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Featured local agent — Hereford, TX

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Sarah Mitchell

CNESRESABR

Compass Real Estate · Hereford, TX

“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”

Hereford, TX(512) 555-0184TX License #0512847
Visit website →sarahmitchellhomes.com
5.0 · 47 reviews

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Hereford, TX Housing Market & Real Estate

Leaning buyer's-19.4% YoY

Housing market overview · Updated monthly ·

$145,000median sale price

How is the Hereford, TX housing market right now?

The median home sale price in Hereford, TX is $145,000, down 19.4% year-over-year. Homes sell in an average of 28 days with 59 active listings. The market is currently a leaning buyer's. (Source: Redfin monthly MLS data, as of May 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)

Is Hereford a buyer's or seller's market?

Leaning buyer's6.6 months of supply28 avg. days on market

Hereford, TX is currently a leaning buyer's, based on 6.6 months of supply and homes selling in about 28 days. How we determine this →

Homes sold

9

Last 12 weeks

Days on market

28

Average pace

Active listings

59

6.6 months supply

Sale-to-list

Below asking

What does the Hereford housing market data show?

Current housing market statistics for Hereford, TX
MetricValue
Median sale price$145,000
Median list price$179,900
Year-over-year price change-19.4%
Average days on market28 days
Active inventory59 listings
Months of supply6.6 months
Median price per sq ft$125/sq ft
Homes sold (latest month)9
New listings (latest month)13
Listings with a price cut20.3%
Market conditionLeaning buyer's

Source: Redfin · Updated monthly

How much do homes cost in Hereford by property type?

How the Hereford, TX market breaks down across single-family homes, condos, and townhouses.

Median price, price per square foot, homes sold and days on market by property type in Hereford, TX
Property typeMedian pricePrice / sq ftHomes soldDays on market
Single-family$145,000$125/sq ft928 days

Source: Redfin · Updated monthly

The Hereford housing market is currently classified as a leaning buyer's with a median sale price of $145,000. Prices have fallen 19.4% compared to last year, with homes spending an average of 28 days on market, indicating 6.6 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.The price-to-income ratio of 3.4x provides context for how home values compare to local earning capacity.

Homes for sale in Hereford

There are currently 59 homes listed for sale in Hereford, Texas. The median listing price is $180K.

Active listings

59

Homes on market

Median list price

$180K

Avg. days on market

28

Days until sale

New this week

13

Newly listed

Price drops:20.3%of listings

Who lives in Hereford?

Population

14,874

Median income

$51,799/yr

Median age

30 years

Owner-occupied

64.3%

College grads

10.1%

Avg commute

16.4 min

Source: U.S. Census Bureau ACS

What are homes worth in Hereford?

Zillow home value

$176,838

Price-to-income

3.4x

Source: Zillow Research

What is it like to live in Hereford?

Hereford is a community of approximately 15K residents with a median age of 30 years.The median household income is $51,799, which represents a working-class community with solid middle-income opportunities. 10.1% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.

Homeownership rates are at 64.3%, showing a blend of owner and renter-occupied properties. The average commute time is 16.4 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Hereford offers a balanced lifestyle with accessible home values relative to local income levels.

Which public schools serve Hereford?

9 schools tracked · 4,094 students

The largest public schools serving Hereford, TX by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.

HEREFORD H S

Grades 9-12 · 1,177 students

Public

HEREFORD J H

Grades 6-7 · 562 students

Public

NORTHWEST EL

Grades K-5 · 490 students

Public

AIKMAN EL

Grades K-5 · 437 students

Public

BLUEBONNET EL

Grades K-5 · 379 students

Public

WEST CENTRAL EL

Grades K-5 · 328 students

Public

HEREFORD PREPARATORY ACADEMY

Grades 8 · 295 students

Public

TIERRA BLANCA EARLY CHILDHOOD CENTER

Grades PK · 282 students

Public

Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.

Which cities are near Hereford, TX?

Want a head-to-head view? Compare Hereford side-by-side with any other U.S. city using our market-comparison tool.

Frequently asked questions

What is the average home price in Hereford?

The median home sale price in Hereford is $145,000, down 19.4% from last year.

How long do homes stay on market in Hereford?

Homes typically spend 28 days on market before going under contract.

What is the median income in Hereford?

The median household income is $51,799 per year.

Is Hereford a buyer's or seller's market?

With 6.6 months of supply, Hereford is currently a leaning buyer's.

What is the Zillow home value estimate for Hereford?

The Zillow Home Value Index (ZHVI) for Hereford is $176,838, representing the typical home value in the area.

How much does a single-family home cost in Hereford?

The median single-family home price in Hereford, TX is $145,000 (about $125 per square foot).

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