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Buying a home in Nada, Texas

The typical owner-occupied home in Nada is worth about $161,700, 43% below the Texas median of $283,800 and 51% below the national median of $332,700. Owners pay a median $1,806 a year in property taxes, about 1.12% of their home's value, lower than the Texas rate of 1.49%. 100% of occupied homes here are lived in by their owners, and 15% of those owners still have a mortgage.

Nada at a glance

Nada Texas U.S.
Median home value $161,700 $283,800 $332,700
Median property tax paid per year $1,806 $4,232 $3,119
Property tax as a share of value 1.12% 1.49% 0.94%
Median household income – $78,476 $80,734
Homes lived in by their owners 100% 63% 65%
Owner homes with a mortgage 15% 56% 61%
Median monthly costs, owners with a mortgage – $2,106 $1,963
Median rent – $1,403 $1,413
Median year homes were built 1978 1992 1980
Vacant homes 12.8% 9.4% 10.1%
Population 177 30,188,424 334,922,499

What a typical home costs per month in Nada

At this week's average 30-year rate of 7.11%, buying the median Nada home of $161,700 with 20% down costs about $1,089 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $1,358, because the loan is bigger and FHA adds mortgage insurance.

Lenders usually want housing costs under about 28% of gross income, which means an income of roughly $46,650 for the 20%-down payment.

20% down, 30-year conventional loan
Down payment$32,340
Loan amount$129,360
Principal and interest$870
Property taxes (1.12% a year)$151
Homeowners insurance (our estimate, 0.5% a year)$67
PMI$0
Total per month$1,089

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3.5% down, 30-year FHA loan
Down payment$5,660
Loan amount$158,771
Principal and interest$1,068
Property taxes (1.12% a year)$151
Homeowners insurance (our estimate, 0.5% a year)$67
FHA mortgage insurance$72
Total per month$1,358

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Questions about home buying in Nada

What is the median home value in Nada?

About $161,700 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.

How much are property taxes in Nada?

Homeowners pay a median $1,806 a year, which is about 1.12% of the median home value. Your bill depends on your home's assessed value and local rates.

What income do you need to buy a home in Nada?

For the median home with 20% down at 7.11%, the payment is about $1,089 a month. Keeping that under 28% of gross income takes about $46,650 a year.

More about Nada

Sources: U.S. Census Bureau, American Community Survey 2020–2024 5-year estimates; Freddie Mac Primary Mortgage Market Survey, week of November 12, 2026. Estimates for small places have wide margins of error. About our data