Data through September 2026 · updated 2026-11-07 · free, from Zillow, Realtor.com, the Census Bureau and other public sources
Typical home value$280,311−4.6% YoY · prices are falling fast
Market right nowBalanced, leaning buyersFewer homes for sale than last year, 20% have cut their price
Income needed to buy, per year$60,766About 0.8× the local median income ($72,865): affordable for a typical household
Days on market77 daysFaster than a year ago: sellers have the edge
Next 12 months−1.7%Zillow expects prices to dip slightly
The typical home in Grayson County, TX is worth $280,311, down 4.6% from a year ago. That is slightly above what local incomes have historically supported: fair value is about $272,905, so the area is 2.7% overvalued. It is a balanced market, leaning toward buyers: homes take about 77 days to sell, listings are down 4% from a year ago, 20% of listings have had a price cut. Zillow expects prices to fall about 1.7% over the next year. A household needs about $60,766 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 $72,865. Typical rent is $1,358 a month, or $1,664 for a house. In the latest IRS figures, 2,226 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
$280,311
Change in 1 year
−4.6%
Overvalued %
+2.7%
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Fair home value
$272,905
Change in 5 years
+8.8%
Zillow forecast, next 12 months
−1.7%
Home value to income
3.8×
Monthly mortgage payment (20% down)
$1,519
Income needed to afford it
$60,766
Property tax rate
1.27%
Rent and investing
Typical rent
$1,358
Typical rent for houses
$1,664
Price-to-rent ratio
17.2×
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HUD Fair Market Rent, 2 bedrooms
$1,395
Gross rental yield
5.82%
Cap rate (estimate)
3.78%
Market activity
Listings vs a year ago
−4.4%
Days on market
77
Listings with a price cut
19.5%
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Homes for sale
1,230
Pending sales per 100 listings
19
Asking price per sq ft
$178
People and jobs
Median household income
$72,865
Population change (1 year)
+1.8%
Unemployment rate
3.1%
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Population
153,613
Income adjusted for cost of living
$77,681
Net moves in (IRS)
+2,226
Cost of living (US = 100)
93.8
Schools, risk and environment
School rating (1 to 10)
5.7
FEMA hazard risk score (0 to 100)
80.3
Flood risk score
79.5
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Wildfire risk score
86.0
Walkability (1 to 20)
6.1
Road, rail and air noise
52 dB
Questions people ask
Is Grayson County, TX overvalued?
Home prices in Grayson County, TX are slightly above what local incomes have historically supported: fair value is about $272,905, so the area is 2.7% overvalued.
Is Grayson County, TX a buyer's or seller's market?
Grayson County, TX is a balanced market, leaning toward buyers: homes take about 77 days to sell, listings are down 4% from a year ago, 20% of listings have had a price cut.
Are home prices going down in Grayson County, TX?
Home values in Grayson County, TX are down 4.6% over the last year. Zillow's forecast for the next 12 months is −1.7%.
How much do you need to earn to buy a home in Grayson County, TX?
A household needs about $60,766 a year to afford the typical home in Grayson County, TX at today's 7.18% mortgage rate (20% down, payment at 30% of income); the median household earns $72,865.