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Featured local agent — Nome, TX
Sarah Mitchell
Compass Real Estate · Nome, TX
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Nome, TX Housing Market
The last median sale price Redfin published was $475,000, +120.9% year over year (through May 2026). With 13.0 months of supply, Nome is a buyer's market. At today's 7.03% 30-year fixed rate, 20% down on a $475,000 home is about $2,536/mo in principal and interest.
Key numbers for Nome, TX
Median sale price
$475,000
+120.9% year over year
Redfin, through May 2026
Active listings
13
13.0 months of supply
Redfin, through May 2026
30-yr fixed rate
7.03%
Freddie Mac weekly average
Freddie Mac via FRED, September 2026
Median household income
$55,781
Home costs 8.5x income
U.S. Census ACS, 2023
Zillow figures refresh monthly. Redfin figures are through May 2026 — Redfin stopped publishing its public market trackers in June 2026, so those numbers are final, not current. Mortgage rates come from Freddie Mac via FRED and update weekly.
Is Nome a buyer's or seller's market?
Nome, TX is a buyer's market, based on 13.0 months of supply. Above 7 months of supply is a glut: inventory is well ahead of the sales pace, and buyers can take time to inspect, compare, and negotiate concessions.
Inputs are Redfin's final published period (May 2026). How we classify markets · Where the data comes from
What does the Nome housing market data show?
Every row below is Redfin's final published month for Nome, TX. Redfin, through May 2026
| Metric | Value |
|---|---|
| Median sale price | $475,000 |
| Median list price | $382,450 |
| Year-over-year price change | +120.9% |
| Median price per sq ft | $166/sq ft |
| Active inventory | 13 listings |
| Months of supply | 13.0 months |
| Homes sold (that month) | 1 |
| New listings (that month) | 2 |
| Listings with a price cut | 84.6% |
| Market condition | Buyer's market |
How to read these numbers
- Median sale price
- Half the homes that closed sold for more than this, half for less. It moves with what kind of home sold that month, so a quiet month with two big sales can swing it. Redfin's figure for Nome is frozen at May 2026.
- Typical home value (ZHVI)
- Zillow's estimate of what a mid-market home in Nome is worth right now, whether or not it sold. It is smoother than the median sale price and it still refreshes monthly, which is why this page leads with it.
- Months of supply
- How long it would take to sell every active listing at the current pace. Under 3 favors sellers, over 6 favors buyers, and 3 to 6 is the balanced band.
- Days on market
- Median time from listing to accepted offer. Short means you should have financing ready before you tour; long means there is room to negotiate on price and repairs.
- Sale-to-list ratio
- Sale price divided by the last asking price. Above 100% means bidding above asking is normal here; below 100% means the typical buyer got a discount.
- Price per square foot
- The size-adjusted price. Use it to compare a 1,400 sq ft house to a 2,600 sq ft house, not to value your own home — lot, condition and age move it a lot.
- Listings with a price cut
- Share of active listings that dropped their asking price in the month. A high share is the earliest visible sign that sellers are ahead of what buyers will pay.
- Typical asking rent (ZORI)
- Zillow's repeat-rent index for asking rents on new leases. Paired with the home value it gives the price-to-rent ratio in the rent-vs-buy section below.
How have Nome home prices moved?
Across the 18 months we hold for Nome, TX, the median sale price rose 70.3%, from $279,000 in May 2021 to $475,000. 84.6% of Nome listings cut their asking price in the final Redfin month — a high share, and the clearest sign that list prices were running ahead of what buyers would pay.
Redfin, through May 2026 — the chart ends at Redfin's final published month.
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What does it cost to buy a home in Nome?
Priced off the median sale price of $475,000 at the current 7.03% 30-year fixed rate. These are principal and interest only — property taxes, homeowner's insurance, HOA dues and mortgage insurance are on top, and they vary enough by property that we will not guess them for you.
| Down payment | Cash at close | Loan amount | Monthly P&I |
|---|---|---|---|
| 20% | $95,000 | $380,000 | $2,536/mo |
| 5% | $23,750 | $451,250 | $3,011/mo |
Redfin, through May 2026 for the price · Freddie Mac via FRED, September 2026 for the rate
What income do you need?
Lenders generally want housing costs under 28% of gross income. On the 20%-down payment of $2,536, that implies roughly $108,678 a year before you add taxes and insurance. The median household in Nome earns $55,781, about $52,897 short of that threshold — the typical local household needs a larger down payment, a co-borrower, or a home below the median sale price to fit the 28% rule. That puts the price-to-income ratio at 8.5x — well above the 3x that was historically considered affordable, which is why down payment size drives who can buy here.
Run it with your own numbers: affordability calculator · mortgage calculator
Buying in Nome in the next 12 months?
Tell us your timeline. We send the Nome market brief: the price ranges that actually clear, how long homes sit, and what to fix on your credit before you apply.
Is it cheaper to rent or buy in Nome?
Zillow does not publish a rent index (ZORI) for Nome, TX, so we cannot compute a price-to-rent ratio here without borrowing a nearby market's rents and calling them local — which we will not do. The rent vs. buy calculator works with a rent figure you supply.
