Parker County, Texas Housing Market

In Parker County, Texas, the median home value is $375,900, with a median monthly rent of $1,500. This places Parker County at #351 nationally out of 3134 counties by median home value, and #11 within Texas.

Median Home Value $375,900
Median Rent $1,500/mo
Owner Occupancy 80.7%
Price/Rent Ratio 20.9

📈 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 Parker County rose +0.3% year-over-year as of 2025. (Source: FHFA)

📍 Economic Snapshot

💼

Employment & Wages

35,973
jobs (private sector)
  • Avg weekly wage: $1,142
  • Establishments: 3,737
  • BLS QCEW, 2025
🏗️

Housing Supply

342
new units authorized (2025)
  • Single-family: 312
  • Multi-family: 30
  • U.S. Census Bureau, Building Permits Survey
🚚

Migration Patterns

+6165
net migration (filers, 2021-2022)
  • Inflow: 63,948 (avg $115,800)
  • Outflow: 57,783 (avg $115,924)
  • IRS Statistics of Income

📍 Sub-Market Activity

Top 8 active ZIP codes in Parker County · Latest: 2025

# ZIP Code HPI YoY Change Latest Year
1 76085 323.7 -2.61% 2025
2 76086 315.9 -4.09% 2025
3 76088 349.4 -0.55% 2025
4 76020 319.0 -1.92% 2025
5 76126 309.0 +1.68% 2025
6 76082 312.7 -1.36% 2025
7 76008 261.5 +2.50% 2025
8 76108 323.1 +0.75% 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.

How Parker County Compares

MetricParker CountyTexas AverageU.S. Average
Median Home Value $375,900 $186,278 $227,706
Median Gross Rent $1,500 $997 $968
Owner Occupancy Rate 80.7% 73.2% 73.3%
Price/Rent Ratio 20.9 15.2 18.7

Market Analysis

The median home value in Parker County is 101.8% above the Texas state average and 65.1% above the U.S. national average. The median rent of $1,500/month is 50.5% above the state average.

With a price-to-rent ratio of 20.9, renting is generally more cost-effective than buying in the short to medium term. The market favors buyers only for long-term holds.

Parker County has an owner-occupancy rate of 80.7%, 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
Boone County Indiana $376,200 $1,359
Sublette County Wyoming $376,200 $1,209
Linn County Oregon $376,400 $1,320
Adams County Idaho $376,500 $830
Belknap County New Hampshire $374,900 $1,167

Other Counties in Texas

CountyMedian Home ValueMedian RentOwner Occ.
Fort Bend County $374,500 $1,807 77.0%
Llano County $356,500 $998 76.5%
Hays County $399,800 $1,495 64.1%
Ellis County $348,600 $1,594 75.8%
Montgomery County $346,200 $1,532 71.8%

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).