The median home in Gorman, Texas is valued at $125,526, up 2.4% year over year.

Home Value$125,526

+2.4%

Prices rising — worse for buyers.

Affordability

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Income (annual)

Down Payment

$25,105 on $125,526

Example: $75,000 household income. Change it above to see your own.

Affordable17.2% of income

Under the 28% guideline.

PITI$1,073

P/I17.2%

Afford$205K

Room+$79K

P&I $635Tax $188Ins $250

6.50% 30yr, 20% down, county tax + TX ins. 28% per HUD.

Other cities in Texas

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Gorman, TX