ZIP Code Market Report
78946 — Ledbetter, TX
Data through February 2026 · Updated monthly
Avg Home Value
$468,627
▲ 0.8% year-over-year
Month-over-Month
-0.0%
▼ 0.0%
Single Family
$465,006
Condo / Co-op
--
The average home value in the 78946 ZIP code (Ledbetter, TEXAS) is $468,627 as of February 2026. Home prices are stable, up 0.8% compared to last year.
The market in 78946 has a $715,449 spread between bottom-tier homes at $247,377 and top-tier homes at $962,826. Bottom-tier properties represent the primary opportunity range for real estate investors using the 70% rule, fix-and-flip, or BRRRR strategies.
This report is part of the Lee County market area in TEXAS. For a broader view of the housing market including rent data, market activity, and affordability analysis, see the full Lee County report.
Free Home Value Estimate
What's your home worth in 78946 (Ledbetter)?
Get a free estimate based on recent sales and market data in your neighborhood. See how your home compares.
Free · Takes 30 seconds · Based on real sale data
Market Snapshot
78946 Housing Market at a Glance
Key metrics for the last 3 months with trend direction.
| Metric | Dec 2025 | Jan 2026 | Feb 2026 | 3-Mo Change |
|---|---|---|---|---|
| Avg Home Value | $470,855 | $468,695 | $468,627 | ▼ 0.5% |
| Single Family Value | $465,731 | $464,649 | $465,006 | ▼ 0.2% |
Home Values
78946 Home Value Trend
Historical home values for ZIP code 78946. Switch between All Homes, Single Family, Bottom Tier, and Top Tier.
Source: Zillow Research ZHVI / ZORI · Updated monthly
Property Types
Home Values by Property Type in 78946
How different property types compare in this ZIP code.
All Homes
$468,627
Single Family
$465,006
Bottom Tier
$247,377
Top Tier
$962,826
Data Sources and Methodology
Home value data for ZIP code 78946 comes from the Zillow Home Value Index (ZHVI), updated monthly. ZHVI measures the typical home value using Zillow's automated valuation model, smoothed and seasonally adjusted.
This report was last updated February 2026. Data is refreshed on the 17th of each month.
Investing in Ledbetter?
Run your ARV and MAO instantly with live market data