Washington County, Texas Housing Market

In Washington County, Texas, the median home value is $288,100, with a median monthly rent of $1,165. This places Washington County at #686 nationally out of 3134 counties by median home value, and #36 within Texas.

Median Home Value $288,100
Median Rent $1,165/mo
Owner Occupancy 69.8%
Price/Rent Ratio 20.6

📈 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 Washington County rose +1.9% year-over-year as of 2025. (Source: FHFA)

📍 Economic Snapshot

💼

Employment & Wages

13,529
jobs (private sector)
  • Avg weekly wage: $1,013
  • Establishments: 1,034
  • BLS QCEW, 2025
🏗️

Housing Supply

197
new units authorized (2025)
  • Single-family: 194
  • Multi-family: 3
  • U.S. Census Bureau, Building Permits Survey
🚚

Migration Patterns

+720
net migration (filers, 2021-2022)
  • Inflow: 14,236 (avg $90,607)
  • Outflow: 13,516 (avg $90,209)
  • IRS Statistics of Income

How Washington County Compares

MetricWashington CountyTexas AverageU.S. Average
Median Home Value $288,100 $186,278 $227,706
Median Gross Rent $1,165 $997 $968
Owner Occupancy Rate 69.8% 73.2% 73.3%
Price/Rent Ratio 20.6 15.2 18.7

Market Analysis

The median home value in Washington County is 54.7% above the Texas state average and 26.5% above the U.S. national average. The median rent of $1,165/month is 16.9% above the state average.

With a price-to-rent ratio of 20.6, renting is generally more cost-effective than buying in the short to medium term. The market favors buyers only for long-term holds.

Washington County has an owner-occupancy rate of 69.8%, 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
Cass County Minnesota $288,300 $863
Franklin County Ohio $288,400 $1,302
Miami County Kansas $287,700 $1,107
Scott County Kentucky $288,500 $1,247
Dodge County Minnesota $287,700 $1,020

Other Counties in Texas

CountyMedian Home ValueMedian RentOwner Occ.
Somervell County $289,500 $773 80.0%
Johnson County $285,900 $1,398 74.7%
Mason County $293,600 $800 79.7%
Fayette County $293,900 $988 79.4%
Brazos County $296,000 $1,193 46.8%

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).