Sulphur Springs, TX home prices
Typical home $255,767 · -3.3% in a year · income needed $73,600
The Sulphur Springs, TX metro area ranks 434 of 894 U.S. metros for home values (U.S. typical home: $366,157). Prices changed -3.3% in a year and -3.5% over five years. With 20% down at 7.11%, the typical home costs about $1,718 a month including 1% property tax (Hopkins County rate).
Mortgage on the typical Sulphur Springs home
| Down payment | Cash down | Loan | Principal + interest | PMI / MIP | Tax + insurance | Total / month | Income needed |
|---|---|---|---|---|---|---|---|
| 20% down | $51,153 | $204,613 | $1,376 | $0 | $342 | $1,718 | $73,600 |
| 10% down | $25,577 | $230,190 | $1,549 | $96 | $342 | $1,986 | $85,100 |
| 5% down | $12,788 | $242,978 | $1,635 | $101 | $342 | $2,078 | $89,000 |
| 3.5% down (FHA) | $8,952 | $251,134 | $1,689 | $113 | $342 | $2,145 | $91,900 |
Assumes a 30-year fixed loan at 7.11%, property tax of 1% 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.
Counties in the Sulphur Springs area
| County | Typical home | 1-yr change | Tax rate |
|---|---|---|---|
| Hopkins County, TX | $255,721 | -3.2% | 1% |
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Frequently asked questions
How much is a house in Sulphur Springs?
The typical home in the Sulphur Springs, TX metro area is worth $255,767 (Zillow, September 2026).
What salary do you need to buy a house in Sulphur Springs?
About $73,600 a year for the typical home with 20% down at 7.11%.