Milam County, Texas Housing Market
In Milam County, Texas, the median home value is $189,800, with a median monthly rent of $984. This places Milam County at #1519 nationally out of 3134 counties by median home value, and #96 within Texas.
📈 Price Trend (2017 → 2024)
📊 Recent Market Momentum (FHFA HPI)
FHFA House Price Index — All-Transactions, Annual (2000 = 100) · Latest: 2025
📍 Economic Snapshot
Employment & Wages
- Avg weekly wage: $1,112
- Establishments: 468
- BLS QCEW, 2025
Housing Supply
- Single-family: 63
- Multi-family: 10
- U.S. Census Bureau, Building Permits Survey
Migration Patterns
- Inflow: 9,573 (avg $67,899)
- Outflow: 8,998 (avg $66,995)
- IRS Statistics of Income
💰 Ready to Finance a Purchase?
See the 2026 FHA and conforming loan limits for Milam County, plus monthly payment estimates at today's mortgage rates.
View Mortgage Guide for Milam County →How Milam County Compares
| Metric | Milam County | Texas Average | U.S. Average |
|---|---|---|---|
| Median Home Value | $189,800 | $186,278 | $227,706 |
| Median Gross Rent | $984 | $997 | $968 |
| Owner Occupancy Rate | 76.9% | 73.2% | 73.3% |
| Price/Rent Ratio | 16.1 | 15.2 | 18.7 |
Market Analysis
The median home value in Milam County is 1.9% above the Texas state average and 16.6% below the U.S. national average. The median rent of $984/month is 1.3% below the state average.
With a price-to-rent ratio of 16.1, the buy-vs-rent decision in Milam County is balanced. Whether buying or renting makes more sense depends on your time horizon, down payment capacity, and local market conditions.
Milam County has an owner-occupancy rate of 76.9%, 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 |
|---|---|---|---|
| Pulaski County | Missouri | $189,800 | $1,112 |
| Niagara County | New York | $189,800 | $899 |
| Auglaize County | Ohio | $189,800 | $868 |
| Polk County | Nebraska | $189,900 | $681 |
| Wharton County | Texas | $189,900 | $1,046 |
Other Counties in Texas
| County | Median Home Value | Median Rent | Owner Occ. |
|---|---|---|---|
| Wharton County | $189,900 | $1,046 | 72.3% |
| Webb County | $189,900 | $1,027 | 64.7% |
| Archer County | $189,100 | $770 | 84.5% |
| Burleson County | $191,000 | $1,063 | 81.7% |
| San Patricio County | $192,400 | $1,291 | 66.9% |
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).