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Is Idalou, TX 79329 a buyer’s or seller’s market?

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

Idalou is a balanced market. With about 5.2 months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.

Months of supply5.2Under 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 market40Listing to accepted offer
Median price per sq ft$208▲ +12.0% vs. last year

The Idalou housing market right now

In the three months ending August 31, 2026, 0% of homes in Idalou, TX 79329 sold above their list price, the typical home went under contract in 40 days and there were 5.2 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 11 home sales.

Compared with the same period a year earlier, the share selling over asking was about the same (0% then), homes sold faster (65 days then) and the median sale price rose 15% to $489,688. Overall, Idalou is more competitive than a year ago, so tougher for buyers.

Within Lubbock County, homes here sell faster than in 69% of the county’s ZIP codes, and sell less often over asking than in any other ZIP code in the county.

Run the numbers for 79329

Prefilled for 79329Can I win this house?Multiple-offer likelihood for a listing Prefilled for 79329Over-asking calculatorTypical range over list ToolOffer strength scoreHow your offer looks to a seller ToolAppraisal gapCash needed if it appraises low

Nearby markets

Lubbock 79401Buyer’s market $114 /sq ftLubbock 79403Buyer’s market $124 /sq ftLubbock 79404Buyer’s market $96 /sq ftLubbock 79410Balanced $121 /sq ft Browse all markets →

Towns like Idalou nearby

Find towns like Idalou in other states →
Abernathy, TX79311 · 17 miles away75% similarcheaper homes ($43K less) · younger residents Ropesville, TX79358 · 31 miles away73% similarsmaller · younger residents Tahoka, TX79373 · 32 miles away71% similarcheaper homes ($83K less) · younger residents Shallowater, TX79363 · 18 miles away65% similarhigher income ($29K more) · larger

Where Idalou is

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Questions about Idalou real estate

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

A balanced market: there were 5.2 months of supply in Idalou, TX 79329 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 Idalou?

The typical home went under contract in 40 days in the latest three months.

Do homes in Idalou sell over asking?

0% of homes sold above their original list price.

What are property taxes in Idalou?

About 1.51% of a home’s value a year in Lubbock County, or roughly $6,040 on a $400,000 home.

What is the median home price in Idalou?

The median sale price was $489,688 in the three months ending August 31, 2026, about $208 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