Aledo, Texas.
Typical home $541,874 (-1.2% in a year), asking rent $2,683 (+6.6%). Dallas-Fort Worth-Arlington, TX metro.
to buy the typical home at today's mortgage rate — +$1,424 (+100%) since Jan 2020.
- 1 year
- Down $6,718 -1%
- $548,592$541,874 since Sep 2025
- 5 years
- Up $71,918 +15%
- $469,956$541,874 since Sep 2021
Monthly payment to buy the typical home
Home value × that month's 30-year mortgage rate, 20% down, principal and interest. This is the line households feel: prices and rates compound each other.
- Aledo$2,844
- Texas$1,556
- United States$1,922
At the last five years' pace, a typical home here doubles in price every 24 years.
Typical home values in Aledo, TX fell 1.2% over the past year — slower than the nation's +1.2%.
Asking rents in Aledo, TX rose 6.6% over the past year — faster than the nation's +2.7%.
Owning the typical home in Aledo runs $1,371/mo more than renting one. The gap peaked at $1,774 in May 2024.
That is $4,055 a month against $2,683 rent: a $2,844 mortgage payment, plus $631 property tax and $580 insurance & upkeep.
Owning vs renting — Aledo
The owning line is the typical home's monthly payment at that month's rate, plus property tax and insurance & upkeep; the renting line is the typical asking rent; the grey line is the mortgage payment on its own. Same homes, same months, both ways of paying for a roof.
- Owning all in$4,055
- Renting$2,683
- Mortgage only$2,844
Property tax · $631/mo 1.40% of value a year — the ACS 2020-2024 median bill over the median home value for Parker County, TX
Insurance & upkeep · $580/mo insurance, maintenance and repairs together, from the BLS Consumer Expenditure Survey — the national figure for mortgaged homeowners, scaled to this market's home value. BLS publishes the three bundled and they cannot be split.
Both are priced off the same month's home value, so they rise with the market. Neither is a quote — a specific home's bill depends on its assessment, its age and its insurer.
Living in Aledo, Parker County, Texas
Aledo is a city of 4,858 people in Parker County. Half its households earn more than $163,231 a year and half less, against $104,443 across Parker County; 3% of its people live below the poverty line. 88% of its homes are lived in by their owners and 12% are rented. Unemployment in Parker County was 3.8% in August 2026, and the county had 3.3% more jobs in 2025 than the year before. The most residents work in schools and health care, then manufacturing.
Written by AI Claude Sonnet 5.5 wrote this on 23 October 2026 from the figures here, a list of nearby places and what it knows. It can be wrong or out of date.
What it’s like
The place. Aledo is a small city in Parker County, and nearly everyone who lives there owns their home. Household incomes run well above the county's, and very few residents live below the poverty line. Most adults hold a four-year degree, and the median age is on the younger side. Winters are mild and short, with the coldest days in January, while summers are hot, with August the warmest month, and the year brings a moderate amount of rain.
Work. Many residents work in schools, hospitals and social care, with others in manufacturing, the building trades, and professional and business services. Among the largest workplaces in Aledo are Aledo ISD, Tri-County Electric Cooperative Inc. - Aledo, and Harvest of Aledo. The commute is a fairly long one, and a share of residents work from home. Across Parker County, unemployment has held steady over the past year, and the number of jobs has grown.
Things to do. Lake Weatherford, a reservoir, is a short drive away. The Amon Carter Museum of American Art and the Fort Worth Zoo are both a longer drive away, and the Fort Worth Botanic Garden is another longer trip for anyone who likes to wander among plants.
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- 1,779households
- 57%of adults have a degree
- 3%below the poverty line
- 29 mintypical commute
- 17%work from home
What residents work in
Employed residents by industry, from the Census survey. Parker County had 42,861 jobs in 2025, 3.3% more than the year before (Bureau of Labor Statistics).
Weather through the year
Coldest in January, with highs near 56° and lows near 32°; warmest in August, with highs near 95° and lows near 72°. About 35 inches of rain and melted snow a year.
Average daily high and low, 1991–2020, at the Weatherford weather station, 10 miles away (NOAA).
Largest workplaces in Aledo
- Aledo ISDSchool district922FTE
- Tri-County Electric Cooperative Inc. - AledoDistribution of electric power125
- Harvest of AledoAssisted-living facilities without on-site nursing care facilities61
Staff on average in 2025, as each workplace reported it to OSHA with its injury records: 2 workplaces with 20 or more staff, 186 people in all. School districts come from the Common Core of Data (NCES, 2023–24); FTE marks full-time equivalent staff. Not listed: many offices and banks, which need not report to OSHA; military bases, whose staff OPM withholds; and, in about half the states, city and county governments.
Natural hazards
- TornadoesRelatively high
- Wildfirerelatively high in parts of AledoRelatively moderate
- HailRelatively moderate
- Heat wavesRelatively moderate
- Cold wavesRelatively moderate
FEMA’s National Risk Index (December 2025) rates the risk each natural hazard poses to the people, buildings and farms in Aledo’s census tracts, against the rest of the country; all of them together, relatively low. It is meant for planning, not a substitute for a local risk assessment or a flood map: FEMA’s index.
From the U.S. Census Bureau’s 2020 census and its American Community Survey (2020–2024 five-year estimates), and the Bureau of Labor Statistics. A survey, so each figure has a margin of error, and figures it is not sure of are left out. More on Parker County and the Dallas-Fort Worth-Arlington, TX metro.
Aledo home values
Zillow measures a city over its municipal boundary. Against the state and national figures, mid-tier homes, smoothed and seasonally adjusted.
- Aledo$541,874
- Texas$296,424
- United States$366,157
Levy by levy, and a check of one home’s own bill, the site covers Ohio’s property tax.
Sellers are cutting prices on about 1 in 3 Aledo listings, and the typical home goes pending in 40 days — the market is heating up.
When this market ran hot
Each cell is that month's year-on-year home-value growth. Read left to right, top row is the latest year — the 2021–22 band is the boom.
Market heat, inside the city limits
Share of listings with a price cut
The early-warning dial: sellers cut when buyers stop reaching. Rising cuts cool a market months before prices notice.
- Aledo34.97%
- United States26.90%
Days to pending
How long the typical listing takes to go under contract.
- Aledo40
- United States27
Homes for sale
Active for-sale inventory. More supply hands power to buyers.
- Aledo216
New listings per month
Sellers arriving at the market.
- Aledo43
Median sale price
What buyers actually paid — closed sales, not asking prices.
- Aledo$541,954
- United States$371,407
Sale-to-list ratio
Above 100%, homes sell over asking; below, buyers negotiate wins.
- Aledo98.25%
Zip codes with a Aledo address
A different geography, not a breakdown. The figure above covers the municipality; these zips cover everywhere the Post Office calls Aledo — often including townships beyond the city limits. Both come straight from Zillow, and they are not expected to average out.