Market Overview
Home Prices in Valley Mills, TX
The median home value in Valley Mills, TX is $327,199 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 1% compared to a year ago and up 2.5% from two years prior.
Compared to the U.S. national median of $410,000, homes in Valley Mills are priced20% below average. Valley Mills is part of the Waco, TX metro area.
Over the past five years, Valley Mills home values have risen by approximately29.5%, reflecting strong long-term appreciation in this market.
Price History
Valley Mills Home Price Trend
City Comparison
Valley Mills vs. National Median
At $327,199, homes in Valley Mills cost 20% below the national median of $410,000. This makes Valley Mills a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Valley Mills?
20% Down Payment
$65,440
on $327,199
Monthly P&I
$1,706/mo
30-yr @ 6.8%
Total Monthly Est.
~$2,167/mo
incl. taxes & insurance
Income Needed
$86,680
gross annual (30% rule)
10% Down Option
$32,720
+ PMI applies
Loan Amount (20% dn)
$261,759
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 Valley Mills, TX?
The median home value in Valley Mills is $327,199 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 1% year-over-year.
How much have home prices changed in Valley Mills?
Over the past year, home values in Valley Mills have increased by 1%. Over five years, prices have risen approximately 29.5%.
How much do I need to earn to buy a home in Valley Mills?
To comfortably afford the median home price of $327,199 with a 20% down payment ($65,440) at today's rates (6.8%), you'd need a gross annual income of approximately $86,680. This assumes keeping total housing costs at or below 30% of gross income.
How does Valley Mills compare to the national average home price?
The national median home value is approximately $410,000. At $327,199, homes in Valley Mills are 20% below the national average.
What metro area is Valley Mills part of?
Valley Mills is part of the Waco, TX metropolitan area. Home prices and market conditions can vary across the broader metro region.