Red River County, Texas Housing Market
In Red River County, Texas, the median home value is $121,500, with a median monthly rent of $1,044. This places Red River County at #2611 nationally out of 3134 counties by median home value, and #180 within Texas.
📈 Price Trend (2017 → 2024)
ℹ️ FHFA HPI data is not available for this county due to limited mortgage transaction volume.
📍 Economic Snapshot
Employment & Wages
- Avg weekly wage: $928
- Establishments: 209
- BLS QCEW, 2025
Housing Supply
- Single-family: 12
- Multi-family: 0
- U.S. Census Bureau, Building Permits Survey
Migration Patterns
- Inflow: 4,600 (avg $49,300)
- Outflow: 4,294 (avg $48,622)
- IRS Statistics of Income
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| Metric | Red River County | Texas Average | U.S. Average |
|---|---|---|---|
| Median Home Value | $121,500 | $186,278 | $227,706 |
| Median Gross Rent | $1,044 | $997 | $968 |
| Owner Occupancy Rate | 71.5% | 73.2% | 73.3% |
| Price/Rent Ratio | 9.7 | 15.2 | 18.7 |
Market Analysis
The median home value in Red River County is 34.8% below the Texas state average and 46.6% below the U.S. national average. The median rent of $1,044/month is 4.7% above the state average.
With a price-to-rent ratio of 9.7, buying a home in Red River 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.
Red River County has an owner-occupancy rate of 71.5%, 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 |
|---|---|---|---|
| Harrison County | Ohio | $121,500 | $785 |
| Pike County | Arkansas | $121,600 | $686 |
| Colquitt County | Georgia | $121,400 | $818 |
| Montgomery County | Iowa | $121,400 | $814 |
| Ohio County | Kentucky | $121,400 | $739 |
Other Counties in Texas
| County | Median Home Value | Median Rent | Owner Occ. |
|---|---|---|---|
| Deaf Smith County | $121,300 | $926 | 66.8% |
| Presidio County | $121,300 | $448 | 77.3% |
| Kent County | $122,200 | $675 | 79.2% |
| Morris County | $120,400 | $859 | 73.9% |
| Schleicher County | $122,700 | $660 | 84.3% |
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).