Data through September 2026 · updated 2026-11-07 · free, from Zillow, Realtor.com, the Census Bureau and other public sources
Typical home value$283,776+0.4% YoY · prices are flat
Market right nowBalanced marketFewer homes for sale than last year, 14% have cut their price
Income needed to buy, per year$61,517About 1.0× the local median income ($63,004): affordable for a typical household
Days on market107 daysSlower than a year ago: buyers have time to negotiate
The typical home in Palo Pinto County, TX is worth $283,776, about the same as a year ago. That is slightly above what local incomes have historically supported: fair value is about $258,471, so the area is 9.8% overvalued. It is a balanced market: homes take about 107 days to sell, listings are down 6% from a year ago, 14% of listings have had a price cut. A household needs about $61,517 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 $63,004. Typical rent is $1,328 a month. In the latest IRS figures, 443 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
$283,776
Change in 1 year
+0.4%
Overvalued %
+9.8%
Show 6 more
Fair home value
$258,471
Change in 5 years
+9.3%
Home value to income
4.5×
Monthly mortgage payment (20% down)
$1,538
Income needed to afford it
$61,517
Property tax rate
1.11%
Rent and investing
Typical rent
$1,328
Price-to-rent ratio
17.8×
HUD Fair Market Rent, 2 bedrooms
$1,129
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Gross rental yield
5.61%
Cap rate (estimate)
3.65%
Market activity
Listings vs a year ago
−6.2%
Days on market
107
Listings with a price cut
14.4%
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Homes for sale
271
Pending sales per 100 listings
11
Asking price per sq ft
$253
People and jobs
Median household income
$63,004
Population change (1 year)
+1.5%
Unemployment rate
6.1%
Show 4 more
Population
30,791
Income adjusted for cost of living
$71,759
Net moves in (IRS)
+443
Cost of living (US = 100)
87.8
Schools, risk and environment
School rating (1 to 10)
5.2
FEMA hazard risk score (0 to 100)
55.2
Flood risk score
59.9
Show 3 more
Wildfire risk score
90.3
Walkability (1 to 20)
6.5
Road, rail and air noise
51 dB
Questions people ask
Is Palo Pinto County, TX overvalued?
Home prices in Palo Pinto County, TX are slightly above what local incomes have historically supported: fair value is about $258,471, so the area is 9.8% overvalued.
Is Palo Pinto County, TX a buyer's or seller's market?
Palo Pinto County, TX is a balanced market: homes take about 107 days to sell, listings are down 6% from a year ago, 14% of listings have had a price cut.
Are home prices going down in Palo Pinto County, TX?
Home values in Palo Pinto County, TX are up 0.4% over the last year.
How much do you need to earn to buy a home in Palo Pinto County, TX?
A household needs about $61,517 a year to afford the typical home in Palo Pinto County, TX at today's 7.18% mortgage rate (20% down, payment at 30% of income); the median household earns $63,004.