Data through September 2026 · updated 2026-11-08 · free, from Zillow, Realtor.com, the Census Bureau and other public sources
Typical home value$350,588−1.8% YoY · prices are falling
Market right nowBalanced, leaning buyersFewer homes for sale than last year, 13% have cut their price
Income needed to buy, per year$76,000About 1.1× the local median income ($67,168): a stretch for a typical household
Days on market84 daysFaster than a year ago: sellers have the edge
The typical home in Grimes County, TX is worth $350,588, down 1.8% from a year ago. That is slightly above what local incomes have historically supported: fair value is about $336,315, so the area is 4.2% overvalued. It is a balanced market, leaning toward buyers: homes take about 84 days to sell, listings are down 7% from a year ago, 13% of listings have had a price cut. A household needs about $76,000 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 $67,168. Typical rent is $1,429 a month. In the latest IRS figures, 1,049 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
$350,588
Change in 1 year
−1.8%
Overvalued %
+4.2%
Show 6 more
Fair home value
$336,315
Change in 5 years
+12.1%
Home value to income
5.2×
Monthly mortgage payment (20% down)
$1,900
Income needed to afford it
$76,000
Property tax rate
1.02%
Rent and investing
Typical rent
$1,429
Price-to-rent ratio
20.4×
HUD Fair Market Rent, 2 bedrooms
$1,154
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Gross rental yield
4.89%
Cap rate (estimate)
3.18%
Market activity
Listings vs a year ago
−6.8%
Days on market
84
Listings with a price cut
13.2%
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Homes for sale
164
Pending sales per 100 listings
13
Asking price per sq ft
$218
People and jobs
Median household income
$67,168
Population change (1 year)
+2.7%
Unemployment rate
5.1%
Show 4 more
Population
34,252
Income adjusted for cost of living
$76,501
Net moves in (IRS)
+1,049
Cost of living (US = 100)
87.8
Schools, risk and environment
School rating (1 to 10)
6.2
FEMA hazard risk score (0 to 100)
57.0
Flood risk score
35.3
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Wildfire risk score
59.4
Walkability (1 to 20)
5.2
Road, rail and air noise
53 dB
Questions people ask
Is Grimes County, TX overvalued?
Home prices in Grimes County, TX are slightly above what local incomes have historically supported: fair value is about $336,315, so the area is 4.2% overvalued.
Is Grimes County, TX a buyer's or seller's market?
Grimes County, TX is a balanced market, leaning toward buyers: homes take about 84 days to sell, listings are down 7% from a year ago, 13% of listings have had a price cut.
Are home prices going down in Grimes County, TX?
Home values in Grimes County, TX are down 1.8% over the last year.
How much do you need to earn to buy a home in Grimes County, TX?
A household needs about $76,000 a year to afford the typical home in Grimes County, TX at today's 7.18% mortgage rate (20% down, payment at 30% of income); the median household earns $67,168.