Location: Nolan County, TX | Metro: Fisher County, TX
Based on 1% Rule: A+ (≥1.5%) | A (≥1.2%) | B (≥1.0%) | C (≥0.8%) | D (≥0.6%) | F (<0.6%)
| Unit Size | Monthly FMR |
|---|---|
| Studio | $830 |
| 1 Bedroom | $840 |
| 2 Bedrooms | $1,090 |
| 3 Bedrooms | $1,500 |
| 4 Bedrooms | $1,570 |
| 5 Bedrooms | $1,821 |
| 6 Bedrooms | $2,040 |
| 7 Bedrooms | $2,203 |
| 8 Bedrooms | $2,313 |
Zillow median home prices vs Section 8 FMR rates (Data: 2026-07-31)
| Bedrooms | Monthly FMR | Median Price | 1% Rule | Grade |
|---|---|---|---|---|
| 3BR | $1,500 | $182,036 | 0.82% | C |
U.S. Census Bureau data (2024)
The market in ZIP code 79556 presents a dynamic environment for real estate investors. The Fair Market Rent (FMR) for the area is set at $1,000 for the fiscal year 2026, indicating a steady expectation for rental values. However, the actual market rent as per the latest Census ACS data is slightly lower at $903, suggesting that there might be some downward pressure on rents due to competition or other factors.
A key metric to consider is the price-cut share, which stands at 0.2%. This figure is exceptionally low, implying that most properties are selling at or near their original asking prices. This could indicate a market where demand is strong relative to supply, although the lack of days on the market (DOM) data prevents a definitive conclusion on inventory turnover rates.
The median home value in 79556 is $107,692, which places it in an affordable range for many potential buyers. This affordability can attract first-time homebuyers and those looking to relocate, potentially increasing demand over time.
With a renter share of 34.0%, it's evident that a significant portion of the population prefers renting over owning. This long-term trend suggests ongoing housing pressure in favor of rental properties. Landlords and small-portfolio investors should take note of this high renter share as it indicates a stable and possibly growing demand for rental units in the area.
In summary, the data points towards a market where demand is likely outpacing supply, particularly for rental properties. The low price-cut share and the substantial renter share suggest that the area is experiencing positive dynamics for rental investments. The relatively low median home value also supports the idea that the market is attractive to new residents, further bolstering the rental sector's potential.
Data Sources: FMR data from HUD (2027). Median home prices from Zillow (2026-07-31). Demographics from U.S. Census (2024).
About FMR: Fair Market Rent (FMR) is used to determine payment standards for the Section 8 Housing Choice Voucher program, initial renewal rents for some expiring project-based Section 8 contracts, and rent ceilings for HOME Investment Partnerships.