Market Overview
Home Prices in Gun Barrel City, TX
The median home value in Gun Barrel City, TX is $255,946 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's down 3% compared to a year ago and down 1.3% from two years prior.
Compared to the U.S. national median of $410,000, homes in Gun Barrel City are priced38% below average. Gun Barrel City is part of the Athens, TX metro area.
Over the past five years, Gun Barrel City home values have risen by approximately8.3%, reflecting steady appreciation in this market.
Price History
Gun Barrel City Home Price Trend
City Comparison
Gun Barrel City vs. National Median
At $255,946, homes in Gun Barrel City cost 38% below the national median of $410,000. This makes Gun Barrel City a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Gun Barrel City?
20% Down Payment
$51,189
on $255,946
Monthly P&I
$1,335/mo
30-yr @ 6.8%
Total Monthly Est.
~$1,695/mo
incl. taxes & insurance
Income Needed
$67,800
gross annual (30% rule)
10% Down Option
$25,595
+ PMI applies
Loan Amount (20% dn)
$204,757
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 Gun Barrel City, TX?
The median home value in Gun Barrel City is $255,946 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's down 3% year-over-year.
How much have home prices changed in Gun Barrel City?
Over the past year, home values in Gun Barrel City have decreased by 3%. Over five years, prices have risen approximately 8.3%.
How much do I need to earn to buy a home in Gun Barrel City?
To comfortably afford the median home price of $255,946 with a 20% down payment ($51,189) at today's rates (6.8%), you'd need a gross annual income of approximately $67,800. This assumes keeping total housing costs at or below 30% of gross income.
How does Gun Barrel City compare to the national average home price?
The national median home value is approximately $410,000. At $255,946, homes in Gun Barrel City are 38% below the national average.
What metro area is Gun Barrel City part of?
Gun Barrel City is part of the Athens, TX metropolitan area. Home prices and market conditions can vary across the broader metro region.