Is Lubbock, TX 79411 a buyer’s or seller’s market?

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

Lubbock is a balanced market. With about 5.3 months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.

Months of supply5.3Under 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 market53Listing to accepted offer
Median price per sq ft$97▲ +16.0% vs. last year

The Lubbock housing market right now

In the three months ending August 31, 2026, 0% of homes in Lubbock, TX 79411 sold above their list price, the typical home went under contract in 53 days and there were 5.3 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 38 home sales.

Compared with the same period a year earlier, the share selling over asking was about the same (0% then), homes sold faster (74 days then) and the median sale price rose 10% to $126,945. Overall, Lubbock is more competitive than a year ago, so tougher for buyers.

Within Lubbock County, homes here sell more slowly than in 75% of the county’s ZIP codes, and sell less often over asking than in any other ZIP code in the county.

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 →

Where Lubbock is

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Questions about Lubbock real estate

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

A balanced market: there were 5.3 months of supply in Lubbock, TX 79411 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 53 days in the latest three months.

Do homes in Lubbock sell over asking?

0% of homes sold above their original 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 $126,945 in the three months ending August 31, 2026, about $97 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