The Highest Home Values in Texas
In a market this hot, which county is the hottest?
The Highest Home Values in Texas
In a market this hot, which county is the hottest?
Being that Texas is as large as it is, the lone star state’s home values can vary vastly across the market. According to PopStats data, the average Texas home value in January 2021 was $280,816. Some counties blow that number out of the water. Let’s take a closer look at the top 10 counties with the highest home values.
All numbers and figures used were created using STI: PopStats™ data. Contact us to learn about the thousands of other variables we update quarterly.
Top 10 Counties With the Highest Home Values
10. Bexar County (Primarily San Antonio)
Population: 2,063,682
2021 Average Home Value: $248,578
2020 Average Home Value: $238,003
Average Household Income: $82,607
San Antonio is the major city for Bexar County and sits at number 10 on our list for home values. The counties that are listed higher are counties of the 3 other major cities of Texas, and the counties that make up their suburbs. San Antonio just so happens to also rank number 10 in Texas counties for average household income.
9. Harris County (Primarily Houston)
Population: 4,720,553
2021 Average Home Value: $294,658
2020 Average Home Value: $285,051
Average Household Income: $96,504
Harris County is a massive county in that it encompasses all of Houston (the 4th most populous city in the United States) as well as a few of Houston’s suburbs including Katy, Baytown, Friendswood, etc. The size of Harris County attributes to its status as the most populated county in the state, as well as the 3rd most populated county in all of the United States.
8. Dallas County (Primarily Dallas)
Population: 2,617,867
2021 Average Home Value: $344,135
2020 Average Home Value: $332,705
Average Household Income: $94,526
Dallas County is self-explanatory in its name. Although Dallas ranks in the top 10 of Texas counties in home values, its suburbs dominate several rankings in this category.
7. Tarrant County (Primarily Fort Worth)
Population: 2,111,344
2021 Average Home Value: $300,664
2020 Average Home Value: $289,162
Average Household Income: $96,056
People living in Dallas County (more specifically Dallas) may be living there for the amenities that larger cities offer like job opportunities, nightlife, entertainment, etc. Within the same metro, although smaller and not as vast, is another large city that offers similar amenities – Fort Worth. Ranking 7 in our list, people living in Tarrant county can experience similar amenities, as well as higher home values and better household incomes.
6. Montgomery County (Houston Suburb)
Population: 630,248
2021 Average Home Value: $338,042
2020 Average Home Value: $327,020
Average Household Income: $117,377
Our first suburb on the list and it’s one that sits right outside of the massive city that is Houston, Texas. This county is bliss suburbia in that it enjoys having close access to city amenities like incomes, jobs, and entertainment, while also maintaining a healthy housing market.
5. Fort Bend County (Houston Suburb)
Population: 839,981
2021 Average Home Value: $339,863
2020 Average Home Value: $328,781
Average Household Income: $127,003
Another Houston suburb making the list, but this time in the southwestern part of the Houston metro. Fort Bend County only offers slightly higher home values than Montgomery County but boasts a significant higher population.
4. Williamson County (Austin Suburb)
Population: 635,242
2021 Average Home Value: $390,100
2020 Average Home Value: $365,462
Average Household Income: $110,183
Our first mention of Austin on this list and it’s one of the suburb counties. This county’s home values are rising even faster than Austin’s! But only barely. With a 1 year change of 6.7416% increase over last year, Williamson County is doubling the national average in rising home values.
So far, we have mentioned most of the major counties in Texas and a few of their suburbs. With only 3 left in our top 10, keep reading to find out which counties have the highest home values in the state of Texas.
3. Denton County (Dallas Suburb)
Population: 924,022
2021 Average Home Value: $396,122
2020 Average Home Value: $382,967
Average Household Income: $117,656
Our first Dallas suburb hitting the list enjoying similar benefits as Houston’s suburbs. With an average drive time of 45 minutes to get to downtown Dallas, living in Denton is very advantageous for a variety of different households.
2. Collin County (Dallas Suburb)
Population: 1,072,393
2021 Average Home Value: $437,460
2020 Average Home Value: $422,931
Average Household Income: $117,656
2 of the 3 counties in Texas with the highest home values are both Dallas suburbs. It makes sense with how the DFW metropolitan area offers numerous job and travel options to many industries.
The Texas county with the highest home values is:
1. Travis County (Primarily Austin)
Population: 1,329,463
2021 Average Home Value: $536,117
2020 Average Home Value: $502,257
Average Household Income: $116,445
Out of every county in Texas, Travis County has the highest home values out of all of them! They aren’t just the highest, they’re all growing at an exceptional rate. The Travis County market is growing 78% faster than the national average. Many factors are contributing to this like a booming tech industry, a large number of entertainment jobs, and they are consistently making it on our annual top growth markets report.
Travis is the only major county to beat its metro counties, and it beats them in both home values and income. Travis County is the county to look at in Texas for growth and innovation.