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Grandfalls 79742

ZIP codeThe kind of area this report covers. Neighborhood areas nest inside each other, from broad districts down to small pockets.Texas
$13K
Median sale priceThe middle sale price each month, counting normal open-market sales. The average runs above the median when a few expensive sales pull it up. Bars show how many homes sold.
1
Sales (12 mo)How many homes sold here in the last 12 months. More sales make the other numbers more reliable.
$101K
Median valueThe middle estimated value of all homes here, not just the ones that recently sold.

Deed records through Oct 2018 · Quarterly intervals (lower sales volume)Counties take time to publish deeds, so the newest months can be incomplete and may shift as more records arrive.

Housing Stock

HomesHow many homes we have records for in this area.287
Median value (AVM)The middle estimated value of all homes here, not just the ones that recently sold.$101K
Median sizeThe middle home size here, measured in square feet.1,728 ft²
Median year builtThe middle build year for homes here. A recent year means most housing is newer.1997
Single familyThe share of homes here that are single-family houses.63%

Equity & Ownership

Equity rich (LTV ≤ 50%)The share of owners who owe half or less of what their home is worth, meaning they hold a lot of equity.90%
Underwater (LTV ≥ 125%)The share of owners who owe at least 25% more than their home is worth.2.6%
Owner occupiedThe share of homes lived in by their owner rather than rented out or left empty.59%
Company ownedThe share of homes owned by a company or trust instead of a person.3.1%
Median loan-to-valueThe middle share of home value still owed on loans across all owners here.0%
Typical ownership tenureHow long the typical owner here has held their home.11.6 yrs

CommunityThese are comparison scores, not percentages. 100 equals the national average, so 150 means about 50% above average.

CrimeLocal crime compared with the rest of the country, where 100 is average. It reflects things like population density, income, and how crime gets reported.117
Air pollutionOverall air pollution compared with the rest of the country, where 100 is average. Lower is cleaner.104
EarthquakeEarthquake risk and likely building damage compared with the rest of the country, where 100 is average. Scores can run far above 100.50

Index scale: 100 = US average (tick). Lower is better.

Homes occupiedThe share of homes here that someone lives in. The rest sit empty, including vacation and for-sale homes.84%
Bachelor's or higherThe share of adults 25 and older whose highest degree is a bachelor's degree.6.9%
Poverty rateThe share of people whose household income falls below the federal poverty line, which varies by family size.9.8%
UnemploymentThe share of men 16 and older who are out of work and actively looking. Only men are counted in this figure.1.0%
PopulationHow many people live in this area.173
DensityPeople per square mile. Higher numbers mean a more crowded, urban area.4 / mi²
Median household incomeThe middle household income here — half of households earn more, half earn less.$64K
Average household incomeThe average household income. It runs higher than the median when a few high earners pull it up.$77K
Average tempThe average temperature here across a full year.65°F
Annual precipHow much rain and melted snow falls here in a typical year.13 in
SunshineThe share of daylight hours that get direct sun in a typical year, counting cloud cover.75%

How Grandfalls 79742 compares

By median home value, Grandfalls 79742 is the 3rd most expensive of 5 ZIP codes in Ward County, and its typical home is worth more than 36% of all homes in Ward County.

Home values in Grandfalls 79742

Share of homes at each estimated value.

Median
$42K$283K
ZIP codes in Ward County ranked by median home value
#Ward CountyMedian valueHomes
1Monahans 79756$136K4,228
2Wickett 79788$111K253
3Grandfalls 79742$101K287
4Pyote 79777$79K130
5Barstow 79719$75K267

About the Grandfalls 79742 market

What is the median home price in Grandfalls 79742, TX?

The median sale price in Grandfalls 79742, TX is $12,500 (data through October 2018), based on deeds recorded with the county.

How many homes sell in Grandfalls 79742, TX each year?

1 homes sold in Grandfalls 79742, TX over the last 12 months (data through October 2018). TopHap counts recorded arm's-length deeds, not listings, so the figure is not affected by which brokerage handled the sale.

How many homes are there in Grandfalls 79742, TX?

Grandfalls 79742, TX contains 287 residential properties, with a median of 1,728 square feet, built around 1997. The median TopHap Estimate is $101K.

How does Grandfalls 79742, TX compare to the rest of Ward County?

By median home value, Grandfalls 79742, TX is the 3rd most expensive of 5 ZIP codes in Ward County. Its typical home is worth more than 36% of all homes in Ward County. Wickett 79788 ranks just above it and Pyote 79777 just below. The ranking is rebuilt nightly from the county assessor record of every home in each area.

Do people own or rent in Grandfalls 79742, TX?

59% of homes in Grandfalls 79742, TX are owner-occupied. 3% are held by a company rather than an individual.

How much equity do owners in Grandfalls 79742, TX hold?

90% of mortgaged homes in Grandfalls 79742, TX are equity-rich, meaning the loan balance is under half the home's value. 2.6% owe more than the home is worth.

Nearby markets

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Explore Grandfalls 79742 on the map

See every recorded sale, price heat map, school zone and flood overlay across Grandfalls 79742 in TopHap’s interactive 3D map.

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A flyover of TopHap's photorealistic 3D map, with recorded sale prices pinned to homes
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