Corinth, Texas Real Estate & Housing Market

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Corinth Housing Information

Index	Corinth	Texas	National
Median home price	$191,500	$142,700	$184,700
Median rent asked	$1,128	$911	$949
Avg. people per household	2.7	2.8	2.6
Owner occupied households	82.0%	61.9%	63.6%
Renter occupied households	18.0%	38.1%	36.4%

The above shows an overview of the real estate market in Corinth, TX. Note how the median home price for Corinth, TX runs $191,500, which is 34% higher than the average property price for Texas. So you’re going to get real estate in Corinth, TX that is on-average less affordable than what you’ll find in the rest of Texas. As for rent, the median for Corinth, TX runs $1,128, which is comparatively 24% higher than the average rent for Texas. For Corinth, TX, about 82.0% of the population consist of home owners with about 2.7 people living in each property on average. Whether you’re looking for condos or townhomes that are low-maintenance and affordable or sprawling mansions, Corinth, TX offers a wide variety of real estate. To find your perfect home in Corinth, TX, filter your choice by price, location, and number of beds and baths using the search area above.

Corinth Home Affordability

When deciding where to purchase Corinth, TX real estate, home affordability is one of the top deciding factors. One way that you can calculate the affordability of your next home is to use this formula: median home price to median household income ratio. In Corinth, TX the median home price is $191,500 and $87,167 is the median household income. As a result, the home price to income ratio in Corinth, TX is 2.2x, which is 16% lower than the Texas average. In order to determine the home affordability ratio, you would divide the median home price by the median home income. If you find that in Corinth, TX the home price to income ratio is lower than average, that means that in general, housing is more affordable. While there more than just one factor in deciding home affordability, you can use the home affordability calculator below as an additional tool when deciding how much you can and should pay for real estate in Corinth, TX.

Nearby cities with low home prices

City, State	Population	Home Price	National Avg.
Corral City, TX	14	$0	100%
Lincoln Park, TX	191	$22,300	88%
Bristol, TX	372	$121,300	34%
Aubrey, TX	3,002	$132,800	28%
Ponder, TX	1,623	$147,400	20%
Corinth, TX	20,764	$191,500	4%

Cities with similar population

City, State	Population	Home Price	National Avg.
Sidney, OH	20,761	$109,500	41%
Evans, CO	20,767	$159,300	14%
Ives Estates, FL	20,759	$121,900	34%
Camp Springs, MD	20,770	$254,100	38%
Lino Lakes, MN	20,758	$263,800	43%
Corinth, TX	20,764	$191,500	4%

Source: The Corinth, TX housing data displayed above is derived from the 2016 United States Census Bureau American Community Survey (ACS).