The story of this market
The typical home in ZIP 78332 sells for about $320,877, or $138 per square foot.
Prices are up +2.5% from a year ago, so sellers still have some momentum. Homes take about 105 days to sell, which is slow. HUD's fair market rent for a two-bedroom is $875 a month.
ZIP 78332 — Alice
The housing market in 78332 remains stable, characterized by high affordability relative to national averages and a steady, if slow, pace of sales. Market activity is heavily influenced by the local energy sector, which provides consistent but cyclical demand. Current inventory levels are sufficient to meet local needs, with prices showing modest year-over-year growth.
This ZIP is well-suited for budget-conscious family buyers and local workers in the energy sector who prioritize affordability and small-town community living over urban amenities.
Median prices moved up 2.5% year over year.
Homes spend a median of 105 days on market with 8.4 months of supply — a slower-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 6.8% · poverty 21.5% — a mixed stability 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 5.5%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
ZCTA 78332, Jim Wells County TX
Crime rates in Alice are generally reported as higher than the national average, with property crime being the most frequent concern for residents.
Schools in the Alice Independent School District serve the area, with performance ratings generally falling in the average range compared to state benchmarks.
The area is subject to standard South Texas climate risks, including potential for severe thunderstorms, high winds, and occasional flooding during heavy rain events.
Economic momentum is driven by the energy sector, particularly oil and gas services, which remain the primary anchor for local employment and infrastructure development.
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 typically driving to local employment hubs within Alice or commuting to nearby regional centers via US-281.
Local amenities include municipal parks, community sports facilities, and proximity to regional outdoor recreation areas, with basic retail and dining concentrated along the Main Street corridor.
The rental market is characterized by steady demand for affordable housing, with a significant portion of the inventory consisting of single-family homes and older multi-family units.
The economy is heavily reliant on the oil and gas industry, with support services and local government providing the bulk of stable employment.
Transportation is dominated by private vehicle use, with US-281 and SH-44 serving as the primary regional transit corridors.
Development is largely focused on small-scale residential infill and commercial maintenance rather than large-scale master-planned projects.
The Jim Wells County Appraisal District manages property assessments, utilizing a mass appraisal system to determine annual market values for tax purposes.
Parcels are subject to levies from the Alice Independent School District and Jim Wells County, with no major MUDs reported.
Property insurance premiums are influenced by regional wind and hail exposure, typical of the South Texas coastal plains.
Data retrieved from US Census Bureau ACS 5-year estimates for ZCTA 78332.
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.
- Javelina Stadium4.519.2 mi
- Rio Plaza IV Alice3.83.8 mi
- Anderson Park4.52.9 mi
- Anderson Park4.52.9 mi
- Alice Municipal Golf Course4.23.1 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
Provides local green space and recreational facilities for residents.
A local recreational anchor offering golf and social amenities.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.