Data through September 2026 · updated 2026-11-07 · free, from Zillow, Realtor.com, the Census Bureau and other public sources
Typical home value$270,056−1.8% YoY · prices are falling
Market right nowBuyer's marketMore homes for sale than last year, 24% have cut their price
Income needed to buy, per year$58,542About 0.9× the local median income ($63,102): affordable for a typical household
Days on market89 daysAbout the same pace as a year ago
The typical home in Wood County, TX is worth $270,056, down 1.8% from a year ago. That is well above what local incomes have historically supported: fair value is about $242,755, so the area is 11.2% overvalued. It is a buyer's market: homes take about 89 days to sell, listings are up 12% from a year ago, 24% of listings have had a price cut. A household needs about $58,542 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 $63,102. Typical rent is $1,278 a month. In the latest IRS figures, 779 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
$270,056
Change in 1 year
−1.8%
Overvalued %
+11.2%
Show 6 more
Fair home value
$242,755
Change in 5 years
+7.4%
Home value to income
4.3×
Monthly mortgage payment (20% down)
$1,464
Income needed to afford it
$58,542
Property tax rate
0.88%
Rent and investing
Typical rent
$1,278
Price-to-rent ratio
17.6×
HUD Fair Market Rent, 2 bedrooms
$1,019
Show 2 more
Gross rental yield
5.68%
Cap rate (estimate)
3.69%
Market activity
Listings vs a year ago
+12.1%
Days on market
89
Listings with a price cut
23.5%
Show 3 more
Homes for sale
444
Pending sales per 100 listings
10
Asking price per sq ft
$190
People and jobs
Median household income
$63,102
Population change (1 year)
+1.1%
Unemployment rate
6.3%
Show 4 more
Population
49,688
Income adjusted for cost of living
$71,870
Net moves in (IRS)
+779
Cost of living (US = 100)
87.8
Schools, risk and environment
School rating (1 to 10)
6.0
FEMA hazard risk score (0 to 100)
63.2
Flood risk score
59.3
Show 3 more
Wildfire risk score
73.2
Walkability (1 to 20)
5.1
Road, rail and air noise
52 dB
Questions people ask
Is Wood County, TX overvalued?
Home prices in Wood County, TX are well above what local incomes have historically supported: fair value is about $242,755, so the area is 11.2% overvalued.
Is Wood County, TX a buyer's or seller's market?
Wood County, TX is a buyer's market: homes take about 89 days to sell, listings are up 12% from a year ago, 24% of listings have had a price cut.
Are home prices going down in Wood County, TX?
Home values in Wood County, TX are down 1.8% over the last year.
How much do you need to earn to buy a home in Wood County, TX?
A household needs about $58,542 a year to afford the typical home in Wood County, TX at today's 7.18% mortgage rate (20% down, payment at 30% of income); the median household earns $63,102.