Market Overview
Home Prices in Lipan, TX
The median home value in Lipan, TX is $513,872 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 0.4% compared to a year ago and up 1.4% from two years prior.
Compared to the U.S. national median of $410,000, homes in Lipan are priced25% above average. Lipan is part of the Granbury, TX metro area.
Over the past five years, Lipan home values have risen by approximately32.1%, reflecting strong long-term appreciation in this market.
Price History
Lipan Home Price Trend
City Comparison
Lipan vs. National Median
At $513,872, homes in Lipan cost 25% above the national median of $410,000. Buyers in Lipan should expect to pay a premium compared to most U.S. markets.
Affordability
What Does It Cost to Buy in Lipan?
20% Down Payment
$102,774
on $513,872
Monthly P&I
$2,680/mo
30-yr @ 6.8%
Total Monthly Est.
~$3,404/mo
incl. taxes & insurance
Income Needed
$136,160
gross annual (30% rule)
10% Down Option
$51,387
+ PMI applies
Loan Amount (20% dn)
$411,098
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 Lipan, TX?
The median home value in Lipan is $513,872 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 0.4% year-over-year.
How much have home prices changed in Lipan?
Over the past year, home values in Lipan have increased by 0.4%. Over five years, prices have risen approximately 32.1%.
How much do I need to earn to buy a home in Lipan?
To comfortably afford the median home price of $513,872 with a 20% down payment ($102,774) at today's rates (6.8%), you'd need a gross annual income of approximately $136,160. This assumes keeping total housing costs at or below 30% of gross income.
How does Lipan compare to the national average home price?
The national median home value is approximately $410,000. At $513,872, homes in Lipan are 25% above the national average.
What metro area is Lipan part of?
Lipan is part of the Granbury, TX metropolitan area. Home prices and market conditions can vary across the broader metro region.