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: March 2026
Median Sale Price
$185K
↓ 16.0% YoY
Days on Market
192 days
↑ 200.0% YoY
Active Inventory
62
↓ 7.5% YoY
Homes Sold
8
↓ 11.1% 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 March 2026, the median home sale price is $185K, down 16.0% year-over-year. Homes are spending a median of 192 days on the market, 200.0% longer than a year ago.
There are 62 homes for sale — 7.5% fewer than last year. With 7.8 months of supply, this is a buyer's market. 11 new listings were added during this period, down 59.3% year-over-year.
0.0% of homes sell above their asking price. 16.1% 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. Prices are 58% below the national median, which could indicate stronger cash flow potential.
Hereford, TX metro area Market Trends
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Detailed Market Metrics
Median List Price
$101K
Price per Sq Ft
$97
Sale-to-List Ratio
N/A
Months of Supply
7.8
Sold Above List
0.0%
Price Drops
16.1%
New Listings
11
↓ 59.3% YoY
Pending Sales
12
Off Market in 2 Weeks
8.3%
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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.