Market Overview
Home Prices in Crane, TX
The median home value in Crane, TX is $199,588 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 4% compared to a year ago and down 0.7% from two years prior.
Compared to the U.S. national median of $410,000, homes in Crane are priced51% below average.
Over the past five years, Crane home values have risen by approximately4.4%, reflecting modest growth in this market.
Price History
Crane Home Price Trend
2020
$167,819
$168K
—
2021
$191,091
$191K
+13.9%
2022
$206,687
$207K
+8.2%
2023
$197,778
$198K
-4.3%
2024
$193,331
$193K
-2.2%
2025
$191,966
$192K
-0.7%
2026
$199,588
$200K
+4.0%
City Comparison
Crane vs. National Median
🏠 Crane
$199,588
National Median
$410,000
At $199,588, homes in Crane cost 51% below the national median of $410,000. This makes Crane a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Crane?
20% Down Payment
$39,918
on $199,588
Monthly P&I
$1,041/mo
30-yr @ 6.8%
Total Monthly Est.
~$1,322/mo
incl. taxes & insurance
Income Needed
$52,880
gross annual (30% rule)
10% Down Option
$19,959
+ PMI applies
Loan Amount (20% dn)
$159,670
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 Crane, TX?
The median home value in Crane is $199,588 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 4% year-over-year.
How much have home prices changed in Crane?
Over the past year, home values in Crane have increased by 4%. Over five years, prices have risen approximately 4.4%.
How much do I need to earn to buy a home in Crane?
To comfortably afford the median home price of $199,588 with a 20% down payment ($39,918) at today's rates (6.8%), you'd need a gross annual income of approximately $52,880. This assumes keeping total housing costs at or below 30% of gross income.
How does Crane compare to the national average home price?
The national median home value is approximately $410,000. At $199,588, homes in Crane are 51% below the national average.