The story of this market
The typical home in ZIP 79336 sells for about $159,900, or $115 per square foot.
Prices are down 28.9% from a year ago, which gives buyers more room to negotiate. Homes take about 72 days to sell, which is slow. HUD's fair market rent for a two-bedroom is $650 a month.
ZIP 79336 — Levelland
The 79336 housing market is experiencing a significant correction with median sale prices declining nearly 29% year-over-year. Sales volume has slowed, and the market is currently characterized by lower price points compared to broader regional trends.
This area is primarily suited for local families and individuals seeking affordable housing in a rural-adjacent Texas setting.
Median prices moved down 28.9% year over year.
Homes spend a median of 72 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 79336, Hockley 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).
The local economy is anchored by the city of Levelland, with a mix of agricultural and regional service-sector employment.
Data sourced from US Census Bureau ZCTA-level estimates.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.