Market Overview
Home Prices in Slaton, TX
The median home value in Slaton, TX is $147,262 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 5.8% compared to a year ago and down 7.7% from two years prior.
Compared to the U.S. national median of $410,000, homes in Slaton are priced64% below average. Slaton is part of the Lubbock, TX metro area.
Over the past five years, Slaton home values have risen by approximately13.7%, reflecting steady appreciation in this market.
Price History
Slaton Home Price Trend
2020
$106,418
$106K
—
2021
$129,466
$129K
+21.7%
2022
$145,054
$145K
+12.0%
2023
$150,858
$151K
+4.0%
2024
$150,872
$151K
+0.0%
2025
$139,200
$139K
-7.7%
2026
$147,262
$147K
+5.8%
City Comparison
Slaton vs. National Median
🏠 Slaton
$147,262
National Median
$410,000
At $147,262, homes in Slaton cost 64% below the national median of $410,000. This makes Slaton a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Slaton?
20% Down Payment
$29,452
on $147,262
Monthly P&I
$768/mo
30-yr @ 6.8%
Total Monthly Est.
~$975/mo
incl. taxes & insurance
Income Needed
$39,000
gross annual (30% rule)
10% Down Option
$14,726
+ PMI applies
Loan Amount (20% dn)
$117,810
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 Slaton, TX?
The median home value in Slaton is $147,262 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 5.8% year-over-year.
How much have home prices changed in Slaton?
Over the past year, home values in Slaton have increased by 5.8%. Over five years, prices have risen approximately 13.7%.
How much do I need to earn to buy a home in Slaton?
To comfortably afford the median home price of $147,262 with a 20% down payment ($29,452) at today's rates (6.8%), you'd need a gross annual income of approximately $39,000. This assumes keeping total housing costs at or below 30% of gross income.
How does Slaton compare to the national average home price?
The national median home value is approximately $410,000. At $147,262, homes in Slaton are 64% below the national average.
What metro area is Slaton part of?
Slaton is part of the Lubbock, TX metropolitan area. Home prices and market conditions can vary across the broader metro region.