Reeves County, Texas Housing Market
In Reeves County, Texas, the median home value is $118,000, with a median monthly rent of $981. This places Reeves County at #2673 nationally out of 3134 counties by median home value, and #186 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: $1,615
- Establishments: 426
- BLS QCEW, 2025
Housing Supply
- Single-family: 26
- Multi-family: 15
- U.S. Census Bureau, Building Permits Survey
Migration Patterns
- Inflow: 4,491 (avg $78,711)
- Outflow: 4,184 (avg $80,104)
- IRS Statistics of Income
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| Metric | Reeves County | Texas Average | U.S. Average |
|---|---|---|---|
| Median Home Value | $118,000 | $186,278 | $227,706 |
| Median Gross Rent | $981 | $997 | $968 |
| Owner Occupancy Rate | 73.7% | 73.2% | 73.3% |
| Price/Rent Ratio | 10.0 | 15.2 | 18.7 |
Market Analysis
The median home value in Reeves County is 36.7% below the Texas state average and 48.2% below the U.S. national average. The median rent of $981/month is 1.6% below the state average.
With a price-to-rent ratio of 10.0, buying a home in Reeves 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.
Reeves County has an owner-occupancy rate of 73.7%, 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
| County | State | Median Home Value | Median Rent |
|---|---|---|---|
| Dodge County | Georgia | $118,100 | $723 |
| Logan County | Kansas | $117,900 | $840 |
| Brown County | Kansas | $118,100 | $646 |
| Clarke County | Mississippi | $118,100 | $801 |
| Coke County | Texas | $117,900 | $729 |
Other Counties in Texas
| County | Median Home Value | Median Rent | Owner Occ. |
|---|---|---|---|
| Coke County | $117,900 | $729 | 71.1% |
| Hutchinson County | $119,100 | $932 | 83.3% |
| Hale County | $116,500 | $836 | 60.5% |
| Trinity County | $119,500 | $856 | 79.4% |
| Morris County | $120,400 | $859 | 73.9% |
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).