Tom Green County, Texas Housing Market
In Tom Green County, Texas, the median home value is $197,000, with a median monthly rent of $1,154. This places Tom Green County at #1436 nationally out of 3134 counties by median home value, and #88 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: $1,105
- Establishments: 2,903
- BLS QCEW, 2025
Housing Supply
- Single-family: 333
- Multi-family: 2
- U.S. Census Bureau, Building Permits Survey
Migration Patterns
- Inflow: 46,030 (avg $82,121)
- Outflow: 43,591 (avg $83,453)
- IRS Statistics of Income
📍 Sub-Market Activity
Top 2 active ZIP codes in Tom Green County · Latest: 2025
| # | ZIP Code | HPI | YoY Change | Latest Year |
|---|---|---|---|---|
| 1 | 76903 | 372.1 | +9.04% | 2025 |
| 2 | 76905 | 332.3 | -8.35% | 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 Tom Green County Compares
| Metric | Tom Green County | Texas Average | U.S. Average |
|---|---|---|---|
| Median Home Value | $197,000 | $186,278 | $227,706 |
| Median Gross Rent | $1,154 | $997 | $968 |
| Owner Occupancy Rate | 65.1% | 73.2% | 73.3% |
| Price/Rent Ratio | 14.2 | 15.2 | 18.7 |
Market Analysis
The median home value in Tom Green County is 5.8% above the Texas state average and 13.5% below the U.S. national average. The median rent of $1,154/month is 15.7% above the state average.
With a price-to-rent ratio of 14.2, buying a home in Tom Green 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.
Tom Green County has an owner-occupancy rate of 65.1%, 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 |
|---|---|---|---|
| Walker County | Georgia | $197,100 | $940 |
| Randolph County | North Carolina | $197,100 | $887 |
| Sullivan County | Pennsylvania | $197,100 | $775 |
| Taylor County | Wisconsin | $197,100 | $823 |
| Noble County | Indiana | $196,800 | $832 |
Other Counties in Texas
| County | Median Home Value | Median Rent | Owner Occ. |
|---|---|---|---|
| Palo Pinto County | $198,000 | $1,093 | 71.0% |
| Andrews County | $195,700 | $1,305 | 78.5% |
| Taylor County | $198,600 | $1,159 | 60.5% |
| Coryell County | $195,300 | $1,186 | 58.6% |
| Ector County | $200,200 | $1,259 | 64.7% |
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).