Nocona, TX housing market
The typical Nocona home is worth about $224,000, down 1% in a year, 25% below the Texas typical home.
Home values, sales, trends and how Nocona compares with the towns next door — updated as new data is published.
Nocona at a glance
Typical home value, 2016–2026
Show as a table
| January | Nocona | Texas |
|---|---|---|
| 2017 | $142,000 | $190,000 |
| 2018 | $141,000 | $202,000 |
| 2019 | $153,000 | $214,000 |
| 2020 | $169,000 | $223,000 |
| 2021 | $193,000 | $242,000 |
| 2022 | $235,000 | $286,000 |
| 2023 | $246,000 | $313,000 |
| 2024 | $228,000 | $311,000 |
| 2025 | $227,000 | $311,000 |
| 2026 | $231,000 | $303,000 |
| August 2026 | $224,000 | $299,000 |
5.2 years of income
The typical Nocona home costs about 5.2 years of the town's median household income, more than across Texas (3.8 years).
How Nocona ranks on affordability →
Home value ÷ ACS median household income.
Owners, rent & taxes
U.S. Census Bureau, ACS 2020-2024.
A two-bedroom rents for about $990
HUD's Fair Market Rent for a two-bedroom in Nocona is $990 a month, utilities included: roughly what a modest, recently rented unit costs. Renters already in Nocona pay a median of $736, so moving in tends to cost more than staying put. A two-bedroom takes about 28% of the town's median household income.
Studio $760 · 4 bedrooms $1,480
U.S. Department of Housing and Urban Development, FY2026 Fair Market Rents by ZIP code (76255; Montague County, TX), weighted by land area. A Fair Market Rent is the 40th-percentile rent plus utilities for a standard unit. Median rent: U.S. Census Bureau, American Community Survey.
Home values: Zillow Home Value Index (ZHVI), Zillow Research, August 2026. Sales, days on market and supply: Redfin Data Center. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. Fair Market Rents: U.S. Department of Housing and Urban Development. Listings link to their publishers.