The story of this market
The typical home in ZIP 79070 sells for about $135,300, or $115 per square foot.
Prices are up +2.1% from a year ago, so sellers still have some momentum. Homes take about 88 days to sell, which is slow. HUD's fair market rent for a two-bedroom is $950 a month.
ZIP 79070 — Perryton
The housing market in 79070 remains stable, characterized by modest price appreciation and low inventory levels typical of a rural Texas market. Demand is largely driven by the local energy and agricultural sectors, keeping the market balanced despite broader national economic shifts.
This ZIP is best suited for families and workers in the energy or agricultural sectors who value a quiet, small-town lifestyle in the Texas Panhandle.
Median prices moved up 2.1% year over year.
Homes spend a median of 88 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 3.8% · poverty 12.5% — a stable, low-distress 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 2.9%/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 2.9%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
ZCTA 79070, Ochiltree County TX
Crime rates in Perryton are generally low compared to national averages, with property crime being the primary concern in this rural Texas Panhandle community.
The area is served by Perryton ISD, which is generally regarded as a stable district providing essential educational services for the local population.
The region faces risks primarily from severe weather, including high winds, hail, and occasional tornado activity common to the Texas Panhandle.
The local economy is heavily anchored by the energy sector, particularly oil and gas production, alongside significant agricultural operations.
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).
Commutes are primarily local within Perryton, with limited transit options necessitating personal vehicle ownership for regional travel.
Local amenities include public parks, community sports facilities, and proximity to regional outdoor recreation areas typical of the High Plains.
The rental market is characterized by limited inventory and steady demand driven by the energy and agricultural workforce.
The economy is driven by oil and gas extraction and large-scale agricultural production, which serve as the primary employment anchors.
Transportation is dominated by highway access via US-83 and US-60, serving as the primary corridors for regional logistics and commuting.
Development is primarily focused on maintenance of existing infrastructure and small-scale residential improvements.
The Ochiltree County Appraisal District manages property assessments for all taxing jurisdictions within the county.
Parcels are subject to Perryton ISD taxes and Ochiltree County general and hospital district levies.
Property insurance premiums are influenced by the region's high exposure to wind and hail damage.
Data retrieved from US Census Bureau 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.
Central community green space with recreational facilities.
Regional outdoor area offering camping and fishing opportunities.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.