Market Overview
Home Prices in Parker, TX
The median home value in Parker, TX is $1,115,411 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's down 2% compared to a year ago and up 0% from two years prior.
Compared to the U.S. national median of $410,000, homes in Parker are priced172% above average. Parker is part of the Dallas-Fort Worth-Arlington, TX metro area.
Over the past five years, Parker home values have risen by approximately32.1%, reflecting strong long-term appreciation in this market.
Price History
Parker Home Price Trend
City Comparison
Parker vs. National Median
At $1,115,411, homes in Parker cost 172% above the national median of $410,000. Buyers in Parker should expect to pay a premium compared to most U.S. markets.
Affordability
What Does It Cost to Buy in Parker?
20% Down Payment
$223,082
on $1,115,411
Monthly P&I
$5,817/mo
30-yr @ 6.8%
Total Monthly Est.
~$7,388/mo
incl. taxes & insurance
Income Needed
$295,520
gross annual (30% rule)
10% Down Option
$111,541
+ PMI applies
Loan Amount (20% dn)
$892,329
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 Parker, TX?
The median home value in Parker is $1,115,411 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's down 2% year-over-year.
How much have home prices changed in Parker?
Over the past year, home values in Parker have decreased by 2%. Over five years, prices have risen approximately 32.1%.
How much do I need to earn to buy a home in Parker?
To comfortably afford the median home price of $1,115,411 with a 20% down payment ($223,082) at today's rates (6.8%), you'd need a gross annual income of approximately $295,520. This assumes keeping total housing costs at or below 30% of gross income.
How does Parker compare to the national average home price?
The national median home value is approximately $410,000. At $1,115,411, homes in Parker are 172% above the national average.
What metro area is Parker part of?
Parker is part of the Dallas-Fort Worth-Arlington, TX metropolitan area. Home prices and market conditions can vary across the broader metro region.