Hereford, TX metro area Housing Market
Cold MarketComprehensive housing market data for the Hereford, TX metro area metro area. Track home prices, inventory, days on market, and competition — updated monthly for real estate investors.
Data period: January 2026
Median Sale Price
$178K
↓ 19.1% YoY
Days on Market
174 days
↑ 55.4% YoY
Active Inventory
72
↑ 41.2% YoY
Homes Sold
2
– 0.0% YoY
Cold Market
Inventory is high and homes are sitting longer — a buyer's market.
Hereford, TX metro area Market Summary
The Hereford, TX metro area housing market is cooling down. As of January 2026, the median home sale price is $178K, down 19.1% year-over-year. Homes are spending a median of 174 days on the market, 55.4% longer than a year ago.
There are 72 homes for sale — 41.2% more than last year. With 36.0 months of supply, this is a buyer's market. 5 new listings were added during this period, down 64.3% year-over-year.
0.0% of homes sell above their asking price. 22.2% of listings have had a price drop.
Market Opportunity Score
Based on current market conditions
80
Contributing Factors
How This Market Compares
vs. National Median
vs. Texas Median
Investor Takeaway
The cooling market may present buying opportunities with less competition and more negotiating leverage. High inventory relative to sales pace means buyers have options and sellers may be flexible on price. A significant share of sellers are cutting prices, which can signal motivated sellers and potential deals. Prices are 58% below the national median, which could indicate stronger cash flow potential.
Hereford, TX metro area Market Trends
Median Sale Price
Median Days on Market
Active Inventory
Homes Sold
Price per Square Foot
Not enough data for Sale-to-List Ratio trend
New Listings
Listings with Price Drops
Detailed Market Metrics
Median List Price
$239K
Price per Sq Ft
$120
Sale-to-List Ratio
N/A
Months of Supply
36.0
Sold Above List
0.0%
Price Drops
22.2%
New Listings
5
↓ 64.3% YoY
Pending Sales
8
Off Market in 2 Weeks
12.5%
Other Markets in Texas
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Try It FreeHousing market data provided by Redfin, a national real estate brokerage. Not financial advice. Always consult a qualified professional before making investment decisions.