Market Overview
Home Prices in Plainview, TX
The median home value in Plainview, TX is $120,203 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's down 1.8% compared to a year ago and down 7.2% from two years prior.
Compared to the U.S. national median of $410,000, homes in Plainview are priced71% below average. Plainview is part of the Plainview, TX metro area.
Over the past five years, Plainview home values have fallen by approximately1.3%, reflecting softening conditions in this market.
Price History
Plainview Home Price Trend
City Comparison
Plainview vs. National Median
At $120,203, homes in Plainview cost 71% below the national median of $410,000. This makes Plainview a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Plainview?
20% Down Payment
$24,041
on $120,203
Monthly P&I
$627/mo
30-yr @ 6.8%
Total Monthly Est.
~$796/mo
incl. taxes & insurance
Income Needed
$31,840
gross annual (30% rule)
10% Down Option
$12,020
+ PMI applies
Loan Amount (20% dn)
$96,162
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 Plainview, TX?
The median home value in Plainview is $120,203 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's down 1.8% year-over-year.
How much have home prices changed in Plainview?
Over the past year, home values in Plainview have decreased by 1.8%. Over five years, prices have fallen approximately 1.3%.
How much do I need to earn to buy a home in Plainview?
To comfortably afford the median home price of $120,203 with a 20% down payment ($24,041) at today's rates (6.8%), you'd need a gross annual income of approximately $31,840. This assumes keeping total housing costs at or below 30% of gross income.
How does Plainview compare to the national average home price?
The national median home value is approximately $410,000. At $120,203, homes in Plainview are 71% below the national average.
What metro area is Plainview part of?
Plainview is part of the Plainview, TX metropolitan area. Home prices and market conditions can vary across the broader metro region.