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Is Brownfield, TX 79316 a buyer’s or seller’s market?

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

Brownfield is a seller’s market. With about 3.6 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 supply3.6Under 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 market41Listing to accepted offer
Median price per sq ft$89▼ −4.8% vs. last year

The Brownfield housing market right now

In the three months ending August 31, 2026, 0% of homes in Brownfield, TX 79316 sold above their list price, the typical home went under contract in 41 days and there were 3.6 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 25 home sales.

Compared with the same period a year earlier, the share selling over asking was about the same (0% then), homes sold faster (57 days then) and the median sale price fell 9% to $153,933. Overall, Brownfield is more competitive than a year ago, so tougher for buyers.

Run the numbers for 79316

Prefilled for 79316Can I win this house?Multiple-offer likelihood for a listing Prefilled for 79316Over-asking calculatorTypical range over list ToolOffer strength scoreHow your offer looks to a seller ToolAppraisal gapCash needed if it appraises low

Nearby markets

Wellman 79378 — /sq ft Browse all markets →

Towns like Brownfield nearby

Find towns like Brownfield in other states →
Lubbock, TX79404 · 35 miles away90% similarVery close on income, prices and more Lamesa, TX79331 · 35 miles away87% similarVery close on income, prices and more Lubbock, TX79412 · 35 miles away75% similarpricier homes ($27K more) · more renters Levelland, TX79336 · 29 miles away73% similarpricier homes ($36K more) · larger

Where Brownfield is

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Questions about Brownfield real estate

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

A seller’s market: there were 3.6 months of supply in Brownfield, TX 79316 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 Brownfield?

The typical home went under contract in 41 days in the latest three months.

Do homes in Brownfield sell over asking?

0% of homes sold above their original list price.

What are property taxes in Brownfield?

About 1.69% of a home’s value a year in Terry County, or roughly $6,760 on a $400,000 home.

What is the median home price in Brownfield?

The median sale price was $153,933 in the three months ending August 31, 2026, about $89 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