House Prices

House Prices & Home Values Pep, TX 2026


Average Data

average house price$210,110
average size per house2153 ft²
average price per ft²98 $ / ft²

04/19/2026 - The value range (VR) for house prices in Pep, TX is $50/ sqft to $50/ sqft. An average home with 2153 sqft costs approximately $107,650 to $107,650. Pep, TX includes 1 ZIP codes and it is located in Hockley county. The lowest prices are found in ZIP 79353, while the highest are in ZIP 79353. The average price per sqare feet is $98. Our analysis is based on 41 property listings.

Avergage prices by ZIP codes Pep

7935348 $ / ft²




Historical development of home values in Pep

Year Estimated value (USD) Change vs. 2025
2010 $97,579 -53.6%
2011 $93,805 -55.4%
2012 $93,553 -55.5%
2013 $97,050 -53.8%
2014 $101,875 -51.5%
2015 $107,104 -49.0%
2016 $112,693 -46.4%
2017 $118,776 -43.5%
2018 $125,343 -40.3%
2019 $131,155 -37.6%
2020 $137,935 -34.4%
2021 $156,886 -25.3%
2022 $182,894 -13.0%
2023 $192,870 -8.2%
2024 $204,027 -2.9%
2025 $210,110 0.0%

Graph: estimated home values in Pep over time (USD)



Example: 100% financing house in Pep

Loan amount: $210,110

Interest rate: 6.00%

Fixed monthly payment: $1,259.72

Breakdown in the 1st month:
Interest portion: $1,050.55  –  Principal portion: $209.17

Yearly breakdown (100% financing)

Year Interest per year ($) Principal per year ($) Remaining balance at year-end ($)
1 $12,536.41 $2,580.18 $207,529.82
2 $12,377.27 $2,739.31 $204,790.51
3 $12,208.32 $2,908.27 $201,882.24
4 $12,028.94 $3,087.65 $198,794.59
5 $11,838.50 $3,278.08 $195,516.51
6 $11,636.32 $3,480.27 $192,036.24
7 $11,421.66 $3,694.93 $188,341.31
8 $11,193.77 $3,922.82 $184,418.49
9 $10,951.82 $4,164.77 $180,253.72
10 $10,694.94 $4,421.65 $175,832.08
11 $10,422.22 $4,694.36 $171,137.71
12 $10,132.69 $4,983.90 $166,153.81
13 $9,825.29 $5,291.30 $160,862.52
14 $9,498.93 $5,617.65 $155,244.86
15 $9,152.45 $5,964.14 $149,280.73
16 $8,784.60 $6,331.99 $142,948.74
17 $8,394.05 $6,722.54 $136,226.20
18 $7,979.42 $7,137.17 $129,089.03
19 $7,539.22 $7,577.37 $121,511.66
20 $7,071.86 $8,044.73 $113,466.94
21 $6,575.68 $8,540.91 $104,926.03
22 $6,048.89 $9,067.69 $95,858.33
23 $5,489.62 $9,626.97 $86,231.37
24 $4,895.85 $10,220.74 $76,010.63
25 $4,265.46 $10,851.13 $65,159.50
26 $3,596.18 $11,520.41 $53,639.09
27 $2,885.63 $12,230.96 $41,408.13
28 $2,131.25 $12,985.34 $28,422.79
29 $1,330.34 $13,786.24 $14,636.55
30 $480.04 $14,636.55 $0.00

Note: The calculation is based on a standard annuity mortgage with a fixed monthly payment over the entire term. Extra payments, interest rate changes, and additional purchase costs (e.g. taxes, notary fees) are not included.


How to sell in Pep, TX


1500 sqft3900 sqft
Ø selling price$177,870$378,379
Ø fast selling$161,700$340,541
Ø high price sale$194,041$416,216

In 2026, houses in Pep, TX will be offered at an average price of $98 per square foot. A 1,500 sqft home priced at $177,870 is 21.97% more expensive per square foot than a 3,900 sqft home priced at $378,379. Home prices in Pep, TX vary significantly depending on the neighborhood and location. For a quick sale, a 2,700 sqft home should be listed at around $261,955. Sellers who can wait longer may achieve a higher price of up to $320,166.


Guide to Pep, TX

Overview

Pep, TX is a small unincorporated community in Hockley County on the South Plains of West Texas. Known for wide-open skies and agricultural heritage, Pep, Texas reflects the rugged spirit of the Llano Estacado.
The area?s economy centers on farming and ranching, with cotton, sorghum, and cattle shaping the local landscape.

History and Geography

Pep grew as a rural service point for surrounding farms along farm-to-market roads. Its high-plains elevation brings big temperature swings, brilliant sunsets, and frequent breezes ideal for windbreaks. Proximity to regional hubs like Levelland and Lubbock provides access to shopping, health care, and higher education.

Community and Lifestyle

Life in Pep, TX emphasizes neighborly connections, church gatherings, and local events that anchor the calendar. Outdoor enthusiasts enjoy bird-watching, roadside wildflowers in wet years, and expansive starry nights with minimal light pollution.
Travelers passing through will find quiet roads, agricultural vistas, and seasonal farm activity that showcase authentic West Texas. Homebuyers and small businesses exploring Pep, Texas appreciate affordable land, low congestion, and a strategic location amid the South Plains.



FAQ – Home Values in Pep

What is the median home value in Pep in 2026?

In 2026, the typical home value in Pep is about $210,110 for an average home size of 2153 square feet. This corresponds to an average price of roughly $98 per square foot.

What is the average cost per square foot in Pep?

In 2026, homes in Pep sell for an average of around $98 per square foot, with a typical range between $50 and $50 per square foot, depending on the property’s location, condition, and lot size.

What is the average home size in ?

The average home size in Pep is about 2153 square feet, with an estimated 2026 value around $210,110.



Locations close to Pep, TX

Plains, TX116 $ / ft²
Post, TX79 $ / ft²
Ralls, TX45 $ / ft²
Odonnell, TX64 $ / ft²
New Deal, TX48 $ / ft²
Muleshoe, TX57 $ / ft²
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