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Is Muleshoe, TX 79347 a buyer’s or seller’s market?

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

Muleshoe is a seller’s market. With about 2.9 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 supply2.9Under 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 market76Listing to accepted offer
Median price per sq ft$110▲ +29.8% vs. last year

The Muleshoe housing market right now

In the three months ending August 31, 2026, 0% of homes in Muleshoe, TX 79347 sold above their list price, the typical home went under contract in 76 days and there were 2.9 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 12 home sales.

Compared with the same period a year earlier, the share selling over asking was about the same (0% then), homes sold more slowly (31 days then) and the median sale price rose 22% to $182,421. Overall, Muleshoe is less competitive than a year ago, which gives buyers more room.

Run the numbers for 79347

Prefilled for 79347Can I win this house?Multiple-offer likelihood for a listing Prefilled for 79347Over-asking calculatorTypical range over list ToolOffer strength scoreHow your offer looks to a seller ToolAppraisal gapCash needed if it appraises low

Nearby markets

Sudan 79371Seller’s market $90 /sq ft Browse all markets →

Towns like Muleshoe nearby

Find towns like Muleshoe in other states →
Littlefield, TX79339 · 32 miles away90% similarcheaper homes ($27K less) Sudan, TX79371 · 16 miles away84% similarsmaller Friona, TX79035 · 29 miles away82% similarpricier homes ($53K more) · older residents Farwell, TX79325 · 18 miles away79% similarpricier homes ($58K more) · smaller

Where Muleshoe is

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Questions about Muleshoe real estate

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

A seller’s market: there were 2.9 months of supply in Muleshoe, TX 79347 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 Muleshoe?

The typical home went under contract in 76 days in the latest three months.

Do homes in Muleshoe sell over asking?

0% of homes sold above their original list price.

What are property taxes in Muleshoe?

About 1.52% of a home’s value a year in Bailey County, or roughly $6,080 on a $400,000 home.

What is the median home price in Muleshoe?

The median sale price was $182,421 in the three months ending August 31, 2026, about $110 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