Is Lamesa, TX 79331 a buyer’s or seller’s market?

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

Lamesa is a balanced market. With about 5.6 months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.

Months of supply5.6Under 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 market39Listing to accepted offer
Median price per sq ft$112▲ +18.8% vs. last year

The Lamesa housing market right now

In the three months ending August 31, 2026, 0% of homes in Lamesa, TX 79331 sold above their list price, the typical home went under contract in 39 days and there were 5.6 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 17 home sales.

Compared with the same period a year earlier, the share selling over asking was about the same (0% then), homes sold faster (47 days then) and the median sale price rose 6% to $168,927. Overall, Lamesa is about as competitive as it was a year ago.

Nearby markets

Odonnell 79351 — /sq ft Browse all markets →

Where Lamesa is

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Questions about Lamesa real estate

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

A balanced market: there were 5.6 months of supply in Lamesa, TX 79331 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 Lamesa?

The typical home went under contract in 39 days in the latest three months.

Do homes in Lamesa sell over asking?

0% of homes sold above their original list price.

What are property taxes in Lamesa?

About 1.62% of a home’s value a year in Dawson County, or roughly $6,480 on a $400,000 home.

What is the median home price in Lamesa?

The median sale price was $168,927 in the three months ending August 31, 2026, about $112 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