5 15.2 18.7

Market Analysis

The median home value in Howard County is 16.5% below the Texas state average and 31.7% below the U.S. national average. The median rent of $1,034/month is 3.7% above the state average.

With a price-to-rent ratio of 12.5, buying a home in Howard 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.

Howard County has an owner-occupancy rate of 69.5%, 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
Clay County Nebraska $155,600 $645
Gallia County Ohio $155,600 $813
Comanche County Texas $155,600 $855
Washington County Illinois $155,700 $818
Washington Parish Louisiana $155,700 $774

Other Counties in Texas

CountyMedian Home ValueMedian RentOwner Occ.
Comanche County $155,600 $855 80.4%
Sutton County $155,700 $772 76.0%
Tyler County $157,300 $1,049 81.2%
Wichita County $153,700 $1,006 61.4%
Panola County $158,100 $834 79.9%

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).