Market Overview
Home Prices in Strawn, TX
The median home value in Strawn, TX is $174,016 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 2% compared to a year ago and down 4.1% from two years prior.
Compared to the U.S. national median of $410,000, homes in Strawn are priced58% below average. Strawn is part of the Mineral Wells, TX metro area.
Price History
Strawn Home Price Trend
2022
$189,278
$189K
—
2023
$199,695
$200K
+5.5%
2024
$177,866
$178K
-10.9%
2025
$170,540
$171K
-4.1%
2026
$174,016
$174K
+2.0%
City Comparison
Strawn vs. National Median
🏠 Strawn
$174,016
National Median
$410,000
At $174,016, homes in Strawn cost 58% below the national median of $410,000. This makes Strawn a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Strawn?
20% Down Payment
$34,803
on $174,016
Monthly P&I
$908/mo
30-yr @ 6.8%
Total Monthly Est.
~$1,153/mo
incl. taxes & insurance
Income Needed
$46,120
gross annual (30% rule)
10% Down Option
$17,402
+ PMI applies
Loan Amount (20% dn)
$139,213
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 Strawn, TX?
The median home value in Strawn is $174,016 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 2% year-over-year.
How much have home prices changed in Strawn?
Over the past year, home values in Strawn have increased by 2%.
How much do I need to earn to buy a home in Strawn?
To comfortably afford the median home price of $174,016 with a 20% down payment ($34,803) at today's rates (6.8%), you'd need a gross annual income of approximately $46,120. This assumes keeping total housing costs at or below 30% of gross income.
How does Strawn compare to the national average home price?
The national median home value is approximately $410,000. At $174,016, homes in Strawn are 58% below the national average.
What metro area is Strawn part of?
Strawn is part of the Mineral Wells, TX metropolitan area. Home prices and market conditions can vary across the broader metro region.