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Is Bovina, TX 79009 a buyer’s or seller’s market?

Seller’s market 3 months ending August 31, 2026 · Source: Redfin

Bovina is a seller’s market. With about 3.2 months of supply and 100% of recent sales closing above the original list price, competing offers are common on well-priced homes. Buyers here often have a pre-approval in hand and a plan for the appraisal gap before touring.

Months of supply3.2Under 4 months = seller’s market
Sold above original list99.9%Share of sales, last 3 months
Median sale-to-list101.1%Sold price ÷ list price
Median days on market81Listing to accepted offer
Median price per sq ft$143▲ +45.2% vs. last year

The Bovina housing market right now

In the three months ending August 31, 2026, 100% of homes in Bovina, TX 79009 sold above their list price, the typical home went under contract in 81 days and there were 3.2 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. With only 1 sale, these figures can swing a lot from month to month.

Compared with the same period a year earlier, the share selling over asking rose from 0%, homes sold faster (87 days then) and the median sale price fell 13% to $181,921. Overall, Bovina is more competitive than a year ago, so tougher for buyers.

Run the numbers for 79009

Prefilled for 79009Can I win this house?Multiple-offer likelihood for a listing Prefilled for 79009Over-asking calculatorTypical range over list ToolOffer strength scoreHow your offer looks to a seller ToolAppraisal gapCash needed if it appraises low

Nearby markets

Farwell 79325 — /sq ftFriona 79035Buyer’s market $82 /sq ft Browse all markets →

Towns like Bovina nearby

Find towns like Bovina in other states →
Farwell, TX79325 · 11 miles away87% similarpricier homes ($47K more) · 5 min shorter commute Sudan, TX79371 · 37 miles away80% similarmore homeowners Texico, NM88135 · 13 miles away79% similarpricier homes ($29K more) · older residents Muleshoe, TX79347 · 22 miles away77% similarlarger · more homeowners

Where Bovina is

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Questions about Bovina real estate

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

A seller’s market: there were 3.2 months of supply in Bovina, TX 79009 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 Bovina?

The typical home went under contract in 81 days in the latest three months.

Do homes in Bovina sell over asking?

100% of homes sold above their original list price, and the typical sale closed at 101.1% of the list price.

What are property taxes in Bovina?

About 1.28% of a home’s value a year in Parmer County, or roughly $5,120 on a $400,000 home.

What is the median home price in Bovina?

The median sale price was $181,921 in the three months ending August 31, 2026, about $143 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