Data through September 2026 · updated 2026-11-07 · free, from Zillow, Realtor.com, the Census Bureau and other public sources
Typical home value$98,441+1.9% YoY · prices are rising
Market right nowBalanced, leaning buyersMore homes for sale than last year, 8% have cut their price
Income needed to buy, per year$21,340About 0.4× the local median income ($59,370): affordable for a typical household
Days on market68 daysFaster than a year ago: sellers have the edge
The typical home in Mitchell County, TX is worth $98,441, up 1.9% from a year ago. That is well below what local incomes have historically supported: fair value is about $147,170, so the area is 33.1% undervalued. It is a balanced market, leaning toward buyers: homes take about 68 days to sell, listings are up 3% from a year ago, 8% of listings have had a price cut. A household needs about $21,340 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 $59,370. In the latest IRS figures, 59 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
$98,441
Change in 1 year
+1.9%
Overvalued %
−33.1%
Show 6 more
Fair home value
$147,170
Change in 5 years
−23.5%
Home value to income
1.7×
Monthly mortgage payment (20% down)
$534
Income needed to afford it
$21,340
Property tax rate
1.86%
Rent and investing
HUD Fair Market Rent, 2 bedrooms
$1,118
Market activity
Listings vs a year ago
+2.6%
Days on market
68
Listings with a price cut
7.5%
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Homes for sale
40
Pending sales per 100 listings
10
Asking price per sq ft
$95
People and jobs
Median household income
$59,370
Population change (1 year)
−0.1%
Unemployment rate
5.3%
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Population
8,947
Income adjusted for cost of living
$67,620
Net moves in (IRS)
+59
Cost of living (US = 100)
87.8
Schools, risk and environment
School rating (1 to 10)
4.5
FEMA hazard risk score (0 to 100)
19.8
Flood risk score
18.2
Show 3 more
Wildfire risk score
84.0
Walkability (1 to 20)
5.9
Road, rail and air noise
52 dB
Questions people ask
Is Mitchell County, TX overvalued?
Home prices in Mitchell County, TX are well below what local incomes have historically supported: fair value is about $147,170, so the area is 33.1% undervalued.
Is Mitchell County, TX a buyer's or seller's market?
Mitchell County, TX is a balanced market, leaning toward buyers: homes take about 68 days to sell, listings are up 3% from a year ago, 8% of listings have had a price cut.
Are home prices going down in Mitchell County, TX?
Home values in Mitchell County, TX are up 1.9% over the last year.
How much do you need to earn to buy a home in Mitchell County, TX?
A household needs about $21,340 a year to afford the typical home in Mitchell County, TX at today's 7.18% mortgage rate (20% down, payment at 30% of income); the median household earns $59,370.