Market Overview
Home Prices in Italy, TX
The median home value in Italy, TX is $266,679 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 1.4% compared to a year ago and down 1.4% from two years prior.
Compared to the U.S. national median of $410,000, homes in Italy are priced35% below average. Italy is part of the Dallas-Fort Worth-Arlington, TX metro area.
Over the past five years, Italy home values have risen by approximately17.6%, reflecting steady appreciation in this market.
Price History
Italy Home Price Trend
City Comparison
Italy vs. National Median
At $266,679, homes in Italy cost 35% below the national median of $410,000. This makes Italy a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Italy?
20% Down Payment
$53,336
on $266,679
Monthly P&I
$1,391/mo
30-yr @ 6.8%
Total Monthly Est.
~$1,767/mo
incl. taxes & insurance
Income Needed
$70,680
gross annual (30% rule)
10% Down Option
$26,668
+ PMI applies
Loan Amount (20% dn)
$213,343
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 Italy, TX?
The median home value in Italy is $266,679 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 1.4% year-over-year.
How much have home prices changed in Italy?
Over the past year, home values in Italy have increased by 1.4%. Over five years, prices have risen approximately 17.6%.
How much do I need to earn to buy a home in Italy?
To comfortably afford the median home price of $266,679 with a 20% down payment ($53,336) at today's rates (6.8%), you'd need a gross annual income of approximately $70,680. This assumes keeping total housing costs at or below 30% of gross income.
How does Italy compare to the national average home price?
The national median home value is approximately $410,000. At $266,679, homes in Italy are 35% below the national average.
What metro area is Italy part of?
Italy is part of the Dallas-Fort Worth-Arlington, TX metropolitan area. Home prices and market conditions can vary across the broader metro region.