Nolan County, Texas Housing Market

In Nolan County, Texas, the median home value is $96,300, with a median monthly rent of $913. This places Nolan County at #2970 nationally out of 3134 counties by median home value, and #218 within Texas.

Median Home Value $96,300
Median Rent $913/mo
Owner Occupancy 68.1%
Price/Rent Ratio 8.8

📈 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 Nolan County rose +8.5% year-over-year as of 2025. (Source: FHFA)

📍 Economic Snapshot

💼

Employment & Wages

4,570
jobs (private sector)
  • Avg weekly wage: $1,193
  • Establishments: 364
  • BLS QCEW, 2025
🏗️

Housing Supply

8
new units authorized (2025)
  • Single-family: 8
  • Multi-family: 0
  • U.S. Census Bureau, Building Permits Survey
🚚

Migration Patterns

+281
net migration (filers, 2021-2022)
  • Inflow: 5,308 (avg $61,250)
  • Outflow: 5,027 (avg $61,942)
  • IRS Statistics of Income

How Nolan County Compares

MetricNolan CountyTexas AverageU.S. Average
Median Home Value $96,300 $186,278 $227,706
Median Gross Rent $913 $997 $968
Owner Occupancy Rate 68.1% 73.2% 73.3%
Price/Rent Ratio 8.8 15.2 18.7

Market Analysis

The median home value in Nolan County is 48.3% below the Texas state average and 57.7% below the U.S. national average. The median rent of $913/month is 8.4% below the state average.

With a price-to-rent ratio of 8.8, buying a home in Nolan 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.

Nolan County has an owner-occupancy rate of 68.1%, 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
Prairie County Arkansas $96,400 $625
Scott County Illinois $96,400 $689
Madison Parish Louisiana $96,200 $649
Donley County Texas $96,400 $780
Morton County Kansas $96,100 $632

Other Counties in Texas

CountyMedian Home ValueMedian RentOwner Occ.
Donley County $96,400 $780 74.8%
Jones County $96,500 $866 80.4%
McMullen County $97,100 $758 78.3%
Zapata County $97,100 $617 72.0%
Starr County $95,100 $726 69.5%

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).