Data through September 2026 · updated 2026-11-07 · free, from Zillow, Realtor.com, the Census Bureau and other public sources
Typical home value$379,202+0.2% YoY · prices are flat
Market right nowBalanced, leaning buyersFewer homes for sale than last year, 27% have cut their price
Income needed to buy, per year$82,203About 0.9× the local median income ($88,438): affordable for a typical household
Days on market85 daysSlower than a year ago: buyers have time to negotiate
The typical home in Hood County, TX is worth $379,202, about the same as a year ago. That is slightly above what local incomes have historically supported: fair value is about $359,217, so the area is 5.6% overvalued. It is a balanced market, leaning toward buyers: homes take about 85 days to sell, listings are down 5% from a year ago, 27% of listings have had a price cut. A household needs about $82,203 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 $88,438. Typical rent is $1,571 a month. In the latest IRS figures, 1,280 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
$379,202
Change in 1 year
+0.2%
Overvalued %
+5.6%
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Fair home value
$359,217
Change in 5 years
+10.7%
Home value to income
4.3×
Monthly mortgage payment (20% down)
$2,055
Income needed to afford it
$82,203
Property tax rate
1.05%
Rent and investing
Typical rent
$1,571
Price-to-rent ratio
20.1×
HUD Fair Market Rent, 2 bedrooms
$1,463
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Gross rental yield
4.97%
Cap rate (estimate)
3.23%
Market activity
Listings vs a year ago
−4.8%
Days on market
85
Listings with a price cut
26.7%
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Homes for sale
618
Pending sales per 100 listings
20
Asking price per sq ft
$200
People and jobs
Median household income
$88,438
Population change (1 year)
+1.7%
Unemployment rate
5.6%
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Population
70,501
Income adjusted for cost of living
$100,727
Net moves in (IRS)
+1,280
Cost of living (US = 100)
87.8
Schools, risk and environment
School rating (1 to 10)
7.5
FEMA hazard risk score (0 to 100)
70.5
Unhealthy air days a year
4
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Flood risk score
61.9
Wildfire risk score
91.3
Walkability (1 to 20)
6.0
Road, rail and air noise
53 dB
Questions people ask
Is Hood County, TX overvalued?
Home prices in Hood County, TX are slightly above what local incomes have historically supported: fair value is about $359,217, so the area is 5.6% overvalued.
Is Hood County, TX a buyer's or seller's market?
Hood County, TX is a balanced market, leaning toward buyers: homes take about 85 days to sell, listings are down 5% from a year ago, 27% of listings have had a price cut.
Are home prices going down in Hood County, TX?
Home values in Hood County, TX are up 0.2% over the last year.
How much do you need to earn to buy a home in Hood County, TX?
A household needs about $82,203 a year to afford the typical home in Hood County, TX at today's 7.18% mortgage rate (20% down, payment at 30% of income); the median household earns $88,438.