Is Follett, TX 79034 a buyer’s or seller’s market?

3 months ending August 31, 2026 · Source: Redfin

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

Months of supply—Under 4 months = seller’s market

Sold above original list—Share of sales, last 3 months

Median sale-to-list—Sold price ÷ list price

Median days on market—Listing to accepted offer

Median price per sq ft—

The Follett housing market right now

There haven’t been enough recent sales here for a detailed summary yet.

About the area

Lipscomb County, TX

Population	418
Median income	$89,250
Average income	$104,036
Median home value	$123,100
Owner-occupied	86% of homes
Median year built	1963

Natural hazard riskWildfire (relatively high), tornadoes (relatively high), winter storms (relatively high)

Source: U.S. Census Bureau, American Community Survey 2020–2024 5-year estimates (household income; home value as estimated by owners), ZIP code tabulation area 79034; hazard risk from the FEMA National Risk Index for the census tracts in this ZIP code (not endorsed by FEMA).

Run the numbers for 79034

Prefilled for 79034Can I win this house?Multiple-offer likelihood for a listing Prefilled for 79034Over-asking calculatorTypical range over list ToolOffer strength scoreHow your offer looks to a seller ToolAppraisal gapCash needed if it appraises low

Nearby markets

Booker 79005Seller’s market $114 /sq ft Higgins 79046 — /sq ft Lipscomb 79056 $50 /sq ft Browse all markets →

Where Follett is

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Questions about Follett real estate

What are property taxes in Follett?

About 1.41% of a home’s value a year in Lipscomb County, or roughly $5,640 on a $400,000 home.

Local agents

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More tools for 79034

Competition score Buyer leverage Negotiation room Compare with other ZIP codes True cost to buy Property taxes Closing costs Cash buyers Backup offer odds Home value Lipscomb County property taxes Lipscomb County loan limits Closing costs in Texas Hottest ZIP codes in Texas

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