Is New Home, TX 79383 a buyer’s or seller’s market?

3 months ending August 31, 2026 · Source: Redfin

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

Months of supply—Under 4 months = seller’s market

Sold above original list—Share of sales, last 3 months

Median sale-to-list—Sold price ÷ list price

Median days on market—Listing to accepted offer

Median price per sq ft—

The New Home housing market right now

There haven’t been enough recent sales here for a detailed summary yet.

About the area

Lynn County, TX

Population	38
Average income	$27,131
Owner-occupied	38% of homes
Median year built	1968

Natural hazard riskHail (very high), tornadoes (relatively high), wildfire (moderate)

Source: U.S. Census Bureau, American Community Survey 2020–2024 5-year estimates (household income; home value as estimated by owners), ZIP code tabulation area 79383; hazard risk from the FEMA National Risk Index for the census tracts in this ZIP code (not endorsed by FEMA).

Run the numbers for 79383

Prefilled for 79383Can I win this house?Multiple-offer likelihood for a listing Prefilled for 79383Over-asking calculatorTypical range over list ToolOffer strength scoreHow your offer looks to a seller ToolAppraisal gapCash needed if it appraises low

Nearby markets

Tahoka 79373Buyer’s market $116 /sq ft Wilson 79381Buyer’s market $179 /sq ft Browse all markets →

Where New Home is

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Questions about New Home real estate

What are property taxes in New Home?

About 1.77% of a home’s value a year in Lynn County, or roughly $7,080 on a $400,000 home.

Local agents

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More tools for 79383

Competition score Buyer leverage Negotiation room Compare with other ZIP codes True cost to buy Property taxes Closing costs Cash buyers Backup offer odds Home value Lynn County property taxes Lynn County loan limits Closing costs in Texas Hottest ZIP codes in Texas

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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology