Housing in Tool, TX

Home values, rent, ownership rates, and housing market data

Housing Market Snapshot

Source: Redfin — January 2026

Median Sale Price

$206,500

Median List Price

$200,000

Price Per Sq Ft

$160

Days on Market

175

Active Inventory

37

Months of Supply

9.3

Buyer's market

Zillow Home Value

$263,470

ZHVI — January 2026

Price Trends

Source: Redfin
Sale Price 30.9%List Price 57.4%Mar 24Jan 26

Market Competitiveness

Source: Redfin

Sold Above List

0.0%

Off Market in 2 Weeks

0.0%

Sale-to-List Ratio

97.2%

Buyer's market

Sold Above Asking
0.0%
Under Contract in 2 Wks
0.0%
Listings with Price Drops
16.2%

Market Activity

Source: Redfin

Homes Sold

4

New Listings

4

Pending Sales

4

Homes Sold 75.0%New Listings 80.0%Pending 66.7%Mar 24Jan 26

Price Per Square Foot

Source: Redfin

Median Sale $/SF

$160

Median List $/SF

$189

Sale $/SF 7.5%List $/SF 33.5%Mar 24Jan 26

Tool vs Similar Cities

Source: Census ACS / Redfin (2023)

Compared to cities with under 10,000 residents. Tool is highlighted.

Median Home Value

Median Rent

Median Price Per Sq Ft

Rent Burden

Census Housing Data

Source: U.S. Census Bureau ACS (2023)

Median Home Value

$163,700

Median Rent

$1,120

Total Housing Units

1,699

Vacancy Rate

35.3%

Owner Occupied

87.7%

Renter Occupied

12.3%

Median Property Tax

$2,021

per year

Monthly Cost (w/ Mortgage)

$631

Housing Types

Single Family
73.6%
Multi-Family
3.4%
Mobile Home
23.1%

The current median sale price in Tool, TX is $206,500 according to Redfin data. Homes spend a median of 175 days on the market. 0.0% of homes sold above asking price. The market has 9.3 months of supply. The median price per square foot is $160. The median rent is $1,120 per month (Census ACS). About 87.7% of housing units are owner-occupied. The median year homes were built is 1981. There are 1,699 total housing units.