Housing Insights for ZIP Code 76941 (Mertzon, TX)

Housing Summary for ZIP Code 76941

Homeowners

The median home value in ZIP Code 76941 (Mertzon, TX) is $120,600. Approximately 79.2% of homes in this region are owner-occupied units, and the estimated homeowner vacancy rate is currently 5.3%.

The average occupancy of owner-occupied units in ZIP Code 76941 is 2.10 occupants, while owner-occupied units have an aggregate average size of 2.59 bedrooms per housing unit.

Renters

In the 76941 ZIP Code, an estimated 20.8% of all housing units are occupied by renters. This ZIP-defined region has is an estimated rental vacany rate of 0.0%.

Among renter-occupied units in this ZIP, the average occupancy is 3.63 occupants, while renters in this Irion County region spend an average of 0% of their income on housing rental costs.

Housing Stats for ZIP Code 76941

See the table below for a regional snapshot of data related to both owner-occupied housing and rentals in ZIP Code 76941.

ZIP 76941 Texas U.S.
Median Home Value $120,600 $309,101 $356,002
Owner-Occupied Housing Units 79.2% 62.0% 64.0%
Homeowner Vacancy Rate 5.3% 1.6% 1.6%
Average Size of Owner-Occupied Unit 2.10 2.99 2.70
Average # of Bedrooms Per Unit 2.59 2.75 2.75
Median Housing Rent $0 $1,045 $1,062
Renter-Occupied Housing Units 20.8% 38.0% 36.0%
Rental Vacancy Rate 0.0% 7.8% 6.0%
Average Size of Renter-Occupied Unit 3.63 2.63 2.49
Percent of Income Spent on Rent 0% 29.37% 29.83%

Home Values in ZIP Code 76941 (Mertzon, TX)

The median home value in ZIP Code 76941 is $120,600. That median value is about 30% lower than the median home value of $172,500 in Texas overall, and is 45% lower than the $217,500 the median home value in the entire U.S. In ZIP Code 76941, about 28.9% of homes are valued $50,000 to $99,999. That is 75% higher than in Texas, in which 16.5% of homes are valued at $50,000 to $99,999, and is about 141% higher than in the U.S. overall (12.0% of homes valued at $50,000 to $99,999). The home value range that the smallest portion of ZIP Code 76941 homes fall into is $500,000 to $999,999 (0.0% of homes).

Home Values in ZIP Code 76941

This chart visualizes the breakdown of home values in ZIP Code 76941, Texas, and also in the U.S. overall.

A bar chart visualizing the breakdown of home values in ZIP Code 76941 vs. home values in both the state of Texas and in the U.S. overall.

Home Values in ZIP Code 76941

See the table below for a regional comparison of home values in ZIP Code 76941.

Home Value ZIP 76941 Texas U.S.
Less than $50,000 11.7% 8.9% 6.9%
$50,000 to $99,999 28.9% 16.5% 12.0%
$100,000 to $149,999 18.7% 16.3% 13.3%
$150,000 to $199,999 17.6% 15.9% 14.0%
$200,000 to $299,999 11.3% 19.6% 19.6%
$300,000 to $499,999 9.9% 15.2% 19.3%
$500,000 to $999,999 0.0% 6.0% 11.4%
$1,000,000 or more 1.9% 1.6% 3.4%

Home Ages in ZIP Code 76941 (Mertzon, TX)

Approximately 21.3% of homes in this Mertzon, TX region were built in 1990 to 1999. This amount of homes built in 1990 to 1999 in ZIP Code 76941 is about 40% higher than percentage of homes built in this time period in Texas overall (15.2% of homes), and is 53% higher the percentage (13.9% of homes) in the U.S. as a whole. Additionally, an esimated 17.8% of local homes were built in 1980 to 1989. On the other end of the scale, just 0.0% of homes in this Irion County ZIP Code were built in 2014 or later in ZIP Code 76941. In comparison, 5.1% of homes in Texas overall were built in 2014 or later, while 2.5% of all U.S. homes were built in this time period.

Home Ages in ZIP Code 76941

A detailed regional comparison of home ages in ZIP Code 76941.

Year Built ZIP 76941 Texas U.S.
2014 or later 0.0% 5.1% 2.5%
2010 to 2013 3.6% 5.2% 2.7%
2000 to 2009 7.4% 19.3% 14.0%
1990 to 1999 21.3% 15.2% 13.9%
1980 to 1989 17.8% 16.2% 13.4%
1970 to 1979 8.3% 15.2% 15.2%
1960 to 1969 12.6% 9.0% 10.6%
1950 to 1959 10.3% 7.9% 10.3%
1940 to 1949 7.3% 3.3% 4.9%
1939 or earlier 11.4% 3.5% 12.6%

Age of Homes in ZIP Code 76941

See the chart below for details on the age of homes in ZIP Code 76941, Texas, and also in the U.S. overall. Data here refers to years that homes were built.

">

Housing FAQs for ZIP Code 76941

Frequently asked questions about housing in this Mertzon, TX ZIP Code. Answers to questions about both owner-occupied housing and rental housing in 76941.

1

What is the average home value ZIP Code 76941?

The median home value in ZIP Code 76941 (Mertzon, TX) is $120,600.
2

Are homes expensive in ZIP Code 76941?

The median home value in 76941 ($120,600) is an estimated 30% lower than the aggregate median value of $172,500 in Texas, and is 45% lower than the $217,500 the median home value in the U.S. overall.
3

What are owner-occupied vacancy rates like in ZIP Code 76941?

The vacacy rate for owner-occupied housing in ZIP Code 76941 is 5.3%. This rate is 231% higher than the overall Texas owner-occupied vacancy rate of 1.6%. Additionally, the 76941 vacancy rate is 231% higher than the entire U.S. vacancy rate of 1.6%.
4

Does ZIP Code 76941 have older homes or newer construction?

In ZIP Code 76941, about 21.3% of homes were built in 1990 to 1999. That time range includes the most home construction. Also, 17.8% of homes in the region were built in 1980 to 1989. In contrast, 0.0% of homes in 76941 were built in 2014 or later.
5

What is the housing breakdown in ZIP Code 76941? Are there more rentals or owner-occupied units?

There is more owner-occupied housing in 76941 than renter-occupied housing. Owner-occupied units make up 79.2% of housing, compared to 20.8% for renter-occupied units.
6

Are rental vacancy rates high in ZIP Code 76941?

The vacacy rate for rental units in ZIP Code 76941 is 0.0%. This rate is 100% lower than the overall Texas vacancy rate of 7.8%. Additionally, the 76941 vacancy rate is 100% lower than the entire U.S. vacancy rate of 6.0%.