The story of this market
The typical home in ZIP 76234 sells for about $326,000, or $242 per square foot.
Prices are up +5.2% from a year ago, so sellers still have some momentum. Homes take about 67 days to sell, which is slow. HUD's fair market rent for a two-bedroom is $1,800 a month.
ZIP 76234 — Decatur
The 76234 housing market is currently in a period of adjustment. While year-over-year pricing remains positive, the rise in days on market and the fact that homes are selling below asking price indicate that buyers have regained some leverage. The area remains attractive for its relative affordability and quality-of-life factors compared to the broader DFW metroplex.
This ZIP is ideal for families and professionals seeking a balance of rural charm and modern convenience; it is well-suited for those who value community spirit and a slower pace of life while maintaining access to DFW-area employment.
Median prices moved up 5.2% year over year.
Homes spend a median of 67 days on market with 0.0 months of supply — a balanced-paced market.
0% of listings have cut prices · homes sell at 97% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 3.6% · poverty 5.2% — 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 10.4%/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 7.1%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
net influx — more people moved in than out
ZCTA 76234, Wise County TX
Reported crime trends in Decatur remain relatively low, with the city maintaining a reputation for small-town safety compared to the denser, high-growth urban centers of the DFW metroplex.
The area is served primarily by the Decatur Independent School District (ISD), which operates six schools; the district is locally described as the heart of Decatur and maintains a stable academic reputation with a focus on traditional community-centered education.
The region faces a relatively low overall natural hazard risk; top-rated hazards identified by the FEMA National Risk Index include hail, heatwaves, and ice storms, with minimal flood risk (Zone X).
Development momentum is driven by the city’s role as the Wise County seat, with steady infrastructure growth supporting the surrounding agricultural and residential base; the Decatur Economic Development Corporation actively supports business expansion in the area.
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).
Residents primarily commute toward Denton or Fort Worth; average commute time is approximately 26.9 minutes.
The area features the historic downtown courthouse square, local parks, and easy access to the LBJ National Grasslands and Lake Ray Roberts for boating and fishing.
Rental market depth is moderate, with a mix of single-family homes and apartment communities; current trends show a correction in rent prices following recent highs.
The economy is a mix of agricultural heritage, administrative roles at the county seat, and a growing service/retail sector supporting the residential expansion toward DFW.
The area is served by major highway corridors connecting to the broader DFW metroplex, with infrastructure primarily focused on regional road connectivity.
The development pipeline is centered on modest residential expansion and downtown preservation, with infrastructure upgrades managed by the City and the EDC.
Parcels are subject to Decatur ISD and Wise County tax levies; MUD/PID presence is limited but variable by specific subdivision.
Property insurance posture is generally aligned with North Texas norms, with focus on coverage for storm-related damages (hail/wind) due to regional climate patterns.
Data retrieved from data.census.gov ZCTA 76234 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.
- The Parker House Haunted Attraction4.515.4 mi
- Quandary Escape Adventures517.7 mi
- Texas Motor Speedway4.719 mi
- UNT Coliseum (“The Super Pit”)4.519.2 mi
- DATCU Stadium4.619 mi
- Eagles Canyon Raceway4.88.1 mi
- Alamo Drafthouse Cinema Denton4.318.2 mi
- TADRA Point Trailhead4.810 mi
- Harmon Park4.56.1 mi
- Plaza Cinema IV4.57.1 mi
- CATS Alley4.17.5 mi
- Frightmare Collectibles4.818 mi
- TADRA Point Trailhead4.810 mi
- Harmon Park4.56.1 mi
- Bomgaars4.47.1 mi
- Dollar General4.212.6 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
The historic center of the city and county.
Large public land area for hiking, fishing, and outdoor activities.
Major regional water body for boating and fishing.
Key-figure check: median price diverges 83.8% from the nearest retained anchor (prior refresh cycle) — beyond the 12.5% tolerance; an automated validation case is open and the value publishes pending its verdict. Validation: the flagged $599,350 (+83.8% vs the prior refresh cycle) could not be independently corroborated and was reverted to the prior cycle value pending review; the case is under review in the Command Center.