Market Overview
Home Prices in Gordon, TX
The median home value in Gordon, TX is $421,743 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's down 0.5% compared to a year ago and up 4.9% from two years prior.
Compared to the U.S. national median of $410,000, homes in Gordon are priced3% above average. Gordon is part of the Mineral Wells, TX metro area.
Over the past five years, Gordon home values have risen by approximately20.5%, reflecting strong long-term appreciation in this market.
Price History
Gordon Home Price Trend
City Comparison
Gordon vs. National Median
At $421,743, homes in Gordon cost 3% above the national median of $410,000. Buyers in Gordon should expect to pay a premium compared to most U.S. markets.
Affordability
What Does It Cost to Buy in Gordon?
20% Down Payment
$84,349
on $421,743
Monthly P&I
$2,200/mo
30-yr @ 6.8%
Total Monthly Est.
~$2,794/mo
incl. taxes & insurance
Income Needed
$111,760
gross annual (30% rule)
10% Down Option
$42,174
+ PMI applies
Loan Amount (20% dn)
$337,394
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 Gordon, TX?
The median home value in Gordon is $421,743 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's down 0.5% year-over-year.
How much have home prices changed in Gordon?
Over the past year, home values in Gordon have decreased by 0.5%. Over five years, prices have risen approximately 20.5%.
How much do I need to earn to buy a home in Gordon?
To comfortably afford the median home price of $421,743 with a 20% down payment ($84,349) at today's rates (6.8%), you'd need a gross annual income of approximately $111,760. This assumes keeping total housing costs at or below 30% of gross income.
How does Gordon compare to the national average home price?
The national median home value is approximately $410,000. At $421,743, homes in Gordon are 3% above the national average.
What metro area is Gordon part of?
Gordon is part of the Mineral Wells, TX metropolitan area. Home prices and market conditions can vary across the broader metro region.