Wood County, Texas Housing Market
In Wood County, Texas, the median home value is $216,500, with a median monthly rent of $862. This places Wood County at #1235 nationally out of 3134 counties by median home value, and #68 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: $934
- Establishments: 895
- BLS QCEW, 2025
Housing Supply
- Single-family: 67
- Multi-family: 0
- U.S. Census Bureau, Building Permits Survey
Migration Patterns
- Inflow: 18,344 (avg $72,249)
- Outflow: 16,896 (avg $68,409)
- IRS Statistics of Income
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💰 Mortgage Guide → 🧾 Property Tax Data →How Wood County Compares
| Metric | Wood County | Texas Average | U.S. Average |
|---|---|---|---|
| Median Home Value | $216,500 | $186,278 | $227,706 |
| Median Gross Rent | $862 | $997 | $968 |
| Owner Occupancy Rate | 80.1% | 73.2% | 73.3% |
| Price/Rent Ratio | 20.9 | 15.2 | 18.7 |
Market Analysis
The median home value in Wood County is 16.2% above the Texas state average and 4.9% below the U.S. national average. The median rent of $862/month is 13.5% below the state average.
With a price-to-rent ratio of 20.9, renting is generally more cost-effective than buying in the short to medium term. The market favors buyers only for long-term holds.
Wood County has an owner-occupancy rate of 80.1%, 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
| County | State | Median Home Value | Median Rent |
|---|---|---|---|
| Lamar County | Georgia | $216,500 | $878 |
| Marquette County | Michigan | $216,500 | $949 |
| Lafayette County | Missouri | $216,500 | $928 |
| Big Horn County | Wyoming | $216,500 | $823 |
| Franklin County | Kentucky | $216,600 | $967 |
Other Counties in Texas
| County | Median Home Value | Median Rent | Owner Occ. |
|---|---|---|---|
| Lubbock County | $214,100 | $1,178 | 55.5% |
| Hopkins County | $221,100 | $1,109 | 71.1% |
| Henderson County | $211,300 | $1,048 | 77.8% |
| Van Zandt County | $222,100 | $1,066 | 81.5% |
| Victoria County | $209,900 | $1,157 | 65.3% |
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).