The median home value in Rankin, TX is $98,962. This is lower than the county median home value of $102,862. The national median home value is $308,980. The average price of homes sold in Rankin, TX is $98,962. Approximately 59% of Rankin homes are owned, compared to 23% rented, while 17% are vacant. Rankin real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you're interested in, contact a Rankin real estate agent to arrange a tour today! Learn more about Rankin Real Estate.