The story of this market
The typical home in Plainview, Texas sells for about $174,000, or $103 per square foot.
Prices are up +4.5% from a year ago, so sellers still have some momentum. Homes take about 91 days to sell, which is slow. HUD's fair market rent for a two-bedroom is $950 a month.
Monthly price momentum
Home values since 2015
+1.1%
TX · past 12 months
Freddie Mac House Price Index, single-family homes, monthly through 2026-08. Each line starts at 100 in January 2015, so a reading of 180 means prices are up 80% since then.
Plainview, Texas
The Plainview housing market is currently stable, characterized by modest price growth and a limited inventory of homes. Demand is driven by local employment in education and agriculture, though the city faces long-term population decline trends. Market liquidity remains moderate, with homes selling at a steady pace relative to the regional average.
No ARED county foreclosure postings attributed to Plainview yet — the verified ledger covers every county the foreclosure ingest has read, attributed by published city area. Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.
Median prices moved up 4.5% year over year.
Homes spend a median of 91 days on market with 4.2 months of supply — a balanced-paced market.
15% of listings have cut prices · homes sell at 96.5% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 5.8% · poverty 24.0% — a mixed stability profile.
The amenity base that shapes daily life and property demand in this city — what residents actually live with, and what the pipeline is adding.
A private university that serves as a major cultural and economic anchor for the city, providing educational opportunities and hosting community events.
A central recreational space offering green space, walking paths, and facilities for community gatherings, supporting local quality of life.
Provides golf and social amenities for residents, serving as a key recreational hub for the local community.
An ongoing initiative aimed at improving the aesthetic and commercial appeal of the city center to attract new businesses and residents.
Plainview is well-suited for families seeking an affordable cost of living, employees of local anchor institutions like Wayland Baptist University, and retirees looking for a quiet, community-focused environment. It offers a stable, small-town lifestyle with essential services and regional connectivity.
Plainview ISD serves the majority of the city, offering a range of public education options. The district is characterized by a high percentage of economically disadvantaged students and ongoing efforts to improve academic performance metrics.
The city is served by major highway corridors that facilitate regional transport, though public transit options are limited. Most residents rely on personal vehicles for daily commuting.
Plainview offers a variety of local amenities including the Plainview Regional Park and access to the Plainview Country Club. The city serves as a regional hub for shopping and dining, with ongoing efforts to revitalize the downtown area for community engagement.
The rental market in Plainview is characterized by steady demand from students and local workforce members. Vacancy rates remain relatively low, and the market is primarily composed of long-term residential rentals with limited short-term rental activity.
The economy is anchored by agriculture, food processing, and education, with Wayland Baptist University serving as a primary employer. The city maintains a stable economic base with a focus on regional service provision.
Economic momentum is driven by the agricultural sector, food processing, and the presence of Wayland Baptist University. Infrastructure development is focused on maintaining regional connectivity and supporting local industrial expansion.
Development planning is currently centered on downtown improvements and the maintenance of existing municipal infrastructure to support the current population.
Parcels in Plainview are subject to taxation by the city, Hale County, and Plainview ISD, with additional potential levies from regional hospital or water districts.
Crime rates in Plainview are generally consistent with regional averages for West Texas agricultural hubs. Local law enforcement reports stable trends, though property crime remains the primary focus of community safety initiatives.
The area faces moderate risks related to wind and occasional severe weather typical of the Texas Panhandle. Flood risk is generally low, though localized drainage issues can occur during heavy rainfall events.
Property insurance premiums in the region are influenced by exposure to severe weather events, including wind and hail, which are common in the Texas Panhandle.
Composed from the ARED governance burden registry — tier-native tax structure (state + county + city + special districts), never averaged. State (Texas) — Senior (65+) and Disabled Homestead Exemption and School Tax Ceiling: Grants an additional mandatory $10,000 exemption from ISD appraised value (Taxable Value_ISD = Appraised Value - $100,000 - $10,000) and establishes an absolute statutory tax freeze (school tax ceiling): total ISD property taxes cannot exceed the dollar ceiling established in the… State (Texas) — General Residence Homestead Exemption and 10% Valuation Growth Cap: Imposes mandatory state-level valuation deductions and growth limitations on the qualifying homestead: (1) Mandates a $100,000 deduction from appraised value for independent school district (ISD) maintenance and operations/debt taxation: Taxable Value_ISD = Appraised Value - $100… State (Texas) — Ad Valorem Real Property Taxation and Assessment Ratio: Mandates ad valorem appraisal of all real property at 100% of fair market value as of January 1 each tax year (Assessment Ratio = 1.00).
Researched annual trajectory for this city, from published historical series
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 5.3%/yr trend — a deterministic estimate, not a published forecast or guarantee.
Data retrieved from U.S. Census Bureau QuickFacts and ACS 5-year estimates.
Public schools whose reported address is in this area (NCES). Not attendance boundaries — schools that serve residents may sit outside it. Check the district's address locator for assignment. Source: NCES EDGE public school locations 2023-24.