Levelland, TX—79336
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Levelland, TX
As of Oct '25, the median home price in Levelland, TX is $159,000, with a year-over-year change of -1.8%. This indicates that home prices in Levelland, TX are decreasing. According to Zillow, the 1-year price projection is -2.5%, suggesting a decrease housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $159,000 | -1.8% |
| Single Family | $159,000 | -1.2% |
| 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 — Levelland, TX
As of July '25, Rentcast reports the average rent in Levelland, TX is $708, with a year-over-year rent change of -5.6%. Per bedroom, the median rent as of July '25 in Levelland, TX is 1-bedrooms: $619, 2-bedrooms: $681, 3-bedrooms: $1,240. The most common rental property sizes in Levelland, TX are 2-bedroom and 3-bedroom, accounting for 36.3% and 35.1% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $650 | $708 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $650 | $619 |
| 2 Bed Rent | $675 | $681 |
| 3 Bed Rent | $1,250 | $1,240 |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Levelland, TX
As of Oct '25, Realtor.com reports that the median days on market for a home in Levelland, TX is 68. This is a decrease of -23.0% 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 33.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $180,000 | -17.0% |
Listing Count | 61 | -12.0% |
| Listings as % of Homes | 0.8% | -12.0% |
Days on Market | 68 | -23.0% |
Demographics — Levelland, TX
As of the latest ACS Survey released in 2023, Levelland, TX has a population of 15,300, which has decreased by -12.3% over the past 5 years. Levelland, TX is a popular place for families, as children make up 26.0% of the population. The area has a poorly educated workforce, with 16.8% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 2.6% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 15,300 | -12.3% |
% Under 18 | 26.0% | -0.4% |
% Seniors | 15.3% | 10.1% |
% WFH | 2.6% | 23.8% |
% w/ College Degree | 16.8% | 32.3% |
As of the latest ACS Survey released in 2023, Levelland, TX is a predominantly hispanic area, with 53.4% of the population identifying as hispanic. The hispanic population has grown by 6.0% in the last 5 years. The second most common race or ethnicity in Levelland, TX is white, making up 41.8% of the population. Foreign-born residents account for 9.2% of the population in Levelland, TX, and this percentage has increased by 4.5% 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 | 41.8% | -3.5% |
% Black | 3.8% | -5.0% |
% Hispanic | 53.4% | 6.0% |
% Asian | 0.3% | -25.0% |
% Foreign Born | 9.2% | 4.5% |
Mortgage and Risk — Levelland, TX
According to HUD data as of 2023, there were 182 mortgage originations in Levelland, TX, of which 59.0% of loans were conventional mortgages. The average loan-to-value was 85.0%, with 60.0% above 90% LTV (very high). This implies large mortgage risk in Levelland, TX. Investor activity is low, as 3.0% of loans were by investors. 3.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 182 |
% Conventional Loans | 59.0% |
% Government Loans | 41.0% |
% Investor Loans | 3.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 3.0% |
Loan Activity
Rentals and Section 8 — Levelland, TX
Levelland, TX lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 201 |
Total Units Section 8 | 143 |
% Rentals under Section 8 | N/A |
% Occupied Section 8 | 79.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $190 | $650 | $840 |
| 2 Bedroom | $255 | $675 | $930 |
| 3 Bedroom | $60 | $1,250 | $1,310 |
| 4 Bedroom | N/A | N/A | $1,580 |
Affordability — Levelland, TX
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3 |
| Median Home Price | $159,000 |
| Median Household Income | $52,700 |