The story of this market
The typical home in ZIP 76401 sells for about $294,051, or $178 per square foot.
Prices are roughly flat from a year ago (-0.39%), a market in balance. Homes take about 63 days to sell, which is slow. HUD's fair market rent for a two-bedroom is $1,475 a month.
ZIP 76401 — Stephenville
The Stephenville housing market is currently experiencing a period of stabilization with median sale prices hovering near $294,000. While inventory remains somewhat constrained, the market is showing signs of balance with a 99% sale-to-list ratio and a healthy 4.6 months of supply.
Median prices moved down 0.4% year over year.
Homes spend a median of 63 days on market with 4.6 months of supply — a balanced-paced market.
15% of listings have cut prices · homes sell at 99% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 4.0% · poverty 22.0% — a stable, low-distress profile.
versus the prior ACS vintage
ZCTA 76401, Erath County 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 Data Commons and Census Bureau aggregates for ZCTA 76401.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.