Is Ransom Canyon, TX 79366 a buyer’s or seller’s market?
Ransom Canyon 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.
The Ransom Canyon housing market right now
In the three months ending August 31, 2026, 0% of homes in Ransom Canyon, TX 79366 sold above their list price, the typical home went under contract in 75 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 (39 days then) and the median sale price fell 17% to $352,348. Overall, Ransom Canyon is less competitive than a year ago, which gives buyers more room.
Within Lubbock County, homes here sell more slowly than in 87% 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 79366
Nearby markets
Idalou 79329Balanced $208 /sq ftLubbock 79401Buyer’s market $114 /sq ftLubbock 79403Buyer’s market $124 /sq ftLubbock 79404Buyer’s market $96 /sq ft Browse all markets →Towns like Ransom Canyon nearby
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Questions about Ransom Canyon real estate
Is Ransom Canyon a buyer’s or seller’s market?
A seller’s market: there were 2.9 months of supply in Ransom Canyon, TX 79366 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 Ransom Canyon?
The typical home went under contract in 75 days in the latest three months.
Do homes in Ransom Canyon sell over asking?
0% of homes sold above their original list price.
What are property taxes in Ransom Canyon?
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 Ransom Canyon?
The median sale price was $352,348 in the three months ending August 31, 2026, about $160 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