Teague, Texas Real Estate & Housing Market

Teague, TX Listings

For Sale For Rent

Find real estate listings

Find rental listings

Teague Housing Information

Index	Teague	Texas	National
Median home price	$75,400	$142,700	$184,700
Median rent asked	$545	$911	$949
Avg. people per household	2.5	2.8	2.6
Owner occupied households	72.2%	61.9%	63.6%
Renter occupied households	27.8%	38.1%	36.4%

The above shows an overview of the real estate market in Teague, TX. Note how the median home price for Teague, TX runs $75,400, which is 47% lower than the average property price for Texas. So you’re going to get real estate in Teague, TX that is on-average more affordable than what you’ll find in the rest of Texas. As for rent, the median for Teague, TX runs $545, which is comparatively 40% lower than the average rent for Texas. For Teague, TX, about 72.2% of the population consist of home owners with about 2.5 people living in each property on average. Whether you’re looking for condos or townhomes that are low-maintenance and affordable or sprawling mansions, Teague, TX offers a wide variety of real estate. To find your perfect home in Teague, TX, filter your choice by price, location, and number of beds and baths using the search area above.

Teague Home Affordability

When deciding where to purchase Teague, 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 Teague, TX the median home price is $75,400 and $44,063 is the median household income. As a result, the home price to income ratio in Teague, TX is 1.7x, which is 34% 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 Teague, 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 Teague, TX.

Nearby cities with low home prices

City, State	Population	Home Price	National Avg.
Kirvin, TX	153	$63,100	66%
Mexia, TX	7,462	$74,000	60%
Buffalo, TX	1,954	$74,100	60%
Groesbeck, TX	4,324	$76,600	59%
Wortham, TX	1,082	$80,200	57%
Teague, TX	3,542	$75,400	59%

Cities with similar population

City, State	Population	Home Price	National Avg.
Loyalhanna, PA	3,542	$117,400	36%
Benson, NC	3,542	$113,700	38%
St. Johns, AZ	3,542	$88,000	52%
Calcutta, OH	3,543	$124,100	33%
Hesston, KS	3,541	$140,100	24%
Teague, TX	3,542	$75,400	59%

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