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Is Lubbock, TX 79415 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 10.6 months of supply, buyers usually have more time and more room to negotiate on price and terms.

Months of supply10.6Under 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 market39Listing to accepted offer
Median price per sq ft$139▲ +9.9% vs. last year

The Lubbock housing market right now

In the three months ending August 31, 2026, 0% of homes in Lubbock, TX 79415 sold above their list price, the typical home went under contract in 39 days and there were 10.6 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 16 home sales.

Compared with the same period a year earlier, the share selling over asking was about the same (0% then), homes sold faster (64 days then) and the median sale price rose 11% to $277,379. Overall, Lubbock is more competitive than a year ago, so tougher for buyers.

Within Lubbock County, homes here sell faster than in 75% 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 79415

Prefilled for 79415Can I win this house?Multiple-offer likelihood for a listing Prefilled for 79415Over-asking calculatorTypical range over list ToolOffer strength scoreHow your offer looks to a seller ToolAppraisal gapCash needed if it appraises low

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 Lubbock nearby

Find towns like Lubbock in other states →
Lubbock, TX79414 · 4 miles away77% similarpricier homes ($61K more) Lubbock, TX79412 · 4 miles away57% similarpricier homes ($34K more) · older residents Lubbock, TX79401 · 1 miles away56% similarsmaller · more renters Lubbock, TX79411 · 2 miles away53% similarpricier homes ($38K more) · smaller

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 10.6 months of supply in Lubbock, TX 79415 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 39 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 $277,379 in the three months ending August 31, 2026, about $139 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