Is Hereford, TX 79045 a buyer’s or seller’s market?
Hereford is a balanced market. With about 5.1 months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.
More competitive than 22% of U.S. ZIP codes, and #369 of 868 in the state.
Based on share sold above original list, sale-to-list ratio, months of supply and days on market for the 3 months ending August 31, 2026. See the breakdown
The Hereford housing market right now
In the three months ending August 31, 2026, 0% of homes in Hereford, TX 79045 sold above their list price, the typical home went under contract in 64 days and there were 5.1 months of supply. Four to six months of supply is a balanced market, where pricing and condition decide how much room there is to negotiate. That’s based on 34 home sales.
Compared with the same period a year earlier, the share selling over asking was about the same (0% then), homes sold faster (73 days then) and the median sale price fell 12% to $189,918. Overall, Hereford is more competitive than a year ago, so tougher for buyers.
On our competition score, Hereford ranks #369 of 868 TX ZIP codes with enough sales (score 27 out of 100).
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Questions about Hereford real estate
Is Hereford a buyer’s or seller’s market?
A balanced market: there were 5.1 months of supply in Hereford, TX 79045 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.
How fast do homes sell in Hereford?
The typical home went under contract in 64 days in the latest three months.
Do homes in Hereford sell over asking?
0% of homes sold above their original list price, and the typical sale closed at 100.0% of the list price.
What are property taxes in Hereford?
About 1.48% of a home’s value a year in Deaf Smith County, or roughly $5,920 on a $400,000 home.
What is the median home price in Hereford?
The median sale price was $189,918 in the three months ending August 31, 2026, about $123 per square foot.
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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology