Crosbyton, TX—79322
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Crosbyton, TX
As of Oct '25, the median home price in Crosbyton, TX is $63,000, with a year-over-year change of -11.2%. This indicates that home prices in Crosbyton, TX are decreasing. According to Zillow, the 1-year price projection is 0.2%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $63,000 | -11.2% |
| Single Family | $63,000 | -12.5% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | N/A | N/A |
3 Bed | N/A | N/A |
4 Bed | N/A | N/A |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Crosbyton, TX
As of July '25, Rentcast reports the average rent in Crosbyton, TX is $502, with a year-over-year rent change of 3.7%. Per bedroom, the median rent as of July '25 in Crosbyton, TX is 1-bedrooms: $424, 2-bedrooms: $518. The most common rental property sizes in Crosbyton, TX are 1-bedroom and 3-bedroom, accounting for 34.3% and 29.7% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $524 | $502 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $424 | $424 |
| 2 Bed Rent | $524 | $518 |
| 3 Bed Rent | N/A | N/A |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Crosbyton, TX
As of Oct '25, Realtor.com reports that the median days on market for a home in Crosbyton, TX is 69. This is a decrease of -47.0% from last year, suggesting that homes are sitting on the market shorter than last year. The percentage of listed homes with a reduced price is 29.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $114,000 | -16.0% |
Listing Count | 14 | 207.0% |
| Listings as % of Homes | 0.3% | 207.0% |
Days on Market | 69 | -47.0% |
Demographics — Crosbyton, TX
As of the latest ACS Survey released in 2023, Crosbyton, TX has a population of 1,940, which has decreased by -2.7% over the past 5 years. Crosbyton, TX is a popular place for families, as children make up 27.9% of the population. The area has a poorly educated workforce, with 14.3% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 2.5% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 1,940 | -2.7% |
% Under 18 | 27.9% | 16.3% |
% Seniors | 18.3% | -5.7% |
% WFH | 2.5% | 47.1% |
% w/ College Degree | 14.3% | 2.9% |
As of the latest ACS Survey released in 2023, Crosbyton, TX is a predominantly hispanic area, with 63.2% of the population identifying as hispanic. The hispanic population has grown by 17.5% in the last 5 years. The second most common race or ethnicity in Crosbyton, TX is white, making up 34.1% of the population. Foreign-born residents account for 5.5% of the population in Crosbyton, TX, and this percentage has increased by 96.4% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 34.1% | -15.0% |
% Black | 2.4% | -60.0% |
% Hispanic | 63.2% | 17.5% |
% Asian | 0.1% | ∞% |
% Foreign Born | 5.5% | 96.4% |
Mortgage and Risk — Crosbyton, TX
According to HUD data as of 2023, there were 16 mortgage originations in Crosbyton, TX, of which 62.0% of loans were conventional mortgages. The average loan-to-value was 86.0%, with 69.0% above 90% LTV (very high). This implies large mortgage risk in Crosbyton, TX. Investor activity is low, as 6.0% of loans were by investors. 0.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 16 |
% Conventional Loans | 62.0% |
% Government Loans | 38.0% |
% Investor Loans | 6.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 0.0% |
Loan Activity
Rentals and Section 8 — Crosbyton, TX
Crosbyton, TX lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 46 |
Total Units Section 8 | 0 |
% Rentals under Section 8 | 0.0% |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $416 | $424 | $840 |
| 2 Bedroom | $486 | $524 | $1,010 |
| 3 Bedroom | N/A | N/A | $1,400 |
| 4 Bedroom | N/A | N/A | $1,650 |
Affordability — Crosbyton, TX
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 1.5 |
| Median Home Price | $63,000 |
| Median Household Income | $48,800 |