Market Overview
Home Prices in Friona, TX
The median home value in Friona, TX is $172,017 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 13.6% compared to a year ago and up 3% from two years prior.
Compared to the U.S. national median of $410,000, homes in Friona are priced58% below average. Friona is part of the Hereford, TX metro area.
Over the past five years, Friona home values have risen by approximately22.7%, reflecting strong long-term appreciation in this market.
Price History
Friona Home Price Trend
City Comparison
Friona vs. National Median
At $172,017, homes in Friona cost 58% below the national median of $410,000. This makes Friona a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Friona?
20% Down Payment
$34,403
on $172,017
Monthly P&I
$897/mo
30-yr @ 6.8%
Total Monthly Est.
~$1,139/mo
incl. taxes & insurance
Income Needed
$45,560
gross annual (30% rule)
10% Down Option
$17,202
+ PMI applies
Loan Amount (20% dn)
$137,614
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 Friona, TX?
The median home value in Friona is $172,017 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 13.6% year-over-year.
How much have home prices changed in Friona?
Over the past year, home values in Friona have increased by 13.6%. Over five years, prices have risen approximately 22.7%.
How much do I need to earn to buy a home in Friona?
To comfortably afford the median home price of $172,017 with a 20% down payment ($34,403) at today's rates (6.8%), you'd need a gross annual income of approximately $45,560. This assumes keeping total housing costs at or below 30% of gross income.
How does Friona compare to the national average home price?
The national median home value is approximately $410,000. At $172,017, homes in Friona are 58% below the national average.
What metro area is Friona part of?
Friona is part of the Hereford, TX metropolitan area. Home prices and market conditions can vary across the broader metro region.