The story of this market
The typical home in ZIP 76371 sells for about $117,250, or $86 per square foot.
Homes take about 62 days to sell, which is slow. HUD's fair market rent for a two-bedroom is $1,145 a month.
ZIP 76371 — Munday
The housing market in 76371 is characterized by low inventory and a low median price point, reflecting its rural location in northern Texas. Market activity is limited, with few closed sales reported, suggesting a slow-moving, stable environment.
This ZIP is primarily suited for local residents and those seeking affordable, rural-style housing in northern Texas.
Median prices moved sideways 0.0% year over year.
Homes spend a median of 62 days on market with 0.0 months of supply — a balanced-paced market.
0% of listings have cut prices · homes sell at 0% of asking — demand is holding steady.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) — a stable, low-distress profile.
ZCTA 76371, Munday, TX
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).
Data sourced from U.S. Census Bureau ACS and UnitedStatesZipCodes.org
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.