68Alpha

Hereford, TX metro area Housing Market Brief

metro · as of May 2026

Seller's

What is Hereford, TX metro area’s Alpha Score?

The Alpha Score is a composite 0–100 index of market strength, a weighted blend of five dimensions. See the methodology.

Price Momentum20%
-2.351
Inventory Health25%
-13.160
Affordability20%
93
Economic Strength20%
No data
50
Rental Yield15%
97

Where is Hereford, TX metro area in its market cycle?

EmergingGrowingMaturePeakingDecliningRecovering

Hereford, TX metro area is classified as Matureholding near a healthy peak. This is a classification of recent (1–12 month) momentum, not a price forecast.

Hereford, TX metro area housing market data

MetricValueYoY
Median Sale Price$145K-19.4%
Median Days on Market28 days-62.7%
Months of Supply7.0-14.6%
Homes for Sale63-14.9%
Homes Sold90%
Median Price / Sq Ft$125-3.5%
Sale-to-List Ratio98.4%

How has Hereford, TX metro area’s Alpha Score moved?

Now: 68
4-period trend
Median sale price · 12 mo

Markets like Hereford, TX metro area

Frequently asked questions

Is Hereford, TX metro area a buyer's or seller's market?

As of May 2026, Hereford, TX metro area is classified as a Seller's Market, based on its Alpha Score of 68 out of 100. The classification reflects current price, inventory, affordability, economic, and rental-yield conditions.

Are home prices rising or falling in Hereford, TX metro area?

The median sale price in Hereford, TX metro area is $145K, having fallen 19.4% over the past year.

How affordable is Hereford, TX metro area?

Hereford, TX metro area scores 93 out of 100 on affordability — relatively affordable relative to local incomes and prevailing mortgage rates compared with other metros.

What's driving Hereford, TX metro area's Alpha Score?

Hereford, TX metro area's strongest dimension is Rental Yield (97/100) and its weakest is Economic Strength (50/100). The Alpha Score is a weighted blend of all five dimensions.

Want the live, interactive view of Hereford, TX metro area? Open the full market dashboard — charts, ZIP-level drill-down, and watchlist tracking. Explore the map or read the methodology.