Is inventory rising or falling in Nome?
Active listings in Nome, TX went from 6 in June 2024 to 13 in May 2026, a +116.7% change. Rising inventory is the single most useful leading indicator for buyers: more choice, longer marketing times, and more sellers willing to negotiate before price cuts show up in the median.
| Month | Active listings | New listings |
|---|---|---|
| August 2024 | 5 | 1 |
| October 2024 | 3 | 1 |
| February 2025 | 4 | 1 |
| April 2025 | 1 | 1 |
| May 2025 | 1 | not published |
| July 2025 | 2 | 1 |
| September 2025 | 4 | not published |
| December 2025 | 6 | 3 |
| February 2026 | 11 | not published |
| March 2026 | 11 | 3 |
| April 2026 | 14 | 5 |
| May 2026 | 13 | 2 |
Redfin, through May 2026
How does Nome compare to Texas and the U.S.?
Nome homes sell for $475,000 — 33% above the Texas median of $356,100. Against the national median of $410,700, Nome runs 16% higher. Year-over-year, Nome moved +120.9% against Texas's +2.1% — a bigger swing than the state as a whole.
| Market | Median sale price | YoY | Days on market |
|---|---|---|---|
| Nome, TX | $475,000 | +120.9% | not published |
| Texas statewide | $356,100 | +2.1% | 56 days |
| United States | $410,700 | not published | not published |
City and state rows: Redfin, through May 2026 · U.S. row: Freddie Mac via FRED, April 2026 (MSPUS, quarterly)
What to do next in Nome
What buyers should watch
- Months of supply, currently 13.0. It turns before price does — when it climbs past 6, sellers start taking offers they would have rejected a quarter earlier.
- The share of listings cutting price, currently 84.6%. A listing that has already cut once is the one most likely to accept below asking.
- The gap between 5% and 20% down here is $475 a month in principal and interest alone, before mortgage insurance. That gap, not the price, is usually what decides your timeline.
- Rate moves. At 7.03%, every full point of rate change moves the payment on a $475,000 home more than a 5% price change does.
- Your credit tier before you shop, not after — it sets the rate you are quoted. Run your numbers first.
What sellers should know
- In the last published month Nome added 2 new listings against 1 sales — more competition arriving than clearing, so early timing matters.
- Comparable ZIP-level pricing inside Nome varies more than the citywide median suggests — check the ZIP pages below before you set a number.
Homes for sale in Nome
There are currently 13 homes listed for sale in Nome, Texas. The median listing price is $382K.
Active listings
13
Homes on market
Median list price
$382K
New this week
2
Newly listed
How much do homes cost in Nome by property type?
How the Nome, TX market breaks down across single-family homes, condos and townhouses. Redfin, through May 2026
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $475,000 | $166/sq ft | 1 | not published |
Who lives in Nome?
American Community Survey estimates for Nome. U.S. Census ACS, 2023
Population
325
Households
151
Median income
$55,781/yr
Median age
51.3 years
Owner-occupied
80.1%
Median home value
$188,800
Mean commute
35.2 min
80.1% of occupied homes in Nome are owner-occupied, and the rest are rented — which is the share that decides how much of the local housing stock ever reaches the for-sale market.
Which cities are near Nome, TX?
Ordered by distance from Nome, not by size. Compare Nome side by side with any of them.
Nome housing market FAQ
Is Nome a buyer's or seller's market?
Nome, TX is currently a buyer's market. That read comes from 13.0 months of supply in the last month Redfin published (May 2026).
How much do homes cost in Nome?
The median sale price in the last month Redfin published was $475,000, about $166 per square foot.
Is Nome cheaper than the rest of Texas?
Nome's median sale price of $475,000 is 33% higher than the Texas statewide median of $356,100, and 16% above the U.S. median of $410,700. Both figures are for the same period.
How long do homes take to sell in Nome?
We do not hold a days-on-market figure for Nome, TX. Redfin stopped publishing its public market tracker in June 2026, so this metric is frozen wherever it exists and missing where it never landed.
What income do you need to buy a home in Nome?
At the current 30-year fixed rate of 7.03%, 20% down on a $475,000 home is about $2,536 a month in principal and interest. Lenders typically want that under 28% of gross income, which works out to roughly $108,678 a year before taxes, insurance, HOA dues or mortgage insurance. The local median household income is $55,781.
Are home prices rising in Nome?
Redfin's last published year-over-year change for Nome, TX was +120.9%, measured through May 2026. That series is frozen; treat it as a historical reading rather than a current trend.
What are the cheapest ZIP codes in Nome?
Nome ZIP-level sale prices are not all published for the same period, so ranking them would compare different months. The ZIP pages listed on this page show what we hold for each one individually.
Is now a good time to buy in Nome?
That depends on your timeline, not on a headline. What the data says today: Nome, TX is a buyer's market with 13.0 months of supply, the 30-year fixed rate is 7.03%. Properties Incorporated publishes the data; it does not give financial advice.
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