The story of this market
The typical home in ZIP 76561 sells for about $255,664, or $167 per square foot.
Prices are down 4.31% from a year ago, which gives buyers more room to negotiate. Homes take about 67 days to sell, which is slow. HUD's fair market rent for a two-bedroom is $875 a month.
ZIP 76561 — Oglesby
The 76561 housing market is a low-volume, rural market characterized by high affordability and limited inventory. Current data shows a median home value of $255,664, though individual listings vary significantly based on acreage. Market activity is stagnant with very few closed sales, and the area remains a niche market for those seeking rural property.
This ZIP is best suited for buyers seeking rural land, affordability, and a quiet, small-town lifestyle, rather than commuters or those requiring proximity to urban amenities.
Median prices moved down 4.3% year over year.
Homes spend a median of 67 days on market with 0.0 months of supply — a balanced-paced market.
2% of listings have cut prices · homes sell at 92% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 4.5% · poverty 11.0% — a stable, low-distress profile.
versus the prior ACS vintage
ZCTA 76561, Coryell County TX
The area is served by the Oglesby Independent School District, which operates a single PK-12 campus.
Development momentum is modest, with residential permit activity significantly lower than neighboring county averages.
Composed from the ARED governance burden registry — tier-native tax structure (state + county + city + special districts), never averaged. 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). 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) — 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…
The area is rural, requiring personal vehicle travel for all commutes to regional employment centers.
Recreation is primarily rural and land-based, with limited commercial shopping or major park infrastructure within a 3-mile radius.
The rental market is limited, consisting primarily of older single-family homes and mobile homes with low turnover.
The local economy is primarily rural and agricultural, with residents often commuting to larger nearby cities for employment.
There are no major large-scale commercial or residential developments currently reported for this ZIP.
Parcels are primarily subject to Oglesby ISD taxation.
Data retrieved from U.S. 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. Source: NCES EDGE public school locations 2023-24.
Serves as the primary community anchor for PK-12 education.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.