Market Overview
Home Prices in Josephine, TX
The median home value in Josephine, TX is $280,990 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's down 8.3% compared to a year ago and down 3.7% from two years prior.
Compared to the U.S. national median of $410,000, homes in Josephine are priced31% below average. Josephine is part of the Dallas-Fort Worth-Arlington, TX metro area.
Over the past five years, Josephine home values have risen by approximately8.4%, reflecting steady appreciation in this market.
Price History
Josephine Home Price Trend
City Comparison
Josephine vs. National Median
At $280,990, homes in Josephine cost 31% below the national median of $410,000. This makes Josephine a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Josephine?
20% Down Payment
$56,198
on $280,990
Monthly P&I
$1,465/mo
30-yr @ 6.8%
Total Monthly Est.
~$1,861/mo
incl. taxes & insurance
Income Needed
$74,440
gross annual (30% rule)
10% Down Option
$28,099
+ PMI applies
Loan Amount (20% dn)
$224,792
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 Josephine, TX?
The median home value in Josephine is $280,990 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's down 8.3% year-over-year.
How much have home prices changed in Josephine?
Over the past year, home values in Josephine have decreased by 8.3%. Over five years, prices have risen approximately 8.4%.
How much do I need to earn to buy a home in Josephine?
To comfortably afford the median home price of $280,990 with a 20% down payment ($56,198) at today's rates (6.8%), you'd need a gross annual income of approximately $74,440. This assumes keeping total housing costs at or below 30% of gross income.
How does Josephine compare to the national average home price?
The national median home value is approximately $410,000. At $280,990, homes in Josephine are 31% below the national average.
What metro area is Josephine part of?
Josephine is part of the Dallas-Fort Worth-Arlington, TX metropolitan area. Home prices and market conditions can vary across the broader metro region.