Valley Mills, TX housing market
The typical Valley Mills home is worth about $323,000, up 1.6% in a year, 8% above the Texas typical home.
Home values, sales, trends and how Valley Mills compares with the towns next door — updated as new data is published.
Valley Mills at a glance
Typical home value, 2016–2026
Show as a table
| January | Valley Mills | Texas |
|---|---|---|
| 2017 | $159,000 | $190,000 |
| 2018 | $171,000 | $202,000 |
| 2019 | $186,000 | $214,000 |
| 2020 | $201,000 | $223,000 |
| 2021 | $228,000 | $242,000 |
| 2022 | $287,000 | $286,000 |
| 2023 | $300,000 | $313,000 |
| 2024 | $303,000 | $311,000 |
| 2025 | $319,000 | $311,000 |
| 2026 | $318,000 | $303,000 |
| August 2026 | $323,000 | $299,000 |
5 new homes permitted in 2025
Builders were permitted 5 new homes in Valley Mills in 2025, all single-family houses, worth about $1.5 million to build. That's 4.4 per 1,000 residents, slower than across Texas (8.1). Over the past 10 years, Valley Mills has permitted 17 homes in all.
Homes vs. people, 2010–2020
Between the 2010 and 2020 censuses, Valley Mills gained 26 residents while 7 new homes were permitted: about 3.7 new residents per new home. Population grew faster than building, so existing homes filled up: a sign of tight supply. Across Texas: 2.6 new residents per new home.
Residents: U.S. Census Bureau, 2010 and 2020 censuses. New homes: permits issued 2010–2019.
Show as a table
| Year | New homes | Single-family | 2+ per building | Value |
|---|---|---|---|---|
| 2026 (Jan–Aug) | 3 | 3 | 0 | $895,000 |
| 2025 | 5 | 5 | 0 | $1.5 million |
| 2024 | 1 | 1 | 0 | $303,000 |
| 2023 | 4 | 4 | 0 | $1.1 million |
| 2022 | 1 | 1 | 0 | $325,000 |
| 2021 | 1 | 1 | 0 | $325,000 |
| 2020 | 1 | 1 | 0 | $325,000 |
| 2019 | 1 | 1 | 0 | $325,000 |
| 2018 | 2 | 2 | 0 | $272,000 |
| 2017 | 1 | 1 | 0 | $60,000 |
| 2016 | 0 | 0 | 0 | — |
| 2015 | 0 | 0 | 0 | — |
| 2014 | 3 | 3 | 0 | $265,000 |
| 2013 | 0 | 0 | 0 | — |
| 2012 | 0 | 0 | 0 | — |
| 2011 | 0 | 0 | 0 | — |
| 2010 | 0 | 0 | 0 | — |
| 2009 | 2 | 2 | 0 | $280,000 |
| 2008 | 3 | 3 | 0 | $268,000 |
| 2007 | 0 | 0 | 0 | — |
| 2006 | 3 | 3 | 0 | $262,000 |
| 2005 | 1 | 1 | 0 | $106,000 |
| 2004 | 0 | 0 | 0 | — |
| 2003 | 2 | 2 | 0 | $110,000 |
| 2002 | 2 | 2 | 0 | $85,000 |
| 2001 | 2 | 2 | 0 | $85,000 |
| 2000 | 0 | 0 | 0 | — |
Homes authorized by building permits, counted in the year the permit was issued. U.S. Census Bureau, Building Permits Survey, through August 2026.
6.3 years of income
The typical Valley Mills home costs about 6.3 years of the town's median household income, more than across Texas (3.8 years).
Home value ÷ ACS median household income.
Owners, rent & taxes
U.S. Census Bureau, ACS 2020-2024.
A two-bedroom rents for about $1,240
HUD's Fair Market Rent for a two-bedroom in Valley Mills is $1,240 a month, utilities included: roughly what a modest, recently rented unit costs. Renters already in Valley Mills pay a median of $1,172. A two-bedroom takes about 29% of the town's median household income.
Studio $850 · 4 bedrooms $1,780
U.S. Department of Housing and Urban Development, FY2026 Fair Market Rents by ZIP code (76689; Killeen-Temple, TX HUD Metro FMR Area), 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. New homes: U.S. Census Bureau, Building Permits Survey. Fair Market Rents: U.S. Department of Housing and Urban Development. Listings link to their publishers.