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Is Lockney, TX 79241 a buyer’s or seller’s market?

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

Lockney is a seller’s market. With about 2.4 months of supply and 0% 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 supply2.4Under 4 months = seller’s market
Sold above original list0%Share of sales, last 3 months
Median sale-to-list—Sold price ÷ list price
Median days on market56Listing to accepted offer
Median price per sq ft$75▲ +12.4% vs. last year

The Lockney housing market right now

In the three months ending August 31, 2026, 0% of homes in Lockney, TX 79241 sold above their list price, the typical home went under contract in 56 days and there were 2.4 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. With only 4 sales, these figures can swing a lot from month to month.

Compared with the same period a year earlier, the share selling over asking was about the same (0% then), homes sold more slowly (34 days then) and the median sale price rose 18% to $164,879. Overall, Lockney is less competitive than a year ago, which gives buyers more room.

Run the numbers for 79241

Prefilled for 79241Can I win this house?Multiple-offer likelihood for a listing Prefilled for 79241Over-asking calculatorTypical range over list ToolOffer strength scoreHow your offer looks to a seller ToolAppraisal gapCash needed if it appraises low

Nearby markets

Floydada 79235Seller’s market $59 /sq ft Browse all markets →

Towns like Lockney nearby

Find towns like Lockney in other states →
Hale Center, TX79041 · 26 miles away91% similarVery close on income, prices and more Floydada, TX79235 · 13 miles away73% similaryounger residents · more renters Ralls, TX79357 · 32 miles away71% similaryounger residents · 12 min longer commute Lorenzo, TX79343 · 34 miles away69% similarpricier homes ($34K more) · smaller

Where Lockney is

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Questions about Lockney real estate

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

A seller’s market: there were 2.4 months of supply in Lockney, TX 79241 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 Lockney?

The typical home went under contract in 56 days in the latest three months.

Do homes in Lockney sell over asking?

0% of homes sold above their original list price.

What are property taxes in Lockney?

About 1.24% of a home’s value a year in Floyd County, or roughly $4,960 on a $400,000 home.

What is the median home price in Lockney?

The median sale price was $164,879 in the three months ending August 31, 2026, about $75 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