The story of this market
The typical home in ZIP 77640 sells for about $129,000, or $134 per square foot.
Prices are up +7.7% from a year ago, so sellers still have some momentum. Homes take about 80 days to sell, which is slow. HUD's fair market rent for a two-bedroom is $1,528 a month.
ZIP 77640 — Port Arthur
The 77640 housing market remains affordable compared to broader coastal trends, with a median price of $129,000. Market activity is driven by local industrial employment, though high hazard exposure and regional economic factors keep the market in a balanced, neutral state.
This ZIP is well-suited for local industrial workers, families seeking affordable homeownership, and investors looking for entry-level properties in a coastal market.
Median prices moved up 7.7% year over year.
Homes spend a median of 80 days on market with 6.0 months of supply — a balanced-paced market.
16% of listings have cut prices · homes sell at 95.7% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 6.8% · poverty 19.5% — a mixed stability profile.
versus the prior ACS vintage
ZCTA 77640, Jefferson County TX
The area faces significant coastal flood and wind risks due to its proximity to the Gulf Coast, impacting insurance availability and premiums.
The local economy is heavily anchored by the petrochemical and energy sectors, with ongoing industrial activity in the Port Arthur 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).
Commutes are primarily car-dependent, with access to major regional highways connecting to industrial employment hubs in Beaumont and Port Arthur.
The area features access to Gulf Coast waterfronts, local parks, and community facilities, with basic shopping and dining options available within the city limits.
The rental market is characterized by a mix of single-family homes and multi-family units, with demand driven by the local industrial workforce.
The economy is dominated by the energy and petrochemical industries, which serve as the primary drivers of employment and regional economic momentum.
Transportation is primarily served by regional highway corridors; public transit options are limited, necessitating personal vehicle use for most commutes.
Development is largely focused on industrial infrastructure and maintenance of existing residential stock.
The Jefferson County Appraisal District manages property assessments for the area, following standard Texas property tax code procedures.
Parcels are subject to various special districts, including local school districts, municipal utility districts, and regional flood control authorities.
Property insurance premiums are elevated due to the area's high exposure to hurricane and flood risks, with market health influenced by regional hazard trends.
Data retrieved from data.census.gov ZCTA-level tables.
- Jumping World4.115.4 mi
- Beaumont Children's Museum4.615.7 mi
- Smith Lake Waterpark4.618.4 mi
- Doggett Ford Park4.415.2 mi
- Golden Corral Buffet & Grill4.215.6 mi
- Dylan's on 9th4.25.1 mi
- Crazy Cajun Beaumont4.117.7 mi
- 5 Under Golf Center4.316.9 mi
- Port Neches Riverfront Park4.68.1 mi
- Walter Umphrey Park4.59.3 mi
- Doornbos Heritage Park4.65.6 mi
- Spindletop Gladys-City Boomtown Museum4.712.2 mi
- B&B Port Arthur Central Mall 103.94.8 mi
- Beaumont Children's Museum4.615.7 mi
- Spindletop Gladys-City Boomtown Museum4.712.2 mi
- Jason's Deli4.516.1 mi
- Museum of the Gulf Coast4.82.7 mi
- The McFaddin-Ward House Historic Museum4.916.5 mi
- Port Neches Riverfront Park4.68.1 mi
- Walter Umphrey Park4.59.3 mi
- Doornbos Heritage Park4.65.6 mi
- Pleasure Island RV Park4.43.1 mi
- Sabine Pass Battleground State Historic Site4.511.9 mi
- Beaumont RV & Marina4.416.5 mi
- Babe Zaharias Golf Course3.94.4 mi
- Central Mall3.94.8 mi
- Ross Dress for Less4.24.7 mi
- T.J. Maxx4.24.7 mi
- JCPenney44.7 mi
- Marie's Seafood4.53.1 mi
- Jack Brooks Regional Airport3.95.8 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area ranked by popularity within the radius shown.
Provides regional access to coastal recreation and maritime activities.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.