The story of this market
The typical home in ZIP 79731 sells for about $229,450, or $142 per square foot.
Prices are up +8% from a year ago, so sellers still have some momentum. Homes take about 27 days to sell, which is fast. HUD's fair market rent for a two-bedroom is $1,014 a month.
ZIP 79731 — Crane
The housing market in Crane, TX, shows moderate price growth with limited inventory, reflecting a stable but quiet rural market. Recent data indicates a median sale price of $229,450, driven by local demand in the energy-dependent economy. Market activity remains low, consistent with the area's small population and geographic isolation.
This area is primarily suited for local workers in the energy industry and families seeking a small-town environment in West Texas.
Median prices moved up 8.0% year over year.
Homes spend a median of 27 days on market with 0.0 months of supply — a fast-moving market.
0% 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) — a stable, low-distress profile.
ZCTA 79731, Crane County TX
Local schools include Crane High School, Middle School, and Elementary School, with performance ratings varying significantly across levels.
The local economy is heavily influenced by the energy sector, which drives regional employment and infrastructure needs in West Texas.
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).
The area features local parks and community spaces typical of a rural West Texas town, with limited large-scale commercial shopping districts.
The economy is anchored by the oil and gas industry, which serves as the primary driver for employment and economic activity in Crane County.
Parcels are subject to Crane Independent School District and county-level taxing jurisdictions.
Data sourced from US Census Bureau ZCTA profiles.
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.