Wharton County, Texas Housing Market

In Wharton County, Texas, the median home value is $189,900, with a median monthly rent of $1,046. This places Wharton County at #1514 nationally out of 3134 counties by median home value, and #94 within Texas.

Median Home Value $189,900
Median Rent $1,046/mo
Owner Occupancy 72.3%
Price/Rent Ratio 15.1

📈 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 Wharton County rose +4.2% year-over-year as of 2025. (Source: FHFA)

📍 Economic Snapshot

💼

Employment & Wages

13,466
jobs (private sector)
  • Avg weekly wage: $1,053
  • Establishments: 1,082
  • BLS QCEW, 2025
🏗️

Housing Supply

116
new units authorized (2025)
  • Single-family: 116
  • Multi-family: 0
  • U.S. Census Bureau, Building Permits Survey
🚚

Migration Patterns

+404
net migration (filers, 2021-2022)
  • Inflow: 16,752 (avg $69,637)
  • Outflow: 16,348 (avg $69,794)
  • IRS Statistics of Income

📍 Sub-Market Activity

Top 1 active ZIP codes in Wharton County · Latest: 2025

# ZIP Code HPI YoY Change Latest Year
1 77437 299.7 +8.99% 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 Wharton County Compares

MetricWharton CountyTexas AverageU.S. Average
Median Home Value $189,900 $186,278 $227,706
Median Gross Rent $1,046 $997 $968
Owner Occupancy Rate 72.3% 73.2% 73.3%
Price/Rent Ratio 15.1 15.2 18.7

Market Analysis

The median home value in Wharton County is 1.9% above the Texas state average and 16.6% below the U.S. national average. The median rent of $1,046/month is 4.9% above the state average.

With a price-to-rent ratio of 15.1, the buy-vs-rent decision in Wharton County is balanced. Whether buying or renting makes more sense depends on your time horizon, down payment capacity, and local market conditions.

Wharton County has an owner-occupancy rate of 72.3%, 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
Polk County Nebraska $189,900 $681
Webb County Texas $189,900 $1,027
Pulaski County Missouri $189,800 $1,112
Niagara County New York $189,800 $899
Auglaize County Ohio $189,800 $868

Other Counties in Texas

CountyMedian Home ValueMedian RentOwner Occ.
Webb County $189,900 $1,027 64.7%
Milam County $189,800 $984 76.9%
Archer County $189,100 $770 84.5%
Burleson County $191,000 $1,063 81.7%
San Patricio County $192,400 $1,291 66.9%

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).