Lamb County, Texas Housing Market
In Lamb County, Texas, the median home value is $82,400, with a median monthly rent of $968. This places Lamb County at #3071 nationally out of 3134 counties by median home value, and #232 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: $1,083
- Establishments: 362
- BLS QCEW, 2025
Housing Supply
- Single-family: 6
- Multi-family: 0
- U.S. Census Bureau, Building Permits Survey
Migration Patterns
- Inflow: 4,438 (avg $51,349)
- Outflow: 4,261 (avg $51,938)
- IRS Statistics of Income
💰 Ready to Finance a Purchase?
See the 2026 FHA and conforming loan limits for Lamb County, plus monthly payment estimates at today's mortgage rates.
View Mortgage Guide for Lamb County →How Lamb County Compares
| Metric | Lamb County | Texas Average | U.S. Average |
|---|---|---|---|
| Median Home Value | $82,400 | $186,278 | $227,706 |
| Median Gross Rent | $968 | $997 | $968 |
| Owner Occupancy Rate | 74.0% | 73.2% | 73.3% |
| Price/Rent Ratio | 7.1 | 15.2 | 18.7 |
Market Analysis
The median home value in Lamb County is 55.8% below the Texas state average and 63.8% below the U.S. national average. The median rent of $968/month is 2.9% below the state average.
With a price-to-rent ratio of 7.1, buying a home in Lamb 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.
Lamb County has an owner-occupancy rate of 74.0%, 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 |
|---|---|---|---|
| Tallahatchie County | Mississippi | $82,300 | $732 |
| Jefferson County | Oklahoma | $82,500 | $647 |
| Sumter County | Alabama | $82,600 | $775 |
| Webster County | Georgia | $82,600 | $658 |
| Eureka County | Nevada | $82,600 | $969 |
Other Counties in Texas
| County | Median Home Value | Median Rent | Owner Occ. |
|---|---|---|---|
| Kinney County | $82,000 | $1,272 | 83.9% |
| Hardeman County | $81,900 | $684 | 73.9% |
| Brooks County | $81,000 | $719 | 52.8% |
| Crosby County | $80,900 | $684 | 68.8% |
| Culberson County | $79,300 | $1,043 | 70.2% |
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).