Market Overview
Home Prices in Zephyr, TX
The median home value in Zephyr, TX is $420,531 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 5.5% compared to a year ago and up 4.5% from two years prior.
Compared to the U.S. national median of $410,000, homes in Zephyr are priced3% above average. Zephyr is part of the Brownwood, TX metro area.
Over the past five years, Zephyr home values have risen by approximately30.4%, reflecting strong long-term appreciation in this market.
Price History
Zephyr Home Price Trend
City Comparison
Zephyr vs. National Median
At $420,531, homes in Zephyr cost 3% above the national median of $410,000. Buyers in Zephyr should expect to pay a premium compared to most U.S. markets.
Affordability
What Does It Cost to Buy in Zephyr?
20% Down Payment
$84,106
on $420,531
Monthly P&I
$2,193/mo
30-yr @ 6.8%
Total Monthly Est.
~$2,785/mo
incl. taxes & insurance
Income Needed
$111,400
gross annual (30% rule)
10% Down Option
$42,053
+ PMI applies
Loan Amount (20% dn)
$336,425
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 Zephyr, TX?
The median home value in Zephyr is $420,531 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 5.5% year-over-year.
How much have home prices changed in Zephyr?
Over the past year, home values in Zephyr have increased by 5.5%. Over five years, prices have risen approximately 30.4%.
How much do I need to earn to buy a home in Zephyr?
To comfortably afford the median home price of $420,531 with a 20% down payment ($84,106) at today's rates (6.8%), you'd need a gross annual income of approximately $111,400. This assumes keeping total housing costs at or below 30% of gross income.
How does Zephyr compare to the national average home price?
The national median home value is approximately $410,000. At $420,531, homes in Zephyr are 3% above the national average.
What metro area is Zephyr part of?
Zephyr is part of the Brownwood, TX metropolitan area. Home prices and market conditions can vary across the broader metro region.