The story of this market
The typical home in ZIP 79745 sells for about $352,733, or $159 per square foot.
Homes take about 71 days to sell, which is slow. HUD's fair market rent for a two-bedroom is $1,109 a month.
ZIP 79745 — Kermit
The housing market in 79745 is characterized by a low-density, small-town environment with a median home value significantly lower than the Texas state average. Economic activity is largely driven by the regional oil and gas sector, which influences local employment and housing demand. Current data indicates a stable but limited market with minimal inventory turnover.
This area is primarily suited for families and workers in the energy sector who prioritize affordability and a small-town environment.
Median prices moved sideways 0.0% year over year.
Homes spend a median of 71 days on market with 0.0 months of supply — a balanced-paced market.
0% of listings have cut prices · homes sell at 0% of asking — demand is holding steady.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) — a stable, low-distress profile.
ZCTA 79745, Winkler County TX
The local economy is heavily influenced by the oil and gas industry, with local businesses providing support services to the energy sector.
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).
Kermit does not have a public transportation system, and residents rely on personal vehicles for commuting.
The area features limited local amenities, with recreation primarily centered around community-based activities and regional parks.
The economy is anchored by the oil and gas industry, with various oilfield service and construction companies operating in the region.
Transportation is entirely dependent on private vehicle use due to the lack of public transit infrastructure.
Data sourced from US Census Bureau ZCTA profiles.
- Monahans Sandhills State Park4.67.2 mi
- Monahans Sandhills State Park4.67.2 mi
- Ward County Golf Course3.810.2 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
Local community park serving the city of Kermit.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.