The typical owner-occupied home in Valentine is worth about $83,600, 71% below the Texas median of $283,800 and 75% below the national median of $332,700. Owners pay a median $659 a year in property taxes, about 0.79% of their home's value, lower than the Texas rate of 1.49%. The median household earns $33,398 a year, so the median home costs 2.5 times the median income (3.6 times for Texas). 100% of occupied homes here are lived in by their owners, and 0% of those owners still have a mortgage.
Valentine at a glance
| Valentine | Texas | U.S. | |
|---|---|---|---|
| Median home value | $83,600 | $283,800 | $332,700 |
| Median property tax paid per year | $659 | $4,232 | $3,119 |
| Property tax as a share of value | 0.79% | 1.49% | 0.94% |
| Median household income | $33,398 | $78,476 | $80,734 |
| Homes lived in by their owners | 100% | 63% | 65% |
| Owner homes with a mortgage | 0% | 56% | 61% |
| Median monthly costs, owners with a mortgage | – | $2,106 | $1,963 |
| Median rent | – | $1,403 | $1,413 |
| Median year homes were built | 1950 | 1992 | 1980 |
| Vacant homes | 44.4% | 9.4% | 10.1% |
| Population | 69 | 30,188,424 | 334,922,499 |
What a typical home costs per month in Valentine
At this week's average 30-year rate of 7.11%, buying the median Valentine home of $83,600 with 20% down costs about $540 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $679, 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 $23,133 for the 20%-down payment. That payment is 19% of the median Valentine household income of $33,398; at that income and 20% down, the 28% guideline points to a home of about $121,000.
| Down payment | $16,720 |
|---|---|
| Loan amount | $66,880 |
| Principal and interest | $450 |
| Property taxes (0.79% a year) | $55 |
| Homeowners insurance (our estimate, 0.5% a year) | $35 |
| PMI | $0 |
| Total per month | $540 |
Change the numbers in the calculator
| Down payment | $2,926 |
|---|---|
| Loan amount | $82,086 |
| Principal and interest | $552 |
| Property taxes (0.79% a year) | $55 |
| Homeowners insurance (our estimate, 0.5% a year) | $35 |
| FHA mortgage insurance | $37 |
| Total per month | $679 |
Change the numbers in the calculator
Questions about home buying in Valentine
What is the median home value in Valentine?
About $83,600 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
How much are property taxes in Valentine?
Homeowners pay a median $659 a year, which is about 0.79% 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 Valentine?
For the median home with 20% down at 7.11%, the payment is about $540 a month. Keeping that under 28% of gross income takes about $23,133 a year.
More about Valentine
- Mortgage Refinance in Valentine
- Debt Relief in Valentine
- Home Equity Loans in Valentine
- Guides and quotes for mortgage refinance on our sister site, MortgageRefinance.com
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