ZIP 79347 Daily Housing Market & Real Estate Update (Muleshoe, TX area)
79347 – February 22, 2026 – ZIP 79347 (Muleshoe area) stays cool: prices near mid-$150Ks, listings steady, and 6%+ rates shape buyer power today.
ZIP 79347 (Muleshoe, Texas area) is still behaving like a cool, slower-paced market going into late February, with buyers watching both price and payment closely.
Top takeaways
- Most public trackers still point to softer pricing versus last year (methodology varies by site).
- Homes are taking longer to sell, giving buyers more time to negotiate.
- Mortgage rates dipped again nationally, which can slightly improve affordability.
Market snapshot
Realtor.com’s ZIP market profile for 79347 shows a median home sold price around $154K (it labels the reporting period as October 2025) and average days on market around 125 days. Zillow’s 79347 home value index shows a typical value around $133K and a ~12% year-over-year decline (data through late 2025). Different datasets won’t match exactly, but both signal a market where pricing correctly matters.
Active inventory also varies by filters: Zillow’s 79347 search currently shows about 37 results, and Realtor.com’s search view is in a similar range. For sellers, that usually means staging, repairs, and strong photos can be the difference between sitting and selling.
Rates watch (national context)
Freddie Mac’s Primary Mortgage Market Survey puts the average 30-year fixed rate at 6.01% for the week ending February 19, 2026. Buyers who were marginal on payment may want to re-check their budget and pre-approval as rates move week to week.
What’s for sale nearby (no addresses)
- Entry-level homes: a handful of listings still appear under roughly $150K, often older homes where condition drives value.
- Mainstream move-in-ready options: many 3–4 bedroom listings cluster around $175K–$260K, depending on size and updates.
- Acreage / rural property: larger parcels and improved country homes can reach the $300K–$500K+ tier.
Development & rentals
In a quick scan of widely indexed sources, no major new zoning or large development headlines tied specifically to 79347 stood out in the past few weeks. ZIP-level rent stats are also limited in public dashboards , so current rental conditions are best gauged from active listings.
Sources
- https://www.realtor.com/local/market/texas/zipcode-79347
- https://www.realtor.com/realestateandhomes-search/79347/overview
- https://www.zillow.com/home-values/92917/muleshoe-tx-79347/
- https://www.zillow.com/muleshoe-tx-79347/
- https://www.freddiemac.com/pmms
Locals: are you seeing more price cuts, fewer showings, or buyers starting to re-enter the market in 79347?