Is Monahans, TX 79756 a buyer’s or seller’s market?

3 months ending August 31, 2026 · Source: Redfin

Monahans is a balanced market. With about null months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.

Months of supply—Under 4 months = seller’s market

Sold above original list—Share of sales, last 3 months

Median sale-to-list—Sold price ÷ list price

Median days on market—Listing to accepted offer

Median price per sq ft—

The Monahans housing market right now

There haven’t been enough recent sales here for a detailed summary yet.

About the area

Ward County, TX

Population	9,485
Median income	$67,468
Average income	$96,326
Median home value	$160,600
Median rent	$1,133/month
Owner-occupied	77% of homes
Median year built	1973

Natural hazard riskWinter storms (relatively high), hail (relatively high), wildfire (moderate)

Source: U.S. Census Bureau, American Community Survey 2020–2024 5-year estimates (household income; home value as estimated by owners), ZIP code tabulation area 79756; hazard risk from the FEMA National Risk Index for the census tracts in this ZIP code (not endorsed by FEMA).

Run the numbers for 79756

Prefilled for 79756Can I win this house?Multiple-offer likelihood for a listing Prefilled for 79756Over-asking calculatorTypical range over list ToolOffer strength scoreHow your offer looks to a seller ToolAppraisal gapCash needed if it appraises low

Nearby markets

Barstow 79719 — /sq ft Grandfalls 79742 — /sq ft Pyote 79777 — /sq ft Wickett 79788 — /sq ft Browse all markets →

Towns like Monahans nearby

Find towns like Monahans in other states →

Crane, TX79731 · 35 miles away89% similarcheaper homes ($31K less) · smaller Kermit, TX79745 · 22 miles away75% similarsmaller · 9 min longer commute Odessa, TX79761 · 37 miles away75% similarlarger · younger residents Odessa, TX79763 · 33 miles away65% similarcheaper homes ($28K less) · larger

Where Monahans is

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Questions about Monahans real estate

What are property taxes in Monahans?

About 0.64% of a home’s value a year in Ward County, or roughly $2,560 on a $400,000 home.

Local agents

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More tools for 79756

Competition score Buyer leverage Negotiation room Compare with other ZIP codes True cost to buy Property taxes Closing costs Cash buyers Backup offer odds Home value Ward County property taxes Ward County loan limits Closing costs in Texas Hottest ZIP codes in Texas

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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology