Data through September 2026 · updated 2026-11-07 · free, from Zillow, Realtor.com, the Census Bureau and other public sources
Typical home value$318,246−0.8% YoY · prices are falling
Market right nowBalanced, leaning buyersFewer homes for sale than last year, 19% have cut their price
Income needed to buy, per year$68,989About 0.9× the local median income ($77,501): affordable for a typical household
Days on market88 daysSlower than a year ago: buyers have time to negotiate
The typical home in Cooke County, TX is worth $318,246, down 0.8% from a year ago. That is well above what local incomes have historically supported: fair value is about $284,949, so the area is 11.7% overvalued. It is a balanced market, leaning toward buyers: homes take about 88 days to sell, listings are down 12% from a year ago, 19% of listings have had a price cut. A household needs about $68,989 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 $77,501. Typical rent is $1,568 a month. In the latest IRS figures, 330 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
$318,246
Change in 1 year
−0.8%
Overvalued %
+11.7%
Show 6 more
Fair home value
$284,949
Change in 5 years
+14.6%
Home value to income
4.1×
Monthly mortgage payment (20% down)
$1,725
Income needed to afford it
$68,989
Property tax rate
1.19%
Rent and investing
Typical rent
$1,568
Price-to-rent ratio
16.9×
HUD Fair Market Rent, 2 bedrooms
$1,314
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Gross rental yield
5.91%
Cap rate (estimate)
3.84%
Market activity
Listings vs a year ago
−11.7%
Days on market
88
Listings with a price cut
19.3%
Show 3 more
Homes for sale
249
Pending sales per 100 listings
19
Asking price per sq ft
$208
People and jobs
Median household income
$77,501
Population change (1 year)
+0.2%
Unemployment rate
4.5%
Show 4 more
Population
44,461
Income adjusted for cost of living
$88,270
Net moves in (IRS)
+330
Cost of living (US = 100)
87.8
Schools, risk and environment
School rating (1 to 10)
5.7
FEMA hazard risk score (0 to 100)
73.3
Flood risk score
66.8
Show 3 more
Wildfire risk score
91.5
Walkability (1 to 20)
6.2
Road, rail and air noise
53 dB
Questions people ask
Is Cooke County, TX overvalued?
Home prices in Cooke County, TX are well above what local incomes have historically supported: fair value is about $284,949, so the area is 11.7% overvalued.
Is Cooke County, TX a buyer's or seller's market?
Cooke County, TX is a balanced market, leaning toward buyers: homes take about 88 days to sell, listings are down 12% from a year ago, 19% of listings have had a price cut.
Are home prices going down in Cooke County, TX?
Home values in Cooke County, TX are down 0.8% over the last year.
How much do you need to earn to buy a home in Cooke County, TX?
A household needs about $68,989 a year to afford the typical home in Cooke County, TX at today's 7.18% mortgage rate (20% down, payment at 30% of income); the median household earns $77,501.