The story of this market
The typical home in ZIP 79756 sells for about $245,000, or $145 per square foot.
Prices are up +4.2% from a year ago, so sellers still have some momentum. Homes take about 68 days to sell, which is slow. HUD's fair market rent for a two-bedroom is $1,250 a month.
ZIP 79756 — Monahans
The housing market in 79756 remains stable, supported by consistent demand from the energy sector. While inventory is limited, price growth has moderated compared to previous years, reflecting a balanced market environment. Buyers are finding a steady supply of homes, though affordability remains a key factor for local residents.
This ZIP is well-suited for energy-sector professionals, families seeking an affordable cost of living, and those who prefer a quiet, small-town lifestyle in West Texas. It is less ideal for those requiring urban amenities or public transit access.
Median prices moved up 4.2% year over year.
Homes spend a median of 68 days on market with 3.2 months of supply — a fast-moving 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 4.8% · poverty 14.2% — 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 8.8%/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 5.7%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
ZCTA 79756, Ward County TX
Crime rates in Monahans are generally consistent with regional trends for West Texas, with property crime being the primary concern. Local law enforcement maintains a stable presence, and the area is considered comparable to similar rural-industrial hubs in the Permian Basin.
Schools in the 79756 ZIP code are primarily served by the Monahans-Wickett-Pyote Independent School District, which provides standard public education services for the area. Performance metrics are generally aligned with state averages for rural Texas districts.
The area faces moderate risks related to extreme heat and occasional high winds characteristic of the West Texas climate. Flood risk is generally low, though localized drainage issues can occur during heavy seasonal rainfall.
Economic momentum is heavily tied to the energy sector and Permian Basin oil and gas activity. Infrastructure development is focused on supporting industrial logistics and regional connectivity.
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).
Commuting is primarily car-dependent, with residents relying on I-20 for travel to regional employment hubs in Odessa and Midland. Public transit options are not available.
The area features Monahans Sandhills State Park, offering unique outdoor recreation, hiking, and sand-surfing opportunities. Local amenities include community parks, municipal sports facilities, and basic retail shopping within the city of Monahans.
The rental market is driven by energy-sector workforce demand, leading to moderate vacancy pressure. Rent trajectories have remained stable, with a mix of long-term residential rentals and temporary housing for industry workers.
The economy is anchored by the oil and gas industry, with significant employment in energy extraction, logistics, and support services. Local government and education also serve as stable employment pillars.
The area is served by Interstate 20, which acts as the primary artery for regional transit and freight. There is no significant public transit infrastructure.
Development is primarily focused on industrial expansion and residential infill to accommodate the energy-sector workforce. No major large-scale master-planned communities are currently reported.
The Ward County Appraisal District is responsible for the valuation of all taxable property within the county, following state-mandated assessment cycles.
Parcels are subject to school district taxes, county taxes, and potentially special utility district assessments for water and sewer services.
Property insurance premiums are influenced by regional exposure to wind and hail, with market health remaining stable despite periodic weather-related claims.
Data retrieved from US Census Bureau ZCTA 79756 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.
A major regional attraction featuring 3,840 acres of sand dunes.
Hosts local community events and gatherings.
Local municipal park with recreational facilities.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.