Data through September 2026 · updated 2026-11-07 · free, from Zillow, Realtor.com, the Census Bureau and other public sources
Typical home value$328,128−2.5% YoY · prices are falling
Market right nowBuyer's marketMore homes for sale than last year, 18% have cut their price
Income needed to buy, per year$71,131About 0.9× the local median income ($76,716): affordable for a typical household
Days on market88 daysFaster than a year ago: sellers have the edge
Next 12 months−1.3%Zillow expects prices to dip slightly
The typical home in Bandera County, TX is worth $328,128, down 2.5% from a year ago. That is slightly above what local incomes have historically supported: fair value is about $325,431, so the area is 0.8% overvalued. It is a buyer's market: homes take about 88 days to sell, listings are up 11% from a year ago, 18% of listings have had a price cut. Zillow expects prices to fall about 1.3% over the next year. A household needs about $71,131 a year to afford the typical home here at today's 7.18% mortgage rate (20% down, payment at 30% of income); the median household earns $76,716. Typical rent is $1,217 a month, or $1,565 for a house. In the latest IRS figures, 364 more people moved in than out.
Home value over time
Solid: typical home value · dashed: fair value (household income × the 20-year average price-to-income ratio). Sources: FHFA, Zillow, U.S. Census Bureau.
Prices and affordability
Typical home value
$328,128
Change in 1 year
−2.5%
Overvalued %
+0.8%
Show 7 more
Fair home value
$325,431
Change in 5 years
+2.9%
Zillow forecast, next 12 months
−1.3%
Home value to income
4.3×
Monthly mortgage payment (20% down)
$1,778
Income needed to afford it
$71,131
Property tax rate
0.88%
Rent and investing
Typical rent
$1,217
Typical rent for houses
$1,565
Price-to-rent ratio
22.5×
Show 3 more
HUD Fair Market Rent, 2 bedrooms
$1,441
Gross rental yield
4.45%
Cap rate (estimate)
2.89%
Market activity
Listings vs a year ago
+11.4%
Days on market
88
Listings with a price cut
18.2%
Show 3 more
Homes for sale
284
Pending sales per 100 listings
7
Asking price per sq ft
$223
People and jobs
Median household income
$76,716
Population change (1 year)
+0.4%
Unemployment rate
8.7%
Show 4 more
Population
22,876
Income adjusted for cost of living
$81,010
Net moves in (IRS)
+364
Cost of living (US = 100)
94.7
Schools, risk and environment
School rating (1 to 10)
4.2
FEMA hazard risk score (0 to 100)
66.7
Flood risk score
79.3
Show 3 more
Wildfire risk score
86.7
Walkability (1 to 20)
5.2
Road, rail and air noise
54 dB
Questions people ask
Is Bandera County, TX overvalued?
Home prices in Bandera County, TX are slightly above what local incomes have historically supported: fair value is about $325,431, so the area is 0.8% overvalued.
Is Bandera County, TX a buyer's or seller's market?
Bandera County, TX is a buyer's market: homes take about 88 days to sell, listings are up 11% from a year ago, 18% of listings have had a price cut.
Are home prices going down in Bandera County, TX?
Home values in Bandera County, TX are down 2.5% over the last year. Zillow's forecast for the next 12 months is −1.3%.
How much do you need to earn to buy a home in Bandera County, TX?
A household needs about $71,131 a year to afford the typical home in Bandera County, TX at today's 7.18% mortgage rate (20% down, payment at 30% of income); the median household earns $76,716.