Market Overview
Home Prices in Groesbeck, TX
The median home value in Groesbeck, TX is $214,074 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's down 2% compared to a year ago and up 2.2% from two years prior.
Compared to the U.S. national median of $410,000, homes in Groesbeck are priced48% below average.
Over the past five years, Groesbeck home values have risen by approximately24.2%, reflecting strong long-term appreciation in this market.
Price History
Groesbeck Home Price Trend
2020
$145,245
$145K
—
2021
$172,368
$172K
+18.7%
2022
$210,145
$210K
+21.9%
2023
$211,185
$211K
+0.5%
2024
$213,707
$214K
+1.2%
2025
$218,387
$218K
+2.2%
2026
$214,074
$214K
-2.0%
City Comparison
Groesbeck vs. National Median
🏠 Groesbeck
$214,074
National Median
$410,000
At $214,074, homes in Groesbeck cost 48% below the national median of $410,000. This makes Groesbeck a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Groesbeck?
20% Down Payment
$42,815
on $214,074
Monthly P&I
$1,116/mo
30-yr @ 6.8%
Total Monthly Est.
~$1,417/mo
incl. taxes & insurance
Income Needed
$56,680
gross annual (30% rule)
10% Down Option
$21,407
+ PMI applies
Loan Amount (20% dn)
$171,259
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 Groesbeck, TX?
The median home value in Groesbeck is $214,074 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's down 2% year-over-year.
How much have home prices changed in Groesbeck?
Over the past year, home values in Groesbeck have decreased by 2%. Over five years, prices have risen approximately 24.2%.
How much do I need to earn to buy a home in Groesbeck?
To comfortably afford the median home price of $214,074 with a 20% down payment ($42,815) at today's rates (6.8%), you'd need a gross annual income of approximately $56,680. This assumes keeping total housing costs at or below 30% of gross income.
How does Groesbeck compare to the national average home price?
The national median home value is approximately $410,000. At $214,074, homes in Groesbeck are 48% below the national average.