Market Overview
Home Prices in Ballinger, TX
The median home value in Ballinger, TX is $142,675 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's down 4.2% compared to a year ago and down 2.4% from two years prior.
Compared to the U.S. national median of $410,000, homes in Ballinger are priced65% below average.
Over the past five years, Ballinger home values have fallen by approximately3.5%, reflecting softening conditions in this market.
Price History
Ballinger Home Price Trend
2020
$133,390
$133K
—
2021
$147,831
$148K
+10.8%
2022
$167,771
$168K
+13.5%
2023
$152,595
$153K
-9.0%
2024
$152,593
$153K
+-0.0%
2025
$148,881
$149K
-2.4%
2026
$142,675
$143K
-4.2%
City Comparison
Ballinger vs. National Median
🏠 Ballinger
$142,675
National Median
$410,000
At $142,675, homes in Ballinger cost 65% below the national median of $410,000. This makes Ballinger a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Ballinger?
20% Down Payment
$28,535
on $142,675
Monthly P&I
$744/mo
30-yr @ 6.8%
Total Monthly Est.
~$945/mo
incl. taxes & insurance
Income Needed
$37,800
gross annual (30% rule)
10% Down Option
$14,268
+ PMI applies
Loan Amount (20% dn)
$114,140
at current rates
Estimates assume a 30-year fixed mortgage at 6.8%. Monthly total includes estimated property taxes and homeowner's insurance. Actual costs vary.
FAQ
Frequently Asked Questions
What is the average home price in Ballinger, TX?
The median home value in Ballinger is $142,675 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's down 4.2% year-over-year.
How much have home prices changed in Ballinger?
Over the past year, home values in Ballinger have decreased by 4.2%. Over five years, prices have fallen approximately 3.5%.
How much do I need to earn to buy a home in Ballinger?
To comfortably afford the median home price of $142,675 with a 20% down payment ($28,535) at today's rates (6.8%), you'd need a gross annual income of approximately $37,800. This assumes keeping total housing costs at or below 30% of gross income.
How does Ballinger compare to the national average home price?
The national median home value is approximately $410,000. At $142,675, homes in Ballinger are 65% below the national average.