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Parker County, TX housing market

Data through September 2026 · updated 2026-11-08 · free, from Zillow, Realtor.com, the Census Bureau and other public sources

Typical home value$443,613−0.1% YoY · prices are flat
Market right nowBuyer's marketFewer homes for sale than last year, 26% have cut their price
Income needed to buy, per year$96,166About 0.9× the local median income ($101,485): affordable for a typical household
Days on market70 daysAbout the same pace as a year ago
Next 12 months−0.9%Zillow expects prices to dip slightly

The typical home in Parker County, TX is worth $443,613, about the same as a year ago. That is slightly above what local incomes have historically supported: fair value is about $409,223, so the area is 8.4% overvalued. It is a buyer's market: homes take about 70 days to sell, listings are down 8% from a year ago, 26% of listings have had a price cut. Zillow expects prices to fall about 0.9% over the next year. A household needs about $96,166 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 $101,485. Typical rent is $1,583 a month, or $2,237 for a house. In the latest IRS figures, 5,008 more people moved in than out.

Home value over time

$0K$100K$200K$300K$400K19801990200020102020
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$443,613
Change in 1 year−0.1%
Overvalued %+8.4%
Show 7 more
Fair home value$409,223
Change in 5 years+15.1%
Zillow forecast, next 12 months−0.9%
Home value to income4.4×
Monthly mortgage payment (20% down)$2,404
Income needed to afford it$96,166
Property tax rate1.40%

Rent and investing

Typical rent$1,583
Typical rent for houses$2,237
Price-to-rent ratio23.4×
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HUD Fair Market Rent, 2 bedrooms$1,745
Gross rental yield4.28%
Cap rate (estimate)2.78%

Market activity

Listings vs a year ago−8.2%
Days on market70
Listings with a price cut26.4%
Show 3 more
Homes for sale1,174
Pending sales per 100 listings22
Asking price per sq ft$227

People and jobs

Median household income$101,485
Population change (1 year)+2.8%
Unemployment rate4.0%
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Population184,767
Income adjusted for cost of living$98,434
Net moves in (IRS)+5,008
Cost of living (US = 100)103.1

Schools, risk and environment

School rating (1 to 10)7.3
FEMA hazard risk score (0 to 100)81.1
Unhealthy air days a year10
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Flood risk score72.4
Wildfire risk score96.2
Walkability (1 to 20)5.8
Road, rail and air noise54 dB

Questions people ask

Is Parker County, TX overvalued?
Home prices in Parker County, TX are slightly above what local incomes have historically supported: fair value is about $409,223, so the area is 8.4% overvalued.
Is Parker County, TX a buyer's or seller's market?
Parker County, TX is a buyer's market: homes take about 70 days to sell, listings are down 8% from a year ago, 26% of listings have had a price cut.
Are home prices going down in Parker County, TX?
Home values in Parker County, TX are down 0.1% over the last year. Zillow's forecast for the next 12 months is −0.9%.
How much do you need to earn to buy a home in Parker County, TX?
A household needs about $96,166 a year to afford the typical home in Parker County, TX at today's 7.18% mortgage rate (20% down, payment at 30% of income); the median household earns $101,485.

Nearby and similar counties

ZIP codes in Parker County (open on the map)

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