Market Overview
Home Prices in Blanket, TX
The median home value in Blanket, TX is $307,866 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 1.3% compared to a year ago and up 2.1% from two years prior.
Compared to the U.S. national median of $410,000, homes in Blanket are priced25% below average. Blanket is part of the Brownwood, TX metro area.
Price History
Blanket Home Price Trend
2022
$298,500
$299K
—
2023
$289,307
$289K
-3.1%
2024
$297,602
$298K
+2.9%
2025
$303,858
$304K
+2.1%
2026
$307,866
$308K
+1.3%
City Comparison
Blanket vs. National Median
🏠 Blanket
$307,866
National Median
$410,000
At $307,866, homes in Blanket cost 25% below the national median of $410,000. This makes Blanket a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Blanket?
20% Down Payment
$61,573
on $307,866
Monthly P&I
$1,606/mo
30-yr @ 6.8%
Total Monthly Est.
~$2,040/mo
incl. taxes & insurance
Income Needed
$81,600
gross annual (30% rule)
10% Down Option
$30,787
+ PMI applies
Loan Amount (20% dn)
$246,293
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 Blanket, TX?
The median home value in Blanket is $307,866 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 1.3% year-over-year.
How much have home prices changed in Blanket?
Over the past year, home values in Blanket have increased by 1.3%.
How much do I need to earn to buy a home in Blanket?
To comfortably afford the median home price of $307,866 with a 20% down payment ($61,573) at today's rates (6.8%), you'd need a gross annual income of approximately $81,600. This assumes keeping total housing costs at or below 30% of gross income.
How does Blanket compare to the national average home price?
The national median home value is approximately $410,000. At $307,866, homes in Blanket are 25% below the national average.
What metro area is Blanket part of?
Blanket is part of the Brownwood, TX metropolitan area. Home prices and market conditions can vary across the broader metro region.