Val Verde County, Texas Housing Market

In Val Verde County, Texas, the median home value is $164,600, with a median monthly rent of $994. This places Val Verde County at #1912 nationally out of 3134 counties by median home value, and #132 within Texas.

Median Home Value $164,600
Median Rent $994/mo
Owner Occupancy 69.1%
Price/Rent Ratio 13.8

📈 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 Val Verde County rose +0.1% year-over-year as of 2025. (Source: FHFA)

📍 Economic Snapshot

💼

Employment & Wages

13,051
jobs (private sector)
  • Avg weekly wage: $788
  • Establishments: 803
  • BLS QCEW, 2025
🏗️

Housing Supply

73
new units authorized (2025)
  • Single-family: 73
  • Multi-family: 0
  • U.S. Census Bureau, Building Permits Survey
🚚

Migration Patterns

+1286
net migration (filers, 2021-2022)
  • Inflow: 19,153 (avg $54,310)
  • Outflow: 17,867 (avg $53,618)
  • IRS Statistics of Income

📍 Sub-Market Activity

Top 1 active ZIP codes in Val Verde County · Latest: 2025

# ZIP Code HPI YoY Change Latest Year
1 78840 239.7 -0.45% 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 Val Verde County Compares

MetricVal Verde CountyTexas AverageU.S. Average
Median Home Value $164,600 $186,278 $227,706
Median Gross Rent $994 $997 $968
Owner Occupancy Rate 69.1% 73.2% 73.3%
Price/Rent Ratio 13.8 15.2 18.7

Market Analysis

The median home value in Val Verde County is 11.6% below the Texas state average and 27.7% below the U.S. national average. The median rent of $994/month is about equal to the state average.

With a price-to-rent ratio of 13.8, buying a home in Val Verde 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.

Val Verde County has an owner-occupancy rate of 69.1%, 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

CountyStateMedian Home ValueMedian Rent
Grayson County Kentucky $164,600 $658
Winnebago County Illinois $164,500 $1,021
Iberia Parish Louisiana $164,500 $897
Marshall County Minnesota $164,500 $690
Tyrrell County North Carolina $164,500 $644

Other Counties in Texas

CountyMedian Home ValueMedian RentOwner Occ.
Delta County $164,300 $945 82.8%
Houston County $164,900 $887 70.6%
Limestone County $164,200 $905 72.1%
Angelina County $163,500 $1,076 64.0%
Pecos County $165,700 $918 72.0%

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).