Lipan, Texas.
Typical home $503,812 (+1.4% in a year). Granbury, TX metro.
to buy the typical home at today's mortgage rate — +$1,486 (+128%) since Jan 2020.
- 1 year
- Up $7,158 +1%
- $496,654$503,812 since Sep 2025
- 5 years
- Up $103,837 +26%
- $399,975$503,812 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.
- Lipan$2,644
- Texas$1,556
- United States$1,922
At the last five years' pace, a typical home here doubles in price every 15 years.
Typical home values in Lipan, TX rose 1.4% over the past year — faster than the nation's +1.2%.
Living in Lipan, Hood County, Texas
Lipan is a city of 505 people in Hood County. 85% of its homes are lived in by their owners and 15% are rented. Unemployment in Hood County was 4.7% in August 2026, and the county had 1.3% more jobs in 2025 than the year before. The most people in Hood County work in schools and health care, then shops.
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 It can be wrong or out of date.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. Lipan is a very small Texas city, and nearly everyone who lives here owns their home. Typical home values run well above what many people expect for a place this size. Winters are mild and brief, with January the coldest month, while summers are long and hot, with July the warmest. Rain and the occasional melted snow add up to a moderate amount over the year.
Work. Many residents work in schools, hospitals and social care, in shops, in the building trades, and in professional and business services. Across Hood County, some of the largest workplaces are Granbury ISD, Lake Granbury Medical Center and Walmart. Fewer adults here hold a four-year degree than is common nationally, and only a small number of people work from home.
Things to do. A short drive brings you to Palo Pinto Creek and Worser Creek, small waterways for time outdoors. A longer drive leads to Dinosaur Valley State Park, a protected area along the Paluxy River, and to Chandor Gardens, a park for slower walks.
Report a mistake
- 138households
- 23%of adults have a degree
- 9%work from home
What people in Hood County work in
Employed residents by industry, from the Census survey. Hood County had 18,782 jobs in 2025, 1.3% more than the year before (Bureau of Labor Statistics).
Weather through the year
Coldest in January, with highs near 57° and lows near 31°; warmest in July, with highs near 96° and lows near 74°. About 35 inches of rain and melted snow a year.
Average daily high and low, 1991–2020, at the Granbury 5N weather station, 14 miles away (NOAA).
Largest workplaces in Hood County
- Granbury ISDSchool district1,121FTE
- Lake Granbury Medical CenterGeneral hospital566FTE
- WalmartWarehouse clubs and supercenters396
- H-E-BRetail375
- Propell AmericanOil and gas field-type drilling machinery and equipment manufacturing215
- Granbury Care CenterNursing homes146
- Culberson ConstructionOil and gas pipeline141
- Kroger Texas LP Dallas KMASupermarkets and other grocery except convenience stores132
Staff on average in 2025, as each workplace reported it to OSHA with its injury records: 35 workplaces with 20 or more staff, 2,765 people in all across the county; Lipan has one of its own. School districts come from the Common Core of Data (NCES, 2023–24) and hospitals from their Medicare cost reports (CMS, 2023); 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
- TornadoesVery high
- WildfireRelatively high
- Cold wavesRelatively high
- HailRelatively high
- LightningRelatively high
- DroughtRelatively moderate
FEMA’s National Risk Index (December 2025) rates the risk each natural hazard poses to the people, buildings and farms in Lipan’s census tracts, against the rest of the country; all of them together, relatively moderate. 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 Hood County and the Granbury, TX metro.
Lipan home values
Zillow measures a city over its municipal boundary. Against the state and national figures, mid-tier homes, smoothed and seasonally adjusted.
- Lipan$503,812
- Texas$296,424
- United States$366,157
Sellers are cutting prices on about 1 in 4 Lipan listings — 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.
- Lipan27.31%
- United States26.90%
Homes for sale
Active for-sale inventory. More supply hands power to buyers.
- Lipan44
New listings per month
Sellers arriving at the market.
- Lipan10
Zip codes with a Lipan address
A different geography, not a breakdown. The figure above covers the municipality; these zips cover everywhere the Post Office calls Lipan — often including townships beyond the city limits. Both come straight from Zillow, and they are not expected to average out.