Is Lubbock, TX 79403 a buyer’s or seller’s market?

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

Lubbock is a buyer’s market. With about 6.2 months of supply, buyers usually have more time and more room to negotiate on price and terms.

Competition score22/ 100

More competitive than 17% of U.S. ZIP codes, and #476 of 868 in the state.

Based on share sold above original list, sale-to-list ratio, months of supply and days on market for the 3 months ending August 31, 2026. See the breakdown

Months of supply6.2Under 4 months = seller’s market
Sold above original list0%Share of sales, last 3 months
Median sale-to-list100%Sold price ÷ list price
Median days on market83Listing to accepted offer
Median price per sq ft$124▲ +26.4% vs. last year

The Lubbock housing market right now

In the three months ending August 31, 2026, 0% of homes in Lubbock, TX 79403 sold above their list price, the typical home went under contract in 83 days and there were 6.2 months of supply. More than six months of supply favors buyers, who usually have more time and more room to negotiate. That’s based on 42 home sales.

Compared with the same period a year earlier, the share selling over asking fell from 6%, homes sold more slowly (62 days then) and the median sale price rose 61% to $204,901. Overall, Lubbock is less competitive than a year ago, which gives buyers more room.

Within Lubbock County, homes here sell more slowly than in 94% of the county’s ZIP codes, and sell less often over asking than in any other ZIP code in the county. On our competition score, Lubbock ranks #476 of 868 TX ZIP codes with enough sales (score 22 out of 100).

Nearby markets

Idalou 79329Balanced $208 /sq ftLubbock 79401Buyer’s market $114 /sq ftLubbock 79404Buyer’s market $96 /sq ftLubbock 79410Balanced $121 /sq ft Browse all markets →

Where Lubbock is

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Questions about Lubbock real estate

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

A buyer’s market: there were 6.2 months of supply in Lubbock, TX 79403 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 Lubbock?

The typical home went under contract in 83 days in the latest three months.

Do homes in Lubbock sell over asking?

0% of homes sold above their original list price, and the typical sale closed at 100.0% of the list price.

What are property taxes in Lubbock?

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 Lubbock?

The median sale price was $204,901 in the three months ending August 31, 2026, about $124 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