The story of this market
The typical home in ZIP 79323 sells for about $225,000, or $118 per square foot.
Prices are up +2.5% from a year ago, so sellers still have some momentum. Homes take about 84 days to sell, which is slow. HUD's fair market rent for a two-bedroom is $1,150 a month.
ZIP 79323 — Denver City
The 79323 housing market remains stable, characterized by low inventory and modest price appreciation driven by the local energy economy. Sales activity is consistent with regional trends, and the market is currently balanced between buyers and sellers.
This ZIP is well-suited for families and energy-sector workers seeking affordable housing in a community-focused, rural-industrial environment.
Median prices moved up 2.5% year over year.
Homes spend a median of 84 days on market with 5.8 months of supply — a balanced-paced market.
12% of listings have cut prices · homes sell at 97.5% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 3.8% · poverty 11.2% — 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 6.5%/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 5.8%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
ZCTA 79323, Texas
The area is served by Denver City Independent School District, which maintains a stable reputation within the regional context of West Texas.
The region faces moderate risks related to wind and occasional drought conditions typical of the Permian Basin; flood risk is generally low.
The local economy is heavily anchored by the energy and agricultural sectors, with development momentum tied to oil and gas activity in the Permian Basin.
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 car-dependent, with residents typically driving to employment hubs in Denver City or neighboring industrial centers.
Local amenities include community parks and recreational facilities in Denver City, with access to regional outdoor activities in the surrounding plains.
The rental market is characterized by steady demand from energy-sector workers, with limited inventory and stable vacancy rates.
The economy is driven by the oil and gas industry and large-scale agricultural operations, providing a stable but cyclical employment base.
Transportation is dominated by private vehicle use on state highways; there is no significant public transit infrastructure.
Development is primarily focused on infrastructure maintenance and small-scale residential infill within Denver City.
The Yoakum County Appraisal District manages property assessments with a focus on agricultural and mineral valuation.
Parcels are subject to Denver City ISD and Yoakum County hospital district taxes.
Property insurance premiums are influenced by regional wind and hail exposure common to the Texas Panhandle and Permian Basin.
Data retrieved from US Census Bureau ZCTA 79323 profile.
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.
Primary community green space for local recreation.
Local recreational facility serving the area.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.