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Rhome, TX

Full City Profile · Texas · Wise County County

3.4 /5.0
B Good
2,006 Population 437/sq mi density
$90,969 Median Income $34,329 per capita
$239,100 Home Value $272,621 Zillow
$983 Median Rent 24.0% income on rent
65°F Avg Temperature 330 sunny days/yr
708 Violent Crime/100K 2,832 property/100K
B
Overall
3.4 / 5.0
Good overall score based on economy, affordability, safety and education
A+
Economy
4.8 / 5.0
$90,969 median income, 2.4% unemployment
A+
Affordability
5.0 / 5.0
$239,100 home value, $983/mo rent
F
Safety
1.0 / 5.0
708 violent crimes/100K (86% above avg)
C+
Education
2.6 / 5.0
20.2% bachelor's degree or higher

Housing Overview

Median Home Value
$239,100
15% below
US avg: $281,900
Median Rent
$983/mo
15% below
US avg: $1,163/mo
Homeownership Rate
85.2%
30% above US avg (65.4%)
Total Housing Units
625
Median year built: 1998

Home Value by Source

Census Median
$239,100
Zillow (ZHVI)
$272,621
Median Sale Price
$409,000
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

85.2%
Owner-Occupied
14.8%
Renter-Occupied
85%
15%
US avg: 65.4% owner-occupied

Fair Market Rents (HUD FY2026)

Studio
$887/mo
1 Bedroom
$935/mo
2 Bedroom
$1,149/mo
3 Bedroom
$1,497/mo
4 Bedroom
$1,733/mo
Census median rent: $983/mo

Market Indicators (Redfin)

Median Days on Market
117 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
1
Price Drops
60.0%
of listings with price reduction
Price Per Sq Ft
$174
Active Inventory
5
homes for sale

Affordability & Housing Stock

Rent Burden
24.0%
of renters spending 30%+ of income on housing
23% below US avg (31.0%)
Median Year Built
1998
Average age of housing stock: 28 years
Homeownership Rate
85.2%

Complete Housing Data

Home Values

Census Median Value$239,100
Zillow Home Value (ZHVI)$272,621
Median Sale Price$409,000
Price Per Sq Ft$174

Rent

Census Median Rent$983
FMR Studio$887
FMR 1-Bedroom$935
FMR 2-Bedroom$1,149
FMR 3-Bedroom$1,497
FMR 4-Bedroom$1,733

Market

Days on Market117
Sale-to-List Ratio1.0%
Price Drops60.0%
Homes Sold1
Active Inventory5
Price Per Sq Ft$174

Ownership & Stock

Owner-Occupied85.2%
Renter-Occupied14.8%
Homeownership Rate85.2%
Total Housing Units625
Median Year Built1998
Rent Burden24.0%