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Is Lipan, TX 76462 a buyer’s or seller’s market?

Balanced 3 months ending August 31, 2026 · Source: Redfin

Lipan is a balanced market. With about 5.9 months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.

Competition score27/ 100

More competitive than 22% of U.S. ZIP codes, and #376 of 881 in the state.

Based on share sold above original list, sale-to-list ratio, months of supply and days on market for the 3 months ending July 31, 2026. See the breakdown

Months of supply5.9Under 4 months = seller’s market
Sold above original list7.7%Share of sales, last 3 months
Median sale-to-list98.3%Sold price ÷ list price
Median days on market53Listing to accepted offer
Median price per sq ft$203▼ −6.7% vs. last year

The Lipan housing market right now

In the three months ending August 31, 2026, 8% of homes in Lipan, TX 76462 sold above their list price, the typical home went under contract in 53 days and there were 5.9 months of supply. Four to six months of supply is a balanced market, where pricing and condition decide how much room there is to negotiate. That’s based on 13 home sales.

Compared with the same period a year earlier, the share selling over asking rose from 0%, homes sold faster (168 days then) and the median sale price rose 15% to $498,784. Overall, Lipan is more competitive than a year ago, so tougher for buyers.

Nearby, Granbury 76048 (11% sold over asking) and Tolar 76476 (10% sold over asking) are even more competitive.

Run the numbers for 76462

Prefilled for 76462Can I win this house?Multiple-offer likelihood for a listing Prefilled for 76462Over-asking calculatorTypical range over list ToolOffer strength scoreHow your offer looks to a seller ToolAppraisal gapCash needed if it appraises low

Nearby markets

Granbury 76048Balanced $177 /sq ftGranbury 76049Balanced $196 /sq ftTolar 76476Balanced $203 /sq ft Browse all markets →

Towns like Lipan nearby

Find towns like Lipan in other states →
Millsap, TX76066 · 16 miles away88% similar5 min shorter commute Godley, TX76044 · 25 miles away79% similarpricier homes ($54K more) · larger Weatherford, TX76088 · 24 miles away77% similarpricier homes ($48K more) · larger Tolar, TX76476 · 10 miles away76% similarcheaper homes ($111K less) · 5 min shorter commute

Where Lipan is

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Questions about Lipan real estate

Is Lipan a buyer’s or seller’s market?

A balanced market: there were 5.9 months of supply in Lipan, TX 76462 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.

How fast do homes sell in Lipan?

The typical home went under contract in 53 days in the latest three months.

Do homes in Lipan sell over asking?

8% of homes sold above their original list price, and the typical sale closed at 98.3% of the list price.

What are property taxes in Lipan?

About 1.05% of a home’s value a year in Hood County, or roughly $4,200 on a $400,000 home.

What is the median home price in Lipan?

The median sale price was $498,784 in the three months ending August 31, 2026, about $203 per square foot.

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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology