Lampasas County, Texas Housing Market

In Lampasas County, Texas, the median home value is $250,400, with a median monthly rent of $1,059. This places Lampasas County at #886 nationally out of 3134 counties by median home value, and #46 within Texas.

Median Home Value $250,400
Median Rent $1,059/mo
Owner Occupancy 80.1%
Price/Rent Ratio 19.7

📈 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 Lampasas County rose +6.9% year-over-year as of 2025. (Source: FHFA)

📍 Economic Snapshot

💼

Employment & Wages

4,636
jobs (private sector)
  • Avg weekly wage: $1,015
  • Establishments: 466
  • BLS QCEW, 2025
🏗️

Housing Supply

16
new units authorized (2025)
  • Single-family: 16
  • Multi-family: 0
  • U.S. Census Bureau, Building Permits Survey
🚚

Migration Patterns

+870
net migration (filers, 2021-2022)
  • Inflow: 9,206 (avg $77,910)
  • Outflow: 8,336 (avg $76,999)
  • IRS Statistics of Income

How Lampasas County Compares

MetricLampasas CountyTexas AverageU.S. Average
Median Home Value $250,400 $186,278 $227,706
Median Gross Rent $1,059 $997 $968
Owner Occupancy Rate 80.1% 73.2% 73.3%
Price/Rent Ratio 19.7 15.2 18.7

Market Analysis

The median home value in Lampasas County is 34.4% above the Texas state average and 10.0% above the U.S. national average. The median rent of $1,059/month is 6.2% above the state average.

With a price-to-rent ratio of 19.7, the buy-vs-rent decision in Lampasas County is balanced. Whether buying or renting makes more sense depends on your time horizon, down payment capacity, and local market conditions.

Lampasas County has an owner-occupancy rate of 80.1%, 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
Forsyth County North Carolina $250,400 $1,098
Cumberland County Tennessee $250,500 $839
Green County Wisconsin $250,200 $867
Sioux County Iowa $250,100 $908
Madison County Ohio $250,100 $943

Other Counties in Texas

CountyMedian Home ValueMedian RentOwner Occ.
Jack County $251,200 $960 72.2%
Grayson County $248,400 $1,310 66.8%
Glasscock County $245,200 $648 68.5%
McLennan County $243,600 $1,173 61.8%
Hunt County $241,700 $1,222 71.3%

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).