Midland County, Texas home prices
Typical home $329,884 · +1.7% in a year · property tax 1.23%
The typical home in Midland County is worth $329,884, 11% more than the Texas typical home ($296,424). Values changed +1.7% in the past year and +16.7% over five years. Homeowners here pay a median 1.23% of their home's value in property tax each year ($4,043 on the typical home), versus 1.32% statewide.
Mortgage on the typical Midland County home
| Down payment | Cash down | Loan | Principal + interest | PMI / MIP | Tax + insurance | Total / month | Income needed |
|---|---|---|---|---|---|---|---|
| 20% down | $65,977 | $263,907 | $1,775 | $0 | $502 | $2,277 | $97,600 |
| 10% down | $32,988 | $296,896 | $1,997 | $124 | $502 | $2,623 | $112,400 |
| 5% down | $16,494 | $313,390 | $2,108 | $131 | $502 | $2,741 | $117,500 |
| 3.5% down (FHA) | $11,546 | $323,909 | $2,179 | $146 | $502 | $2,827 | $121,100 |
Assumes a 30-year fixed loan at 7.11%, property tax of 1.23% of the home value a year, homeowners insurance of 0.6% a year, PMI of 0.5% of the loan a year when the down payment is under 20%, and FHA mortgage insurance of 0.55% a year plus a 1.75% upfront premium added to the loan. Your rate, taxes and insurance will differ.
What it takes: see what you can afford by salary in Texas · part of the Midland metro area.
Texas counties with similar prices
| County | Typical home | 1-yr change | Tax rate |
|---|---|---|---|
| Bandera County | $328,128 | -2.5% | 0.88% |
| Brazoria County | $323,788 | -1.3% | 1.66% |
| Johnson County | $336,224 | -1.1% | 1.24% |
| Erath County | $338,569 | -0.2% | 1.07% |
| Montgomery County | $340,504 | -1.4% | 1.52% |
| Tarrant County | $318,481 | -0.8% | 1.65% |
| Cooke County | $318,246 | -0.8% | 1.19% |
| Medina County | $317,400 | -2.3% | 1.32% |
| Galveston County | $316,541 | -1.1% | 1.41% |
| Mason County | $344,398 | -0.5% | 0.84% |
Frequently asked questions
What is the average home price in Midland County, TX?
The typical home value in Midland County is $329,884 (Zillow Home Value Index, September 2026).
How much do you need to earn to buy a house in Midland County?
About $97,600 a year for the typical home with 20% down at a 7.11% 30-year rate.
What is the property tax rate in Midland County?
The median effective rate is 1.23% of home value a year (Census ACS 2024 5-year estimates).