Texarkana housing market

Neutral marketTexarkana, TX metro areaData through Sep 2026
Typical home value
$183K
▲ 2.4% 1 yr
Typical rent
$1,253/mo
▲ 0.1% 1 yr
12-month forecast
+1.1%
#385 of 546 metros
Gross rent yield
8.2%
#42 of 546 · U.S. 6.3%
Days to pending
87 days
▲ +11 days 1 yr
Listings with a price cut
20%
▲ +0.7 pts 1 yr

Key takeaways

  • 1The typical home is worth $183,435, up 2.4% in a year and up 3% over five years.
  • 2Zillow forecasts home values rising 1.1% over the next 12 months (U.S.: +1.1%).
  • 3Typical rent is $1,253/mo (+0.1% YoY), a 8.2% gross yield, above the U.S. 6.3%.
  • 4At 7.32% with 20% down, the typical home costs $1,008/mo in principal and interest, $245 less than renting.
  • 5Homes go under contract in 87 days (+11 days vs last year); 20% of listings have had a price cut.
Market temperature
Neutral market
Buyer'sNeutralSeller's

Zillow Market Heat Index: 49/100, #151 hottest of 546 metros. Below 44 favors buyers; above 55 favors sellers.

Home values and rent

Typical home value
Latest $183K
$134K$153K$172K$191K2016201920222025
Typical monthly rent
Latest $1,253
$990$1,086$1,181$1,277202120232025

How fast homes are selling

Days to go under contract
Latest 87
406081101202120232025
Share of listings with a price cut
Latest 20.3%
8.9%13.7%18.4%23.2%20182020202220242026
Homes for sale vs new listings
Latest 761
For saleNew listings
12432251971720182020202220242026

Affordability

Household income needed to buy vs rent
Latest $53K
To buy (20% down)To rent
$33K$41K$49K$57K201620182020202220242026

Source: Zillow Research (ZHVI, ZORI and market activity data).

How Texarkana compares

MeasureTexarkanaUnited StatesRank of 546
Home value, 1-yr change+2.4%+1.2%#255
Home value, 5-yr change+3.4%+19.7%
12-month forecast+1.1%+1.1%#385
Rent, 1-yr change+0.1%+2.7%#518
Gross rent yield8.2%6.3%#42
Price-to-rent ratio12.215.8
Mortgage P&I on typical home$1,008$2,012
Income needed to buy$53,424$100,902
Days to pending8756

Run the numbers

Renting out a property in Texas? See deposit limits, late fee rules and notice periods.

Other Texas metros

Gross yield = 12 × typical rent ÷ typical home value, before expenses. Mortgage estimate: 20% down, 30-year fixed at the current Freddie Mac average, principal and interest only. Forecast: Zillow Home Value Forecast. Data refreshed Oct 26, 2026.