Wichita County, Texas Housing Market

In Wichita County, Texas, the median home value is $153,700, with a median monthly rent of $1,006. This places Wichita County at #2170 nationally out of 3134 counties by median home value, and #148 within Texas.

Median Home Value $153,700
Median Rent $1,006/mo
Owner Occupancy 61.4%
Price/Rent Ratio 12.7

📈 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 Wichita County rose +4.0% year-over-year as of 2025. (Source: FHFA)

📍 Economic Snapshot

💼

Employment & Wages

42,154
jobs (private sector)
  • Avg weekly wage: $1,024
  • Establishments: 3,109
  • BLS QCEW, 2025
🏗️

Housing Supply

131
new units authorized (2025)
  • Single-family: 117
  • Multi-family: 14
  • U.S. Census Bureau, Building Permits Survey
🚚

Migration Patterns

+3357
net migration (filers, 2021-2022)
  • Inflow: 48,851 (avg $67,817)
  • Outflow: 45,494 (avg $71,367)
  • IRS Statistics of Income

📍 Sub-Market Activity

Top 5 active ZIP codes in Wichita County · Latest: 2025

# ZIP Code HPI YoY Change Latest Year
1 76367 297.1 +6.68% 2025
2 76301 224.7 +11.36% 2025
3 76306 275.0 +5.63% 2025
4 76354 251.9 +1.54% 2025
5 76309 234.8 +8.01% 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 Wichita County Compares

MetricWichita CountyTexas AverageU.S. Average
Median Home Value $153,700 $186,278 $227,706
Median Gross Rent $1,006 $997 $968
Owner Occupancy Rate 61.4% 73.2% 73.3%
Price/Rent Ratio 12.7 15.2 18.7

Market Analysis

The median home value in Wichita County is 17.5% below the Texas state average and 32.5% below the U.S. national average. The median rent of $1,006/month is 0.9% above the state average.

With a price-to-rent ratio of 12.7, buying a home in Wichita 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.

Wichita County has an owner-occupancy rate of 61.4%, 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
Crawford County Iowa $153,700 $743
Hardee County Florida $153,600 $962
Webster County Iowa $153,800 $785
Yazoo County Mississippi $153,800 $790
Benton County Tennessee $153,600 $768

Other Counties in Texas

CountyMedian Home ValueMedian RentOwner Occ.
Sabine County $153,100 $844 85.7%
Moore County $152,600 $939 62.5%
Howard County $155,600 $1,034 69.5%
Comanche County $155,600 $855 80.4%
Sutton County $155,700 $772 76.0%

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).