The story of this market
The typical home in ZIP 78361 sells for about $58,000, or $78 per square foot.
Prices are down 39.3% from a year ago, which gives buyers more room to negotiate. Homes take about 112 days to sell, which is slow. HUD's fair market rent for a two-bedroom is $625 a month.
ZIP 78361 — Hebbronville
The housing market in 78361 is characterized by low transaction volume and a significant year-over-year decline in median sale prices. High vacancy rates and limited inventory reflect the rural nature of the area, where market activity is largely driven by local economic conditions in the energy sector.
This ZIP is best suited for local workers in the energy or agricultural sectors and those seeking a quiet, rural lifestyle in South Texas.
Median prices moved down 39.3% year over year.
Homes spend a median of 112 days on market with 7.8 months of supply — a slower-moving market.
12% of listings have cut prices · homes sell at 94.5% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 6.2% · poverty 24.5% — 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 2.8%/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 2.8%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
ZCTA 78361, Jim Hogg County TX
Schools in the area are primarily served by the Jim Hogg County Independent School District, which provides essential educational services to the rural population.
The area is subject to standard regional risks for South Texas, including extreme heat and occasional drought conditions; flood risk is generally low in the elevated brush country.
The local economy is heavily influenced by the energy sector and ranching, with limited new commercial development activity reported.
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 by private vehicle, with long drive times to regional employment hubs in Laredo or the Rio Grande Valley.
Recreation is centered on outdoor activities, including hunting, local parks, and community-based events in Hebbronville.
The rental market is limited, consisting primarily of single-family homes and small multi-family units with low turnover.
The economy is driven by oil and gas extraction, ranching, and public sector employment.
Transportation is dominated by highway access via SH 16 and SH 285; there is no public transit infrastructure.
No major commercial or residential developments are currently reported for this rural ZIP code.
The Jim Hogg County Appraisal District manages property assessments for all parcels within the county.
Parcels are subject to Jim Hogg County ISD and local county-wide special districts.
Property insurance premiums are influenced by regional wind and hail risk common to South Texas.
Texas is a non-judicial foreclosure state with a standard notice period for homeowners.
Texas law requires sellers to provide a written disclosure notice regarding the condition of the property.
Data retrieved from Census Reporter and data.census.gov ZCTA profiles.
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.
Central community gathering space.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.