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📍 Palo Pinto, TX · Zillow ZHVI · July 2026

Average Home Price in
Palo Pinto, TX

Mineral Wells, TX metro area · Palo Pinto County County

Median Home Value
$400,982
↓ 2.4% year-over-year
vs. National Median
$410,000
Palo Pinto is 2% below
Est. Monthly Payment
$2,091/mo
20% down · 6.8% rate
Income Needed
$106K
gross annual (30% rule)
Median Home Value
$400,982
↓ 2.4% year-over-year
Down Payment (20%)$80,196
Monthly P&I$2,091/mo
With Taxes & Ins.~$2,656/mo
Income Needed$106,240/yr
Data SourceZillow ZHVI
Market Overview

Home Prices in Palo Pinto, TX

The median home value in Palo Pinto, TX is $400,982 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's down 2.4% compared to a year ago and up 0.7% from two years prior.

Compared to the U.S. national median of $410,000, homes in Palo Pinto are priced2% below average. Palo Pinto is part of the Mineral Wells, TX metro area.

City Comparison

Palo Pinto vs. National Median

🏠 Palo Pinto
$400,982
National Median
$410,000

At $400,982, homes in Palo Pinto cost 2% below the national median of $410,000. This makes Palo Pinto a relatively affordable market for buyers seeking value.

Affordability

What Does It Cost to Buy in Palo Pinto?

20% Down Payment
$80,196
on $400,982
Monthly P&I
$2,091/mo
30-yr @ 6.8%
Total Monthly Est.
~$2,656/mo
incl. taxes & insurance
Income Needed
$106,240
gross annual (30% rule)
10% Down Option
$40,098
+ PMI applies
Loan Amount (20% dn)
$320,786
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 Palo Pinto, TX?
The median home value in Palo Pinto is $400,982 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's down 2.4% year-over-year.
How much have home prices changed in Palo Pinto?
Over the past year, home values in Palo Pinto have decreased by 2.4%.
How much do I need to earn to buy a home in Palo Pinto?
To comfortably afford the median home price of $400,982 with a 20% down payment ($80,196) at today's rates (6.8%), you'd need a gross annual income of approximately $106,240. This assumes keeping total housing costs at or below 30% of gross income.
How does Palo Pinto compare to the national average home price?
The national median home value is approximately $410,000. At $400,982, homes in Palo Pinto are 2% below the national average.
What metro area is Palo Pinto part of?
Palo Pinto is part of the Mineral Wells, TX metropolitan area. Home prices and market conditions can vary across the broader metro region.