📍 Rhome, TX · Zillow ZHVI · July 2026

Average Home Price in
Rhome, TX

Dallas-Fort Worth-Arlington, TX metro area · Wise County County

Median Home Value
$363,187
↓ 1.6% year-over-year
vs. National Median
$410,000
Rhome is 11% below
Est. Monthly Payment
$1,894/mo
20% down · 6.8% rate
Income Needed
$96K
gross annual (30% rule)
Median Home Value
$363,187
↓ 1.6% year-over-year

Down Payment (20%)$72,637
Monthly P&I$1,894/mo
With Taxes & Ins.~$2,405/mo
Income Needed$96,200/yr
Data SourceZillow ZHVI
Market Overview

Home Prices in Rhome, TX

The median home value in Rhome, TX is $363,187 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's down 1.6% compared to a year ago and down 1% from two years prior.

Compared to the U.S. national median of $410,000, homes in Rhome are priced11% below average. Rhome is part of the Dallas-Fort Worth-Arlington, TX metro area.

Over the past five years, Rhome home values have risen by approximately21.0%, reflecting strong long-term appreciation in this market.

City Comparison

Rhome vs. National Median

🏠 Rhome
$363,187
National Median
$410,000

At $363,187, homes in Rhome cost 11% below the national median of $410,000. This makes Rhome a relatively affordable market for buyers seeking value.

Affordability

What Does It Cost to Buy in Rhome?

20% Down Payment
$72,637
on $363,187
Monthly P&I
$1,894/mo
30-yr @ 6.8%
Total Monthly Est.
~$2,405/mo
incl. taxes & insurance
Income Needed
$96,200
gross annual (30% rule)
10% Down Option
$36,319
+ PMI applies
Loan Amount (20% dn)
$290,550
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 Rhome, TX?
The median home value in Rhome is $363,187 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's down 1.6% year-over-year.
How much have home prices changed in Rhome?
Over the past year, home values in Rhome have decreased by 1.6%. Over five years, prices have risen approximately 21.0%.
How much do I need to earn to buy a home in Rhome?
To comfortably afford the median home price of $363,187 with a 20% down payment ($72,637) at today's rates (6.8%), you'd need a gross annual income of approximately $96,200. This assumes keeping total housing costs at or below 30% of gross income.
How does Rhome compare to the national average home price?
The national median home value is approximately $410,000. At $363,187, homes in Rhome are 11% below the national average.
What metro area is Rhome part of?
Rhome is part of the Dallas-Fort Worth-Arlington, TX metropolitan area. Home prices and market conditions can vary across the broader metro region.