Why Live in Hereford
Hereford, Texas, known as the "Beef Capital of the World," is a small city in the Texas Panhandle with a population of 14,700. The local economy is driven by meatpacking, dairy production, and grain farming. The area is characterized by its rural and agricultural landscape, with numerous nature preserves and city parks undergoing upgrades. Housing in Hereford primarily consists of slab homes from the 20th century, with some new construction on the south end. The median price for single-family homes is around $205,000. Hereford maintains over 200 acres of parkland, including Dameron Park, and is near attractions like the Buffalo Lake National Wildlife Refuge and Palo Duro Canyon, the second-largest canyon in the U.S. The city hosts annual events such as the Spicer Gripp Memorial rodeo and the Tierra Blanca Classic golf tournament. Major thoroughfares U.S. Highway 60 and U.S. 385 see some traffic congestion at peak times. Hereford ISD serves 3,900 students and boasts high SAT scores. Commercial activity is concentrated along U.S. Highway 60 and downtown, featuring Mexican restaurants, feed stores, and a Wal-Mart Supercenter. Despite occasional flash flooding and seasonal temperature variations, Hereford has seen a decline in violent crime, now below national averages.
Home Trends in Hereford, TX
On average, homes in Hereford, TX sell after 30 days on the market compared to the national average of 70 days. The median sale price for homes in Hereford, TX over the last 12 months is $224,950, down 15% from the median home sale price over the previous 12 months.
Median Sale Price
$224,950
Median Single Family Sale Price
$224,950
Average Price Per Sq Ft
$126
Number of Homes for Sale
8
Last 12 months Home Sales
25
Median List Price
$229,950
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
-15%