Nocona, Texas.
Typical home $225,810 (-0.2% in a year).
to buy the typical home at today's mortgage rate — +$563 (+90%) since Jan 2020.
- 1 year
- Down $533 -0%
- $226,343$225,810 since Sep 2025
- 5 years
- Up $3,709 +2%
- $222,101$225,810 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.
- Nocona$1,185
- Texas$1,556
- United States$1,922
Typical home values in Nocona, TX fell 0.2% over the past year — slower than the nation's +1.2%.
Living in Nocona, Montague County, Texas
Nocona is a city of 3,002 people in Montague County. Half its households earn more than $42,731 a year and half less, against $64,545 across Montague County; 20% of its people live below the poverty line. 76% of its homes are lived in by their owners and 24% are rented. Unemployment in Montague County was 4.6% in August 2026, and the county had 2.1% fewer jobs in 2025 than the year before. The most residents work in schools and health care, then construction.
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 It can be wrong or out of date.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. Nocona is a small city in Montague County, Texas, where most homes are lived in by their owners. Household incomes are well below the county's, and a larger share of residents live in poverty than one might expect. Few adults hold a four-year degree. Winters are mild and brief, with the coldest days in January staying cool rather than harsh, while summers turn hot, especially in August. Rain and melted snow add up to a moderate amount over the year.
Work. Many residents work in schools, hospitals and social care, and in the building trades, with others in farming, forestry and mining or in professional and business services. The largest workplaces in Nocona are Nocona ISD, Nocona General Hospital and Nocona Market Place. Unemployment in the county is slightly lower than a year ago, though the county has fewer jobs than it did the year before. Most people commute a fair distance to work, and very few work from home.
Things to do. Lake Nocona, a reservoir, is a short drive away and is the nearest place to get out on the water. Farther afield, Lake Amon G. Carter is a lake a longer drive away, and the Stonewall Saloon in Saint Jo is a museum, also a longer drive. The Little Wichita River is another longer drive for those who like to spend time along a river.
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- 1,167households
- 16%of adults have a degree
- 20%below the poverty line
- 30 mintypical commute
- 3%work from home
What residents work in
Employed residents by industry, from the Census survey. Montague County had 4,821 jobs in 2025, 2.1% fewer than the year before (Bureau of Labor Statistics).
Weather through the year
Coldest in January, with highs near 54° and lows near 30°; warmest in August, with highs near 96° and lows near 72°. About 35 inches of rain and melted snow a year.
Average daily high and low, 1991–2020, at the Bonita 7NW weather station, 2 miles away (NOAA).
Largest workplaces in Nocona
- Nocona ISDSchool district148FTE
- Nocona General HospitalGeneral hospital89FTE
- Nocona Market PlaceGrocery stores33
Staff on average in 2025, as each workplace reported it to OSHA with its injury records: 1 workplace with 20 or more staff, 33 people in all. 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
- DroughtVery high
- Ice stormsRelatively high
- Strong windRelatively high
- TornadoesRelatively high
- Heat wavesRelatively high
- WildfireRelatively moderate
FEMA’s National Risk Index (December 2025) rates the risk each natural hazard poses to the people, buildings and farms in Nocona’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 Montague County.
Nocona home values
Zillow measures a city over its municipal boundary. Against the state and national figures, mid-tier homes, smoothed and seasonally adjusted.
- Nocona$225,810
- Texas$296,424
- United States$366,157
Sellers are cutting prices on about 1 in 5 Nocona listings — the market is roughly in balance.
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.
- Nocona19.58%
- United States26.90%
Homes for sale
Active for-sale inventory. More supply hands power to buyers.
- Nocona61
New listings per month
Sellers arriving at the market.
- Nocona10
Zip codes with a Nocona address
A different geography, not a breakdown. The figure above covers the municipality; these zips cover everywhere the Post Office calls Nocona — often including townships beyond the city limits. Both come straight from Zillow, and they are not expected to average out.