Palo Pinto County, Texas Housing Market
In Palo Pinto County, Texas, the median home value is $198,000, with a median monthly rent of $1,093. This places Palo Pinto County at #1422 nationally out of 3134 counties by median home value, and #87 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: $913
- Establishments: 664
- BLS QCEW, 2025
Housing Supply
- Single-family: 22
- Multi-family: 0
- U.S. Census Bureau, Building Permits Survey
Migration Patterns
- Inflow: 11,233 (avg $72,735)
- Outflow: 10,385 (avg $70,972)
- IRS Statistics of Income
📍 Sub-Market Activity
Top 2 active ZIP codes in Palo Pinto County · Latest: 2025
| # | ZIP Code | HPI | YoY Change | Latest Year |
|---|---|---|---|---|
| 1 | 76450 | 310.2 | +1.46% | 2025 |
| 2 | 76067 | 355.8 | +0.87% | 2025 |
Source: FHFA HPI for Five-Digit ZIP Codes (All-Transactions Index, 2000 = 100).
This product uses FHFA Data but is neither endorsed nor certified by FHFA.
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💰 Mortgage Guide → 🧾 Property Tax Data →How Palo Pinto County Compares
| Metric | Palo Pinto County | Texas Average | U.S. Average |
|---|---|---|---|
| Median Home Value | $198,000 | $186,278 | $227,706 |
| Median Gross Rent | $1,093 | $997 | $968 |
| Owner Occupancy Rate | 71.0% | 73.2% | 73.3% |
| Price/Rent Ratio | 15.1 | 15.2 | 18.7 |
Market Analysis
The median home value in Palo Pinto County is 6.3% above the Texas state average and 13.0% below the U.S. national average. The median rent of $1,093/month is 9.6% above the state average.
With a price-to-rent ratio of 15.1, the buy-vs-rent decision in Palo Pinto County is balanced. Whether buying or renting makes more sense depends on your time horizon, down payment capacity, and local market conditions.
Palo Pinto County has an owner-occupancy rate of 71.0%, 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
| County | State | Median Home Value | Median Rent |
|---|---|---|---|
| Henry County | Kentucky | $197,900 | $895 |
| Muskegon County | Michigan | $198,300 | $1,028 |
| Woodford County | Illinois | $197,600 | $912 |
| Wells County | Indiana | $197,600 | $813 |
| Valley County | Montana | $198,400 | $767 |
Other Counties in Texas
| County | Median Home Value | Median Rent | Owner Occ. |
|---|---|---|---|
| Taylor County | $198,600 | $1,159 | 60.5% |
| Tom Green County | $197,000 | $1,154 | 65.1% |
| Ector County | $200,200 | $1,259 | 64.7% |
| Andrews County | $195,700 | $1,305 | 78.5% |
| Gaines County | $200,700 | $789 | 74.6% |
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).