Muleshoe, Texas.
Typical home $148,614 (-0.8% in a year).
to buy the typical home at today's mortgage rate — +$355 (+83%) since Jan 2020.
- 1 year
- Down $1,218 -1%
- $149,832$148,614 since Sep 2025
- 5 years
- Up $7,548 +5%
- $141,067$148,614 since Sep 2021
Monthly payment to buy the typical home
Home value × that month's 30-year mortgage rate, 20% down, principal and interest. This is the line households feel: prices and rates compound each other.
- Muleshoe$780
- Texas$1,556
- United States$1,922
At the last five years' pace, a typical home here doubles in price every 66 years.
Typical home values in Muleshoe, TX fell 0.8% over the past year — slower than the nation's +1.2%.
Living in Muleshoe, Bailey County, Texas
Muleshoe is a city of 5,160 people in Bailey County. 80% of its homes are lived in by their owners and 20% are rented. Unemployment in Bailey County was 4.2% in August 2026, and the county had 0.8% more jobs in 2025 than the year before. The most residents work in schools and health care, then manufacturing.
Written by AI Claude Sonnet 5.5 wrote this on 23 October 2026 from the figures here, a list of nearby places and what it knows. It can be wrong or out of date.
What it’s like
The place. Muleshoe is a small city on the Texas plains, and most of its homes are lived in by their owners. Residents are younger on average than in many American towns, and fewer adults hold a four-year degree than across the country. Winters are cold, with only light snowfall, and summers are hot and fairly dry.
Work. The work people do here centres on schools, hospitals and social care, followed by manufacturing, shops, and farming. Among the largest workplaces in Muleshoe are Muleshoe ISD, the local school district, along with United Supermarkets and Bailey County Electric Cooperative. Most people have a fairly short drive to work, and few work from home.
Things to do. For time outdoors, Muleshoe National Wildlife Refuge is a protected area, a longer drive away. Grulla National Wildlife Refuge is another protected area, also a longer drive away. Both are places for quiet walks and watching birds and other wildlife.
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- 1,785households
- 13%of adults have a degree
- 11%below the poverty line
- 19 mintypical commute
- 4%work from home
What residents work in
Employed residents by industry, from the Census survey. Bailey County had 2,412 jobs in 2025, 0.8% more than the year before (Bureau of Labor Statistics).
Weather through the year
Coldest in January, with highs near 53° and lows near 20°; warmest in July, with highs near 92° and lows near 63°. About 8 inches of snow and 18 inches of rain and melted snow a year.
Average daily high and low, 1991–2020, at the Muleshoe #1 weather station, under a mile away (NOAA).
Largest workplaces in Muleshoe
- Muleshoe ISDSchool district218FTE
- United SupermarketsSupermarket96
- Bailey County Electric CooperativeDistribution of electric power44
- Five Area Telephone CooperativeTelecommunications carriers, wired30
- TaherCafeteria food services contractors21
Staff on average in 2025, as each workplace reported it to OSHA with its injury records: 4 workplaces with 20 or more staff, 191 people in all. School districts come from the Common Core of Data (NCES, 2023–24); FTE marks full-time equivalent staff. Not listed: many offices and banks, which need not report to OSHA; military bases, whose staff OPM withholds; and, in about half the states, city and county governments.
Natural hazards
- Strong windVery high
- Cold wavesVery high
- Winter weatherVery high
- HailRelatively high
- WildfireRelatively high
- TornadoesRelatively high
FEMA’s National Risk Index (December 2025) rates the risk each natural hazard poses to the people, buildings and farms in Muleshoe’s census tracts, against the rest of the country; all of them together, relatively moderate. It is meant for planning, not a substitute for a local risk assessment or a flood map: FEMA’s index.
From the U.S. Census Bureau’s 2020 census and its American Community Survey (2020–2024 five-year estimates), and the Bureau of Labor Statistics. A survey, so each figure has a margin of error, and figures it is not sure of are left out. More on Bailey County.
Muleshoe home values
Zillow measures a city over its municipal boundary. Against the state and national figures, mid-tier homes, smoothed and seasonally adjusted.
- Muleshoe$148,614
- Texas$296,424
- United States$366,157
Sellers are cutting prices on about 1 in 9 Muleshoe listings — the market is heating up.
When this market ran hot
Each cell is that month's year-on-year home-value growth. Read left to right, top row is the latest year — the 2021–22 band is the boom.
Market heat, inside the city limits
Share of listings with a price cut
The early-warning dial: sellers cut when buyers stop reaching. Rising cuts cool a market months before prices notice.
- Muleshoe11.47%
- United States26.90%
Homes for sale
Active for-sale inventory. More supply hands power to buyers.
- Muleshoe24
New listings per month
Sellers arriving at the market.
Not enough data to draw this yet.
Zip codes with a Muleshoe address
A different geography, not a breakdown. The figure above covers the municipality; these zips cover everywhere the Post Office calls Muleshoe — often including townships beyond the city limits. Both come straight from Zillow, and they are not expected to average out.