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Lefors

Learn about the people, housing, costs and businesses in Lefors, Texas

Median Home$121,600
Median Rent$685/month
Population434
Leading IndustriesAgriculture & Mining · Manufacturing · Construction25% agriculture & mining
Home Value Growth⬆⬆+15.3% over 2 years
Young Adults31% of residentsabove average nationally
Homeowners82% of occupied units
NotableAffordable Market$122k median home · lower cost than 84% of the country
NotableVeteran Community9% of residents · top 22% nationally
Lefors
TX

Frequently Asked Questions

What are today's mortgage rates in Lefors?

As of today, the 30-year fixed mortgage rate for Lefors is approximately 6.946% (6.984% APR). Rates vary based on your credit score, loan type, down payment, and other factors. Safe Rate updates rates daily using live investor pricing.

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What is the median home price in Lefors?

The median home value in Lefors is $122k. The median monthly rent is $685. Annual property taxes average $2k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Lefors?

Home values in Lefors have increased 15.3% over the past two years. This indicates a strong appreciation trend. This data is sourced from the Federal Housing Finance Agency (FHFA) House Price Index.

How much income do you need to buy a home in Lefors?

Based on a typical all-in ownership cost of $780/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $33k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Lefors is $78k/year.

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What industries drive the economy in Lefors?

The largest employment sectors in Lefors are agriculture and mining (25%) and construction (17%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.