The story of this market
The typical home in ZIP 79314 sells for about $209,999, or $115 per square foot.
Prices are down 11.36% from a year ago, which gives buyers more room to negotiate. Homes take about 88 days to sell, which is slow. HUD's fair market rent for a two-bedroom is $1,150 a month.
ZIP 79314 — Anton
The housing market in 79314 is experiencing a cooling trend with a notable year-over-year decline in median listing prices. Limited inventory and low sales volume reflect the rural nature of the area, where market activity is driven by local agricultural economic conditions rather than speculative growth.
This ZIP is best suited for local agricultural workers, retirees, or those seeking a quiet, low-cost rural lifestyle in West Texas.
Median prices moved down 11.4% year over year.
Homes spend a median of 88 days on market with 6.0 months of supply — a balanced-paced market.
15% of listings have cut prices · homes sell at 100% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 5.8% · poverty 19.4% — 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 5.9%/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 5.0%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
net outflow — more people moved out than in
ZCTA 79314, Terry County TX
Schools in the area are primarily served by the Brownfield Independent School District, which provides standard public education for the rural community.
The area is subject to standard West Texas climate risks, including high wind events and occasional drought conditions; flood risk is generally low.
Economic momentum is tied to the agricultural sector and regional energy production, 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 traveling to nearby Brownfield or Lubbock for employment and major services.
Recreational opportunities are limited, consisting primarily of local community parks and proximity to rural open spaces.
The rental market is characterized by very low inventory and limited turnover, with most housing stock being owner-occupied.
The economy is heavily reliant on agriculture, specifically cotton farming, and regional oil and gas operations.
Transportation is exclusively via regional highway networks; no public transit infrastructure exists.
No major commercial or residential developments are currently reported for this rural ZIP code.
The Terry County Appraisal District manages property assessments for all parcels within the county.
Parcels are subject to Terry County, Brownfield ISD, and regional hospital district taxes.
Property insurance premiums are influenced by regional exposure to severe weather, including hail and wind damage.
Texas follows a non-judicial foreclosure process with relatively short notice periods for borrowers.
Texas law requires sellers to provide a written disclosure notice regarding the condition of the property.
Data retrieved from data.census.gov ZCTA-level tables.
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 green space.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.