The story of this market
The typical home in ZIP 79009 sells for about $113,500, or $85 per square foot.
Prices are up +2.5% from a year ago, so sellers still have some momentum. Homes take about 90 days to sell, which is slow. HUD's fair market rent for a two-bedroom is $973 a month.
ZIP 79009 — Bovina
The housing market in 79009 remains stable with low transaction volume and modest price appreciation. Market conditions are driven by the local agricultural economy, resulting in limited inventory and slow turnover.
This ZIP is best suited for families and individuals seeking a quiet, rural lifestyle with a low cost of living, primarily those employed in the local agricultural sector.
Median prices moved up 2.5% year over year.
Homes spend a median of 90 days on market with 7.5 months of supply — a slower-moving market.
10% of listings have cut prices · homes sell at 96% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 1.5% · poverty 13.6% — a stable, low-distress profile.
Researched annual trajectory for this ZIP, from published historical series
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 3.3%/yr trend — a deterministic estimate, not a published forecast or guarantee.
Median annual property tax paid on this ZIP's residential parcels
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 4.1%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
in-migration and out-migration balanced
ZCTA 79009, Parmer County TX
The area is served by Bovina Independent School District, which provides local public education for the community.
The region is subject to high wind events and occasional severe weather typical of the Texas Panhandle, with standard insurance requirements for residential properties.
The local economy is primarily driven by agriculture and agribusiness, with limited large-scale industrial development in the immediate vicinity.
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).
Commuting is primarily car-dependent, with residents typically traveling to nearby regional hubs for employment and major services.
Recreational opportunities are limited, consisting primarily of local community parks and small-town amenities within the immediate vicinity.
The rental market is characterized by low inventory and modest demand, primarily serving local agricultural workers and families.
The economy is heavily reliant on the agricultural sector, including farming and livestock operations, which serve as the primary employers for the region.
No major large-scale commercial or residential developments are currently reported for this rural ZIP code.
Parcels are subject to Bovina ISD and Parmer County tax jurisdictions.
Property insurance premiums are influenced by regional exposure to wind and hail, typical of the Texas Panhandle.
Data retrieved from data.census.gov ZCTA 79009 profile.
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.
- St. Bernard Farms and Corn Maze4.315.5 mi
- Curry County Fairgrounds4.318.4 mi
- The Java Loft4.718 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
Local community park providing basic outdoor space.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.