79331 — Gaines County, Texas Market Snapshot
Housing market data for zip code 79331 in Gaines County, Texas. Updated monthly with median prices, days on market, and more.
Market Sales Data
17 sales in 2026 (year to date)
Median Sale Price
$185,000
Days to Sell
42
Homes Sold
17
Inventory
21
Sale-to-List
100.0%
New Listings
22
Price/SqFt
$98
Pending Sales
20
Conforming Loan Available
Most homebuyers in 79331 can comfortably use conventional financing. The median home price of $185,000 is well below the 2026 conforming loan limit of $832,750, meaning buyers can put as little as 3-5% down without hitting jumbo loan territory.
Market Insights
Market Temperature
79331's market is balanced with homes taking an average of 42 days to sell. Buyers have some negotiating room without the pressure of bidding wars.
Sale-to-List Ratio
Homes are selling very close to asking price in 79331 (100.0% sale-to-list ratio), indicating accurate pricing by sellers and steady demand.
Conforming Loan Feasibility
Most homebuyers in 79331 can comfortably use conventional financing. The median home price of $185,000 is well below the 2026 conforming loan limit of $832,750, meaning buyers can put as little as 3-5% down without hitting jumbo loan territory.
Loan limits in 79331 are set at the county level.
2026 Loan Limits — Gaines County
| Property Units | Conforming Limit | FHA Limit |
|---|---|---|
| 1 Unit | $832,750 | $541,287 |
| 2 Units | $1,066,250 | $693,050 |
| 3 Units | $1,288,800 | $837,700 |
| 4 Units | $1,601,750 | $1,041,125 |
Affordability Snapshot — Zip 79331
To purchase the median home at $185,000 with 5% down at today's rate of 6.75%, the estimated monthly payment is approximately $1,567.
Monthly Payment
$1,567
Income Required
$67,175
Principal & Interest
$1,140/mo
Down Payment (5%)
$9,250
Based on 30-year fixed at 6.75%, 1.8% property tax, $1,800/yr insurance, 28% DTI guideline.
Mortgage Calculator
Estimate your monthly payment for a home in 79331.
Estimated Monthly Payment
$1,295
Connect with a LoanGraphs Loan Officer
Get expert guidance for zip code 79331. Tell us what you're looking for.