Runnels County, Texas Housing Market

In Runnels County, Texas, the median home value is $109,300, with a median monthly rent of $847. This places Runnels County at #2806 nationally out of 3134 counties by median home value, and #194 within Texas.

Median Home Value $109,300
Median Rent $847/mo
Owner Occupancy 75.0%
Price/Rent Ratio 10.8

📈 Price Trend (2017 → 2024)

ℹ️ FHFA HPI data is not available for this county due to limited mortgage transaction volume.

📍 Economic Snapshot

💼

Employment & Wages

2,159
jobs (private sector)
  • Avg weekly wage: $1,063
  • Establishments: 232
  • BLS QCEW, 2025
🏗️

Housing Supply

4
new units authorized (2025)
  • Single-family: 4
  • Multi-family: 0
  • U.S. Census Bureau, Building Permits Survey
🚚

Migration Patterns

+152
net migration (filers, 2021-2022)
  • Inflow: 3,900 (avg $61,974)
  • Outflow: 3,748 (avg $62,406)
  • IRS Statistics of Income

How Runnels County Compares

MetricRunnels CountyTexas AverageU.S. Average
Median Home Value $109,300 $186,278 $227,706
Median Gross Rent $847 $997 $968
Owner Occupancy Rate 75.0% 73.2% 73.3%
Price/Rent Ratio 10.8 15.2 18.7

Market Analysis

The median home value in Runnels County is 41.3% below the Texas state average and 52.0% below the U.S. national average. The median rent of $847/month is 15.0% below the state average.

With a price-to-rent ratio of 10.8, buying a home in Runnels 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.

Runnels County has an owner-occupancy rate of 75.0%, 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
Thomas County Nebraska $109,200 $638
Kimball County Nebraska $109,400 $846
Ware County Georgia $109,500 $789
Iron County Michigan $109,100 $716
Harrison County Missouri $109,500 $703

Other Counties in Texas

CountyMedian Home ValueMedian RentOwner Occ.
Upton County $109,000 $720 77.2%
Menard County $108,500 $729 80.7%
Stephens County $110,200 $846 79.2%
Falls County $110,900 $731 76.5%
Frio County $107,700 $1,016 58.9%

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).