Wheeler County, Texas Housing Market

In Wheeler County, Texas, the median home value is $106,100, with a median monthly rent of $970. This places Wheeler County at #2840 nationally out of 3134 counties by median home value, and #199 within Texas.

Median Home Value $106,100
Median Rent $970/mo
Owner Occupancy 76.2%
Price/Rent Ratio 9.1

📈 Price Trend (2017 → 2024)

ℹ️ FHFA HPI data is not available for this county due to limited mortgage transaction volume.

📍 Economic Snapshot

💼

Employment & Wages

1,154
jobs (private sector)
  • Avg weekly wage: $929
  • Establishments: 167
  • BLS QCEW, 2025
🚚

Migration Patterns

+75
net migration (filers, 2021-2022)
  • Inflow: 1,731 (avg $56,492)
  • Outflow: 1,656 (avg $56,986)
  • IRS Statistics of Income

How Wheeler County Compares

MetricWheeler CountyTexas AverageU.S. Average
Median Home Value $106,100 $186,278 $227,706
Median Gross Rent $970 $997 $968
Owner Occupancy Rate 76.2% 73.2% 73.3%
Price/Rent Ratio 9.1 15.2 18.7

Market Analysis

The median home value in Wheeler County is 43.0% below the Texas state average and 53.4% below the U.S. national average. The median rent of $970/month is 2.7% below the state average.

With a price-to-rent ratio of 9.1, buying a home in Wheeler 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.

Wheeler County has an owner-occupancy rate of 76.2%, compared to 73.2% in Texas and 73.3% nationally. This indicates a more homeowner-heavy market than the U.S. average.

Similar Counties by Home Value

CountyStateMedian Home ValueMedian Rent
Mitchell County Georgia $106,000 $797
Halifax County North Carolina $106,200 $813
Barnwell County South Carolina $106,000 $740
Newton County Mississippi $106,300 $638
Fayette County West Virginia $105,800 $788

Other Counties in Texas

CountyMedian Home ValueMedian RentOwner Occ.
Terry County $105,400 $817 66.5%
Bailey County $105,300 $931 79.9%
Concho County $107,400 $733 80.5%
Frio County $107,700 $1,016 58.9%
Collingsworth County $104,000 $714 73.8%

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).