HousingHandbookReference data

U.S. ZIP Code · TX79782

Martin County · Midland, TX

Typical home value

$248,092[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year
0.0%
5-year / yr
-1.2%
10-year / yr
+3.4%

Relative price

vs U.S.
-12.7%
vs metro
-26.1%
vs state
-5.2%
ZIP 79782 location in TX
Location of ZIP 79782 in TX

Price history

Zillow Home Value Index — monthly, smoothed and seasonally adjusted.

The typical home in 79782 is worth $248,092 — 26.1% below the Midland, TX median. Over the past year, values have fallen 0.0%. The effective property tax rate is 0.9%.

#Rent & investment

Typical asking rent, and the returns it implies at the current home value.

Monthly rent
[2]
Gross yield
[2]
Cap rate
[2]

#Property tax

Effective rate — total real estate taxes paid relative to total home value.

Effective tax rate
0.9%[3]
Typical annual tax
$2,152[3]

#Climate risk

FEMA National Risk Index ratings for Martin County. "Not Applicable" means the hazard does not threaten the county.

Overall risk
Very Low[4]
Riverine flood
Very Low
Coastal flood
Not Applicable
Wildfire
Relatively Low
Drought
Relatively High
Heat wave
Very Low
Hurricane
Very Low
Tornado
Very Low
Earthquake
Very Low
Winter weather
Very Low

#Who lives here

Population
3,867[3]
Median household income
$102,986[3]

#Migration

Household moves in and out of Martin County over a year, from IRS tax-return data.

Net migration
-5[5]
Moved in
144
Moved out
149

Schools

Open public schools in this ZIP, from the NCES Common Core of Data.

Public schools
3
Elementary
1
Middle
1
High
1
  • STANTON EL

    Elementary · Grades PK–5 · STANTON ISD

    492 students

  • STANTON H S

    High · Grades 9–12 · STANTON ISD

    317 students

  • STANTON MIDDLE

    Middle · Grades 6–8 · STANTON ISD

    231 students

Run the numbers

Interactive calculators pre-filled with this ZIP's typical home value, rent, and property-tax rate. Edit any field to recompute.

Gross yield
Net yield (after ~40% expenses)
Annual rent

Gross and net yield are estimates based on the inputs and the selected expense ratio. Actual income and expenses will vary by property and market. Not investment advice.

Monthly payment$1,254
Loan principal$198,474
Down payment$49,618
Total interest paid$253,142

Estimated monthly payments include principal and interest only. Actual costs will include property tax, insurance, possibly PMI, and HOA fees not modeled here. Loan terms shown are estimates; consult a licensed lender for current rates and qualification.

Own : rent ratio
Monthly cost to own$1,641
Monthly rent

This calculator projects multi-year scenarios based on assumptions about appreciation, rent growth, and investment returns — none of which are guaranteed. Actual outcomes depend on variables this tool cannot know. Not financial or real estate advice.

#Metro ranking

Where this ZIP sits among others in its metro area.

Appreciation
0th percentile[1]
Rental yield
[2]
Property tax
0th percentile[3]

Frequently asked

How much is a home worth in ZIP code 79782?
The typical home in 79782 is worth $248,092, based on the Zillow Home Value Index.
Are home values rising in 79782?
Home values in 79782 are down 0.0% over the past year, and down 1.2% a year over five years.
What is the property tax rate in 79782?
The effective property tax rate in 79782 is 0.9% — roughly $2,152 a year on a typical home.
Who lives in 79782?
ZIP code 79782 has a population of 3,867 and a median household income of $102,986.

#Comparable ZIPs

Same metro, nearest typical home value. Each card shows the comparable ZIP's headline numbers so you can scan at a glance.

  • Midland, TX

    Typical home
    $244,080
    Gross yield
    7.1%
  • Midland, TX

    Typical home
    $222,796
    Gross yield
    9.0%
  • Odessa, TX

    Typical home
    $335,494
    Gross yield
    6.5%
  • Midland, TX

    Typical home
    $354,847
    Gross yield
    5.5%
  • Midland, TX

    Typical home
    $380,348
    Gross yield
    6.7%
  • Midland, TX

    Typical home
    $420,808
    Gross yield
    4.3%

Want similar ZIPs from outside this metro? Browse nationally similar ZIPs →

Compare ZIPs

Pit ZIP 79782 against any other ZIP — full side-by-side table.

Compare 79782

#Jump to section