Market Overview
Home Prices in Hermleigh, TX
The median home value in Hermleigh, TX is $205,223 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 9.1% compared to a year ago and down 0.5% from two years prior.
Compared to the U.S. national median of $410,000, homes in Hermleigh are priced50% below average. Hermleigh is part of the Snyder, TX metro area.
Over the past five years, Hermleigh home values have risen by approximately4.5%, reflecting modest growth in this market.
Price History
Hermleigh Home Price Trend
City Comparison
Hermleigh vs. National Median
At $205,223, homes in Hermleigh cost 50% below the national median of $410,000. This makes Hermleigh a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Hermleigh?
20% Down Payment
$41,045
on $205,223
Monthly P&I
$1,070/mo
30-yr @ 6.8%
Total Monthly Est.
~$1,359/mo
incl. taxes & insurance
Income Needed
$54,360
gross annual (30% rule)
10% Down Option
$20,522
+ PMI applies
Loan Amount (20% dn)
$164,178
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 Hermleigh, TX?
The median home value in Hermleigh is $205,223 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 9.1% year-over-year.
How much have home prices changed in Hermleigh?
Over the past year, home values in Hermleigh have increased by 9.1%. Over five years, prices have risen approximately 4.5%.
How much do I need to earn to buy a home in Hermleigh?
To comfortably afford the median home price of $205,223 with a 20% down payment ($41,045) at today's rates (6.8%), you'd need a gross annual income of approximately $54,360. This assumes keeping total housing costs at or below 30% of gross income.
How does Hermleigh compare to the national average home price?
The national median home value is approximately $410,000. At $205,223, homes in Hermleigh are 50% below the national average.
What metro area is Hermleigh part of?
Hermleigh is part of the Snyder, TX metropolitan area. Home prices and market conditions can vary across the broader metro region.