Data through September 2026 · updated 2026-11-07 · free, from Zillow, Realtor.com, the Census Bureau and other public sources
Typical home value$311,545+1.9% YoY · prices are rising
Market right nowBalanced marketFewer homes for sale than last year, 17% have cut their price
Income needed to buy, per year$67,536About 0.9× the local median income ($77,271): affordable for a typical household
Days on market88 daysSlower than a year ago: buyers have time to negotiate
Next 12 months−0.6%Zillow expects prices to dip slightly
The typical home in Lampasas County, TX is worth $311,545, up 1.9% from a year ago. That is well above what local incomes have historically supported: fair value is about $276,361, so the area is 12.7% overvalued. It is a balanced market: homes take about 88 days to sell, listings are down 15% from a year ago, 17% of listings have had a price cut. Zillow expects prices to fall about 0.6% over the next year. A household needs about $67,536 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 $77,271. Typical rent is $1,517 a month, or $1,825 for a house. In the latest IRS figures, 292 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
$311,545
Change in 1 year
+1.9%
Overvalued %
+12.7%
Show 7 more
Fair home value
$276,361
Change in 5 years
+22.2%
Zillow forecast, next 12 months
−0.6%
Home value to income
4.0×
Monthly mortgage payment (20% down)
$1,688
Income needed to afford it
$67,536
Property tax rate
1.17%
Rent and investing
Typical rent
$1,517
Typical rent for houses
$1,825
Price-to-rent ratio
17.1×
Show 3 more
HUD Fair Market Rent, 2 bedrooms
$1,014
Gross rental yield
5.84%
Cap rate (estimate)
3.80%
Market activity
Listings vs a year ago
−14.7%
Days on market
88
Listings with a price cut
17.3%
Show 3 more
Homes for sale
133
Pending sales per 100 listings
17
Asking price per sq ft
$193
People and jobs
Median household income
$77,271
Population change (1 year)
+0.3%
Unemployment rate
4.5%
Show 4 more
Population
23,657
Income adjusted for cost of living
$84,820
Net moves in (IRS)
+292
Cost of living (US = 100)
91.1
Schools, risk and environment
School rating (1 to 10)
7.1
FEMA hazard risk score (0 to 100)
29.9
Flood risk score
41.9
Show 3 more
Wildfire risk score
84.0
Walkability (1 to 20)
5.3
Road, rail and air noise
51 dB
Questions people ask
Is Lampasas County, TX overvalued?
Home prices in Lampasas County, TX are well above what local incomes have historically supported: fair value is about $276,361, so the area is 12.7% overvalued.
Is Lampasas County, TX a buyer's or seller's market?
Lampasas County, TX is a balanced market: homes take about 88 days to sell, listings are down 15% from a year ago, 17% of listings have had a price cut.
Are home prices going down in Lampasas County, TX?
Home values in Lampasas County, TX are up 1.9% over the last year. Zillow's forecast for the next 12 months is −0.6%.
How much do you need to earn to buy a home in Lampasas County, TX?
A household needs about $67,536 a year to afford the typical home in Lampasas County, TX at today's 7.18% mortgage rate (20% down, payment at 30% of income); the median household earns $77,271.