Waller County, Texas Housing Market
In Waller County, Texas, the median home value is $318,700, with a median monthly rent of $1,169. This places Waller County at #535 nationally out of 3134 counties by median home value, and #22 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: $1,264
- Establishments: 1,124
- BLS QCEW, 2025
Housing Supply
- Single-family: 339
- Multi-family: 0
- U.S. Census Bureau, Building Permits Survey
Migration Patterns
- Inflow: 20,343 (avg $90,004)
- Outflow: 18,773 (avg $89,872)
- IRS Statistics of Income
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💰 Mortgage Guide → 🧾 Property Tax Data →How Waller County Compares
| Metric | Waller County | Texas Average | U.S. Average |
|---|---|---|---|
| Median Home Value | $318,700 | $186,278 | $227,706 |
| Median Gross Rent | $1,169 | $997 | $968 |
| Owner Occupancy Rate | 72.0% | 73.2% | 73.3% |
| Price/Rent Ratio | 22.7 | 15.2 | 18.7 |
Market Analysis
The median home value in Waller County is 71.1% above the Texas state average and 40.0% above the U.S. national average. The median rent of $1,169/month is 17.3% above the state average.
With a price-to-rent ratio of 22.7, renting is generally more cost-effective than buying in the short to medium term. The market favors buyers only for long-term holds.
Waller County has an owner-occupancy rate of 72.0%, 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 |
|---|---|---|---|
| Lake County | Florida | $318,400 | $1,586 |
| Garfield County | Utah | $318,100 | $817 |
| Will County | Illinois | $319,600 | $1,462 |
| Pima County | Arizona | $319,700 | $1,212 |
| Naugatuck Valley Planning Region | Connecticut | $317,700 | $1,330 |
Other Counties in Texas
| County | Median Home Value | Median Rent | Owner Occ. |
|---|---|---|---|
| Kaufman County | $320,900 | $1,554 | 78.1% |
| Kerr County | $321,200 | $1,109 | 70.1% |
| Wilson County | $321,300 | $1,069 | 84.7% |
| Bastrop County | $314,800 | $1,410 | 76.5% |
| Galveston County | $314,600 | $1,404 | 67.6% |
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).