Market Overview
Home Prices in Lott, TX
The median home value in Lott, TX is $209,261 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's down 3.4% compared to a year ago and down 1.1% from two years prior.
Compared to the U.S. national median of $410,000, homes in Lott are priced49% below average. Lott is part of the Waco, TX metro area.
Over the past five years, Lott home values have fallen by approximately2.9%, reflecting softening conditions in this market.
Price History
Lott Home Price Trend
2020
$195,828
$196K
—
2021
$215,430
$215K
+10.0%
2022
$244,381
$244K
+13.4%
2023
$229,820
$230K
-6.0%
2024
$219,005
$219K
-4.7%
2025
$216,653
$217K
-1.1%
2026
$209,261
$209K
-3.4%
City Comparison
Lott vs. National Median
🏠 Lott
$209,261
National Median
$410,000
At $209,261, homes in Lott cost 49% below the national median of $410,000. This makes Lott a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Lott?
20% Down Payment
$41,852
on $209,261
Monthly P&I
$1,091/mo
30-yr @ 6.8%
Total Monthly Est.
~$1,386/mo
incl. taxes & insurance
Income Needed
$55,440
gross annual (30% rule)
10% Down Option
$20,926
+ PMI applies
Loan Amount (20% dn)
$167,409
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 Lott, TX?
The median home value in Lott is $209,261 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's down 3.4% year-over-year.
How much have home prices changed in Lott?
Over the past year, home values in Lott have decreased by 3.4%. Over five years, prices have fallen approximately 2.9%.
How much do I need to earn to buy a home in Lott?
To comfortably afford the median home price of $209,261 with a 20% down payment ($41,852) at today's rates (6.8%), you'd need a gross annual income of approximately $55,440. This assumes keeping total housing costs at or below 30% of gross income.
How does Lott compare to the national average home price?
The national median home value is approximately $410,000. At $209,261, homes in Lott are 49% below the national average.
What metro area is Lott part of?
Lott is part of the Waco, TX metropolitan area. Home prices and market conditions can vary across the broader metro region.