Tyler, TX home prices
Typical home $267,833 · -0.3% in a year · income needed $78,700
The Tyler, TX metro area ranks 400 of 894 U.S. metros for home values (U.S. typical home: $366,157). Prices changed -0.3% in a year and +21.3% over five years. With 20% down at 7.11%, the typical home costs about $1,835 a month including 1.16% property tax (Smith County rate).
Mortgage on the typical Tyler home
| Down payment | Cash down | Loan | Principal + interest | PMI / MIP | Tax + insurance | Total / month | Income needed |
|---|---|---|---|---|---|---|---|
| 20% down | $53,567 | $214,266 | $1,441 | $0 | $394 | $1,835 | $78,700 |
| 10% down | $26,783 | $241,050 | $1,622 | $100 | $394 | $2,116 | $90,700 |
| 5% down | $13,392 | $254,441 | $1,712 | $106 | $394 | $2,212 | $94,800 |
| 3.5% down (FHA) | $9,374 | $262,982 | $1,769 | $118 | $394 | $2,281 | $97,800 |
Assumes a 30-year fixed loan at 7.11%, property tax of 1.16% 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 Tyler area
| County | Typical home | 1-yr change | Tax rate |
|---|---|---|---|
| Smith County, TX | $267,840 | -0.3% | 1.16% |
What can you afford in Texas on your salary? · Texas home prices · Salaries in Texas
Frequently asked questions
How much is a house in Tyler?
The typical home in the Tyler, TX metro area is worth $267,833 (Zillow, September 2026).
What salary do you need to buy a house in Tyler?
About $78,700 a year for the typical home with 20% down at 7.11%.