Data through September 2026 · updated 2026-11-08 · free, from Zillow, Realtor.com, the Census Bureau and other public sources
Typical home value$366,672−3.4% YoY · prices are falling fast
Market right nowBuyer's marketMore homes for sale than last year, 25% have cut their price
Income needed to buy, per year$79,487About 0.9× the local median income ($91,880): affordable for a typical household
Days on market89 daysAbout the same pace as a year ago
Next 12 months−2.4%Zillow expects prices to dip slightly
The typical home in Hays County, TX is worth $366,672, down 3.4% from a year ago. That is slightly below what local incomes have historically supported: fair value is about $395,796, so the area is 7.4% undervalued. It is a buyer's market: homes take about 89 days to sell, listings are up 10% from a year ago, 25% of listings have had a price cut. Zillow expects prices to fall about 2.4% over the next year. A household needs about $79,487 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 $91,880. Typical rent is $1,546 a month, or $2,202 for a house. In the latest IRS figures, 6,599 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
$366,672
Change in 1 year
−3.4%
Overvalued %
−7.4%
Show 7 more
Fair home value
$395,796
Change in 5 years
−11.7%
Zillow forecast, next 12 months
−2.4%
Home value to income
4.0×
Monthly mortgage payment (20% down)
$1,987
Income needed to afford it
$79,487
Property tax rate
1.66%
Rent and investing
Typical rent
$1,546
Typical rent for houses
$2,202
Price-to-rent ratio
19.8×
Show 3 more
HUD Fair Market Rent, 2 bedrooms
$1,817
Gross rental yield
5.06%
Cap rate (estimate)
3.29%
Market activity
Listings vs a year ago
+10.4%
Days on market
89
Listings with a price cut
25.2%
Show 3 more
Homes for sale
1,556
Pending sales per 100 listings
31
Asking price per sq ft
$198
People and jobs
Median household income
$91,880
Population change (1 year)
+3.4%
Unemployment rate
4.4%
Show 4 more
Population
304,390
Income adjusted for cost of living
$93,660
Net moves in (IRS)
+6,599
Cost of living (US = 100)
98.1
Schools, risk and environment
School rating (1 to 10)
6.3
FEMA hazard risk score (0 to 100)
90.6
Flood risk score
93.2
Show 3 more
Wildfire risk score
87.9
Walkability (1 to 20)
6.6
Road, rail and air noise
53 dB
Questions people ask
Is Hays County, TX overvalued?
Home prices in Hays County, TX are slightly below what local incomes have historically supported: fair value is about $395,796, so the area is 7.4% undervalued.
Is Hays County, TX a buyer's or seller's market?
Hays County, TX is a buyer's market: homes take about 89 days to sell, listings are up 10% from a year ago, 25% of listings have had a price cut.
Are home prices going down in Hays County, TX?
Home values in Hays County, TX are down 3.4% over the last year. Zillow's forecast for the next 12 months is −2.4%.
How much do you need to earn to buy a home in Hays County, TX?
A household needs about $79,487 a year to afford the typical home in Hays County, TX at today's 7.18% mortgage rate (20% down, payment at 30% of income); the median household earns $91,880.