Market Overview
Home Prices in Mansfield, TX
The median home value in Mansfield, TX is $449,169 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's down 1% compared to a year ago and down 2.1% from two years prior.
Compared to the U.S. national median of $410,000, homes in Mansfield are priced10% above average. Mansfield is part of the Dallas-Fort Worth-Arlington, TX metro area.
Over the past five years, Mansfield home values have risen by approximately18.5%, reflecting steady appreciation in this market.
Price History
Mansfield Home Price Trend
City Comparison
Mansfield vs. National Median
At $449,169, homes in Mansfield cost 10% above the national median of $410,000. Buyers in Mansfield should expect to pay a premium compared to most U.S. markets.
Affordability
What Does It Cost to Buy in Mansfield?
20% Down Payment
$89,834
on $449,169
Monthly P&I
$2,343/mo
30-yr @ 6.8%
Total Monthly Est.
~$2,976/mo
incl. taxes & insurance
Income Needed
$119,040
gross annual (30% rule)
10% Down Option
$44,917
+ PMI applies
Loan Amount (20% dn)
$359,335
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 Mansfield, TX?
The median home value in Mansfield is $449,169 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's down 1% year-over-year.
How much have home prices changed in Mansfield?
Over the past year, home values in Mansfield have decreased by 1%. Over five years, prices have risen approximately 18.5%.
How much do I need to earn to buy a home in Mansfield?
To comfortably afford the median home price of $449,169 with a 20% down payment ($89,834) at today's rates (6.8%), you'd need a gross annual income of approximately $119,040. This assumes keeping total housing costs at or below 30% of gross income.
How does Mansfield compare to the national average home price?
The national median home value is approximately $410,000. At $449,169, homes in Mansfield are 10% above the national average.
What metro area is Mansfield part of?
Mansfield is part of the Dallas-Fort Worth-Arlington, TX metropolitan area. Home prices and market conditions can vary across the broader metro region.