Housing in Texas

The median home cost in Texas is $195,000. Home appreciation the last 10 years has been 47.2%. Home Appreciation in Texas is up 6.7%. Browse Texas Real Estate

Average Age of Homes

- The median age of Texas real estate is 28 years old

The Rental Market in Texas

- Renters make up 33.0% of the Texas population
- 2.8% of houses and apartments in Texas, are available to rent

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DID YOU KNOW

Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.

HOUSING	Texas, Texas	United States
Median Home Age	31	40
Median Home Cost	$195,000	$231,200
Home Appr. Last 12 months	6.7%	6.7%
Home Appr. Last 5 yrs.	43.6%	35.6%
Home Appr. Last 10 yrs.	47.2%	27.4%
Property Tax Rate	$18.32	$11.78
Property Taxes Paid	$3,572	$2,724
Homes Owned	55.1%	56.0%
Housing Vacant	11.1%	12.2%
Homes Rented	33.7%	31.8%
AVERAGE RENT FOR HOME OR APARTMENT
Average Rent	$1,486	$1,470
Studio Apartment	$738	$821
1 Bedroom Home or Apartment	$841	$930
2 Bedroom Home or Apartment	$1,036	$1,148
3 Bedroom Home or Apartment	$1,391	$1,537
4 Bedroom Home or Apartment	$1,721	$1,791
VACANT HOUSING
Vacant For Rent	2.8%	2.1%
Vacant Rented	0.5%	0.5%
Vacant For Sale	0.9%	1.0%
Vacant Sold	0.5%	0.5%
Vacant Vacation	2.3%	4.0%
Vacant Other	4.1%	4.2%
VALUE OF OWNER-OCCUPIED HOUSING
Less Than $20,000	3.5%	3.5%
$20,000 to $39,999	4.4%	3.1%
$40,000 to $59,999	5.9%	3.9%
$60,000 to $79,999	7.8%	5.4%
$80,000 to $99,999	9.1%	6.3%
$100,000 to $149,999	18.7%	14.7%
$150,000 to $199,999	16.0%	14.6%
$200,000 to $299,999	16.7%	18.7%
$300,000 to $399,999	8.1%	11.0%
$400,000 to $499,999	3.8%	6.2%
$500,000 to $749,999	3.5%	7.0%
$750,000 to $999,999	1.2%	2.7%
$1,000,000 to $1,499,999	0.7%	1.5%
$1,500,000 to $1,999,999	0.3%	0.5%
$2,000,000 and over	0.4%	0.7%