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Hereford, TX

Full City Profile · Texas · Deaf Smith County County

2.9 /5.0
C+ Fair
14,874 Population 2,353/sq mi density
$51,799 Median Income $22,911 per capita
$109,100 Home Value $168,235 Zillow
$934 Median Rent 22.8% income on rent
57°F Avg Temperature 330 sunny days/yr
550 Violent Crime/100K 2,104 property/100K
C+
Overall
2.9 / 5.0
Fair overall score based on economy, affordability, safety and education
B+
Economy
3.6 / 5.0
$51,799 median income, 2.6% unemployment
A+
Affordability
5.0 / 5.0
$109,100 home value, $934/mo rent
F
Safety
1.0 / 5.0
550 violent crimes/100K (45% above avg)
D
Education
1.8 / 5.0
10.1% bachelor's degree or higher

Housing Overview

Median Home Value
$109,100
61% below
US avg: $281,900
Median Rent
$934/mo
20% below
US avg: $1,163/mo
Homeownership Rate
64.3%
2% below US avg (65.4%)
Total Housing Units
5,499
Median year built: 1968

Home Value by Source

Census Median
$109,100
Zillow (ZHVI)
$168,235
Median Sale Price
$222,000
Median List Price
$250,000
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

64.3%
Owner-Occupied
35.7%
Renter-Occupied
64%
36%
US avg: 65.4% owner-occupied

Fair Market Rents (HUD FY2026)

Studio
$887/mo
1 Bedroom
$935/mo
2 Bedroom
$1,149/mo
3 Bedroom
$1,497/mo
4 Bedroom
$1,733/mo
Census median rent: $934/mo

Market Indicators (Redfin)

Median Days on Market
183 days
Sale-to-List Ratio
0.0%
Buyers market
Homes Sold
7
Price Drops
11.7%
of listings with price reduction
Price Per Sq Ft
$135
Active Inventory
60
homes for sale

Affordability & Housing Stock

Rent Burden
22.8%
of renters spending 30%+ of income on housing
26% below US avg (31.0%)
Median Year Built
1968
Average age of housing stock: 58 years
Homeownership Rate
64.3%

Complete Housing Data

Home Values

Census Median Value$109,100
Zillow Home Value (ZHVI)$168,235
Median Sale Price$222,000
Median List Price$250,000
Price Per Sq Ft$135

Rent

Census Median Rent$934
FMR Studio$887
FMR 1-Bedroom$935
FMR 2-Bedroom$1,149
FMR 3-Bedroom$1,497
FMR 4-Bedroom$1,733

Market

Days on Market183
Sale-to-List Ratio0.0%
Price Drops11.7%
Homes Sold7
Active Inventory60
Price Per Sq Ft$135

Ownership & Stock

Owner-Occupied64.3%
Renter-Occupied35.7%
Homeownership Rate64.3%
Total Housing Units5,499
Median Year Built1968
Rent Burden22.8%