The story of this market
The typical home in ZIP 79041 sells for about $165,000, or $108 per square foot.
Prices are up +3.1% from a year ago, so sellers still have some momentum. Homes take about 82 days to sell, which is slow. HUD's fair market rent for a two-bedroom is $587 a month.
ZIP 79041 — Hale Center
The housing market in 79041 remains stable with low inventory and modest price appreciation. Activity is driven by local demand and the affordability of the area compared to larger nearby cities.
This ZIP is best suited for families and individuals seeking an affordable, quiet small-town lifestyle with easy access to larger regional hubs for work and services.
Median prices moved up 3.1% year over year.
Homes spend a median of 82 days on market with 5.2 months of supply — a balanced-paced market.
12% 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 7.0% · poverty 16.0% — a mixed stability 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 7.6%/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 5.8%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
in-migration and out-migration balanced
ZCTA 79041, Hale County TX
Crime rates in Hale Center are generally low and consistent with rural West Texas trends, though specific localized data is limited.
The area is served by Hale Center ISD, which provides a small-town educational environment with a focus on community-integrated learning.
The region faces moderate risks related to wind and hail common to the Texas Panhandle, with standard insurance requirements for residential properties.
Economic momentum is driven primarily by regional agriculture and proximity to the larger Plainview employment hub, with limited new large-scale commercial development.
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 Plainview or Lubbock for major employment centers via I-27.
Local amenities include small community parks and proximity to regional outdoor activities in the surrounding High Plains area.
The rental market is characterized by limited inventory and steady demand from local workers, with few large-scale multi-family developments.
The local economy is heavily anchored in the agricultural sector, with support services and retail concentrated in nearby Plainview.
Transportation is dominated by private vehicle use, with I-27 serving as the primary arterial corridor for regional connectivity.
Development is currently focused on small-scale residential maintenance and local infrastructure improvements.
The Hale County Appraisal District manages property assessments, adhering to state-mandated market value standards.
Parcels are subject to Hale Center ISD and county-level taxing authorities, with no major MUDs reported.
Property insurance premiums are influenced by regional weather patterns, including wind and hail risk profiles typical of the Texas Panhandle.
Data retrieved from US Census Bureau ACS tables for ZCTA 79041.
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.
Local community park providing green space and recreational facilities.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.